Inefficiency has been a key culprit in the increase in North Sea operating costs, executives at an exploration and development conference were told in Aberdeen. McKinsey's Dan Cole told the 2015 DEVEX Conference that at least a third…
Norwegian authorities granted Shell Norske permission to operate the Draugen field for a short period beyond its expected lifetime. But, the Petroleum Safety Authority (PSA) was not able to give consent for Shell to use the Draugen facilities beyond 2024…
Swedish marine energy company Minesto has been awarded a US$14.4 million (€13 million) investment from the European Regional Development Fund (ERDF) through the Welsh government to roll out its Deep Green tidal power plant. Deep Green…
Dynamic Industries International received authorization to begin work in Angola. The scope of work includes the fabrication of piping spools for a client’s produced water upgrade project. Roger Westerlind, executive VP and chief…
Engineering firm Ramboll is bringing its Danish values to its newly acquired American businesses. Meg Chesshyre sets out the details. When Danish engineering consultancy Ramboll acquired Houston-based Excel Engineering in October 2013…
Accura Group, based in Wolverhampton, and Peterborough-based Advanced Interactive Materials Science joined forces to manufacture Venturi Flow Meters, using the HIPing process for use with oil and gas production measurements. Venturi Flow…
Norwegian classification and verification outfit DNV GL unveiled an unmanned floating LNG concept, which it thinks could unlock the potential of remote offshore gas fields. DNV GL's Solitude concept…
Anadarko’s offshore Mozambique Offshore Area 1 development has taken a step closer with the signing of contractors for the onshore LNG terminal. A consortium consisting of CB&I, Chiyoda Corp. and Saipem were picked following a front end engineering and design (FEED) tender process…
Drydocks World is to build an external turret mooring systems for JX Nippon’s Layang field floating production vessel offshore Malaysia. Under a contract with UK-based naval architects Orwell Offshore, Dubai-based Dydocks World is expected to supply the turret system by Q1 2016…
Houston-headquartered engineering firm McDermott has made nearly 1700 job cuts following a review of the company's cost structure. The firm says 475 were cut up to March, through organizational efficiencies, which have helped save some US$27…
Engineering and project management firm Atkins has own a pre-front end engineering and design decommissioning contract with Centrica Energy. The five-year agreement will see Atkins provide UK-based Centrica with engineering and design services…
Premier Oil is planning to make sanction decisions on its Falkands Sea Lion and Norwegian Vette developments in 2016, the operator said this morning. The plans come as the firm says it is making “improved progress” on the completion…
BP awarded Technip a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit in the Gulf of Mexico…
Red Marine developed and delivered the modular umbilical clamp system, made up of six purely mechanical elements to FMC Technologies. Image of the modular umbilical clamp system. From Red Marine…
Saudi Aramco has awarded Australia's WorleyParsons a contract to provide project management services for its offshore program. WorleyParsons has been managing the Offshore PMC contract for Saudi Aramco for the last 12 years, which has employed in excess of 400 people in recent years…
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