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New report highlights increasing oil and gas industry confidence

Oil & Gas
New research from DNV GL has revealed that companies’ resilience to volatile market conditions will be put to the test in 2019

N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard

Oil & Gas
Nakilat-Keppel Offshore & Marine (N-KOM) says it has recently received its first FSRU project at the Erhama Bin Jaber Al Jalahma Shipyard

BV to support Fenja project offshore mid-Norway

Oil & Gas
Neptune Energy has awarded Bureau Veritas a four-year contract for second and third-party inspection services for the Fenja oil and gas development

Equinor Stops Drilling Key Arctic Well After Incident

Oil & Gas
Norway’s Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Jan. 21.

Lithuania LNG port expects to turn into a Baltic hub in 2021

Oil & Gas
Lithuania's LNG import terminal, 'Independence', which is located in Klaipeda, is expected to double its LNG volumes

Oceaneering wins three subsea umbilical contracts

Subsea Technology
Oceaneering International Inc. has secured three subsea umbilical contracts valued at more than $80 million in total. 

US judge halts Atlantic seismic oil permitting due to gov shutdown

Oil & Gas
A federal court judge issued, on January 18, that the federal government can not process seismic testing permits for offshore drilling during

China’s CNOOC To Double Domestic Proven Reserves, Exploration Work By 2025

Oil & Gas
China National Offshore Oil Co., or CNOOC, said on Jan. 18 it aims to double its exploration activities and proven oil and gas reserves in China

Ultra-deepwater Ghana well proves positive for Aker Energy

Oil & Gas
 Aker Energy has completed drilling of the Pecan-4A appraisal well in the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana.

Aker BP to drill 15 exploration wells in 2019.

Oil & Gas
Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018

Saipem awarded $1.3bn worth of offshore contracts by Saudi Armanco

Oil & Gas
Italy’s Saipem has been awarded two engineering, procurement, installation and construction contracts by Saudi Aramco

Shell to Pick Either Onesubsea or TFMC for Ormen Lange Phase 3

Subsea Technology
Shell said it has decided to go with subsea compression as a concept for the Ormen Lange Phase 3 to increase the recovery rate from the reservoir.
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