Noble Energy Inc shareholders have approved the company’s acquisition by Chevron Corporation, cementing one of the US oil industry’s biggest transactions this year. The vote on the 2nd October during a virtual shareholder meeting came despite opposition from Elliott Management Corporation. The activist hedge fund was…
Swedish oil and gas company Lundin Energy has entered into an agreement with Idemitsu Petroleum to acquire its interests in a portfolio of licences in the Barents Sea offshore Norway. The agreement includes a working interest in the Wisting oil discovery and working interest…
Iranian Offshore Oil Company (IOOC) has installed the second new 1,000-ton platform at the Hendijan field in the Persian Gulf. Platforms 07 and 08 are designed to increase the field’s oil production capacity by 20,000 b/d, according to news service Shana. Facilities for…
Wintershall Dea has converted the Mittelplate drilling and production island in the Schleswig-Holstein Wadden Zee National Park off northern Germany to run 100% on electricity from renewable energy. “We were able to stop generating electricity with a gas turbine and switch to green electricity…
One year after the field came on stream digital solutions are key to maintaining high safety standards and value creation in all parts of the operations at Johan Sverdrup. This has increased earnings by more than NOK two billion. Digital solutions help increase…
AIM-listed Union Jack Oil, the UK focused onshore hydrocarbon production, development and exploration company, has announced that the onshore West Newton B-1 (‘WNB-1’) well, the next well following the successful West Newton A-2 (‘WNA-2’) appraisal well, has now spud. Union Jack holds a 16.665%…
TechnipFMC reported on the 1st October that it has won a large subsea contract from a unit of Exxon Mobil Corporation ranging in value from US$500 million to US$1 billion. Under the terms of the award from Esso Exploration and Production Guyana Limited (EEPGE),…
Aker Solutions has won two contracts from ConocoPhillips for the Tommeliten Alpha development offshore Norway. The NOK 1.2 billion (US$129.3 million) deal will see the company deliver the subsea production system. The scope of work includes ten vertical subsea trees, two manifolds, wellheads,…
Scientists from the University of Aberdeen are developing new technology they claim will be a ‘game-changer’ in enhancing production from North Sea gas fields. Nanotechnology is more commonly associated with medical sciences, with limited application in the oil and gas sector. But now, academics…
Prime Minister Erna Solberg and Kværner apprentice Arne Linga started the construction of Hywind Tampen, a floating offshore wind farm, at Kværner Stord. The technology project opens up new opportunities for Norwegian industry. Prime Minister Solberg and Linga started the cutting robot on…
