Franco-American oil services firm TechnipFMC Plc is putting on hold plans to split itself into two due to turbulence in financial markets linked to the coronavirus outbreak, it said on Sunday.The group, created three years ago via the merger of Technip and FMC…
Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations.Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field…
UK oil and gas operator Repsol Sinopec has filed a draft decommissioning plan for subsea infrastructure at Buchan & Hannay fields in the North Sea.The Buchan Alpha Floating Production Unit (FPU) ‘off station’ activities were completed in August 2017 with the sailaway of the platform…
Australian oil and gas operator Santos is planning to carry out an offshore survey in preparation for the proposed Yoorn-1 drilling in the offshore block WA-499-P, in W. Australia.According to an application filed this week, as part of the drilling preparatory work…
London-listed oil and gas company Cairn Energy has provided an update of its operations including the progressing of the Sangomar Field Development offshore Senegal despite the having yet to attract the necessary funding for its share of the costs…
Offshore drilling contractor Valaris has informed that one of its drillships has been involved in an incident that included the accidental dropping of a Blowout Preventer Stack to the seafloor of Angola. The incident might cost the company the drilling contract…
Tailwind Energy, an oil and gas venture founded in 2016 and supported by Mercuria and Petrofac, said that it is working towards committing to development of the Evelyn field located in the UK Central North Sea.The first phase of development will consist of a single well…
Ocean energy solutions innovator Ocean Power Technologies (OPT) said it it is working with joint development partners Modus Seabed Intervention and Saab Seaeye to develop a new solution for carbon-free subsea autonomous underwater vehicle (AUV) residency that would provide long-term…
Oilfield services firm TechnipFMC has said it won a 'significant' integrated engineering, procurement, construction, and installation contract from BP in Angola. For Technip - 'significant' contract is between $75 million and $250 million.Under the contract…
Offshore cable installation specialist Global Offshore has received a contract for cable installation and burial at the Kincardine Floating Offshore Wind Farm for Spanish developer and construction company Grupo Cobra.Global offshore will use the cable installation vessel the Normand Clipper…
Norway's offshore installation company Ocean Installer has won a deal to deliver and install a subsea power cable in China, as part of CNOOC Liuhua 16-2 oil field development in the South China Sea.In what is the company's second contract in China…
The European Investment Bank (EIB) has agreed to lend 250 million euros to the electricity transmission company TenneT for the western section of TenneT’s “Zuidwest 380 kV” project. According to the bank's statement, the project will enable…
London-listed Serica Energy has resumed production from its Bruce platform in the UK sector of the North Sea, following a halt in January.Production was halted on Bruce while engineering work was carried out to secure an unused caisson, which was found to be in a deteriorated condition…
Shearwater GeoServices has won a major Ocean Bottom Seismic deepwater ROV project by TGS and partner in the Gulf of Mexico, USA. This will be Shearwater's first OBS ROV (Remotely Operated Vehicle) survey. Irene Waage Basili, the CEO of Shearwater…
Seismic firm TGS, in partnership with oilfield services giant Schlumberger, has announced the second phase of its ultra-long offset node project in the U.S. Gulf of Mexico.The phase will extend the footprint of ultra-long offset data to the…
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