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Google, Chevron execs say industry must keep up with data transformation, other tech trends

11 hours ago DieselGasoil Comments Off on Google, Chevron execs say industry must keep up with data transformation, other tech trends
By Kurt Abraham, Editor-in-Chief on 3/19/2019 At the Norwegian Energy Day on Tuesday, March 19, hosted by the Norwegian Consulate General and several corporate sponsors, speakers from Google and Chevron told the audience that the oil and gas industry needs to do more, and do it faster, to adapt to the digital transformation and other Read More

NPD reports production start at Oda field

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3/19/2019 Oda field, North Sea. Photo: NPD. NORWAY — The Oda field started to produce oil and gas on March 16, 2019. The field, which is located 13 km east of Ula in the North Sea, is operated by Spirit Energy. Oda is a subsea development where the wellstream is routed on to the Ula Read More

Brazil said to see Petrobras payout surpassing $18 billion

13 hours ago DieselGasoil Comments Off on Brazil said to see Petrobras payout surpassing $18 billion
By Sabrina Valle on 3/19/2019 RIO DE JANEIRO (Bloomberg) — Petrobras is expected to receive more than $18 billion from a mixture of government and private sources as payment for oil reserves, people familiar with the matter said, potentially resolving a dispute that has dragged on since 2013. Brazil’s government anticipates that companies seeking to Read More

Neptune Energy awards rig contract

13 hours ago DieselGasoil Comments Off on Neptune Energy awards rig contract
3/19/2019 Photo: Beacon Atlantic semi-submersible drilling unit, managed by Odfjell Drilling AS. LONDON — Neptune Energy Norge AS has awarded a rig contract for six wells to CIMC Offshore AS. The contract concerns hire of the Beacon Atlantic semi-submersible drilling unit, which will be managed by Odfjell Drilling AS. Designed for harsh environments, Beacon Atlantic Read More

Rotork electric actuators used in U.S. shale oilfield pipeline’s solar solution

13 hours ago DieselGasoil Comments Off on Rotork electric actuators used in U.S. shale oilfield pipeline’s solar solution
3/19/2019 Photo: Rotork IQ3 intelligent multi-turn electric actuators. BATH, UK — Rotork IQ3 intelligent multi-turn electric actuators have been specified for use in solar powered control stations for water gathering pipelines in the U.S. Located in the oilfields of West Texas and New Mexico, the intelligent systems allow for the remote operation of single-stage isolation Read More

BP explores buying solar energy to power operations in U.S.

13 hours ago DieselGasoil Comments Off on BP explores buying solar energy to power operations in U.S.
By Brian Eckhouse and Kelly Gilblom on 3/19/2019 SAN DIEGO and LONDON (Bloomberg) — BP Plc may become the next oil giant to power operations with clean energy. The London-based company is in talks with a solar developer it partially owns, Lightsource BP, to buy power in the U.S., according to executives at the renewable Read More

U.S. Refiners Look to get in on shale oil export boom

13 hours ago DieselGasoil Comments Off on U.S. Refiners Look to get in on shale oil export boom
By David Marino and Catherine Ngai on 3/19/2019 NEW YORK (Bloomberg) — U.S. refiners aren’t just buying crude to turn into gasoline and diesel (gasoil) — they’re competing with producers and traders to export it. Marathon Petroleum Corp. and Phillips 66 — two of the three biggest U.S. independent fuelmakers — are getting in on Read More

4Subsea acquires Astori

19 hours ago DieselGasoil Comments Off on 4Subsea acquires Astori
3/19/2019 ASKER, Norway — 4Subsea, a leading provider of technology and services to oil & gas and offshore wind operators worldwide, reports the acquisition of Astori AS. Astori delivers unique subsea control systems for simplified XT installations that can operate all types of XTs from all main vendors, simplifying and reducing costs of subsea well Read More

Aker BP declares successful exploration well on Froskelår

19 hours ago DieselGasoil Comments Off on Aker BP declares successful exploration well on Froskelår
3/19/2019 Photo: Evy Glørstad-Clark, senior V.P. exploration in Aker BP. LYSAKER, Norway — Aker BP has successfully completed the Froskelår Main exploration well in license 869 in the Alvheim area. The well has proved oil and gas. The gross resource estimate is 60 MMboe to 130 MMboe. A part of the discovery may straddle the Read More