Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…
Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The order entails delivery of a total of more than 40km of subsea umbilicals. 'By combining…
SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and offloading (FPSO) vessel. The Norwegian Barents Sea project will tap an…
Aker Solutions says it has won a >US$200 million (NOK 1.6 billion) order to deliver the largest umbilicals system ever - without naming the client or project. The contract is for the delivery of 250km of steel-tube umbilicals linking a subsea development to an existing offshore platform…
Aker Solutions has won a contract from Statoil for front-end engineering and design of a new module to increase output at Troll, one of Norway's largest natural gas fields. The order includes an option for engineering, procurement, construction and installation of the module…
Aker Solutions (stand 5C100) is launching its MultiBooster, a new, up to 6MW subsea multiphase pump to help operators maximize production from existing oil and gas fields, at SPE Offshore Europe this week. Aker Solutions says the now qualified…
Norwegian investment firm Akastor and Japan's Mitsui have entered into a memorandum of understanding which could see the Japanese firm, together with potential partners, invest in oilfield services firm AKOFS Offshore. The move could…
Aker Solutions secured a framework agreement from Shell to provide brownfield modifications services and maintenance support for the Nyhamna and Draugen facilities in Norway. The agreement has a fixed period of four years and may be extended by up to seven years…
Aker Solutions secured a front-end engineering and design contract from Nexen Petroleum UK for a second phase development of the UK’s highest producing oil field. The study on the Buzzard field development includes the design of the subsea manifolds and pipelines…
With a need to find more cost-effective solutions, for more complex systems, converging with the big data era, could it be time for the all-electric subsea system? Elaine Maslin reports. Daniel Abicht…
Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to the Aasta Hansteen development…
Aker Solutions has won a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development. The work scope includes three steel tube umbilicals that will total more…
If one thing is certain, it’s that oil prices fall, rise, and then fall again and that the dynamics driving prices are complex and will change faster than we might expect. Image from UTC Twitter…
Aker Solutions has agreed to acquire oil-services provider Reinertsen for nearly US$25million in a move to build on its position as a leading maintenance and modifications supplier offshore Norway. Image from Aker Solutions…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…