McDermott International announced on Tuesday it has signed a joint venture agreement with the Middle East's largest offshore and marine services provider Zamil Offshore in a move that aims to capitalize on a rising maintenance, modifications and operations (MMO) market in Saudi Arabia…
Neptune Energy said Tuesday it has entered into a global alliance agreement with TechnipFMC for delivering subsea projects.The agreement will run for an initial period of five years with options to extend, and will cover the full project lifecycle from early concept work…
Xodus Group has carried out a concept study and Front End Engineering Design (FEED) project which determined that a North Sea operator will save up to $77.5 million (£59 million) by adopting a Not Normally Attended (NNA) status ahead of decommissioning the field…
Noble Energy and partners will build a pipeline linking Equatorial Guinea's offshore gas fields to an onshore liquefied natural gas (LNG) plant to boost exports, the African nation's government said on Monday.Under a deal with the government…
Oslo-based exploration and production company Mime Petroleum has reached a deal with fellow independent Vår Energi to buy into the Balder, Ringhorne and Ringhorne East fields on the Norwegian continental shelf (NCS), the partners announced Monday…
Offshore engineering and services company Subsea 7 revealed it has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI)…
While the blue economy and renewables loomed large on today’s agenda at the Offshore Mediterranean Conference (OMC) in Ravenna, Italy, moves toward extending exploration into underexplored Greece, as well as technologies to enable more fields to be produced as subsea tiebacks…
Engineering, construction and services company Subsea 7 announced on Friday it has been awarded a contract by Shell for the Arran gas field development, located approximately 240 kilometers east of Aberdeen in the UK North Sea.Subsea 7 said…
Neptune Energy said on Thursday it has agreed with partners BP and Japex on a final investment decision (FID) for the Seagull oil and gas field in the UK North Sea.Neptune, which acquired its 35% interest in Seagull from Apache in 2018, operates the field…
Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.The block's Pecan field, located about 115 kilometers off the West African country in ultra-deep waters ranging from 2…
The topside of the offshore substation at the Albatros wind farm offshore Germany was installed Tuesday evening, developer EnBW said.The heavy-lift jack-up vessel (HLJV) Pacific Ospray had loaded the topside in Rotterda, and once in the construction area…
Lundin Petroleum on Wednesday announced its plans to develop the Solveig oilfield, formerly known as Luno II, offshore Norway, with startup planned in 2021.The Solveig oil discovery in PL359, is located in the Norwegian sector of the North Sea…
International offshore services provider Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multi-purpose vessels for a combined period of approximately 400 days…
Saudi Aramco on Tuesday signed a land lease agreement with McDermott Arabia Company to establish a facility for large scale fabrication of offshore platforms and onshore/offshore modules located within the King Salman International Complex for Maritime Industries in Ras Al-Khair…
A new cooperation agreement between Australia's space agency and the country's largest natural gas producer aims to promote technology transfer between the space sector and the oil and gas industry.A statement of strategic intent and cooperation agreement signed in Perth by Dr…
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