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World Oil: NPD reports production figures for January 2019
Category: Business News
Chart: Norwegian Petroleum Directorate. STAVANGER — Preliminary production figures for January 2019 show an average daily production of 1,8 MMbbl of oil, NGL and condensate, which is a decrease of 30 Mbp day compared to December 2018. Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 0.5 GSm3 from the previous month. Average daily […]
Source: World Oil
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World Oil: Wood awarded EPCI contract by Equinor in Norway
Category: Business News
HOUSTON – Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Effective immediately, Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre A and Snorre B, which process […]
Source: Wood Oil
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Reuters: Five companies, including Equinor, bid to supply New York with offshore wind power
Category: Business News
Five companies, including Norway’s Equinor, Denmark’s Orsted and France’s EDF have submitted bids to supply offshore wind power to the New York state, the companies said on Thursday. New York state closed bidding on.ny.gov/2E54m5q on Thursday to provide 800-megawatts of offshore wind energy, a part of a plan develop up to 2,400 megawatts (MW) of offshore wind […]
Source: Reuters
Published: February 1, 2019
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World Oil: Equinor increases 2018 earnings, eyes offshore U.S.
Category: Business News
STAVANGER — “Strong operational performance and high production gave solid results and cash flow in a quarter with significant market volatility. We delivered growing returns for the full year and expect continued earnings growth. Following strong improvements in recent years, the board proposes an increase in quarterly dividend of 13% to $0.26 per share,” says […]
Source: World Oil
Published: February 10, 2019
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World Oil: CGG, TGS to conduct Greater Castburg survey
Category: Business News
PARIS, France — CGG and TGS announce the Greater Castberg TopSeis survey in the Barents Sea. The survey is 5,000 km2, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology. The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition […]
Source: World Oil
Published: February 11, 2019
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