E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments. As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…
Pemex awarded Subsea 7's Mexican joint venture its second contract for work at the Line 67 Project in the Bay of Campeche, the E&C services company announced on 14 May 2013. The contract's value is estimated at US$90 million. The scope of work includes the engineering…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
In his State of the Union speech, President Obama cited America's aging energy, oil & gas and petrochemical infrastructure as cause for concern and that steps should be taken to fix issues before breakdowns occur. Failures and unplanned downtime become an increasing possibility as refineries…
Tata Steel will demonstrate its ability to deliver pipeline solutions to some of the world’s most challenging and complex projects at this year’s Offshore Technology Conference (OTC) in Houston May 6-9 2013. As global demand for key…
Subsea 7, a global leader in seabed-to-surface engineering, construction and services, will be exhibiting its innovative technologies and why it is the technology partner of choice for many in the offshore energy industry, at OTC 2013 from 6 to 9 May in Houston…
Saipem has been awarded new E&C Offshore contracts in Latin America with a total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project…
Russia-based OMK held a ribbon-cutting ceremony to open its new pipe-manufacturing facility, which sits on 75 acres in Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG), especially by strong demand in North America’s shale plays.
Exploration is expanding from West Africa’s Sierra Leone to Namibia, explains Bruce Nichols, led by sustained high oil prices, improving technology, relative political stability and a more supportive operating environment. Cobalt’s potentially…
A new tapered-stress joint is under development by UK-based pipe design and manufacturing firm Magma Global. The company is working alongside major oil companies Chevron, ExxonMobil, Shell, Statoil, and Petrobras, to develop the joint using Magma’s m-pipe technology…
Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Rune Haddeland…
Technip was awarded by Total E&P Congo a major (more than $500million) lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project.This project is…
Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi.The US$500 million competitively…
Tenaris renewed a long-term supply deal with Brazil’s Petrobras last month. Under the agreement, Tenaris will supply large diameter casing pipes with TenarisHydril Wedge Series 500 premium connections and other products until 2017.
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