American upstream oil and gas company Kosmos Energy has commenced the process of scaling down its stake in the lucrative Greater Tortue Anheyim gas project on the Senegal/Mauritania maritime border as the Dallas-based firm seeks to entrench…
US oil giant ExxonMobil says it plans to invest up to US$100 million over 10 years in developing lower emission technology, working with the US' Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory…
US oil major ConocoPhillips has picked TechnipFMC to supply the subsea production system for its Barossa in the Timor Sea, offshore Australia, according to partner Australian oil and gas producer Santos . The contract includes the engineering…
DNV GL says its WIN WIN (WINd powered Water INjection) technology is now ready for prototype development after two joint industry projects have shown the concept to be technically feasible and cost efficient. WIN WIN was conceived in 2013 by DNV GL…
Qatar Petroleum (QP) invites tender for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project aimed to…
US oil giant ExxonMobil and Abu Dhabi's national oil company have met to discuss new opportunities for collaboration in the upstream and downstream sectors. The discussions were held during a joint visit to review the two firm's US$ 30 billion (AED 110 billion) Upper Zakum expansion project…
Emerson said it has been awarded a five-year contract with BP to provide predictive maintenance and operational support services to ensure safe, optimized production from its Clair Ridge platform and Glen Lyon floating production, storage and offloading (FPSO) vessel…
Singapore-based Keppel FELS and Norway's Aibel have together secured a contract to build and install a new 900 MW offshore high voltage direct current (HVDC) converter station for the DolWin 5 cluster offshore wind farms. Under a contract from…
Norwegian offshore engineering company Aker Solutions has launched a new software and digital services company called ix3 that it says will enable operators to accelerate field development projects and optimize asset performance.At the core…
BP has awarded TechnipFMC an integrated engineering, procurement, construction and installation (iEPCI) contract subsea systems on its Thunder Horse South Expansion 2 Project located in the Gulf of Mexico.Project sanction on the Thunder Horse project…
BP is set to go ahead with its Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico after announcing project sanction. Thunder Horse Expansion Phase 2 will boost output at one of the largest oil fields in the Gulf of Mexico by about 50…
ExxonMobil has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals, the supermajor announced on Friday.Exxon said startup at Liza Phase 2 is expected in mid-2022, producing up to 220,000 barrels of oil per day from the deepwater Stabroek Block…
The UK government said it will back industry plans for a multimillion pound underwater engineering hub in Aberdeen.The planned Global Underwater Engineering Hub will bring together underwater technologies from both industry and academia from…
Subsea 7 posted first-quarter core profits below expectations on Thursday while adding that the offshore oilfield service provider's full-year revenue is no longer expected to decline.'We are now guiding for 2019 Group revenue to be broadly in line with 2018…
Norwegian oil and gas company Equinor announced on Thursday it will shut down production at its ageing Statfjord A platform in the North Sea, marking the end of the line for one of the oldest platforms on the Norwegian continental shelf.The platform…
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