TechnipFMC has signed a three-year frame agreement with Woodside Energy in Australia for riserless light well intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. Under the agreement…
Decades of life yet are left in the UK North Sea, but it's still all about reducing costs and finding more efficiencies, including through use of data. Industry leaders gave these views at Oil & Gas UK’s Oil and Gas Industry Conference…
Fugro Venturer. Image from Fugro. With a maiden voyage that takes her to the deepwaters of Ireland’s Atlantic margin and the far North of the Barents Sea, the Fugro Venturer is the newest of Fugro’s successful purpose-designed…
Harke Jan Meek. Image from IMCA. The International Marine Contractors Association (IMCA) has appointed Harke Jan Meek, chief commercial officer at Heerema Marine Contractors as its new president and chairman of the board…
ExxonMobil has signed a production sharing contract (PSC) with the government of Equatorial Guinea for a deepwater block located 36mi west of the country's capital city, Malabo. Exxon will operate deepwater Block EG-11 with 80% working interest…
Providence Resources has received consent to transfer 30% equity in FEL 2/14 to Capricorn Ireland Ltd., a wholly-owned subsidiary of Cairn Energy. Providence gained the approval from Ireland's Minister of Communications, Climate Action and Environment…
Baker Hughes and General Electric Co. (GE) have announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team will be as follows: Lorenzo Simonelli…
Stena Atlantic Ltd., an affiliate of Stena Drilling, notified Korean shipbuilder Samsung Heavy Industries (SHI) last week, that it has exercised its right to cancel their contract for the construction of the Stena MidMAX, a dynamically positioned harsh environment semisubmersible drilling unit…
A Total-led joint venture filed an official application with the Greek ministry of environment and energy to explore for oil and gas in two adjusted blocks offshore Crete, on 31 May. Total, ExxonMobil and Hellenic Petroleum (HELPE) expect…
Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Co.’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt. Image of the Sea Swift…
Stress Engineering Services (SES) has teamed up with DeepMar Consulting to expand its existing upstream service offerings. The integrated team will work alongside clients to increase assurance of successful projects in regards to health, safety and environment (HSE)…
The Guyanese government is expected to grant ExxonMobil and its partners a production license for the giant Liza project ahead of the partnership’s final investment decision (FID), which is set for this month. Map of Stabroek…
BP Trinidad & Tobago (bpTT) has awarded McDermott International an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Angelin gas field, off the east coast of Trinidad and Tobago. Illustration…
Two new Calls for Ideas have been launched to identify, support and fund robotics-based solutions to reduce inspection costs, and to unlock marginal resources on UK Continental Shelf (UKCS). Some ca.£1 million in funding is available for each area from the the Aberdeen-based…
Services firm Cape has been awarded contracts on Inpex's Ichthys LNG project and for work for BP in the North Sea. Cape Industrial Services secured two contracts, extending existing contracts, with BP in the UK North Sea for a further three years…