Australia's Woodside Energy has signed production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, offshore Myanmar, paving the way for the company to start exploration work in the basin. The Blocks were awarded to the company in the 2013 Myanmar Offshore Bid Round…
Imtech Marine is supplying a heating, ventilation and air conditioning (HVAC) system to the 6000-tonne Alba B3 greenfield compression platform, currently under construction for Marathon E.G. Production. To be located in Equatorial Guinea…
Several floating wind turbines have been installed in recent years, with operational turbines in Norway, Japan and Portugal. Floating turbines have several benefits over their conventional counter-parts – firstly, they are more economically efficient…
Subsea firms FMC Technologies and Technip are forming an exclusive alliance and launching Forsys Subsea, a new 50/50 joint venture. The firms say the alliance will 'redefine the way subsea fields are designed, delivered and maintained'…
Royal Boskalis Westminster N.V. (Boskalis) increased its stake in Fugro to 25.1%, just four months after acquiring 14.8% in the company. Image from Boskalis. In a statement, Boskalis…
Tenaris is launching its next generation of coiled tubing, BlueCoil. Tenaris developed BlueCoil technology using innovative steel designs and proprietary manufacturing processes. The end result is a coiled tubing string with a vastly…
Technip awarded UTEC Survey a three-year master service agreement (MSA). The award confirms a three-year extension to its current North America MSA with Technip, an agreement which encompasses a full range of survey services including…
Det norske oljeselskap ASA elected Kjell Pedersen to the company’s board of directors. As a consequence of this appointment, Pedersen decided to resign from his duty as chairman of the board for Aibel AS. Tom Røtjer has at the same time resigned from his duty as member of the board…
Independent Oil and Gas (IOG) announced that further to the award of Block 48/22c in the UK 28th offshore licensing round, the license area has been increased by 42sq km to the South and now contains the Hambleton discovery, in the North Sea…
For the 2014 financial year, VIKING Life-Saving Equipment A/S has again managed to lift both its top and bottom line to record levels. Turnover grew 7% to US$250 million, and pre-tax profits reached $26.5 million – an increase of 30%. VIKING’s…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
No hydrocarbons were intersected at Karoon Gas Australia’s Kangaroo West-1 offshore Brazil. Map from Karoon. The exploration well, located in exploration block S-M-1165, reached its planned total depth of 3170m…
The UK offshore industry’s new regulator is to be given powers to fine oil and gas producers up to £1 million, and potentially £5 million, and to revoke licenses, under certain circumstances, it has been announced. Under a string of new…
UK-based North Sea explorer Independent Oil and Gas (IOG) has added the Hambleton discovery to its assets after its license covering block 48/22c was extended by 42sq km. IOG was awarded the block, which also contains the Elgood discovery…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
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