US based McDermott International announced on Monday it has been awarded a contract from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.The contract…
The Valhall Flank West topsides were installed on the Valhall field on Saturday, 14 months after the first steel was cut at Kvaerner’s yard in Verdal. Both the topsides and the jacket were delivered ahead of schedule, under budget and with no serious injuries…
Operators continue to look for fast returns via subsea tiebacks while vendors look for technical solutions to help unlock more fields for less.A tide is starting to turn on the subsea industry, not least thanks to subsea tiebacks. It’s a theme that’s been underlying the last four years…
Uk headquartered engineering firm Wood said on Monday it has secured a contract from Norwegian energy firm Equinor to deliver front-end engineering design (FEED) services for brownfield modifications to the Grane offshore facility in Norwegian sector of the North Sea…
Delfin LNG LLC asked U.S. federal energy regulators for a three-year and six-month extension until March 28, 2023 to build facilities proposed to connect floating liquefied natural gas (FLNG) vessels off the coast of Louisiana.The U.S. Federal…
New Jersey on Friday selected Denmark's Orsted A/S to develop a 1,100-megawatt wind project off the coast of Atlantic City, the largest ever offshore wind procurement by a U.S. state.Orsted's proposal received unanimous approval at a meeting…
Oceaneering announced on Wednesday it has secured a contract from Anadarko Petroleum Corporation to supply umbilicals, distribution hardware, and aftermarket services for its liquefaction and export terminal project in Mozambique.The multiple…
TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering…
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie…
Allseas’ record-breaking multipurpose heavy-lift and pipelay vessel Pioneering Spirit has completed the single-piece removal of the 25,000-metric-ton Brent Bravo topsides from the UK sector of the North Sea.Completed early Tuesday morning, the operation took approximately four hours…
Luxembourg-headquartered offshore services company Jan De Nul Group scores a hattrick in Taiwan being successfully awarded the Engineering, Procurement, Construction and Installation (EPCI) of both foundations and subsea cables for the Formosa 2 Offshore Wind Farm (OWF)…
Europe’s offshore wind market is growing faster than anyone expected – not least in terms of the components being installed. Could this mean a challenge for the existing installation fleet?While offshore wind is seen by many as a maturing market in Europe…
Norway has approved Equinor's project to boost oil recovery from the Gullfaks field in the North Sea by 17 million barrels, the energy ministry said on Friday.The project, which aims to produce oil from the Shetland/Lista dense lime reservoir located above the field's main reservoir…
Ole Martin Grimsrud has been appointed Chief Financial Officer of Aker Solutions, effective August 1, 2019. He replaces Svein Oskar Stoknes, who is taking over as CFO of Aker on the same day.Grimsrud joined Aker Solutions in 2012 as Vice President…
The global market for offshore wind operation and maintenance (O&M) is expected to grow by 17% annually to €11 billion ($12.4 billion) by 2028, according to new research from Wood Mackenzie Power and Renewables. The largest contributor is Europe…
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