Shell has reach final investment decision on its Penguins fields redevelopment in what will be its first new manned installation in the northern North Sea in almost 30 years. The project will see a newbuild floating production, storage…
Audrey Leon looks at how BP’s new approach to working with its suppliers have led to quicker project start-up (First published in OE January 2018, view the full issue here). The Juniper platform offshore Trinidad and Tobago…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
Mono-bucket foundation technology for offshore windfarms could be tested on the Deutsche Bucht Wind Farm offshore Germany. The technology, developed by Universal Foundations, a Fred Olsen company, was picked for the Bucht wind farm as a pilot project…
Larson & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has won an engineering, procurement, construction, installation and commissioning (EPCIC) contract with India's Oil & National Gas Corp. (ONGC) for work in the country's western offshore basin…
Statoil has awarded DeepOcean a contract to provide project management, engineering, procurement of anchors for risers and umbilicals, and offshore installation activities on the Snorre Expansion Project in the North Sea. The offshore…
Saipem has signed a contract with Eni Angola in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06…
Canada-headquartered engineering group SNC-Lavalin, which recently acquired engineering house Atkins, has signed a framework agreement with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects. SNC…
US engineering group McDermott International, soon to merge with CB&I, has inked a major lump sum contract with Maersk Oil for work on the largest ever oil and gas project offshore Denmark. McDermott is to provide engineering, procurement…
Norway's Statoil is planning to start production from a US$2.27 (NOK19 billion) expansion project on its Snorre field in the Norwegian North Sea by 2021, tapping an additional 200 MMbo from the field and extending its life out to at least 2040…
A revised plan for development and operation (PDO) for the Yme field in the Norwegian North Sea has been submitted to Norway's Ministry of Petroleum and Energy by operator Repsol. Repsol says it's going to invest about US$960 million (NOK8 billion) in the Yme New Development project…
VNG Norge has made a contract award to TechnipFMC for integrated engineering, procurement, construction and installation (iEPCI) on the Fenja field in the Norwegian Sea offshore Norway. The contract covers the provision of subsea equipment including umbilicals…
Australia's Woodside Energy has awarded UK-based engineering house Wood a contract for a concept definition study for the Julimar Phase 2 project offshore Australia. Woodside has also awarded Wood a contract for engineering and rig modification services off Australia…
Audrey Leon takes a look through some of the industry’s biggest ongoing projects by capex in 2017. Five of the 10 biggest projects by capex were offshore projects in 2017, led by Inpex’s Ichthys LNG project offshore Australia. Ichthys…
Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…