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AOG Daily: 2019 / January

Thursday, 10 January 2019 18:50

K2 Management Opens Beijing Office

Offshore wind and sustainable energy consultancy K2 Management  has opened an office in Beijing to support China’s wind and solar market. Image: K2 Management Active…
Marine and offshore engineering consultancy Aqualis Offshore has set up an office in Perth, Western Australia, to support oil and gas developments in the Australasia…
Thursday, 10 January 2019 18:47

Norway Cuts 2019 Oil Output Forecast

The Norwegian Petroleum Directorate (NPD)’s forecasts show that Norway's oil output in 2019 will be smaller than previously forecast and its lowest level in three…
Thursday, 10 January 2019 18:45

Aker Energy Hits Oil in Ghana

The operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, Aker Energy, has announced the near-completion of a successful drilling operation of the Pecan-4A…
Thursday, 10 January 2019 18:43

AzEire Gets Irish Offshore License Extension

Ireland-focused oil and gas exploration company backed by Seacrest Capital AzEire has been awarded an extension of a frontier exploration license (FEL) and a conversion…
Thursday, 10 January 2019 14:25

Oil and Gas Digital Investment Set to Surge

Global oil and gas executives are preparing to accelerate their investment in digital technologies, primarily as they seek to double down on their cost-saving ambitions.…
Thursday, 10 January 2019 11:26

Seadrill CFO to Step Down in June

Norwegian offshore drilling rig firm Seadrill Ltd said on Thursday that Chief Financial Officer Mark Morris will step down following completion of the company's financial…
Thursday, 10 January 2019 09:50

Bosch Rexroth Expands on US West Coast

Drive and control technology company Bosch Rexroth announced the next phase of its growing U.S. west coast presence through the re-opening of its Pleasanton, Calif.…
Independent global completions service company Tendeka reports it has secured a further multimillion-dollar contract with a major national oil company in the Middle East. Scott…
Thursday, 10 January 2019 04:15

Total Taps Warn as Investor Relations SVP

French supermajor Total has appointed Brendan Warn as Senior Vice-President, Investor Relations, effective January 1, 2019. He succeeds Mike Sangster. Brendan Warn (Photo: Total) Prior…
Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in…
Even as a partial shutdown halts the functions of many U.S. government departments, forcing the Department of the Interior to close national parks, the Trump…
Thursday, 10 January 2019 02:35

TechnipFMC Names New Chairman

Oil services group TechnipFMC said on Thursday Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko's imminent retirement. (File photo: TechnipFMC) Pilenko…
Thursday, 10 January 2019 02:31

Premier Oil Cuts More Debt than Forecast

Britain's Premier Oil cut debt to $2.3 billion at the end of 2018, below a previous forecast of $2.4 billion, it said in a trading…
Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were "fully illegal" and Tehran would not comply with them. © gt29…
Thursday, 10 January 2019 02:23

Norway 2019 Oil Output Forecast Cut to 30-year Low Featured

Norway's oil output in 2019 will be smaller than previously forecast and its lowest level in three decades, although it should rebound in the following…
Thursday, 10 January 2019 02:17

US Oil Export Boom Sparks Battle to Build Texas Ports Featured

Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new…
Thursday, 10 January 2019 02:09

German North Sea Wind Capacity Up 12.7%

Offshore wind power operators in the German North Sea raised generation capacity by 12.7 percent to 6,232 megawatts (MW) last year, nearing a government target…
Wednesday, 09 January 2019 18:15

SurfWEC to Tap Ocean Wave Power

New Jersey based marine engineering firm Martin & Ottaway together with industry partners, has formed a new company, SurfWEC LLC, that will develop Wave Energy…
Wednesday, 09 January 2019 18:14

Offshore Wind Ready To Take Off in US

Up and down the East Coast, initiatives to develop a massive and largely untapped market can make sea change in American offshore wind, says the…
Wednesday, 09 January 2019 18:12

Exploration Firms Drill Dry Well in North Sea

Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and…
Wednesday, 09 January 2019 18:11

Shell Acquires 26% Stake in Hazira LNG

Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5…
Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave…
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…
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