Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
OE asked Infield Systems to provide insights on today’s biggest offshore oil & gas projects. Top five global offshore projects currently under development (by capital spending) What…
Engineering services firm Wood Group PSN (WGPSN) has been awarded a multi-million dollar contract extension for services on the Hibernia platform, offshore Newfoundland and Labrador. WGPSN is providing engineering, procurement and construction on Hibernia…
Statoil is ceasing production on its Huldra platform today (September 3), the company announced. Huldra is the first gravity-based Statoil-operated installation in the North Sea to be shut down permanently. The platform, in production license (PL) 051/052…
The ExxonMobil-operated Hebron oil field hit a milestone in late July when the gravity based structure (GBS) was towed from the dry dock to the project’s Bull Arm construction site. The 180,000-tonne structure arrived 10 hours after tow-out operations began…
The Pieter Schelte at Marine Engineering’s Korean yard. Photo from Allseas. Work is lining up for Allseas’ mega-vessel the Pieter Schelte, which finally starts sea trials offshore Korea this summer…
The Meygen project in the Pentland Firth is planned to be the UK's first commercial tidal project. Images from Xodus group. Extreme environmental conditions and complex geotechnical challenges make tidal energy projects a huge undertaking…
Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…
Tekmar Energy has launched a new cable protection system to help reduce installation time and costs, and minimise associated cable risks onshore. The TekTube cable protection system is an onshore-installed solution, to reduce project time and complexity offshore…
Norwegian engineering and construction firm Kvaerner has opened an office in Moscow to position itself for future arctic construction projects. Kvaerner's office in Moscow is being led by Andrey Plotnikov, with a staff of 10 people currently focusing on business development activities…
Norway’s Statoil is considering extending the life of its giant Statfjord A facility in the North Sea, with a decision expected by year end, SPE Offshore Europe’s keynote session Decommissioning and value extraction for end of life heard yesterday…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS)…
Hebron estimated to hold 700 million barrelsThe Hebron Gravity Based Structure (GBS), is the 4th offshore development offshore Newfoundland. The project is to be sanctioned in 2012, and start-up is expected in 2017.On December 31st, 2012…
The concrete gravity-base structure for Russia's Arkutun-Dagi field, part of the Exxon Neftegas-operated Sakhalin-1 development, was installed offshore northeast Sakhalin last month. Water depths in the area are around 35m. Construction of the…
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