The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers…
Subsea services provider DeepOcean informs it has been awarded a contract from Norwegian energy company Equinor to perform inspection, maintenance and repair (IMR) services in 2020.The contract has a duration of up to nine months work offshore…
Fugro reports it has completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company Sdn Bhd (BSP).The survey was performed in August in water depths of 600 m using the Fugro Equator, a dedicated geophysical survey vessel…
Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry…
Malaysian oil and gas services firm Sapura Energy has secured several new contracts and contract extensions for its engineering and construction (E&C) as well as drilling segments.The contracts, valued at approximately RM615 million (USD 148 million)…
Norwegian offshore vessel owner Solstad Offshore has secured contract awards and extensions for four platform supply vessels (PSV) in the Middle East and Mediterranean regions, as well as an extension for a construction support vessel (CSV)…
Danish wind farm developer Orsted aims to invest in pilot projects that will use wind power and other renewable energy sources to make hydrogen fuel, its chief executive said.Henrik Poulsen told Danish business daily Boersen that 'green hydrogen'…
Finnish tech company Wärtsilä will supply equipment for two offshore support vessels (OSV)under construction at the Fujian Mawei Shipbuilding yard in China for Netherlands-based shipping company Spliethoff.The order with Wärtsilä is booked in November 2019…
British satellite telecommunications company Inmarsat plc will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fibre and offshore LTE network operator, Tampnet.The new service which…
Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm, expected to be fully commissioned in 2025, subject to Ørsted's final investment decision (FID)…
Premier Oil, the UK-based gas and oil company, announced that it has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia.The two-year project was delivered on schedule and significantly below budget…
Offshore installation contractor DeepOcean has decided to extend the contract for Solstad Offshore's construction support vessel (CSV) Normand Jarstein.Solstad Offshore, the Norwegian offshore service and supply ship shipping company, said that…
OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, has contracted Nexans to design and supply two 120-km (75-mi) power umbilicals for a subsea multiphase compression system at Norske Shell’s Ormen Lange gas field in the Norwegian Sea…
Israel's largest offshore natural gas field, Leviathan, will begin supplying the local market by the end of this month, with exports to Egypt and Jordan following shortly after, an official from the field's operator said on Monday.'Within 2-3 weeks we will open the wells and start to supply the gas…
A new research and technology center backed by Chevron and Woodside has been launched at The University of Western Australia (UWA) to study long subsea tiebacks.The Center for Long Subsea Tiebacks laboratory located at UWA will focus on long…