Engineering News


Ithaca Cuts Spending. Cashflow Buoyant Even at $1 a Barrel

Apr 07, 2020

Delek's British North Sea oil and gas producer Ithaca Energy will cut spending by about half to $120 million this year, it said on Tuesday, adding that cashflow remains strong in spite of a recent slump in oil prices.Ithaca, which its owner has said could list on the London stock market this year…

Ramboll to Design Foundations for Japan Offshore Wind Farm

Apr 07, 2020

Danish engineering company Ramboll has signed a contract with Japanese construction company Obayashi Corporation for the design of offshore wind farm foundations.“There is a giant potential for Ramboll in Japan. At the same time, however, the…

Vestas Wind Turbines for Offshore Wind Farm in Japan

Apr 06, 2020

Danish wind turbine manufacturer Vestas has received an order from MHI Vestas Offshore Wind for the supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro offshore wind farm project in Japan. The Akita Norshiro offshore wind farm…

Petrobras Delays Bids for Offshore Platform

Apr 03, 2020

Brazil's state-run oil company Petrobras has delayed by 90 days the deadline for bids to build a production platform in the Itapu field in Santos Basin after a sharp drop in oil prices and concerns about the impact of the COVID-19 pandemic, two people familiar with the matter told Reuters…

Head Energy's EPCIC Engineering Division Names Operations Manager

Apr 03, 2020

Norwegian offshore engineering company Head Energy has made a new addition to its EPCIC Engineering Division. EPCIC stands for Engineering, Procurement, Construction, Installation & Commissioning.Head Energy said Friday that Oskar Leirgulen had joined the division as operations manager…

Report: Petrofac to Let Go 20% of Workforce

Apr 02, 2020

Oilfield services provider Petrofac is launching a redundancy programme that it expects will end up reducing staff numbers by 20% as it seeks to cope with plunging oil prices, according to a source and an internal email seen by Reuters.The Britain-based company…

Aker Solutions Slashes 650 Jobs in Norway and UK. More Cuts Ahead

Apr 01, 2020

Norwegian offshore engineering and construction company Aker Solutions laid off 400 employees in Norway and 250 employees in the UK, as per April 1, and it might need to lay off up to 6000 employees in Norway. The company has said the layoffs are temporary…

Widespread Salary and Job Cuts at Schlumberger

Apr 01, 2020

Oilfield services provider Schlumberger on Tuesday said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.Oil prices have plunged by more than 60% since the start of the year…

Worley, Chevron Extend Service Contract in Australia

Mar 31, 2020

Australian energy services company Worley has secured an extension to an existing services contract with Chevron Australia.Under the contract, engineering and procurement services will be provided to support Chevron's Australian assets, including the Gorgon project…

Aker Solutions Wins 5-Year Offshore Maintenance Work with Shell in Brunei

Mar 30, 2020

Norwegian offshore engineering and construction company Aker Solutions, in a joint venture with Brunei-based PTAS, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).According to Aker Solutions…

BHP Awards Trion Platform Pre-FEED to McDermott, Partners

Mar 30, 2020

U.S. offshore installation and construction company McDermott has been awarded a pre-FEED contract for a floating production unit that will be installed at BHP's Trion deepwater oil field offshore Mexico.McDermott said the contract was a sizeable one…

Sleipnir Completes Largest Ever LNG Bunkering

Mar 27, 2020

The world's most powerful semi-submersible crane vessel received the largest liquefied natural gas (LNG) bunkering ever completed.On Thursday, Titan LNG performed the bunkering of Heerema's Sleipnir, using the Coral Fraseri, Anthony Veder's LNG carrier in the Port of Rotterdam…

Deme Offshore, Penta-Ocean in Japan Offshore Wind Pact

Mar 24, 2020

Japanese marine contractor Penta-Ocean Construction and Belgian offshore installation specialist Deme Offshore have entered into a memorandum of understanding to cooperate in the construction of offshore wind farms in Japan. In light of recent…

Kvaerner Sends Workers on Temporary Leave. Execs Cut Own Salaries

Mar 24, 2020

Kvaerner, a Norwegian offshore engineering and construction company, has said its executive management will cut its salaries. The company has also placed 30 employees on temporary leave, with this number set to increase.This is a part of the…

Head Energy Clinches Brage Platform Well Hook-Up Work

Mar 24, 2020

Oil company Wintershall Dea has awarded Norwegian engineering firm  Head Energy a contract for two well hook-ups at the Brage Platform.'This is a strategically important contract for us and a recognition of our skilled engineering team working with EPCIC offshore modification projects…

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