Surveying company UTEC, part of subsea services group Acteon, said it has been awarded a subcontract by McDermott International for a series of survey work scopes offshore eastern India.The work, due to commence in December 2018, will see UTEC…
Modus Seabed Intervention Limited said it has trenched to specification the ONGC Vashishta pipelines and umbilical offshore India for McDermott International.The work scope included the trenching and surveying of two 18-kilometer pipelines with outside diameters of up to 579 millimeters…
Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.The project, a joint venture with Exxon Mobil and BP, will include a modification…
Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.The field accounts for about 40 percent of the natural gas reserves on the…
Chevron Corp plans to spend $20 billion next year on oil and natural gas projects, the second-largest U.S. oil producer said on Thursday in a statement, its first increase in four years.Its 2019 capital spending budget is at the high end of…
Malaysia's largest oil and gas services company Sapura Energy narrowed third-quarter net losses as broader operating income more than offset losses at its drilling business.Sapura's third-quarter net loss was 31.1 million ringgit ($7.5 million)…
Cabling and connectivity solutions provider Nexans said it has formed a new team dedicated to inspection, maintenance and repair (IMR).The new IMR team, which combines the firm's experience and resources – including fault location technology…
Oceaneering International, Inc. announced it has bolstered its expanding asset integrity business in Chandigarh, India with more capabilities. The engineering support team is expected to grow to around 30 full time engineers by the end of 2019…
Aqualis Offshore announced Tuesday it has entered into a five-year master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in Singapore, Vietnam…
Specialized offshore services provider Petrus Group was founded in Macaé, on the North Coast of Rio de Janeiro, the acknowledged oil capital of Brazil in 2009, during the oil boom caused by the early pre-salt discoveries. The company has since grown steadily in Brazil…
Fugro said it has attracted seven new clients for its inspection, repair and maintenance (IRM) services in the U.K. North Sea.Recent work includes pipeline and structure inspections for Centrica Storage, Chrysaor, Dana, Petrofac, Premier, Repsol and Spirit Energy…
New North Sea, Baltic Sea pipeline adds to Norway’s $20.5 billion 2019 spendNorway — that most capital-intensive of oil provinces — will see investments offshore increase by $2.34 billion in 2019, after a year that saw seven oilfield projects…
The new floating production unit currently being constructed for the Mad Dog 2 project in the deepwater Gulf of Mexico will be named Argos, U.K. oil major BP announced.BP said the name was chosen by the project team and an employee survey and…
Petrofac’s Engineering and Production Services (EPS) business has secured a Condition Monitoring contract renewal from TAQA in the U.K. following competitive tender.Under the terms of the three-year agreement, Petrofac’s Condition Monitoring team will provide onshore and offshore vibration analyses…
Global integrated subsea services business Kreuz Subsea has appointed Knut Eriksen as the board’s first independent nonexecutive director. Eriksen, who took up the advisory position on December 1, will support the business on a strategic level and help to identify future growth opportunities…