Certification and technical services firm ABS and South Korean shipbuilder Samsung Heavy Industries (SHI) has concluded a joint development project (JDP) for a new tension leg platform (TLP) design. The new TLP hull concept, the Samsung Enhanced hull for Tendon (SET) TLP…
Subsea 7 has been awarded a substantial contract on the BP-operated deepwater Atoll field offshore Egypt. Atoll, a 1.5 Tcf and 31 MMbbl condensate field, in 900m water depth in the North Damietta Offshore Concession in the East Nile Delta…
Royal IHC has signed a new contract for the engineering, procurement and construction (EPC) of a tandem mooring and offloading system for a floating, storage and offloading (FSO) vessel. Image from Royal IHC…
Kvaerner can deliver such projects at a cost which is attractive even with oil prices at levels around US$50/bbl, but the timing of new projects remains uncertain, says Norwegian engineering and fabrication group Kvaerner. The firm,…
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for the Petronas NC3 gas field, located in Block SK316, 200km north of Bintulu, Sarawak in Malaysia. Trelleborg provided PAPE Engineering…
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive oil from the North Sea Johan Sverdrup field. The contract, valued at about US$42.5 million (NOK 350 million)…
Maersk Oil has awarded a long-term contract to Lloyd's Register (LR) for a comprehensive suite of asset integrity services to support the development of Maersk Oil’s offshore operations in an efficient, safe and environmentally responsible manner…
The 2MW SR2000 tidal turbine, developed and manufactured by Scottish engineering company Scotrenewables Tidal Power, has been installed on its moorings for the first time at the European Marine Energy Centre (EMEC), Orkney as part of site commissioning and testing…
Saudi Aramco's offshore projects department has awarded a long-term agreement (LTA) to National Petroleum Construction Co. (NPCC) of Abu Dhabi for the execution of its offshore development program. It is the fifth LTA awarded by Saudi Aramco…
Optime Subsea Services, subsea technology company, will merge with engineering house Telemark Technologies to fast-track its subsea installation solution. Telemark Technologies is a supplier of pressurized vessel systems for testing operations of subsea…
DEA has awarded the engineering, procurement, construction and installation contract for the smaller structures and pipelines as well as the subsea installation work of the Dvalin development offshore Norway to Technip. The contract includes the fabrication of smaller structures…
Aker Solutions and MAN Diesel & Turbo say they expect to cut the size and weight of subsea compression systems by at least 50%, just a year after the first such system successfully went on stream at Statoil’s Åsgard field. Image: Before and after…
Sevan Marine CEO Carl Lieungh will step down from the company, effective 1 January 2017. The company's board of directors has appointed current CFO, Reese McNeel, as the new CEO. He will carry out both functions in parallel, the firm said in a statement today (10 October)…
Without higher oil prices, many new projects are thought to be uneconomic. Or are they? Douglas-Westwood recently reviewed more than 250 upstream capital projects sanctioned in the last four years to assess how industry costs are moving…
Rosenberg WorleyParsons has been awarded a contract with Subsea 7 for the fabrication of subsea structures and pipes for Wintershall’s flagship development in Norway. This is the second in a series of deliveries for Rosenberg to Subsea 7 and Maria project…