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Tag: oil

Ukraine’s losses on the Black Sea shelf amount to $50 billion

Oil & Gas
Experts have estimated the amount of damage Ukraine has suffered since Russia occupied Crimea and blocked access to natural resources on the Black Sea shelf.

ExxonMobil announces discovery at Pinktail, offshore Guyana

Oil & Gas
ExxonMobil today said it made a discovery at Pinktail in the Stabroek Block offshore Guyana.

Wintershall Dea completes appraisal well on the Bergknapp discovery

Oil & Gas
Resources for the Bergknapp oil discovery estimated at 40 - 84 million boe after appraisal

Highly profitable Troll phase 3 project on stream

Oil & Gas
On Friday 27th August at 9.25 pm, production started from the Troll phase 3 project in the North Sea.

BP awards Global Maritime Framework Agreement

Oil & Gas
Global Maritime have been awarded a Framework Agreement to provide specialist marine services to BP, globally.

MODEC’s FPSO Carioca MV30 achieves First Oil and starts 21-Year Time Charter

Oil & Gas
MODEC was responsible for the engineering, procurement, construction, mobilization and installation of the FPSO

ABB secures $120 million order to power Jansz-Io Compression project

Oil & Gas
ABB appointed by Chevron Australia and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field.

Yme field starts up again in the North Sea

Oil & Gas
The authorities have granted Repsol consent for a new start-up of the Yme field in the North Sea.

Lundin Energy announces first oil from the Rolvsnes field

Oil & Gas
The resource estimate for the Rolvsnes field is between 14 and 78 million barrels of oil equivalent (MMboe) gross.

Increasing Vigdis field production due to new technology

Oil & Gas
A pump on the seabed gives the Vigdis oil field in the North Sea a boost that increases production by around 16 million barrels.

SBM Offshore signed LOI for FPSO Alexandre de Gusmão lease and operate contracts

Oil & Gas
The unit will be deployed at the Mero field in the Santos Basin offshore Brazil

Neptune Energy installs world’s longest ETH production pipeline

Subsea Technology
The 37 kilometre electrically trace-heated (ETH) pipe-in-pipe solution will transport oil from the field to the Njord A platform, operated by Equinor.
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