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Published in Oil Industry News on Tuesday, 16 August 2016 Norway’s government agency in charge of managing the oil and gas resources, the Norwegian Petroleum Directorate (NPD), has reported that the country’s oil production in July 2016 increased 10 pct when compared to the same period last year due to contribution from Eni Norge’s Goliat
French oil firm Total has hired Emerson for the provision of control and safety system maintenance services that will support Total’s upstream oil and gas operations around the world. Emerson said on Wednesday that the ten-year frame agreement is part of Total’s Integrated Control and Safety Systems standardization strategy. It is the first of its
Dutch-based provider of floating production systems to the international offshore oil and gas industry, SBM Offshore, will lay off at least another 250 employees amid market downturn. SBM Offshore said on Wednesday that, as a result of the ongoing review of the company’s cost structure due to the continued market downturn, the workforce reduction is
The Australian Government on Thursday launched the 2016 Offshore Petroleum Exploration Acreage Release making 28 new areas available for bidding in Commonwealth waters offshore from Western Australia and the Territory of Ashmore and Cartier Islands. The 2016 acreage release comprises 28 areas located across five basins, Bonaparte, Browse, Offshore Canning Basin, Roebuck, and Northern Carnarvon
Next phase of strike action by Wood Group employees working on Shell’s North Sea platforms will go ahead on Thursday morning, August 4, 2016, after talks over pay cuts between the unions and management failed. The North Sea platforms involved include the Brent Alpha, Bravo and Charlie platforms, Gannet, Nelson, Shearwater, and Curlew. This next
Bored with palm-fringed beaches and turquoise seas? Then the gigantic oil platforms of the North Sea beckon. The first ever “rig-spotting” cruise just ended off the coast of Norway, and those onboard the four-day trip said it was jawdropping. – See more at: http://roughneckcity.com/roughneck-city/oilfieldnews/739/cruise-to-north-seas-oil-rigs-amazes-tourists#sthash.M5x4Oys8.dpuf “I couldn’t believe that these big buildings could be made,”
Canadian oil and gas company Husky Energy last week spilled hydraulic fluid into the environment offshore Canada. According to Canada-Newfoundland & Labrador Offshore Petroleum Board (CNLOB), Husky Energy on July 15, 2016, reported an unauthorized discharge which resulted in the impairment of safety critical equipment on the Henry Goodrich semi-submersible drilling rig. CNLOBP says around
Around 400 offshore workers employed by Wood Group will take part in the first North Sea strikes for a generation. The workers who are members of RMT and Unite the Union will take part in a series of strikes, the first scheduled for July 26th 2016. The news comes after RMT and Unite the Union members voted
Danish energy company Dong Energy has agreed to divest ownership in some oil and gas fields in Norway to Faroe Petroleum. The company will through its Norwegian subsidiary DONG E&P Norge AS divest ownership shares in five producing Norwegian oil and gas fields the Ula field (20 percent working interest); two tie-back fields to Ula,
Fred. Olsen Energy, a Norwegian offshore driller, has warned that the depressing conditions in the Norwegian floater market are expected to spill over into 2017 as well. According to the company’s second quarter presentation, where it reported a narrowed second-quarter loss, the company said there has been a considerable reduction in the utilization of the