Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
Norway's Aibel has topped a recent string of contacts with a framework agreement with Statoil covering the supply of personnel to Statoil's projects in Norway and abroad. The agreement is in addition to Aibel's existing framework agreements with Statoil and is valid for one year…
Statoil has awarded Aibel a contract for the hook-up of new living quarters to the Oseberg C platform. The contract has an estimated value of about NOK 125 million. The project, called the Oseberg C Continuous Drilling (LQ Extension) project…
Aibel announced it has secured a contract from Statoil for FEED and Engineering & Management Assistance (EMA) of substructures for the Hywind Scotland Pilot Park offshore wind farm. The contract has an estimated value of approximately NOK$40 million…
Xcite Energy has agreed a memorandum of understanding with Norway's Aibel, setting out the principles for executing the engineering, procurement and construction self installing platform for its UK North Sea Bentley heavy oil field. The platform…
Tullow Oil shares this video on their exploration projects offshore Ghana, including the Tweneboa, Enyenra and Ntomme (TEN) project, which the company says is on track for first oil by mid-2016. Read more on Tullow's TEN development…
Premier Oil's central North Sea Catcher field development plan has been approved by the UK Department of Energy and Climate Change. The Catcher area is expected to produce 96MM boe, with a peak production rate of around 50,000 bo/d. The…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
Aibel’s Singapore office has been awarded a contract by BW Offshore Singapore to provide topside engineering services for the UK North Sea Catcher project, operated by Premier Oil. The scope includes detailed engineering services for…
Aibel Thailand has signed the contract for the topside procurement and fabrication of the Tweneboa, Enyenra & Ntomme (TEN) project with MODEC. The scope includes seven modules weighing in total 9400-tonne. Image: Nick Routledge, VP…
Aibel will modify the Kristin semisubmersible platform in the Norwegian Sea as part of a project to connect it to the new Polarled pipeline. The contract, worth approximately NOK200 million (approximately US$3.2 million), was awarded as a…
Aibel is to carry out modifications to the Kristin semisubmersible platform, in the Norwegian Sea, as part of a project to connect it to the new Polarled pipeline. The contract, worth about NOK200 million, was awarded as a part of the…
Statoil details the load out process and sail away of a 10,600-ton topsides model destined for its Gudrun field, in the Norwegian North Sea, from Aibel's shipyard in Haugesund, Norway. Read more about the topside's journey here.
The outgoing chief executive of Norwegian state-owned oil firm Petoro is to join Aibel as chairman. Kjell Pedersen has a degree in petroleum engineering from Trondheim and had a long career in Exxon/ExxonMobil before joining Petoro in 2001…
