Offshore Engineer Industry News News


Woodside to Implement Schlumberger's DELFI

Aug 20, 2019

Australia's largest oil and gas operator Woodside Energy will leverage Schlumberger's DELFI cognitive cloud-based software environment in an effort to increase consistency, reduce study cycle time and foster innovation in its subsurface characterization and development activities…

NOV Cuts Staff for Second Time This Year

Aug 20, 2019

Oilfield equipment and service provider National Oilwell Varco has begun trimming its workforce for the second time this year, two people familiar with the matter said this week, as oil producers cut spending budgets.The Houston, Texas-based…

Deep Down Riser Isolation Valve System for Shell

Aug 20, 2019

Offshore equipment and services company Deep Down announced it has received an order from Shell for work related to its Kaikias development in the U.S. Gulf of Mexico.The order is for the design, engineering, manufacturing and installation of…

Moods 'Upbeat' Heading into GoM Lease Sale -NOIA

Aug 20, 2019

Sentiment in the US offshore oil and gas industry is “generally upbeat” heading into the nation's next Gulf of Mexico lease sale, according to trade group National Ocean Industries Association (NOIA).On Wednesday in New Orleans, the Bureau of Ocean Energy Management (BOEM) will offer 77…

Sparrows: Mitigating Dropped Objects Risk

Aug 20, 2019

Sparrows Group said its US business has become the first company in the US to be certified as a Recognized External Specialist by the American Bureau of Shipping (ABS) for Dropped Objects Risk Inspection and Program Audits.Sparrows has provided…

Saudi Aramco Asks Banks to Pitch for IPO Roles

Aug 19, 2019

Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of the matter said.Aramco's planned IPO, which could potentially raise $100 billion…

KW Designed Solutions Restructures

Aug 19, 2019

Chorley, UK based high pressure engineering company KW Designed Solutions said it has recently restructured, launching a new company KW Pressure Testing and introducing the KW Group to manage both firms, as part of a complete rebrand.A new state-of-the-art…

Petrofac, SOCAR Partner in Support Contract

Aug 19, 2019

Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an engineering and technical services contract to support Total and SOCAR’s exploration and production activities in Azerbaijan, the UK Services company announced on Monday…

INTECSEA Wins MJ Field Contract from RIL

Aug 19, 2019

Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…

BOEM Okays Shell's Caesar Tonga Sale to Equinor

Aug 19, 2019

The U.S. Bureau of Ocean Energy Management (BOEM) as approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

Seadrill in JV with Gulf Drilling

Aug 15, 2019

Offshore drilling contractors Seadrill and Gulf Drilling International (GDI) have entered into a 50/50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020…

Balltec Bags North Sea Decom Contract

Aug 15, 2019

Engineering from Balltec announced on Thursday it has been awarded a contract by Heerema Marine Contractors for work on the decommissioning and removal of a large platform with conductors in the North Sea.Balltec said its scope of supply comprises 18 of its LiftLOK ball and taper lifting connectors…

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…

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