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AOG Daily: 2019 / January

Wednesday, 09 January 2019 18:09

Solstad Offshore Wins Contracts for CSVs

Norwegian offshore service and supply ship shipping company Solstad Offshore has secured work for two of its offshore construction vessels. Image: Solstad Offshore First, the…
Wednesday, 09 January 2019 05:51

Puma Awards EPC Contract to McDermott

McDermott International, Inc. announced Wednesday it has been awarded a tank contract by Puma Energy (Australia) Fuels Pty Ltd for the engineering, procurement and construction…
Wednesday, 09 January 2019 05:13

DNO Clinches Faroe Petroleum Featured

Norwegian oil company DNO has secured control of Faroe Petroleum, a day after raising its hostile bid for the British company to 641.7 million pounds…
Top oil exporter Saudi Arabia plans to lower its shipments further in February as it follows through on a global deal to cut output to…
Wednesday, 09 January 2019 04:46

Oil Rises On U.S.-China Trade Talk Optimism

Oil prices climbed around 3 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world's two largest economies would…
Wednesday, 09 January 2019 04:38

Italy to Block Exploration Permits

The Italian government is planning to block the issuing of about 36 permits to look for oil and gas as part of plans to cut…
Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma…
Canada-based Carbon Engineering said on Wednesday it had received investment from a subsidiary of Occidental Petroleum Corp. and the venture capital arm of Chevron Corp.…
Northland Deutsche Bucht has completed the installation of all 31 foundations for its offshore wind farm project in the North Sea. Image: Deutsche Bucht wind…
The world's first industrial-scale floating wind prototype, Hywind 1, installed in 2009 off the west coast of Norway, will be reborn as an infrastructure for…
The private equity firm focused on the energy industry BP Energy Partners (BPEP), LLC announced it has purchased a controlling interest in Cryopeak LNG Solutions…
Tuesday, 08 January 2019 17:49

LNG to Fuel Central American Plant

Finnish technology group Wärtsilä said it recently started site work for a new 378 megawatt power plant in El Salvador, Central America to be fired…
Tuesday, 08 January 2019 08:40

ExxonMobil, IBM Partner on Quantum Computing

Oil supermajor ExxonMobil announced Tuesday it has signed a partnership agreement with technology giant IBM to advance the potential use of quantum computing in developing…
Tuesday, 08 January 2019 07:13

Sphera Acquires Petrotechnics

Sphera, a provider of integrated risk management software and information services with a focus on operational risk, environmental health and safety and product stewardship, announced…
Sinking oil prices are turning distressed US energy companies into takeover targets for opportunistic private investors who are prepared to offer expensive debt in return…
U.S. oil and gas producer Occidental Petroleum Corp said on Monday it expects to spend $4.4 billion to $5.3 billion this year, depending on the…
Tuesday, 08 January 2019 03:23

Oil Spill from Espadarte Field FPSO

Brazilian state-run oil firm Petróleo Brasileiro S.A. announced there was an oil spill on January 2 from its chartered floating production storage and offloading unit…
Tuesday, 08 January 2019 02:11

Petrobras Selling $803 Mln in Local Debt

Petroleo Brasileiro SA is selling up to three series of local unsecured bonds to raise 3 billion reais ($803 million), the Brazilian state-run oil firm…
Monday, 07 January 2019 17:26

Spirit Energy Gets Nod for Oda Development

North Sea explorer Spirit Energy has been given the green light from Norwegian Petroleum Directorate (NPD) to start up its first operated development in Norway.…
Norwegian seismic player Petroleum Geo-Services ASA (PGS) updated on changes of the contract for the 3D survey in South America announced November 14, 2018. Ramform…
Monday, 07 January 2019 17:23

Forum Bags Mojave ROV Deal

Oilfield products company Forum Energy Technologies said it has sealed a contract to supply a Mojave remotely operated vehicle (ROV) for the Norwegian firm ESEA…
Monday, 07 January 2019 17:21

Bunker One Expands to Germany

Denmark-based marine fuel supplier Bunker One has announced the establishment of a new physical bunker entity, serving the German market. Image: Bunker One Bunker Holding…
Monday, 07 January 2019 17:20

ABP, Peterson Sign Pact

The logistics and service provider to the offshore energy industry Peterson UK Limited has concluded a new long-term agreement with Associated British Ports Holdings (ABP)…
Monday, 07 January 2019 17:18

SeaRose FPSO Production Remains On Hold

Oil production continues to be suspended at the SeaRose FPSO, about 350 kilometers east of St. John’s for the last 50 days. There’s no information…
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative mechanisms to address sulphur emission…
Monday, 07 January 2019 05:50

Oil Rises 3 percent; Lifted by OPEC Cuts

Oil prices climbed about 3 percent on Monday, rebounding further from 1-1/2-year lows reached in December on support from OPEC production cuts and steadying equities…
The U.S. Supreme Court on Monday cleared the way for the attorney general of Massachusetts to obtain records from Exxon Mobil Corp to probe whether…
Monday, 07 January 2019 03:44

Danos Secures GoM Contracts

Danos announced Monday it has secured a contract with Equinor for production operation support on its Titan SPAR platform, located in the deepwater Gulf of…
Monday, 07 January 2019 02:24

Norway Oil Investment to Rise in 2019 Featured

Oil and gas investment in Norway is expected to grow for a second year in a row in 2019 but will fall back between 2020…
Suncor Energy Inc said on Monday it expects total upstream production to rise by about 13 percent in the fourth quarter of 2018, helped by…
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