Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP)…
A UAE-based subsidiary of Malaysia's Eversendai Corp. has won an offshore fabrication project for Saudi Aramco. Eversendai Offshore received the project award, fabricating jacket structures, through Italy's Saipem, which is one of…
Reliance Industries has awarded OneSubsea, a Schlumberger company, an engineering, procurement and construction (EPC) contract for supply of the subsea production system for the R Cluster (Block KG-D6) Project, offshore the east coast of India…
Trelleborg has secured a contract for the supply of floatover equipment for a major offshore oilfield development project in the United Arab Emirates (UAE), the firm announced today (6 March). The contract spans the project’s second of three engineering…
WorleyParsons, in joint venture with Grand Isle Shipyard (GIS), has been awarded a five-year master services agreement for engineering, procurement and construction (EPC) services. The JV, GW Integrated Solutions, is prepared to deliver a fully integrated suite of asset management services…
DONG Energy's flagship high-pressure, high-temperature Hejre field development is in a state of limbo after operator DONG Energy said it was terminating a contract for the topsides, despite being well into construction. Contractors Technip and Daewoo Shipbuilding & Marine Engineering…
Petrofac has awarded Heerema Fabrication Group (HFG) an AFC contract to fabricate the substation platform for Galloper Wind Farm (GWFL). Heerema Hartlepool is fabricating the unmanned offshore substation platform. Project engineering…
Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Statoil awarded FMC Technologies a US$172 million engineering, procurement, and construction (EPC) contract for Phase 1 of the Johan Sverdrup field. The Johan Sverdrup field center. Image from Statoil…
Contracting activity across the global upstream sector rose 20% in 2Q this year, compared to 1Q, but is still lower than the same period last year, according to the Energy Industries Council's EIC Monitor. The uptick in EPC activity was focused on Brazil and Norway…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
EPC firm Wison Offshore & Marine selected AVEVA Marine software for the engineering, design and construction of its offshore Floating Storage Regasification Unit (FSRU) projects. An Wenxin, Senior Vice President of Wison Offshore & Marine…
Shell Gabon awarded Van Oord an engineering, procurement and construction (EPC) contract for the replacement of a dual 10km long oil export line. The EPC contract began this month and continues until summer 2015. The export line runs from the Gamba terminal…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
Statoil and BP continue to the most active operators on the UK Continental Shelf (UKCS) and the Norwegian Continental Shelf (NCS) according to the latest report from the Energy Industry Council (EIC). Image: Fig 1. The report, based on EICDataStream…
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