Samsung Heavy Industries (SHI) has won the first offshore drilling project for Korean shipbuilders in 18 months, with an order for BP's Mad Dog II project in the US Gulf of Mexico. The US$1.27 billion order is for a floating production unit (FPU) weighing 58…
BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary Nigerian Agip Exploration. The unit, moored off Nigeria on the Abo field, will continue working for Eni until 20 January 2017…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
Penspen, a provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership will enable the two businesses to provide engineering…
Technip has been awarded an engineering and project management services contract by Shell Australia. The contract will provide multi-disciplinary engineering and design services in support of the Prelude FLNG project, and will allow the…
Chevron has canceled a US$1.8 billion floating production and storage offloading (FPSO) newbuild order with Hyundai Heavy Industries (HHI) that was destined for the supermajor’s Rosebank deepwater project in the North Sea. Illustration of the FPSO…
RINA Indonesia, in consortium with PT Depriwangga, has been awarded a contract by Chevron Indonesia to provide QA/QC inspection services as part of the offshore Bangka Field development project. The Bangka Field is located approximately…
BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…
Work to repair five separate areas on board floating production unit FPF-003, operated by Petrofac South East Asia Pte, using SPS has been completed on-station in the Mubdala, Jasmine oil field, off the coast of Thailand. The repair work on this ABS classed vessel…
EM&I, a provider of asset integrity, inspection and specialized repair and maintenance services, has signed a contract with BHP Billiton Petroleum Australia (BHP Billiton) to provide inspection management services to their Macedon Gas Plant…
Floating production firm BW Offshore has started an arbitration process against Addax Petroleum Exploration over payment for use of the floating production, storage and offloading vessel (FPSO) Sendje Berge. BW Offshore says Addax as…
Start up on Ithaca Energy's Stella field has been set back after electrical faults were found on the floating production unit. First oil via the FPF-1 floating production facility had been due at the end of this month, but is now expected early January…
UK independent EnQuest has brought its Scolty and Crathes development in the UK North Sea onstream. The firm also confirmed sailaway of the US$2.6 billion Kraken development floating production, storage and offloading vessel is due in coming days…
OMV's Norway VP said the Wisting discovery in the Norwegian Barents Sea could contain more than 1 billion boe in place. Image of Eni's Goliat FPSO in the Barents Sea. David Latin stated the figure at an energy conference…
Eni is a step closer to moving ahead with its 16 Tcf deepwater Coral discovery development offshore Mozambique following investment approval from its board of directors. Eni's board has approved the first phase of development, called the Coral South project…