The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the first definitive production system of Mero field, which will be used in the Mero Pilot project (formerly Libra Northwest)…
Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks…
Subsea 7 has acquired parts of EMAS Chiyoda Subsea (ECS), following the firm's fall into Chapter 11 bankruptcy proceedings in the US. The Lewek Constellation. Subsea…
Coral FLNG SA has awarded the TechnipFMC-led joint venture TJS Consortium an engineering, procurement, construction, installation, commissioning and start-up (EPCIC) of the Coral South FLNG facility offshore Mozambique. TJS Consortium…
According to a 29 March 2016 announcement, DONG Energy and Bayerngas terminated the contract for the engineering, procurement and construction (EPC) of the Hejre platform with the supplier consortium. Subsequently, disputes around the termination of contract arose…
Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras says collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price…
India's government has awarded 31 contract areas as part of its Discovered Small Fields (DSF) bid round 2016, including eight offshore. A total of 134 bids were received for 34 contract areas. Of those, 22 companies (singly or in consortium) were shortlisted for 31 Contract Areas…
L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS CHIYODA Subsea has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabia's Saudi Aramco. The contracts are for the supply and installation…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…
Petrobras has relaunched the bid process for its Libra Pilot floating production and storage offloading vessel (FPSO), following the cancelation of the previous bid process due to “an abnormally high price.” Image of Libra field operations…
A consortium of L&T Hydrocarbon Engineering (LTHE) and Emas Chiyoda Subsea (ECS) entered into a US$1.6 billion engineering, procurement, construction and installation (EPCI) deal with Saudi Aramco for the development of the second phase of Hasbah Offshore Gas field…
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…
QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…
Marginal field-focused explorer Enegi Oil's joint venture with ABTechnology (ABTOG) has signed a collaboration agreement with global engineering and design consultancy Arup. Arup becomes the latest member of the Marginal Field Delivery…
Supermajors Chevron and ExxonMobil were two of 26 companies, both privately and in consortia, that have earned the right to submit bids for Mexico’s Round 1 to be held on 15 July, the country’s National Hydrocarbons Commission (CNH) announced on 25 May…
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