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DNV GL has won a contract to provide independent verification services for Energinet’s section of the Baltic Pipe project offshore Denmark. The Baltic Pipe project will enable the transport of gas from Norway to an export facility on the Danish island of Zealand via the Europipe II in the Danish North Sea. DNV GL’s contract includes independent verification and submar…
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Marathon Oil says its shale fields are producing more oil and gas with less hands-on work from company personnel thanks to a growing arsenal of digital technologies and workflows.
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New analysis from Rystad Energy shows service companies are beginning to raise prices after seeing a significant drop following the oil price downturn. Pricing power is projected to keep rising in 2020 as the service industry sees more demand across the supply chain.
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Canadian engineering and construction group SNC-Lavalin has named Ian L. Edwards as its interim president and CEO. Edwards, who has been the company’s COO since January, holds more than 30 years of global experience in delivering infrastructure and resources projects across North America, Europe, the Middle East, and the Asia Pacific region. He joined SNC-Lavalin in 2…
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Bravo is the second of four platforms to be decommissioned and removed from the Brent field, following Brent Delta in 2017. The field has produced approximately 3 billion boe since 1976.
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Ranking places US ahead of Saudi Arabia and Russia.
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The $20-billion FID is the largest ever for a sub-Saharan oil and gas project. The project’s location on the African east coast puts it in optimal position to sell LNG to the lucrative Asian market.
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Malaysian FPSO provider Yinson has secured a long-term contract extension through October 2022 with Nigerian company Addax Petroleum Development for its Adoon FPSO. The deal’s value is estimated to be $137.5 million. Yinson had previously won a one-month extension for the FPSO, which is moored at Block OML 123 offshore Nigeria, as it discussed the framework of a long-…
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Drones are becoming an important tool for energy companies looking to improve on-site safety and operational efficiencies, and the industry is looking for the best way to maximize their value. What are some the challenges in getting these programs off the ground?
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This new development is the first to recover commercial quantities of oil in the UK from reservoirs that are generally considered non-productive.
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Trade tensions and economic sentiment take a toll.
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The Japanese operator will submit a development plan to the Indonesian government within the next few weeks, with FID for the $20-billion project coming around 2022. Abadi LNG is projected to deliver 9.5 mtpa of LNG.
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