Engineering News


VIDEO: First Drone Delivery for World's Biggest Offshore Vessel

May 26, 2020

Allseas' giant Pioneering Spirit offshore construction and decommissioning vessel last week provided a stage for what is believed to be the Netherlands’ first drone to vessel delivery.Mobilizing in Rotterdam’s Alexiahaven for upcoming platform removal projects…

Nauti-Craft, ST Engineering Working on Offshore Wind CTV

May 22, 2020

Australia's Nauti-Craft and Singapore's ST Engineering Marine Ltd, the marine arm of Singapore headquarters ST Engineering, have signed a letter of intent to explore options of collaborating on crew transfer vessels (CTV) for the offshore wind industry…

Halliburton Cuts Dividend 75%

May 21, 2020

Oilfield services provider Halliburton Co slashed its quarterly dividend by 75% on Wednesday, the latest move by the company to shore up cash to cope with a dramatic plunge in oil prices that began in March.U.S. oil prices experienced historic drops throughout March and April…

Oceaneering Wins Asset Integrity Work in Middle East

May 20, 2020

Offshore services provider Oceaneering has been awarded an asset integrity contract from a major operator based in Dubai, UAE. Oceaneering said Wednesday that the 'considerable asset integrity contract' included the provision of general and…

Denmark Proposes Two Giant Wind Energy Islands

May 20, 2020

Denmark on Wednesday proposed a more than tripling of its offshore wind capacity by building two energy islands linked to new wind farms in the Baltic and North seas to help to meet climate change targets.The energy islands are an important…

Spirit Energy Hires PD&MS for Complex E&P Modifications

May 20, 2020

Aberdeen-based engineering and design firm PD&MS has been awarded a new three-year contract with options for a further three-year extension with oil company Spirit Energy. The deal, worth an undisclosed multimillion-pound sum, will see PD&MS deliver complex modifications for the E&P business…

Worley, BP Sign Offshore Engineering Frame Agreements

May 20, 2020

Australia-based global engineering company Worley has signed two frame agreements with oil major BP for the provision of offshore engineering services.Worley said Wednesday that one frame agreement was for conceptual engineering and the other…

McDermott Nets 'Sizeable' Offshore Platform Design Deal in Middle East

May 18, 2020

Offshore engineering and construction company McDermott has said it has been given 'a sizeable' contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.McDermott, which didn't say who the client was…

ODE Selected as Duty Holder at Babbage Platform

May 18, 2020

Offshore service provider ODE, part of DORIS Group, has won a duty holder contract from NEO Energy (NEO) for the Babbage field in the Southern North Sea.'This is a significant ODE milestone as the first installation and pipeline operator (duty holder) appointment in the UK Continental Shelf (UKCS)…

Aquaterra Energy in Trinidad Offshore Platform FEED

May 18, 2020

Offshore engineering firm Aquaterra Energy has been awarded the Front End Engineering and Design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field, off of the west coast of Trinidad and Tobago…

Shearwater Wins Forties Survey Deal with Apache

May 18, 2020

Norwegian marine seismic surveyor Shearwater GeoServices has won a contract with Apache for a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea.Irene Waage Basili, the CEO of Shearwater GeoServices: 'We are very…

Penspen in Engineering Services Deal Offshore Abu Dhabi

May 12, 2020

Engineering and project management firm Penspen has won an engineering services contract by Target Engineering Construction Co LLC for slug catcher replacement support on a project on Zirku Island in UAE.The Penspen contract is for work on the island’s Satah slug catcher replacement project…

Acteon Firms Take Part in Platform Installation Off Trinidad

May 04, 2020

Acteon Group subsidiaries MENCK and LM Handling have won a contract to support piling operations for a platform installation off the coast of Trinidad and Tobago. Subsea services firm Acteon said that the Trinidad and Tobago project would draw…

Oceaneering Execs Agree to Pay Cuts

May 04, 2020

Offshore engineering services company Oceaneering has said its board has approved voluntary base salary reductions of the executive management team and other members of senior management, effective as of May 1, 2020.Oceaneering explained the…

Aker Solutions' 2020 Revenue to Fall 30%

Apr 30, 2020

Aker Solutions expects its revenue to fall by 30% this year, driven down by the impact from the COVID-19 pandemic and the crash in oil prices, and plans to respond with further cost-cutting, the Norwegian oil services company said.'The depth and scale of the decline is still unclear…

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