Norwegian oil and gas firm Equinor said on Nov. 29 it would start a controlled shutdown of its offshore Heimdal platform after two people were injured the previous day.
Last year, BHP ended a massive loss-making seven-year foray into shale by selling most of its U.S. onshore shale oil and gas assets to BP for $10.5 billion.
A SIM system ensures that assumptions made in the design phase are safely controlled and managed throughout the life cycle of the structure.
As oil and gas fields become depleted, energy companies are looking at how they can extend the life of operating fields, unlocking low-pressure reserves from reservoirs to maintain plateau production rates.
The U.S. Treasury extended a licence for Serica Energy to operate the Rhum field in the North Sea which is 50% owned by Iran's national oil company, energy producer Serica said on Oct. 24.
Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said.
LLOG Exploration Offshore has signed a subsea tree order with TechnipFMC on Oct. 15 for its Shenandoah project in deepwater of the Gulf of Mexico (GOM).
Chevron Corp. said on Oct. 4 it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.