Oil & Gas News

In support of the Administration’s America-First Offshore Energy Strategy, Department of the Interior’s Acting Assistant Secretary for Land and Minerals Management Casey Hammond and the Bureau of Ocean Energy Management (BOEM) Acting Director Dr. Walter Cruickshank today announced that BOEM proposes to offer approximately 78 million acres for a region-wide lease sale scheduled for March 2020.

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO.

On October 5, Equinor and the Johan Sverdrup partnership consisting of Lundin Norway, Petoro, Aker BP and Total, started production from the giant field in the North Sea, more than two months ahead of and NOK 40 billion below the original estimates in the Plan for development and operation.

The Secretaries General of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) have signed a Memorandum of Understanding (MoU) to strengthen cooperation in research and the sharing of best practices.

Thuraya Telecommunications Company, a mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat) is participating in OilComm 2019, the Houston-based event for oil and gas professionals to explore trending innovations in the communications and digital industries. At the two-day symposium, Thuraya will display its top satellite solutions for land and offshore energy applications, besides seeking new partners to expand its growing IoT/M2M ecosystem.

Subsea 7 S.A. announces the award of two contracts, together representing a sizeable(1) contract award, by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters.

CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered state-of-the-art broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola. This achievement builds on previous 4D seismic processing projects undertaken for BP Angola.

Benthic, a global geosciences company and part of Acteon, has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development, a deepwater discovery off the coast of Mozambique that will be developed as a subsea system tied back to an onshore liquefied natural gas facility.

Marlink has reported a significant boost in demand for more bandwidth and new installations from new energy sector customers and increased activity from its existing customer base at sea and on land.

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