Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
ENI Ghana Exploration and Production awarded the Oceaneering International and GE Oil & Gas-led consortium a contract to supply equipment for the Offshore Cape Three Points (OCTP) block project development located off the coast of West Africa…
Adapting to current cost conscious market conditions was the recurring theme of the Aker companies'* open day for investors last week (17 March). Edvard Grieg at Stord yard. Photo from Kvaerner. It…
Subsea firms FMC Technologies and Technip are forming an exclusive alliance and launching Forsys Subsea, a new 50/50 joint venture. The firms say the alliance will 'redefine the way subsea fields are designed, delivered and maintained'…
Royal Boskalis Westminster N.V. (Boskalis) increased its stake in Fugro to 25.1%, just four months after acquiring 14.8% in the company. Image from Boskalis. In a statement, Boskalis…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
BP finally has filed – and won approval for – its long-awaited revised Mad Dog 2 development plan, records at the US Bureau of Ocean Energy Management show. The new plan calls for a 140,000 b/d semisubmersible floating production platform in 4440ft of water in Green Canyon block 780…
OE is attending the Offshore Mediterranean Conference (OMC) in Ravenna next week. The event, of which OE is a media sponsor, is expected to be bigger than ever, with floor space increased 30% from 20,000sq m to 25,000sq m. More than 14…
EnQuest’s Alma/Galia development floating production vessel the EnQuest Producer has left its berth in Newcastle, northern England, where it was undergoing finishing and commissioning works, and has completed marine trials. The 249m-long unit…
The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
UTEC awarded Sonardyne International Ltd. a multi-million dollar contract to supply Fusion 6G acoustic positioning technology for the Total-operated Moho Nord subsea project, offshore West Africa. Technip’s rigid pipe S-lay and heavy-lift construction vessel…
Dana Petroleum awarded Balmoral Offshore Engineering a contract to design and manufacture key components for a pioneering mooring system to be used on its Western Isles project in the challenging northern sector of the North Sea. Image…
J2 Subsea launched an Xbox 360 wireless controller for a field-proven intelligent valve pack (iVP). The software and controller were developed by J2 with Fathom Systems, which provides engineering solutions and products to the underwater engineering industry…
First production has started from the BG Group-operated Knarr field in the Norwegian sector of the North Sea. Knarr, discovered in 2008, with estimated gross recoverable reserves around 80 MMboe, is being produced from two subsea templates…
GE Oil & Gas announced the booking of an US$850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. The OCTP block is located in offshore Ghana at a water depth of 500-1100 meters…
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