Offshore Engineer Industry News News


Subsea Innovation Scores TechnipFMC Contract

Aug 15, 2019

Subsea Innovation said it has won a contract win with TechnipFMC in Norway for the supply and installation support of subsea protection equipment.In 2018 Subsea Innovation engineered next-generation seal for their Pipe in Pipe Waterstops, designed and developed from its head office in Darlington…

Xodus Group Adds Subsea Staff

Aug 15, 2019

Energy consultancy Xodus Group said it has appointed two principal consultants to its subsea integrity management team.Djamel Hamel and Chris Overton combined add more than 60 years’ experience to Xodus’ team which regularly provides integrity management support to UKCS operators…

Woodside H1 Profit Slumps

Aug 15, 2019

Woodside Petroleum flagged a challenging near-term outlook on Thursday as it grapples to win over its partners to back $34 billion worth of new oil and gas projects amid a souring global environment.Australia's biggest independent oil and gas…

Well-Safe Guardian Refit Contracts Awarded

Aug 15, 2019

Aberdeen-based decommissioning company Well-Safe Solutions said it has awarded two multimillion-dollar contracts to continue the transformation of the semi-submersible drilling rig Well-Safe Guardian into a bespoke plug and abandonment unit…

Rosenberg Worley Wins Vår Energi Contract

Aug 15, 2019

Vår Energi said it has awarded an engineering, procurement, construction and installation (EPCI) contract to Rosenberg Worley for the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045…

Airborne to Supply TCP Jumpers in Nigeria

Aug 14, 2019

Airborne Oil & Gas announced on Wednesday it has secured a contract with Addax Petroleum which will see the firm deliver two gas lift jumpers offshore Nigeria.The Netherlands headquartered business will supply two, 180-meter-long thermoplastic…

Drilling Innovation Projects Get a Boost

Aug 14, 2019

A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…

Siem Offshore Sells MRSV to Marine Platforms

Aug 13, 2019

Norwegian offshore vessel owner Siem Offshore said it has sold the multipurpose support vessel (MPSV) Siem Marlin to Nigerian services company Marine Platforms.Siem Offshore did not disclose the sale price.Siem Marlin, a 2009-built multipurpose…

Halliburton Wins Drilling Work Offshore Senegal

Aug 13, 2019

Australia-based Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completion services for Senegal's first deepwater offshore oil development, the oilfield services company announced on Monday.The SNE Field Development Phase 1 drilling campaign…

Oxy CFO Pledges to Quickly Pare Acquisition Debt

Aug 13, 2019

Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.Cedric Burgher, in his first public remarks since the $38 billion acquisition closed last week…

OPEX Group Secures CNOOC Contract

Aug 13, 2019

An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC  for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…

Petrobras Prepays Debt with Pension Fund

Aug 13, 2019

Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it had prepaid a 2.7 billion reais ($678 million) debt with its employees' pension fund Petros that was due in 2028, according to a securities filing.Petrobras, as the company is known…

Centrica Extends Stork Contract

Aug 12, 2019

Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…

Tullow Shares Soar on Guyana Find

Aug 12, 2019

Tullow Oil PLC said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.Shares London-based Tullow…

Petrobras Sells Stakes in Brazil Oilfields

Aug 12, 2019

Brazil's state-controlled oil company Petrobras sold stakes in a set of oilfields known as Polo Macau, located in the country's Potiguar Basin, to SPE 3R Petroleum for $191.1 million, the company said on Friday.Petrobras, or Petróleo Brasileiro SA…

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