Offshore Engineer Industry News News - page 743

 

Talos Making Moves in the Gulf of Mexico

Sep 19, 2019

Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

Oceaneering Wins Umbilicals Job Off India

Sep 18, 2019

Subsea engineering company Oceaneering announced that it it was awarded contracts by Baker Hughes (BHGE) to supply subsea umbilical control systems for Oil and Natural Gas Corp. of India's (ONGC) deepwater field development in the Bay of Bengal…

PGS Selects Google Cloud

Sep 17, 2019

Marine seismic surveyor PGS announced it has selected Google as its preferred cloud provider.By harnessing Google’s cloud-based technologies and incorporating artificial intelligence and machine learning capabilities into workflows, PGS will increase flexibility…

Deep Down Taps Simmons as COO

Sep 17, 2019

Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…

Campeche Survey Underway

Sep 17, 2019

A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…

Saudi Aramco Pursues IPO Planning Despite Attack

Sep 17, 2019

Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilitiesReuters has reported it could take months for Aramco…

Schlumberger, Chevron and Microsoft Partner

Sep 17, 2019

Oilfield services company Schlumberger said it has formed a partnership with supermajor Chevron and technology giant Microsoft to accelerate creation of innovative petrotechnical and digital technologies. The firms say they will work together…

ABS, Keppel to Build Smart Rigs

Sep 17, 2019

In an Industry first, the provider of classification services to the offshore industry ABS partnered with Keppel Offshore & Marine (Keppel O&M) in developing the first two new build Drilling Rigs with Smart Notations.One of the rigs, which was delivered earlier this year for work in offshore Mexico…

Norway Mulls Blocking Prosafe's Floatel Acquisition

Sep 16, 2019

The Norwegian Competition Authority is considering blocking Prosafe's acquisition of its competitor Floatel International Ltd on the grounds that the combined firm would dominate its market, it said on Monday.The two companies are the only providers…

Connector Subsea Solutions Acquires MORGRIP

Sep 16, 2019

Connector Subsea Solutions (CSS), headquartered in Bergen, Norway, said it has signed an agreement to acquire Hydratight’s MORGRIP Connector business in Walsall, UK.The MORGRIP Connector business will become an integral part of CSS’ extensive…

Kvaerner Eyes FPSO, Renewables Growth

Sep 16, 2019

Norwegian engineering and construction services company Kvaerner said it will ramp up its focus on floating production and renewables projects in an effort to achieve 40% growth within two years.Going forward, Kvaerner will expand operations…

Pharis Mulls Steam Flooding at Pilot Field

Sep 12, 2019

Engineering consultancy Crondall Energy said it has been awarded a contract by Pharis Energy to deliver a concept select study for the operator’s heavy oil Pilot field development in the Central North Sea.According to a statement issued today by Crondall Energy…

Tidewater Converting OSV to Hybrid Power

Sep 12, 2019

KONGSBERG has been contracted to deliver hybrid power solution for the Tidewater Marine offshore supply vessel (OSV), Bailey Tide.As a single supplier under the terms of the contract, KONGSBERG said it will deliver and install a K-Pos DP (Dynamic Positioning)…

Neptune to be Ready for IPO by April 2020

Sep 12, 2019

Private-equity backed oil and gas firm Neptune Energy plans to be ready for an initial public offering by April next year, Chief Financial Officer Armand Lumens said on Thursday.Neptune, backed by the Carlyle Group and CVC Capital partners and headed by former Centrica boss Sam Laidlaw…

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