Subsea hardware spending in 2014-18 is forecast to nearly double the size of installed subsea infrastructure, according to Douglas Westwood’s latest estimates. Matt Loffman sets out the detail. Douglas-Westwood forecasts subsea hardware capex will total US$117 billion between 2014 and 2018…
Oil and gas exploration has turned many areas of Sub-Saharan Africa into economic hotspots, and operators are now looking at South Africa’s western coast. Planned infrastructure improvements may improve exploration logistics, but…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
The Heidrun FSU crane in Protea’s yard, Poland. Photo from Protea. Protea has designed its largest crane to date for Statoil’s Heidrun FSU, a project that will aid the life extension of the Heidrun field…