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DNV GL issues efficiency-minded recommended practices for subsea pumping systems

DNV GL issues efficiency-minded recommended practices for subsea pumping systems

A new DNV GL recommended practice has unlocked new opportunities for the oil and gas sector to deliver more cost-efficient. 43% of respondents put digitalization as a core part of their business strategy. Technical expertise helps fast-track Taiwan’s implementation of new offshore wind farms. It environmentally friendly subsea processing for improved hydrocarbons recovery. Singapore’s Maritime...

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Norwegian oil crews stigmatized in the “climate change” era

Norwegian oil crews stigmatized in the “climate change” era

Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor ASA since the 1990s. The Norwegian offshore survey company EMGS has signed an $8 million multi-client contract. The feeling unloved as many are starting to turn their backs on an industry. Norwegian oil and gas giant Equinor slipped to a net loss in...

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Reveal Energy Services validates more than 10,000 hydraulic fracturing stages

Reveal Energy Services validates more than 10,000 hydraulic fracturing stages

Reveal Energy Services announced the company has validated more than 10,000 hydraulic fracturing stages in the US. Company announced the commercialization of the DSCVRiSM cloud-based completion evaluation engine. Company also announced the commercialization of the FracEYE(SM) frac hit analysis service. Two patents that protect the science underlying IMAGE Frac technology licensed exclusively. company is enhancing...

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Noia fall seminar points to bright future for Canadian offshore exploration

Noia fall seminar points to bright future for Canadian offshore exploration

The Newfoundland and Labrador Oil & Gas Industries Association (Noia) hosted its annual Fall Seminar. Noia has released an independent economic impact report. The focus for this year was advancing the offshore industry through exploration drilling activities. Noia is pleased to inform its members, the oil & gas industry, and the public that nominations are...

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Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Kongsberg Digital, a subsidiary of KONGSBERG, signed an agreement to digitalize the Nyhamna facility. KONGSBERG and MAN Energy Solutions have signed a Memorandum of Understanding. The company behind the advanced SeaCross navigation system for safe. The contract award includes the full SURF System including Production wells, Gas and Water Injection wells. Students at the Jiangsu...

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Equinor to build wind farm to power oil platforms offshore Norway

Equinor to build wind farm to power oil platforms offshore Norway

Equinor made a final decision to invest in floating wind turbines to power offshore oil platforms off. Equinor and its partners confirmed a new timeline for the Rosebank project. Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract. Hywind Tampen will cost a total of almost 5 billion kroner $550...

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Equinor chooses Saipem for industry-first autonomous subsea drone project

Equinor chooses Saipem for industry-first autonomous subsea drone project

Equinor has awarded Saipem a subsea service contract using a wireless underwater intervention drone. Equinor joins YPF Luz for the development of the Cañadón León wind farm in Santa Cruz in Argentina. New York State governor Andrew M. Cuomo today announced Equinor’s Empire Wind as a winner. This contact will make Equinor the first user...

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ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil signed an agreement today with Var Energi AS. United Way of Beaumont and North Jefferson County to receive $200,000. Tripletail-1 well is located in Turbot area on the Stabroek Block. Technology uses advanced chemistry to remove carbon dioxide from emissions sources. Its non-operated upstream assets in Norway for $4.5 billion. Upstream liquids production grows...

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Equinor pledges to clean up Bahamas oil spill

Equinor pledges to clean up Bahamas oil spill

In the aftermath of Hurricane Dorian there are reports of widespread devastation across the Bahamas. Company consortium to develop the floating offshore wind project. Equinor has, on behalf of the partners of the Northern Lights project. Equinor says it will clean up the spills from the South Riding Point oil terminal. Equinor is launching a...

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Equinor launches $5 billion share buy-back program

Equinor launches $5 billion share buy-back program

Equinor is launching a share buy-back program of up to $5 billion over a period until the end of 2022. Equinor has, on behalf of the partners of the Northern Lights project. Equinor and Lundin have completed both parts of the transaction announced on 7 July 2019. Three Norwegian companies participate in the programme. The...

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