Dubai-based fabrication and engineering firm Lamprell's CEO James Moffat (pictured) is to retire 30 June 2016. Lamprell says a search to find his successor is under way. Moffat joined Lamprell in 2013, at a time when it had been under financial strain…
McDermott International reported an increase in profits in 2Q, at US$11.5 million, up from a net loss of $7.4 million in the same period last year on revenues of $1.05 billion (up $570 million). McDermott says revenues for 2Q were positively…
Contracting activity across the global upstream sector rose 20% in 2Q this year, compared to 1Q, but is still lower than the same period last year, according to the Energy Industries Council's EIC Monitor. The uptick in EPC activity was focused on Brazil and Norway…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
Designing a tightly packed, complex turret system is one thing. Designing so it can be built and then maintained without causing hiccups is another. Carlo Pellegrino of Italy’s RINA Services explains. FSRU Toscana…
GDF Suez' Cygnus Alpha compression module (ACM) sailed away from Heerema Fabrication Group's Hartlepool facility on the night of 20 July, marking the completion of last of four main structures built at the facility for the Cygnus development…
Dutch offshore contractor Heerema Marine Contractors (HMC) sealed its deal with Jurong Shipyard to build its new mega-heavy lift crane vessel. HMC had already signed a letter of intent with the Sembcorp Marine subsidiary. Today's engineering and construction contract…
Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system. At almost 100m-high, weighing more than 11…
Block 17 has shone brightly for French operator Total and its partners. Now with the fourth development – CLOV – in production, Audrey Leon details how lessons learned and local content proved to be key to Total’s success offshore Angola…
Statoil, on behalf of the Johan Sverdrup license, awarded Korea's Samsung Heavy Industries Shipyard the US$892 million (NOK 7 billion) contract for decks for both the process and riser platforms. Johan Sverdrup…
Norwegian oil firm has marked the start of construction work on the Johan Sverdrup development project - labelled the biggest industrial project in Norway for decades to come. Work started at Kværner in Verdal, Norway, today (Monday 29…
Louisiana-based LLOG Exploration Offshore (LLOG) awarded Houston-based McDermott International a lump sum contract to support LLOG’s Otis development located in the Gulf of Mexico. LV 105. From McDermott…
Aveon Offshore has successfully completed fabrication, supported testing and load-out of subsea equipment for Esso's Erha North Phase 2 project offshore Nigeria. The load out and sail away of the five suction piles, production and…
ExxonMobil awarded Ocean Installer its first call-off contract for subsea well tie-back, engineering, IRM (inspection, maintenance and repair), ROV and associated services at the Balder field. The Normand Mermaid…
Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…
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