Falling oil prices and the Covid-19 effects have forced oil and gas companies to cut their spending wherever possible, leading to, as a consequence, to delays with planned UK North Sea decommissioning programs, with a 30 percent drop in decom expenditure expected in 2020…
ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Energy services company AGR has started decommissioning operations of Ireland’s first indigenous gas wells in the Kinsale Area in the Celtic Sea, on behalf of PSE Kinsale Energy.To remind, Kinsale Energy, a subsidiary of Petronas, in July said…
Malaysia's Sapura Energy has, via its engineering & construction and drilling subsidiaries, recently won contracts worth RM611 million (around 148,4 million).Sapura Energy Berhad (“Sapura Energy' or the “Company”) is pleased to announce that…
Houston-based engineering giant KBR has said that its joint venture with the Azeri oil firm SOCAR, which is working on the engineering design phase of the Azeri Central East (ACE) platform, is now nearing completion of its workscope.The $6 billion…
Ocean transportation services company Dship Carriers has said it has transported a 750-metric-ton Pile Installation Frame (PIF), measuring 33.5 x 33.5 x 29 meters, as well as other offshore and seabed equipment from Rotterdam, the Netherlands to An Ping…
Offshore engineering and construction firm McDermott has won a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development, off Australia.The contract is for a booster compression module FEED with optional engineering…
Canada on Thursday announced one of its largest-ever investments in tidal energy — $28.5 million to Sustainable Marine in Nova Scotia to deliver Canada's first floating tidal energy array.Sustainable Marine has developed a floating tidal energy…
Offshore lifting hoists and chains solutions provider William Hackett has published an industry report aiming to help minimize the risk of Hydrogen Embrittlement (HE) and Stress Induced Corrosion Cracking (SICC). The report includes guidance on material choices used in topside and subsea lifts…
Longitude, the engineering and design branch of LOC Group, has appointed James Sugden as head of the Marine Systems Engineering team.Longitude said the appointment expands the company’s expertise in the design and engineering of marine systems on ships…
Offshore rig builder Lamprell has won an engineering design services contract with Saudi Arabia's International Maritime Industries (IMI).Lamprell said the work would form an integral part of IMI's 2030 new build rig program; supporting the…
Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…
A unique double rotor floating wind turbine concept has earned a statement of feasibility from classification and certification body DNV GL.This statement, based on DNV GL’s technology qualification services, confirms that the nezzy² floater is designed to state-of-the-art safety…
Tyra – Denmark’s largest gas and condensate field and main gas processing hub – was, a few years ago, on the verge of being decommissioned, which would have, according to reports back then, wiped out thousands of jobs.The field located 225km west of Esbjerg…
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