Offshore Engineering News

 

A Structural Shift for the Subsea Supply Chain

Feb 04, 2019

Late cycle contractors may have changed the subsea sector for good and as lead times shorten, schedule optimization is an increasingly vital consideration for offshore project developments.In prior generations, a subsea original equipment manufacturer’s…

Innovations in O&G Asset Integrity

Feb 01, 2019

While the term ‘innovation’ may have some running for the hills, a group of nondestructive testing (NDT) and asset management experts who will be speaking and exhibiting at the 2019 Australasian Oil & Gas Conference & Exhibition (AOG) are reaping…

Baker Hughes Adjusted Profit Surges 85%

Jan 31, 2019

Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…

TechnipFMC Bags EPCI Work for Luno II and Rolvsnes

Jan 29, 2019

TechnipFMC announced Tuesday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters…

New Managing Director at Magma Products

Jan 29, 2019

Oil and gas commissioning and start-up specialist Magma Products announced Tuesday it has appointed Philip Tweedy as managing director.Tweedy, previously commissioning manager at Magma, will be responsible for day-to-day operations at the company’s Aberdeen…

IRM at Mad Dog

Jan 29, 2019

Keeping operations humming on an oil production spar with an integrated drilling rig requires a lot of planning. The inspections, repairs and maintenance plan for the deepwater Mad Dog facility adheres to BP’s risk-based approach but is tailored…

Equinor’s Grand Plan Could be Grander

Jan 28, 2019

An area of rich oilfields in the southern North Sea off Norway appears set to become the next large-scale development to awe and shock observers for being a possible “fast-track” project in a mature area thought to have seen its best days.Norwegian offshore operator…

McDermott Wins Subsea Tieback Work for Stonefly

Jan 28, 2019

McDermott International announced Monday it has secured a contract from LLOG Exploration Company to install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform approximately…

Weatherford Rolls Out ForeSite Optimization Platform

Jan 27, 2019

Irish-domiciled multinational oilfield services company Weatherford said it has made a major enhancement to its ForeSite production optimization platform, which combines physics-based models with advanced data analytics to improve performance across wells…

IKM Wins Contract for Tyra Redevelopment

Jan 25, 2019

Total E&P Danmark A/S has awarded IKM Testing a contract for the Tyra redevelopment project on the Danish continental shelf. The contract, which includes cleaning and preparation for the removal of existing platforms and associated subsea pipelines…

Wood Brings a Regional Focus Globally

Jan 25, 2019

Wood is using a global yet regional approach to complete offshore projects around the world.Kent McAllister, Wood’s president for capital projects upstream & midstream, called Equinor’s Peregrino 2 project a good example of that kind of global yet regional approach…

McDermott Awarded Cassia EPC Contract

Jan 24, 2019

McDermott International announced Thursday it has secured a contract award by BP Trinidad & Tobago (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 57 kilometers southeast off the coast of Trinidad…

Oceaneering Wins $80 Mln in Umbilical Contracts

Jan 23, 2019

U.S. based Oceaneering International has secured three subsea umbilical contracts valued in excess of $80 million in total. The contracts with major international operators are to supply developments in the Mediterranean Sea, the North Sea and the South China Sea…

Oil and Gas Execs Expect to Boost Spending

Jan 22, 2019

The majority of senior energy industry executives expect to maintain or increase spending this year to meet demand for oil and gas after years of austerity, a survey by DNV GL shows.DNV, a technical adviser to the energy industry, surveyed 791…

Saipem Wins EPIC Work from Saudi Aramco

Jan 18, 2019

Italian services company Saipem announced Friday it has been awarded two engineering, procurement, installation and construction EPIC contracts from Saudi Arabian national oil company Saudi Aramco as part of the long term agreement for offshore activities in Saudi Arabia…

Current News

OGA Grows Collaboration with Renewables

OGA Grows Collaboration with Renewables

Gardline Surveying for i3

Gardline Surveying for i3

Archer CEO Lechner Resigns

Archer CEO Lechner Resigns

Aker BP Restructures Safe Scandinavia Options

Aker BP Restructures Safe Scandinavia Options

Mexico Could Pay Pemex Debt from Stabilization Fund

Mexico Could Pay Pemex Debt from Stabilization Fund

Decommissioning Activity High

Decommissioning Activity High

Nigeria Aims to Cut National Oil Company Shareholding

Nigeria Aims to Cut National Oil Company Shareholding

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week