Offshore Regions News - page 1480

 

Bibby Subsea taking delivery of Olympic Ares

Dec 11, 2014

Bibby Subsea will take delivery of its multi-functional subsea construction support vessel (CSV), the Olympic Ares, this month. The Olympic Ares. From Bibby Offshore.   The 115m CSV…

Nexans umbilicals installed at Jack/St. Malo

Dec 11, 2014

Nexans' power umbilicals that integrate HV power supply and umbilical functions within a single cable cross-section were installed for the Chevron-operated Jack/St. Malo gas fields in the Gulf of Mexico. From Nexans…

Wood Group wins $750m BP contract

Dec 11, 2014

Wood Group PSN (WGPSN) has been awarded a five year contract worth about $750million by BP for engineering, procurement and construction services on six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth…

SBM to cut 1200 jobs

Dec 11, 2014

Floating production and mooring specialists SBM Offshore is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning.  SBM said: 'In light of market conditions and in order to optimize the company's cost base…

EPSI makes bid for Rocksource

Dec 11, 2014

Private equity back exploration outfit EPSI has made a NOK6/share offer for the remaining shares of Norwegian exploration firm Rocksource, valuing the firm at US$82 million.  EPSI, a HitecVision VII investment, initially increased its holding in Rocksource to 33…

EMGS extends EM Leader contract

Dec 10, 2014

EMGS and Seatrans signed an extended charter agreement for the EM Leader vessel. From EMGS.   EMGS will charter the vessel for two years and has two options for a one-year extension…

Hornsea Project One gets consent

Dec 10, 2014

The UK government gave consent for the Hornsea Project One offshore Yorkshire. Project One will be made up of three offshore wind farms with a maximum capacity of 1200MW and covers a 407km area located 64 mi. off the Yorkshire coast. Once built…

AVEVA gets Martin Linge work

Dec 10, 2014

Total E&P Norge selected AVEVA to supply an asset visualization and information management solution for the Martin Linge on the Norwegian continental shelf (NCS).  The Martin Linge. From Total.   Built on the AVEVA NET software…

CNOOC, KUFPEC sign three PSCs

Dec 10, 2014

China National Offshore Oil Corp. (CNOOC) and Kuwait Foreign Petroleum Exploration Co. (KUFPEC) signed three production sharing contracts (PSC) for Blocks 52/22, 52/26, and 63/13 located in the Yinggehai basin, in the South China Sea. According to the terms of the PSCs…

BP’s upstream strategy revealed

Dec 10, 2014

BP unveiled its long-term strategy and how it’s managing the company’s upstream business in a presentation to investors, including reducing capital spending by US$1-2 billion across the group, which could incur $1 billion in restructuring charges over the next five quarters…

Tendeka wins Statoil contract for sand screens with ICDs

Dec 10, 2014

Tendeka has secured a four-year contract extension with Statoil for the supply of sand-face completion equipment for the Troll field, as well as other fields under Statoil’s operation in the Norwegian Continental Shelf (NCS). The agreement will see Tendeka install up to 40…

Maersk spuds Xana off Denmark

Dec 09, 2014

Maersk Oil spudded the Xana (Gita South) exploration well in license 9/95 on the Danish continental shelf, according to partner Norwegian Energy Company ASA (Noreco). The well is being drilled by the Noble Sam Turner jackup. The main target is upper Jurassic sandstones…

Total restructures E&P branch

Dec 09, 2014

Total is changing things up by restructuring its exploration and production branch into five geographical divisions, an exploration division and five functional divisions. Image from Total.   Changes…

Schneider Electric, EPD partner for US IEC equipment production

Dec 09, 2014

Schneider Electric and Electronic Power Design (EPD) are creating a partnership to produce Schneider Electric IEC equipment in the United States. Through this partnership, Schneider Electric will manufacture Okkenglobal products in the US for the first time…

N’Goma sailaway

Dec 09, 2014

Watch as Eni shows the journey of the N’Goma FPSO as it sails away from Singapore and arrives at the Paenal yard for module lifting. SBM Offshore discussed the makings of its Paenal Shipyard in OE's October 2014 issue. The vessel…

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