Epc News

 

Aker, OneSubsea win Statoil EPC frame agreements

Jan 08, 2016

Statoil Petroleum has signed master service agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new engineering, procurement and construction (EPC) for subsea equipment in the medium term future…

Johan Sverdrup costs drop by US$1 billion

Sep 25, 2015

Statoil is cutting costs by more than US$1 billion (NOK 9 billion) for the first phase of its giant Johan Sverdrup development in the North Sea, partner Det Norske said. Illustration of Johan Sverdrup…

FMC awarded Johan Sverdrup subsea work

Sep 18, 2015

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 up on 1Q

Aug 04, 2015

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…

Heerema sends launch jacket to Gina Krog

Jun 22, 2015

With the sail away on Friday 19 June 2015, Gina Krog, the largest launch jacket ever built by Vlissingen yard of Heerema Fabrication Group (HFG), is ready for installation. The launch jacket for client Statoil and its partners began its journey…

EIC: High value contracts awarded despite decline in overall quantity

Apr 27, 2015

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…

Petrojarl I in for EPC redeployment upgrade

Apr 21, 2015

After four months of preliminary work alongside, FPSO Petrojarl I moved on 16 April 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull. In all, the vessel will spend a year at DSR before heading off to the South Atlantic…

Van Oord wins Shell Gabon EPC contract

Nov 11, 2014

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…

Volatility hits oil and gas contracting levels

Oct 30, 2014

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…

ONS: Technip tops UKCS contractors

Aug 28, 2014

Technip remains the most successful contractor on the UK Continental Shelf (UKCS) with 25 secured contracts over the past four years. These were the findings of the Energy Industry Council (EIC)’s latest report into contracting activities offshore Norway and UK based on EICDataStream…

ONS: BP/Statoil issue most contracts

Aug 26, 2014

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…

ONS: Activity up - contract awards fall

Aug 25, 2014

There are currently 271 projects proposed or under development on the UK Continental Shelf (UKCS) and the Norwegian Continental Shelf (NCS) and a total potential investment of US$262.3 billion. These were among the topline figures according…

Technip gets Zakum field work

Feb 13, 2014

Abu Dhabi Marine Operating Company (ADMA-OPCO) has selected Technip for project management consultancy services on the Zakum field, offshore Abu Dhabi The contract will cover the engineering, procurement, and construction (EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL)…

AMEC wins North Sea EPC work

Jan 07, 2014

Nexen Petroleum UK Ltd, a wholly-owned subsidiary of CNOOC, awarded AMEC a six-year contract to provide engineering, procurement, and construction (EPC) services for Nexen's North Sea offshore assets. The work will cover operational modifications and brownfield projects…

Congo oil discovery

Sep 25, 2013

SOCO International announced that the Lideka East Marine-1 well (LDKEM-1) off Congo, which targeted a post-salt structure, updip from the Lideka Marine-1 well, found shows of oil in the Sendji formation (iS3). The well encountered about 50m of net pay section in the Upper and Lower Sendji…

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