Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…
Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…
Following almost two decades of negotiation, Russia and China have agreed a deal to supply 38 billion cubic meters (bcm) per annum of gas from Gazprom's East Siberian fields into China via the Power of Siberia pipeline. Details on pricing…
A McDermott International, Inc. subsidiary has signed a lease agreement with the Mississippi Development Authority and the Mississippi State Port Authority for the exclusive right to operate a spoolbase and marine operations base in the Port of Gulfport…
Siemens Energy has received an order to deliver customized direct electrical heating (DEH) power supply systems for ten subsea flow lines, with an option for two additional systems. The customer is BP Exploration and all the systems are…
Saipem has been awarded a $US554 million contract to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline in the Black Sea. According to Saipem, the contract includes engineering…
Tonbridge based independent subsea engineering firm Jee Ltd. won a seven-year EPCI contract for work offshore Newfoundland and Labrador, Canada. The client is unnamed. The contract’s scope encompasses the project’s offshore loading system (OLS)…
FoundOcean, Inc. and Delta SubSea LLC signed a strategic agreement today to provide subsea grouting and scour remediation services in waters off Trinidad and Tobago, and Venezuela. The two companies bring complementary services to the table…
Netherlands-based Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation…
Noble Energy and EMAS have signed a letter of agreement (LOA) for installation work on Noble's Gunflint project in the US Gulf of Mexico. The agreement calls for EMAS’ Subsea Services division, EMAS AMC, to perform the offshore installation of pipelines…
The Kashagan oilfield development in Kazakhstan may be delayed to restart if testing next month reveals that cracks remain in the offshore portion of its pipeline. According to the North Caspian Operating Company (NCOC) sulphur-stress cracking “is the root cause of the pipeline issues…
Subsea 7 has designed, fabricated and installed more than 70 unique pipeline bundle solutions over the last 30 years. Here, the company provides an in-depth look at installing pipeline systems.
Viper Subsea has signed a joint industry project (JIP) agreement with energy giants BP and Total to further develop its Subsea Line Insulation Monitoring (V-SLIM) technology for identifying and locating cable and connector faults in remote subsea electrical distribution systems…
Weatherford International Ltd. and Baker Hughes Incorporated have signed an agreement for the sale of Weatherford’s pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of US$250 million, including…
McDermott International Inc. recently mobilized its dive support vessel (DSV) Thebaud Sea for an emergency pipeline repair offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast tracked to an emergency response…
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