Following a “Gulf of Mexico way” of project execution strategy, standardizing equipment, opting for subsea solutions where possible and focusing on efficient drilling methods is saving $1.3 billion on the Equinor-operated Peregrino Phase 2 heavy oil project offshore Brazil…
German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.The JV follows the signing of a declaration of intent in September 2018. The two companies named the JV as Buss IDEA Offshore…
Oceanographic technology and marine services provider EOM Offshore announced Tuesday it has acquired the assets and operations of the New Jersey-based marine services provider Ocean Tech Services.Ocean Tech Services has a decade of experience…
Aqualis Offshore announced Tuesday it has entered into a five-year master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in Singapore, Vietnam…
In what can be construed as another positive sign for the turnaround of the offshore energy markets, Bernhard Schulte Shipmanagement (BSM) said it has set up a new business unit to focus on the oil and gas and offshore energy renewables markets…
Brazil is slowly emerging from one of its worst economic crises with the country’s oil and gas sector no exception, says the EIC’s Pietro Ferreira. Peregrino A platform. Photo from Statoil/ Øyvind Hagen…
Husky Energy has moved forward with its White Rose project offshore eastern Canada by awarding a multi-million dollar engineering contract to the UK's Wood Group. Wood Group will complete detailed engineering for the White Rose topsides…
Prospects are looking up in the US Gulf of Mexico as operators make final investment decisions. EIC’s Jake Gillian outlines activity in the area. The US Gulf of Mexico (GoM) has seen somewhat…
The National Ocean Industries Association (NOIA) board of directors has elected David H. Welch as chairman and John Gellert as vice chairman for the upcoming 2017-2018 term. Welch, Stone Energy president and CEO, becomes the first producer to serve as chairman at NOIA…
Hess Corp.’s Stampede tension leg platform moved one step closer to production Wednesday following completion of an initial pre-production inspection of its topsides by the Bureau of Safety and Environmental Enforcement (BSEE) at the Kiewit shipyard in Ingleside…
Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…
A number of key contracts were awarded in 1H 2016 in Brazil, pointing to a recovery of the local oil and gas sector. The Polvo FPSO (right) while docked at Keppel FELS shipyard. Photo from Keppel…
UK-based engineering firm Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services on the development of the Peregrino field wellhead platform C, offshore Brazil. Wood…
Aqualis Offshore and China Ship Design & Research Center Co. (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC specializes in shipbuilding and offshore engineering services.…
Many companies often try to replicate successful prior projects and one such company that has managed to do so is Houston-based independent Anadarko Petroleum. The Lucius spar. Anadarko Petroleum kept the Heidelberg design 87% identical to Lucius’…
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