The Talamona manufacturing plant in Italy has been equipped with a completely automated production line as well as additive manufacturing capabilities.
Wartsila joins with Gasum to develop LNG distribution network for industrial sector.
Development costs for Phase 1 of the project offshore Norway have fallen by 21%.
News of a deepwater Gulf of Mexico discovery is made as the company reports falling profits and growth priorities.
The JV comes about six months after Golar and Schlumberger said they signed a memorandum of understanding.
Norway’s Polarcus has been hired to conduct a 3-D marine seismic survey offshore Egypt.
Various subsea equipment will be delivered throughout 2015 and 2016.
GE Oil & Gas has invested more than $20.5 million across its subsea manufacturing facilities in Montrose, Scotland, in a move to enhance its business’s test and assembly and manufacturing capabilities.
Ceona has successfully installed a 570-mt multiple pipelay vertical lay system (VLS) and twin 400-mt cranes onto its next-generation flagship asset, the Ceona Amazon.
Kosmos Energy is taking a fresh look at a handful of new and existing exploration prospects in frontier waters offshore Ireland, according to partner Europa Oil & Gas.
The country's quest to explore for shale gas began five years ago, when the then prime minister Donald Tusk raised hopes with a forecast of it coming on stream in 2014.
Giant gas reserves offer Mozambique an opportunity to transform itself from one of the world's poorest countries into a middle-income state and a major global LNG exporter.
Centrica produces about 64,000 barrels of oil equivalent per day in Canada, of which 90% is natural gas. The company's operations are focused on southern Alberta and Saskatchewan, Reuters reported.
Maersk said it would look for solutions for its oil and oil-related businesses, which are to be split from the main company either individually or in combination 'in the form of joint-ventures, mergers or listing.'
OMV was ready to swap a minority stake in either of the holding companies for its North Sea assets for about 25% in two areas of the Achimov Formation of Gazprom's Urengoy Field in Siberia, Reuters reported.
BP signed amendments to the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt, allowing for the development of the Nooros Field, Reuters reported.
Reserves recently discovered in Mozambique's Rovuma Basin amount to about 85 trillion cubic feet, enough to supply Germany, Britain, France and Italy for nearly two decades, Reuters reported.
The upgrade will increase the output capacity to 70 million cubic meters per day (MMcm/d) from the current output level of about 50 MMcm/d, Shell executives told Reuters during a visit to the plant, situated on Norway's west coast.
CEO Karl Johnny Hersvik said company is more interested in liquid exposure than gas exposure, and that high-value assets and operated assets where productivity can be increased are targeted, Reuters reported.
Many eastern European countries and the U.S. have said the pipeline could limit supply routes and the energy security of the European Union, which gets a third of its gas from Russia.
After meeting in August, Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin hope to remove some barriers preventing the development of a number of joint projects, especially the planned Turkish Stream gas pipeline under the Black Sea.
The Norwegian Petroleum Directorate is facilitating a competition in hopes of strengthening its technological expertise and capacity.
Subsea technology provider Forum Energy Technologies (UK) Ltd. has unveiled a deepwater test facility and received industry accreditation for the calibration laboratory at its new European Operational Centre in Aberdeen.
The Irish government has offered 14 new licensing options in the Irish offshore following the conclusion of the 2015 Atlantic Margin Licensing Round.
Hansa Hydrocarbons has taken its first steps into the Danish offshore sector with the provisional award of two new licences in the country’s seventh licensing round.
Nobody was injured in the incidents. Production at Gullfaks A restarted late on Oct. 16, Statoil said. It was unclear when production at Statfjord A would resume, Reuters reported.
The Permasense product line will become part of Emerson’s Rosemount portfolio of measurement and analytical technologies.
Aker Solutions and MAN Diesel & Turbo are aiming to reduce the size and weight of subsea compression systems by at least 50%, according to a news release.
Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the government wants to see these resources extracted to help offset declining North Sea oil and gas output.
Under the contract, mid-water arch and risers will be removed, and several DOF subsea vessels operating in the Atlantic region during fourth-quarter 2016 will be utilized.