Indian multinational oil and gas gaint Oil and Natural Gas Corporation (ONGC) has awarded an contract for developing the Deep Water Project KG-DWN-98/2 (Cluster-2) in East Coast to a Consortium of Baker Huges GE, McDermott and L&T Hydrocarbon…
Oil company Petróleo Brasileiro SA, or Petrobras, said on Wednesday it finished a long-term test at the Mero field in the Libra pre-salt area with positive results.The Brazilian company said in a statement that the well used for the test in Mero reached an average production of 58…
Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt, the Israeli business daily The Marker reported on Wednesday.Noble's sale of 40 million Tamar shares…
Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petrofac since 2014, commenced on September 30…
Interventek Subsea Engineering has secured recent orders in excess of £1 million ($1.3 million) for itsRevolution in-riser shear and seal safety valve.The orders represent repeat business, from Louisiana based Professional Rental Tools LLC (PRT…
General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company seeks creative ways to boost output from mature fields…
Heerema Marine Contractors (HMC) and AF Offshore Decom (AFOD), together known as the HAF consortium, have been awarded a contract with Marathon Oil Decommissioning Services for the Engineering, Preparation, Removal and Disposal (EPRD) services of the Brae Bravo Platform…
Solstad Farstad has changed its name to Solstad Offshore ASA. The name change of the company, jointly formed by Solstad Offshore, Farstad Shipping and Deep Sea Supply last year, was announced through Twitter.The integrated shipping company with high specification vessels in its market segment…
Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.The award is for the deepwater…
PG Flow Solutions has been awarded a contract to supply a seawater circulation pump system to a wellboat that Norwegian shipyard Fitjar Mekaniske Verksted is building for the newly established wellboat company Hordalaks AS.PG Flow Solutions…
Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, 2018. The vessel will be used to support…
Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas) bunker vessel with bunker tank capacity of 6,000 m3. The new vessel will provide mobile and efficient LNG bunkering for the growing number of LNG-fuelled…
When GAC South Africa’s team in Cape Town was appointed to handle the passage of two tugs, Fairmount Summit and Fairmount Expedition, towing the floating production storage and offloading (FPSO) Berge Helene bound for the Far East, the odds seemed to be stacked against them…
Engineering consultancy BMT and subsea technology company Sonardyne International have signed an agreement to provide integrated marine integrity monitoring solutions to the oil and gas industry.The official Teaming Agreement between BMT and Sonardyne…
China Merchants Heavy Industry (CMHI) Jiangsu shipyard has undocked OOS Serooskerke, OOS International's newest semi-submersible crane vessel (SSCV).'The undocking operation was complex because of the limited water depth in the dry dock,' said a press release from the company…