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BP Plans Maintenance Shutdowns in Azerbaijan

Dec 18, 2019

British oil major BP plans to close down two of its oil and gas platforms in Azerbaijan for planned maintenance, BP's regional vice president told Reuters on Wednesday.Bakhtiyar Aslanbayli, BP's vice president for Azerbaijan, Georgia and Turkey…

DNV GL, DNO Pact on North Sea

Dec 17, 2019

The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…

Petrofac Expecting Full-year Revenue Dip

Dec 17, 2019

Oilfield services provider Petrofac Ltd guided to a more than 5% fall in full-year revenue on Tuesday, with delays in bidding processes constricting order intake in its biggest segment during the second half.Petrofac, which designs, builds and operates oil and gas facilities…

Vår Aims to Recover 136 Mln BOE from Balder

Dec 17, 2019

Oil firm Vår Energi, majority owned by Italy's Eni, aims to recover 136 million barrels of oil equivalent (boe) from the Balder area off Norway, the company said on Tuesday, as it presented a redevelopment plan for the field.The 19.6 billion crown ($2…

N-Sea Reports Sales Uptick

Dec 17, 2019

Subsea services firm N-Sea said increased sales in 2019 has led the Netherlands-based company to report a record year.The company said its commercial growth from bases in Aberdeen, the Netherlands and the Middle East has been spurred by the completion of more than 1…

James Fisher Wins EA1 O&M Gig

Dec 17, 2019

James Fisher Marine Services (JFMS), provider of marine engineering services, has been awarded scheduled maintenance contract on one of the leading offshore wind farms of the future.The specialist in services to the marine, oil and gas said that as per contract…

Vår to Present $2.1 Bln Field Redevelopment Plan

Dec 16, 2019

Vår Energi, majority owned by Italy's Eni, will on Tuesday present a plan for how to redevelop its Balder and Ringhorne fields in the North Sea, extending their output, the Norwegian energy ministry said on Monday.Overall investments in the…

£10 billion+ Offshore Wind Decommissioning Bill

Dec 16, 2019

The UK’s offshore wind industry will need to lean on oil and gas expertise to help decommission wind farms as more than 3 gigawatts (GW) of offshore wind power reaches the end of its design life by 2034, an industry decommissioning conference heard in November…

Keppel Delivers Jackup Rig to Grupo R

Dec 13, 2019

Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary Keppel FELS Limited (Keppel FELS) has delivered the KFELS B Class jackup rig, Cantarell III, to a wholly-owned subsidiary of Grupo R.As part of the deal, Grupo R has…

OneSubsea to Supply 20K SPS for Chevron's Anchor

Dec 12, 2019

Oilfield services company Schlumberger announced Thursday that its subsea arm has received a contract from Chevron to provide an integrated subsea production and multiphase boosting system for the deepwater Anchor field in the US Gulf of Mexico…

Petrofac Lines Up North Sea Engineering Work

Dec 12, 2019

Services firm Petrofac said it has secured two new framework agreements (FA) for the provision of engineering, procurement, construction and commissioning (EPCC) services in the North Sea.The first, a three-year FA awarded by EnQuest as part of a multi-contractor framework…

Chevron Hits Go on Anchor

Dec 12, 2019

US supermajor Chevron announced Thursday it will move ahead with the high-profile Anchor project in the U.S. Gulf of Mexico, targeting first oil production in 2024.The $5.7 billion deepwater project is the first ultra-high pressure development to reach a final investment decision (FID)…

Aker Solutions, Subsea 7 Win Ærfugl Subsea Scope

Dec 12, 2019

Aker BP has tapped Aker Solutions and Subsea 7 to deliver and install subsea infrastructure for the second phase of the Ærfugl development offshore Norway.The Aker BP operated Ærfugl development is a subsea project being developed in two phases…

Wood Tallies Hywind Tampen Contract

Dec 11, 2019

Engineering firm Wood announced on Wednesday that it has been awarded a contract by Norwegian energy group Equinor to deliver modifications to a pair of offshore platforms in the Norwegian North Sea that will be connected to electric power from floating wind turbines…

BP Awards Cypre FEED to Aker Solutions

Dec 10, 2019

Aker Solutions said it has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.The contract will see Aker Solutions deliver front-end engineering and design (FEED) for the first platform in a potential…

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