Keppel Offshore & Marine, through its subsidiaries, has inked new contracts froom Petrobras and SOFEC, worth in total about US$96.22 (S$130 million). Keppel Shipyard's contract from SOFEC is for the fabrication of a turret mooring…
Norwegian geoscience frim Spectrum has started a 2D seismic survey offshore Mozambique, in partnership with WesternGeco, for the country's Institute of National Petroleum (INP) ahead of future licensing rounds. The seismic survey will cover up to 19…
A new report by analyst firm Rystad shows that Norway is leading the comeback after a sanctioning drought in the offshore industry in 2015 and 2016. Johan Castberg. Illustration from Statoil. Recent…
Elaine Maslin looks at some of the ongoing and proposed FLNG projects around the globe (First published in the December 2017 OE, access the full issue here). West Africa has seen a good amount of floating LNG project activity this year with three developments underway…
Texas-based supermajor ExxonMobil has completed the acquisition of a 25% interest in Mozambique’s gas-rich Area 4 block from Italian explorer Eni and will assume responsibility for midstream operations, the company announced today (13 December)…
The performance of the world’s first floating LNG projects, which are moving from execute to operate, will form the shape of the industry to come. Elaine Maslin reports (First published in the December 2017 OE, access the full issue here)…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
CGG has signed a multi-client data agreement with Mozambique’s Instituto Nacional de Petroleo (INP) covering up to 40,000sq km of 3D data over the Beira High in the Zambezi Delta, over blocks Z5-C and Z5-D and surrounding open acreage. Deliverables will include fast-track PreSTM…
Anadarko Petroleum reported today (4 October) that it has consolidated its leadership structure to align with the company’s narrower focus on its business. Mitch Ingram, formerly EVP, Global LNG, has been named EVP, International & Deepwater Operations and Project Management…
Anadarko Petroleum has finalized two agreements with Mozambique's Government, paving the way for its LNG project offshore the east African country. The 'marine concessions' agreements allow Anadarko to design, build and operate the marine facilities for Offshore Area 1 LNG project…
Baker Hughes, a GE company (BHGE), has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique. The contract was awarded by a joint venture formed by TechnipFMC and JGC Corporation…
Offshore structures for multiple uses were investigated by Mirco Busetto, head of basic design Offshore Business Unit, Fincantieri, at this year’s Offshore Mediterranean Conference (OMC) in Ravenna, Italy. Elaine Maslin reports. A…
SOFEC, a MODEC Group company, has been awarded the turret mooring system supply contract for Eni's Coral South Project. The contract was awarded by TechnipFMC and JGC Corp. joint venture is is for the engineering, procurement and construction…
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