Offshore Engineer Industry News News - page 678

 

Halliburton Sees Offshore Spending Surge

Apr 22, 2019

Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.Schlumberger said last…

Eni to Operate Block A Off Ras Al Khaimah

Apr 22, 2019

Eni has signed an exploration and production sharing agreement with the emirate of Ras Al Khaimah, the Italian oil company's latest expansion in the Middle East.The agreement covers Block A offshore Ras Al Khaimah, one of the seven United Arab Emirates (UAE)…

Sonangol Plans to Downsize

Apr 22, 2019

Angola's state oil company Sonangol plans to divest 52 joint ventures, reduce staff and focus on its core business, part of an ongoing reorganization and package of reforms designed to lure back investors, its chairman said on Friday.'We are going to sell…

Halliburton Reports Activity Uptick

Apr 22, 2019

Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…

Saipem Seeks Drilling Partners

Apr 18, 2019

Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.Saipem, controlled by Italian state lender CDP and oil major Eni, is seeking…

Chrysaor to Buy ConocoPhillips’ UK Assets

Apr 18, 2019

Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675 billion, the companies announced on Thursday.Full-year 2018 production and year-end 2018 proved reserves associated with the assets being sold were approximately 72…

Keppel to Add 1,800 Offshore, Marine Staff

Apr 18, 2019

Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014…

MMA Offshore Wins Woodside Gig

Apr 17, 2019

MMA Offshore said on Wednesday it has been awarded a contract by Woodside to provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets over two scopes scheduled to commence in April 2019…

Santos Posts Record Production in Q1

Apr 17, 2019

Australia's No.2 independent gas producer Santos Ltd on Wednesday posted record quarterly production, boosted by its acquisition of Quadrant Energy assets, while sales revenue jumped 28 percent.Santos said production for the quarter ended March 31 rose to a record 18…

Keppel Wins Drilling Rig, FPSO Work

Apr 17, 2019

Singapore based Keppel Offshore & Marine announced Wednesday it has won two contracts: one from Diamond Offshore for the upgrade of the drilling semisubmersible rig Ocean Onyx, and the other from an unnamed operator for fabrication and integration…

CMHI Gets AIP for Two Offshore Designs

Apr 17, 2019

China Merchants Heavy Industry (CMHI) has received Approval in Principle (AiP) certificates from classification society DNV GL for two new offshore units: an arctic single column drilling unit and a wind turbine shuttle.The certificates, which…

Halliburton Wins Shell Drilling Contract Offshore Brazil

Apr 17, 2019

Services company Halliburton announced Wednesday it has secured an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in the Campos and Santos Basins offshore Brazil.Under the contract, which includes a three-year term with a two-year extension…

Two Join Deep Down Board

Apr 16, 2019

Houston based deepwater oil and gas production and distribution equipment and services company Deep Down announced on Tuesday that it has appointed to experienced small cap investors to its board of directors.David J. Douglas and Neal I. Goldman fill two recent vacancies on the board…

DNV GL Extends Contract for Dana Petroleum

Apr 16, 2019

DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…

SubseaPartner Wins Work at Goliat

Apr 15, 2019

Norwegian services company SubseaPartner said it has secured a contract from Vår Energi, to provide dive support at its operated Goliat field in the Barents Sea.The engineering and installation project work scope incorporates a 24 hours air diving operation on the Goliat floating production…

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