Offshore Engineering News


Seven Ichthys Contracts for Halliburton

1 hour ago

Japanese oil and gas firm Inpex has awarded seven contracts to oilfield services giant Halliburton. The contracts are related to services at Inpex's Ichthys development offshore Australia.Halliburton said Tuesday that the seven contracts are…

BHP Taps DORIS for Trion Work

Jan 27, 2020

BHP has hired engineering company DORIS for the engineering services for the SURF and export pipeline scopes of work of the Trion project located offshore Mexico.DORIS did not provide the financial details of the deal, nor the expected delivery timeline…

Stork Worley JV Wins Neptune Energy Gig

Jan 23, 2020

Stork Worley Integrated Solutions, a joint venture of American multinational engineering and construction firm Fluor Corporation, has secured a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning)…

Worley Lands Total's North Platte FPU FEED

Jan 23, 2020

French oil major Total has awarded Worley a FEED contract for the North Platte field development in the U.S. Gulf of Mexico.The offshore oilfield project, which marks the return by Total to the GoM as the operator, will be developed using a semi-submersible floating production unit…

Fred. Olsen Windcarrier Removes Perenco Gas Platforms

Jan 21, 2020

Fred. Olsen Windcarrier’s jack-up vessel Blue Tern has recently completed the offshore works related to decommissioning of two gas platforms for Perenco UK Limited. Fred. Olsen Windcarrier said this week that the work had been done in during the second week of January…

Halliburton Posts $1.7B Loss, Beats Estimates

Jan 21, 2020

Halliburton Co beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion.International…

McDermott Filing for Bankruptcy to Restructure Debt

Jan 21, 2020

Offshore engineering and construction giant McDermott has confirmed it is set to file for bankruptcy as part of its debt restructuring plans.'This morning, the company commenced solicitation of votes from its lenders and bondholders in support of a prepackaged Chapter 11 Plan of Reorganization…

SOFEC to Supply Sangomar FPSO Turret Mooring System

Jan 20, 2020

SOFEC announced it has been awarded a contract from MODEC to supply an external turret mooring system for a floating production, storage and offloading (FPSO) vessel for the Sangomar project offshore Senegal.SOFEC will be responsible for all engineering…

McDermott Bankruptcy Filing Imminent -Bloomberg

Jan 20, 2020

Oilfield services provider McDermott International Inc is preparing to file for bankruptcy as soon as next week, Bloomberg reported on Friday, citing people with knowledge of the matter.The company did not immediately respond to a request for comment by Reuters…

Global Demand Lifts Schlumberger Profits

Jan 17, 2020

Schlumberger NV reported a 9.4% rise in adjusted quarterly profit on Friday, as buoyant demand in international markets helped the world's largest oilfield services provider make up for lower drilling activity in North America.Net income fell to $333 million…

Oilfield Services Giants Start Year with Asset Sales

Jan 17, 2020

Schlumberger, Halliburton Co, and Baker Hughes Co have kicked off the new year by putting units up for sale, as the three largest names in oilfield services seek to reshape their businesses and adjust to falling demand.Oilfield service providers…

Wood Group Sees Higher Annual Earnings

Jan 16, 2020

Oilfield services provider John Wood Group Plc expects higher core earnings in 2019, with strong performance in its engineering services unit in the Middle East, Asia and the Caspian region offseting slowing U.S. onshore drilling demand.The…

Petrofac's Substation For Scotland's Largest Offshore Wind Farm

Jan 16, 2020

Petrofac has entered into a Preferred Supplier Agreement with SSE Renewables to design, supply and install the HVAC onshore and offshore substations for the Seagreen wind farm project.The wind farm will be located 27 kilometers off the coast…

Italy Court Acquits Saipem, Eni In Algeria Corruption Case

Jan 15, 2020

An Italian appeals court said on Wednesday it had acquitted oil services group Saipem and oil major Eni of alleged corruption charges in Algeria.The court also acquitted a series of other defendants, including former Eni Chief Executive Paolo Scaroni…

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