Sparrows Group has secured a contract to provide crane management services at the Kraken field in the UK North Sea. Over three years, Sparrows will provide support during the pre-operations and operations phase aboard the floating, production…
MISC Berhad has started the conversion of floating storage, and offloading unit (FSO) Benchamas 2 in a ceremony at the MMHE West Yard, Pasir Gudang, Malaysia. FSO Benchamas 2 will be a conversion of the Bunga Kelana 5, previously operated by AET…
Amarinth, which specializes in the design, application and manufacture of centrifugal pumps and associated equipment to the oil and gas, petrochemical, chemical, industrial, power and renewable energy markets, has secured a further order…
Ampelmann has been awarded a contract by SBM Offshore Contractors in support of an FPSO (floating production, storage and offloading) maintenance campaign in the Espírito Santo Basin, Brazil. Ampelmann will provide an E-type system in January 2017 with a scope that includes transport…
Statoil is considering a subsea tieback to the Norne floating production unit after making a 20-80 MMboe oil and gas recoverable discovery on the nearby Cape Vulture well in the Norwegian Sea. The tieback project consideration comes as…
UK independent fractured basement reservoir explorer Hurricane Energy has started drilling on its Halifax well west of Shetland on the UK Continental Shelf. The well, being drilled using the Transocean Spitsbergen semisubmersible drilling rig…
Norway's Solstad Offshore (SOFF) has been awarded a subcontract with US-headquartered McDermott for the provision of light construction vessel services associated with Ichthys gas field development project, offshore Western Australia. Solstad's…
Premier Oil's Catcher North Sea floating production project is on schedule for startup later this year with a 29% reduced capital budget compared to when it was sanctioned, at US$1.6 billion. The Catcher area is expected to produce 96 MMboe…
UK-listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast, Africa, are at an advanced stage. The well is expected to spud in late May and is targeting about 240 MMbbl Pmean recoverable resources…
Energean Oil & Gas is planning to develop the Israeli Tanin and Karish gas and condensate fields using a floating production solution, the firm announced in a press conference today. Energean says it will submit a formal field development plan (FDP) for both fields…
The first signs of growth in the oil and gas industry can be seen, says analyst Wood Mackenzie. The firm's forecast shows a double growth in the number of final investment decisions in 2017, compared to 2016. According to Wood Mackenzie's global upstream outlook for 2017…
Samsung Heavy Industries (SHI) has won the first offshore drilling project for Korean shipbuilders in 18 months, with an order for BP's Mad Dog II project in the US Gulf of Mexico. The US$1.27 billion order is for a floating production unit (FPU) weighing 58…
BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary Nigerian Agip Exploration. The unit, moored off Nigeria on the Abo field, will continue working for Eni until 20 January 2017…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
Penspen, a provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership will enable the two businesses to provide engineering…