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Wednesday, 23 September 2015 03:43

Total cuts spending into 2016

French oil major Total has scaled back its production target for 2017 after announcing further investment cuts and project delays.…
Wednesday, 29 July 2015 02:55

Total beats earnings, sells UK stake

French oil major Total has followed in Statoil's footsteps this morning, announcing 2Q profits which beat predictions as it increased…
Published in OE Daily: 2015 / July
Wednesday, 08 July 2015 04:19

Offshore wind floating into French waters

The French government is planning to launch a tender for several pilot floating offshore wind farms, Reuters reports. Matthieu Monnier,…
Published in OE Press: 2015 / July
Monday, 01 June 2015 00:00

Picking up wind

About US$336 billion (€300 billion) could be spent in offshore wind capex over the next 10 years, with cumulative capacity…
Published in OE: 2015 / June
Thursday, 21 May 2015 13:08

ECN awards marine renewables contract

A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract…
BP and Total beat analysts’ predictions by reporting better than expected results this morning, despite consistently low oil prices.  French…
Published in OE Daily: 2015 / April
Wednesday, 22 April 2015 04:15

CGG acquires Taurus

CGG's GeoConsulting business has acquired Calgary-based Taurus Reservoir Solutions. Taurus offers reservoir and geomechanical simulation and engineering technology along with…
Thursday, 16 April 2015 02:51

First TLPs for offshore China

Technip is to help design China's first tension leg platforms (TLPs) under a contract with joint venture partner China Offshore…
Published in OE Daily: 2015 / April
Tuesday, 31 March 2015 03:10

Total inks Wood Group for UK engineering

UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which…
Published in OE Press: 2015 / March
Tuesday, 20 January 2015 09:02

Bourbon orders three FMC ROVs

French vessel operator Bourbon has commissioned three new next-generation heavy duty work ROVs (remote operated vehicles) designed by FMC Technologies…
Tuesday, 06 January 2015 03:24

CGG posts glimmer of hope

French seismic acquisition firm CGG has posted strong results for Q4 2014 despite the current "unfavourable" oil price environment.  The…
Friday, 19 December 2014 02:23

Perenco orders Gabon seismic

Norway-based offshore geophysical services firm Polarcus has signed a letter of intent with Perenco Oil & Gas Gabon for a…
Monday, 15 December 2014 04:25

Technip drops CGG approach

French engineering firm Technip has dropped its big to make an offer for fellow French seismic acquisition and services firm…
Thursday, 13 November 2014 12:15

Technip upgrading French flexible pipe plant

Technip is investing more than US$84.7 million and more than four years to modernize its flexible pipe manufacturing plant, Flexi…
Wednesday, 12 November 2014 11:25

McDermott completes Ichthys installation

McDermott International delivered its 7,200-ton riser support structure (RSS) tower for the Ichthys project in the Browse basin, about 124mi…
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