While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
Jon Fredrik Müller and Audun Martinsen, of Rystad Energy, take a look at rising costs and the downturn and share how these two will affect the subsea market going forward. An illustration of the Johan Sverdrup field center…
WFS Technologies (WFS), a provider of underwater wireless instrumentation and control solutions to the offshore oil and gas, and renewables industries, launched the Seatooth PipeLogger Corrosion Monitor. The Seatooth PipeLogger Corrosion…
Subsea 7 inked a contract estimated to be between US$50 million to $150 million with Burullus Gas Co. for the platform extension and tie-in on the first phase of BP's West Nile Delta development of the Taurus and Libra fields, offshore Egypt…
Arctech Helsinki Shipyards, part of United Shipbuilding Corp., held a keel laying ceremony on 17 December for a new icebreaking platform supply vessel ordered by PAO Sovcomflot under a long-term agreement with Sakhalin Energy. The agreement…
ITC Global, a provider of satellite communications to remote and harsh environments, has announced that it has been awarded two multi-million dollar contracts, each spanning three years, to provide remote offshore communications to five floating production…
Delware-based Dleif Drilling has repossessed the Sertão drillship pursuant to an order issued by the Tribunal de Justiça do Estado de São Paulo Comarca de São Paulo Foro Central Cível 35a Vara Cível on 30 September 2015, the company announced on 24 December…
Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term…
Bisso Marine has announced its acquisition of the derrick/pipelay barge Global Iroquois. The 400ft x 100ft x 30ft laybarge has performed pipelay operations worldwide and will be renamed Bisso Iroquois. The central part of the barge’s…
Mexican national oil company Pemex has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at approximately US$20 million and the workscope…
DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…
Schlumberger and Statoil Gulf of Mexico signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase…
A major study is underway to identify new processes and technologies that can be applied to asset integrity challenges in the UK offshore oil and gas industry. Lockheed Martin has been commissioned to conduct a technology landscaping…
AlMansoori Specialized Engineering announced the deployment of the first of two planned production testing and stimulation vessels in the Arabian Gulf. The vessel, MV Al Nisr DP-II, brings with it the capability to offer production testing and well stimulation of the highest level…
Triyards inked a string of contracts worth US$45.5 million. One of the newly minted contracts will see the group construct its scientific research vessel for new client Taiwan Ocean Research Institute, National Applied Research Laboratories (TORI)…