The newly formed exploration and production (E&P) company Vår Energi is progressing the redevelopment of the Balder and Ringhorne area offshore Norway and a FEED contract for the Jotun FPSO life extension has now been signed with Aker Solutions…
Oceaneering International announced Thursday it has secured a three-year Provision of Inspection Enactment Services contract with Petrofac’s Engineering and Production Services division in the Western Hemisphere, growing its asset integrity portfolio within the U…
Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…
The outlook for offshore oilfield service contractors is strong as more than 100 new projects are aiming for 2019 sanctions, according to Rystad Energy, a Norway-based energy research and consulting firm.An expected $210 billion will be spent on offshore oilfield services globally next year…
China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…
Norwegian subsea contractor Ocean Installer and Norwegian multinational energy company Equinor ASA have signed a contract that covers the floating production storage and offloading unit (FPSO) mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea…
Services provider Petrofac said its Engineering and Production Services (EPS) business has secured a construction and commissioning contract with Ithaca Energy to prepare the FPF-1 floating production facility for the BP-operated Vorlich field in the Central North Sea…
Italian energy contractor Saipem plans to sign a deal this week with Novatek to build offshore platforms for the Russian firm's liquefied natural gas project, Arctic LNG 2, two sources close to talks told Reuters.Novatek aims to produce as much LNG as Qatar…
Rowan Companies plc announced that the Ralph Coffman, a 240-C Class harsh environment jack-up rig, has been awarded a one-well contract from CGX Resources in Guyana for an estimated duration of 60 days. The contract is expected to commence in the second quarter of 2019…
Offshore engineering and construction specialist Subsea 7 has won an EPCI contract from Royal Dutch Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb project, located approximately 140 miles east of Aberdeen in the UK central North Sea…
Angola’s Sonangol and British supermajor BP on Monday signed an agreement to progress to final investment decision (FID) for the development of the Platina field in the BP-operated deepwater Block 18, offshore Angola.Platina would be BP’s first…
Golar LNG Limited announced Monday that it has received a Limited Notice to Proceed (LNTP) from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, in their capacity as block operators, in respect of the provision of a Floating Liquefaction…
Woodside and Cairn Energy awarded front-end engineering contracts for Senegal's first oil project, a key step before a final investment decision expected in mid-2019, Woodside said on Monday.The project's first phase targets the unlocking of…
British oilfield services company Hunting Plc expects oil and gas producers to defer some projects as a recent decline in crude prices could hit their short-term budgets, it said on Monday.Oilfield service companies, including U.S.-based Schlumberger…
Offshore geophysical company Polarcus Limited announced Monday that it has received a contract award for an XArray marine seismic acquisition project in West Africa.The project will commence in Q1 2019 with an approximate duration of two months…