Engineering firm Wood Group has since its revenues slide 20% to US$3 billion as it suffers from the reduction in activity in the oil and gas sector caused by operators tightening their belts amid low oil prices. The firm, which has reduced its headcount 13% since December…
COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…
BP and Emerson have signed a global agreement for Emerson Process Management to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies…
Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current market conditions is expected to be slow…
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do (Red Emperor in Vietnamese) field offshore Vietnam; estimated to contain around 67 MMboe. Wood…
Norwegian offshore player Egersund Group recently set a new oil spill recovery record when its newly developed Marine Oil Spill (MOS) Sweeper system managed to recover 96.4% of oil released in a North Sea exercise. Image…
Dubai-based fabrication and engineering firm Lamprell's CEO James Moffat (pictured) is to retire 30 June 2016. Lamprell says a search to find his successor is under way. Moffat joined Lamprell in 2013, at a time when it had been under financial strain…
Image: Phyllis Mitchell/Borets Borets, provider of the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, announced that Phyllis Mitchell has been named vice president of human resources and Kent C…
Trendsetter Engineering has completed work on a containment toolkit that can be deployed to minimize the environmental impact of a subsea well incident. This follows their delivery of four subsea well capping stacks, designed to shut in an uncontrolled subsea well…
Subsea connector specialist First Subsea, has successfully completed the installation of bend stiffener connections for gas lift and production risers, power cables and umbilicals, for the Goliat FPSO. Operated by ENI Norge, the…
InterMoor provided Anadarko Petroleum Corp. with rapid hook-up services for their Heidelberg truss spar in the deepwater Gulf of Mexico after stepping in at short notice for another contractor. The company hooked up the 80,000 b/d spar to three mooring lines in Green Canyon block 860…
Safe Marine Transfer (SMT), under an initiative to develop a “Deepwater Permanent Subsea Pressure Compensated Chemical Storage and Injection System” has awarded OceanWorks a contract for a substantial engineering effort to define, engineer and quantify the equipment required…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured a floating production storage and offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about US$89 million (S$125 million)…
Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico’s Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering…
Image from Aqualis Offshore Aqualis Offshore has been awarded a contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats…
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