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Total acquires Maersk’s oil and gas unit for $7.45bnFrench oil major Total has announced plans to buy the oil and gas business of A P Møller – Mærsk in a $7.45 billion deal saying the move will strengthen its operations in the North Sea. Total More… |
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BP orders North Sea platform evacuation over stormBP said it ordered a total evacuation of its Valhall platform in the North Sea on Thursday after a barge broke its anchor and was drifting towards the installation following a storm. "The barge has changed direction and BP ha More… |
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One dead after wave hits N Sea drilling rigOne person died and two were injured on Wednesday when a big wave hit a rig belonging to China Oilfield Services Ltd that had been drilling at the Statoil-operated Troll field offshore Norway. The companies were informed at around More… |
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Stork picks Emerson sand monitoring solutionStork, a global provider of knowledge-based asset integrity services, has installed Emerson Process Management’s wireless sand erosion monitoring solutions on a major North Sea operator’s installation. The collaboratio More… |
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Tata Steel wins major contract in North Sea projectIndia-based Tata Steel has been awarded a multi-million pound contract for the Maersk Culzean project located in the UK central North Sea – one of the largest discoveries in the region in the last 10 years. The company will More… |
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Total puts prime North Sea field on the blockFrench oil major Total is selling its stake in the North Sea Laggan-Tormore oil and gas field as it seeks to shed assets after a steep fall in the oil price, banking sources said. Total is hoping to get up to $1.5 billion for its More… |
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Shell to dismantle North Sea oil platformOil company Shell intends to start a 10-year process to dismantle and remove one of Britain's oldest and biggest oil platforms, Brent Delta, the company said on Tuesday. Britain's North Sea basin is one of the most mature More… |
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North Sea rig closures may hit UK oil outputBritain's oil industry is facing the threat of a cascade of North Sea rig closures, unless ageing platforms can urgently source more gas to help squeeze out the remaining barrels, said experts. The potential threat to oil reve More… |
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Oil slips below $106 on growth concernsOil edged below $106 a barrel on Tuesday, weighed down by concerns that weak data from the US and China, the world's largest consumers of oil, could slow global growth though a spate of supply problems offered some support. A More… |
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Drydocks World in $730m rig dealDrydocks World, the Dubai-based group which has undergone a multi-billion-dollar debt restructuring, said it had been commissioned to construct “Dubai Expo 2020 NS,” the largest rig ever built for the North Sea in a deal worth $730 m More… |
