ExxonMobil Acquires Interest in Acreage Offshore Suriname

by Timothy Reeder | Jul 17, 2017 | News

Exxon Mobil Corporation announced recently that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname N.V., the national oil...

Arkona offshore distribution station laid down in French shipyard

by Timothy Reeder | Jul 17, 2017 | News

The steelworks of the offshore distribution station for the planned Arkona wind farm in the Baltic Sea are now finished. It has been moved by transport barge from its previous dock in STX France’s shipyard to a dry dock. This so-called “keel-laying”...

Shell purchases deep-water production and storage vessel

by Timothy Reeder | Jul 17, 2017 | News

Shell Offshore, Inc. announced recently that its affiliate, Shell E and P Offshore Services B.V., will exercise a contractual right to purchase the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The vessel is contracted for...

Total celebrates the start of operations on the giant Al-Shaheen oil field alongside Qatar Petroleum

by Timothy Reeder | Jul 17, 2017 | News

Total and Qatar Petroleum will take over the operatorship of the giant Al-Shaheen offshore oil field for a period of 25 years beginning July 14, 2017. The field produces 300 thousand barrels of oil per day. The concession will be operated by the North Oil Company...

Statoil recruiting skilled workers to all fields

by Timothy Reeder | Jul 17, 2017 | News

Statoil plans to recruit more than 50 skilled workers annually in the years ahead to ensure that the company has the right competence and capacity on the Norwegian continental shelf. “We believe it will be possible to maintain profitable and sustainable production at...