Italian oilfield services firm Saipem announced Friday it has secured approximately $1.7 billion in new and extended drilling contracts for its offshore and onshore divisions.The offshore drilling contracts relate to activities to be executed in Norway and in Angola…
Wintershall Dea has drilled a dry exploration well in the Norwegian Sea.The German company's Norwegian subsidiary Wintershall Dea Norge drilled the wildcat well 6604/6-1 in the production license 894, around 105 kilometers southwest of Equinor's Aasta Hansteen field…
Italian offshore services company Saipem said it has secured two new contracts for work related to offshore wind development projects in Scotland and Taiwan.The two contracts, worth approximately €750 million ($826.4 million) combined, represents…
Italian oilfield services firm Saipem said it has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara development project located in the Stabroek block offshore Guyana at a water depth of around 2…
Services firm Saipem is considering a merger with rival Subsea 7 in an effort to weather the prolonged industry downturn, Bloomberg reported, citing unnamed sources said to have knowledge of the matter.Commenting on unconfirmed reports, Audun Martinsen…
Norwegian offshore vessel owner Solstad Offshore has secured contract awards and extensions for four platform supply vessels (PSV) in the Middle East and Mediterranean regions, as well as an extension for a construction support vessel (CSV)…
French utility EDF Group announced that its subsidiary EDF Renewables has launched the construction of the Scottish Neart na Gaoithe (NnG) offshore wind farm project along with the new partners, the Irish electricity company Electricity Supply Board (ESB)…
Italian oil service group Saipem is pressing ahead with plans to find a partner for its drilling unit to focus on its core business of building offshore installations and pipelines, the company's chief said on Thursday.Saipem makes most of its…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 6604/6-1, located in the Norwegian Sea.Wintershall Dea Norge has made a minor oil discovery in the the Scarabeo 8 drilling facility…
One of the world's largest crane vessels has set a new local heavy lift record of 11,100t for the Gulf of Mexico.The record lift, performed by the Saipem 7000 on October 7, took place during the installation of a gas compression module for the…
Equatorial Guinea has awarded a $90-$100 million contract to build a 70 km subsea pipeline linking the Noble Energy operated Alen Unit to the country's Punta Europa petrochemical hub to Italian firm Saipem , the oil ministry said on Thursday…
Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…
Heavyweight oilfield service providers like Saipem and Baker Hughes are moving past just oil and gas projects and embracing more renewable energy projects going forward.In 2014, non-upstream oil and gas activities accounted for 22% of revenues among service suppliers…
It’s long been a vision to have underwater vehicles able to support subsea operations without reliance on a surface vessel. We’re closer to this vision than ever before, but what’s new that wasn’t in place before to make this happen?Earlier…
Following the award of the Engineering, Procurement, Construction and Installation (EPCI) of the foundations and subsea cables for the Formosa 2 Offshore Wind Farm (OWF) in May 2019, Jan De Nul Group is on track with all project preparations…
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