Norske Shell, the Norwegian subsidiary of Royal Dutch Shell, announced it has decided to go with subsea compression as a concept for the Ormen Lange Phase 3 to increase the recovery rate from the reservoir.'This is an important choice, where we have evaluated a number of alternative concepts…
Houston based Helix Energy Solutions Group is slated to perform plug and abandonment operations (P&A) work in the Gulf of Mexico following a recent agreement with Marathon Oil.The services company announced Monday that it acquired from Marathon…
Italian services company Saipem announced Friday it has been awarded two engineering, procurement, installation and construction EPIC contracts from Saudi Arabian national oil company Saudi Aramco as part of the long term agreement for offshore activities in Saudi Arabia…
Shell will develop the third phase of its giant Norwegian gas field Ormen Lange with a subsea compression system, the oil major said in a statement on Friday.The company will either choose Schlumberger's Onesubsea or TechnipFMC to do the work…
Well control and engineering services company Wild Well Control announced it is expanding its Montrose facility at South Ferryden, U.K.Wild Well, a Superior Energy Services company, maintains its WellCONTAINED subsea containment system at Montrose Port…
New technology for offshore steam-flooding has taken its next step toward North Sea reality. Aberdeen-based oil and gas production technology business Pragma Well Technology said a successful feasibility study has led to a green light from Pharis…
Bergen based Swire Seabed has ordered its first autonomous underwater vehicle (AUV), a HUGIN system configured for commercial survey applications from manufacturer Kongsberg Maritime, the firm announced Thursday.According to Swire Seabed, the…
Neptune Energy has awarded certification agency Bureau Veritas a four-year contract to provide second- and third-party inspection services for the new Fenja oil and gas field development, offshore Norway.The Fenja field in the Norwegian Sea is estimated to hold 100 million barrels of oil…
Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company…
U.S. based seabed survey and ocean exploration company Ocean Infinity announced Wednesday that its Brazilian partner has been awarded a contract to provide high-resolution hydrographic mapping services to Brazilian national oil company Petrobras…
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro Limited (L&T), said that it has, in consortium with Subsea 7, has bagged two projects from the world's largest oil company Saudi Aramco.The company which serves the Oil and Gas sector around the world…
The Netherlands based offshore services provider Vryhof announced on Tuesday its three businesses Deep Sea Mooring, Vryhof Anchors and Moorlink have been awarded up to $75 million in new contracts to start 2019.The contracts include deals for Vryhof Anchors for the WindFloat Atlantic wind farm…
The latest communique out of Norway to indicate the return of “good times” offshore also warns that post-2014 short-termism may have contributed to conditions requiring, ironically, more haste to keep production from plummeting by 2025.Noting 2018’s higher exploration well count (53 vs…
Norwegian energy company Equinor announced that the Gullfaks partners have decided to move forward with a NOK 2.3 billion plan to drill seven new wells at Norway’s fourth largest oil field and improve oil recovery by 17 million barrels.“Our…
Equinor has won a license to develop carbon dioxide (CO2) storage under the North Sea, Norway's oil ministry said on Friday, part of a push to combat climate change.Equinor is expected to submit a development plan this year, with parliament making a final decision in 2020 or 2021…
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