Oil & Gas News

Following the successful manufacture of four strings of Helically Grooved Buoyancy for Diamond’s ‘Blackship’ vessels, combined with an extremely positive market reception to performance validation data, Diamond Offshore Drilling have extended the exclusive license for Trelleborg’s offshore operation to this patented technology until 2029.

Equinor is awarding new service contracts to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on most of the Equinor-operated fields on the Norwegian continental shelf. Initially awarded for four years, the contracts have a total estimated value of some NOK 30 billion.

There is a lot of buzz around “Digitalization”. It’s trending on social media and in countless business journals around the globe. To different people it means a variety of different things from Big Data to the Cloud and the Internet of Things. So what is it and what does it mean for geosciences in the oil and gas industry?

The energy industry has to continuously demonstrate its excellence in order to maintain a ‘license to operate’, says the newly appointed conference chair of SPE Offshore Europe 2019 Michael Borrell, senior vice president, North Sea and Russia at Total.

Byron Energy Limited announces that Byron Energy Inc., a wholly owned subsidiary of the Company, has been advised by the Bureau of Ocean Energy Management (“BOEM”) that its bids for Eugene Island blocks 62, 63, 76 and 77, at Gulf of Mexico OCS Lease Sale 250 held on Wednesday 21 March 2018 in New Orleans, Louisiana, have been deemed acceptable by BOEM and the leases have now been awarded to Byron.

The plan for development and operation of the Johan Castberg field in the Barents Sea was approved by the Norwegian Parliament on Monday 11 June. The plan will now be submitted to the Ministry of Petroleum and Energy for formal approval.

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