Offshore Engineering News - page 7


Saipem Wins $100 Mln Pipeline Contract

Nov 07, 2019

Equatorial Guinea has awarded a $90-$100 million contract to build a 70 km subsea pipeline linking the Noble Energy operated Alen Unit to the country's Punta Europa petrochemical hub to Italian firm Saipem , the oil ministry said on Thursday…

Subsea 7 Eyes 2020 Rebound

Nov 07, 2019

Offshore services provider Subsea 7 cut its 2019 revenue outlook on Thursday but predicted a rebound next year as demand for oilfield services and from renewable energy providers is set to increase, boosting its shares almost 6%.Subsea 7 now expects a slight decline in revenue this year from 2018…

Aramco Signs 34 EPC Contracts Worth $18bn

Nov 06, 2019

Saudi Aramco has signed 34 engineering, procurement and construction (EPC) related contracts (worth over US$18bn) for projects such as the Marjan and Berri field incremental development program in Saudi Arabia, during Q3 2019, according to GlobalData…

McDermott Appoints Krummel as CFO

Nov 06, 2019

McDermott International announced the appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Krummel joined McDermott in 2016 and previously served as the company's Global Vice President, Finance and Chief Accounting Officer…

Mooring Cables for LoVe Ocean Observatory

Nov 05, 2019

With extensive experience in designing and manufacturing underwater custom cables, NOVACAVI has recently supplied a couple of specially engineered mooring cables for the Lofoten-Vesterålen Cabeled Ocean Observatory.The Lofoten-Vesterålen Cabeled…

Jan De Nul On Track with Formosa 2

Nov 01, 2019

Following the award of the Engineering, Procurement, Construction and Installation (EPCI) of the foundations and subsea cables for the Formosa 2 Offshore Wind Farm (OWF) in May 2019, Jan De Nul Group is on track with all project preparations…

Sembcorp to Build Whale FPU

Oct 31, 2019

Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision (FID) for the full Whale project…

OneSubsea, Subsea 7 Win Ormen Lange Contracts

Oct 31, 2019

Schlumberger said its subsea technologies division OneSubsea has secured a frame agreement with A/S Norske Shell for an engineering, procurement, construction and installation (EPCI) contract for the supply of a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea…

Equinor Awards Hywind Tampen Contracts

Oct 31, 2019

Norwegian energy company Equinor today, on behalf of the Gullfaks and Snorre partners, signed contracts totaling around NOK 3.3 billion ($358.6 million) for the Hywind Tampen wind farm development.The contracts have been awarded to Kværner AS…

Crane Vessel Sets GoM Lift Record

Oct 30, 2019

One of the world's largest crane vessels has set a new local heavy lift record of 11,100t for the Gulf of Mexico.The record lift, performed by the Saipem 7000 on October 7, took place during the installation of a gas compression module for the…

MODEC Wins Barossa FPSO Contract

Oct 30, 2019

Partners in the Barossa project have taken another step toward a final investment decision (FID) with the awarding of the contract for the floating production, storage and offloading (FPSO) facility to MODEC International Inc., project partner Santos announced on Tuesday…

Baker Hughes Profit Rises on Strong Foreign Demand

Oct 30, 2019

Baker Hughes Co reported a rise in quarterly adjusted profit on Wednesday, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors.The company's results contrasted with…

Sembcorp Earns 3D Printing Certifications

Oct 29, 2019

Sembcorp Marine earns 3D printing certifications for parts used in construction and repairsThese certifications will help the Group unlock significant efficiencies and reduce supply chain risksSingapore-based Sembcorp Marine has received certifications…

CNOOC Orders MacGregor Pull-in System

Oct 29, 2019

MacGregor has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater floating production unit (FPU) located in the Lingshui 17-2 gas field, offshore China.MacGregor, part of Cargotec…

DNV GL to Class Bay du Nord FPSO

Oct 28, 2019

Norwegian-based DNV GL said it has been selected as Equinor's certifying authority and classification society for Bay du Nord  project, offshore Atlantic Canada.Located approximately 480 kilometers northeast of St. John’s, Newfoundland and Labrador…

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Offshore Engineer (Nov/Dec 2019)

This issue of Offshore Engineer is dedicated to Exploration Outlook

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