Operators continue to look for fast returns via subsea tiebacks while vendors look for technical solutions to help unlock more fields for less.A tide is starting to turn on the subsea industry, not least thanks to subsea tiebacks. It’s a theme that’s been underlying the last four years. While large capital-intensive projects have been put on hold, operators have been targeting “cost efficient” barrels close to existing infrastructure…
ICR Integrity (ICR), global provider of specialist repair, inspection, and integrity solutions, said Tuesday it had been re-awarded the Master Service Agreement (MSA) with Petrofac, valued at over £1 million per year, after a successful tender…
Subsea cable maker JDR has won a contract from Petrogas E&P Netherlands to supply two umbilicals for the A15 and B10 offshore conventional gas fields in the Netherlands. The fields are located in quads A & B, in a shallow water depth of 115 ft…
TCO, a Norway-based well solutions provider, has appointed Robert Jay Abercrombie as its new CEO.'An expert in petroleum engineering, leadership and strategy, Robert has more than 14 years’ experience within the energy sector. His appointment…
UK North Sea-focused oil and gas company IOG said Wednesday it had temporarily remedied an issue with its Blythe platform topsides in the Southern North Sea.The company had started gas production from the Blythe field mid-March, however it on…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
Offshore installation company Subsea 7 said Friday that July 2021 marked the successful installation of a 5km pipeline bundle for China-based CNOOC's Buzzard Phase II (BPII) project in the UK North Sea, moving the project a step forward towards…
China's CNOOC has opted to extend the contract for Prosafe's Safe Boreas offshore accommodation rig.Through its European subsidiary CNOOC Petroleum Europe Limited, the oil firm has exercised two of the three 30-day extension options available…
Oceaneering has been awarded a connector supply contract from TechnipFMC to provide 2-inch M5 Connectors and Chemical Throttle Valves (CTV) for Murphy Oil's Khaleesi/Mormont and Samurai tieback project in the U.S. Gulf of Mexico (GoM).Oceaneering…
Malaysian energy services company Uzma has won a contract to deliver a portable water injection module for Petronas Sepat offshore platform in Malaysia.Under the contract, Uzma will be responsible for the design, engineering, procurement, fabrication…
UK-based oil and gas operator Repsol Sinopec is planning to apply for permission for the development of the Tain field in the Central North Sea, offshore the UK.The Tain field is located in Block 13/23b. The Tain field will be developed by…
Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa. The company said Friday that both projects included design, engineering…
Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…
Norwegian engineering and equipment firm Aker Solutions said it has secured a NOK 700 million ($78.2 million) order from ADNOC (Abu Dhabi National Oil Company) to deliver subsea umbilicals for the Dalma gas development project located offshore…
Maersk Drilling announced Friday that CNOOC has exercised a one-well option for the Maersk Innovator jack-up rig to continue infill drilling at the Buzzard field on the UK continental shelf.The option, from the Chinese oil firm's CNOOC Petroleum Europe subsidiary…