Bumi Armada has suspended the bare-boat charter (BBC) and operations and maintenance (O&M) contracts on the FPSO Armada Perdana to Erin Energy Corp. due to delayed and irregular payments. The deals are between Bumi Armada’s wholly owned subsidiaries Armada Oyo Ltd…
Legeneering Australia was awarded a key, long-term offshore maintenance services contract for Woodside-operated floating production storage and offloading facilities (FPSO). The contract is for an initial period of five years with a further two extension options of one year each…
Matt Jones and Jim Sokolowski, of Tessella, show how data analytics can give insight into corrosion rates to reduce risk and maintenance costs. Riser and slip joint on a semisubmersible oil rig…
Hess Corp. signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations and maintenance, integrity management, subsea, and decommissioning services. The…
Statoil Petroleum has awarded to Oceaneering International business unit Asset Integrity a three-year operational inspection frame agreement extension. Under the agreement, the Oceaneering unit will develop and implement inspection and…
Engineering company Monadelphous Group has been awarded a major, long-term offshore maintenance services contract for Inpex Operations Australia associated with the Ichthys LNG project. The contract is for an initial six years with a further two…
Centrica is planning a US$77.66 million (£60 million) investment in its operations in Morecambe Bay, in the East Irish Sea, off the west coast of England, to boost output. The campaign will unlock up to a further 3 Bcf of gas under the…
The oilfield service (OFS) industry can, at times, be intimidating in its complexity and depth. Furthermore, mega-mergers (e.g. GE – Baker, Technip – FMC, Wood Group – Amec Foster Wheeler) have created a supply chain that no-longer has homogenous…
Greg Myers, of GE Oil & Gas, explains how the digital transformation of offshore assets enables a competitive advantage by reducing excessive inspection and maintenance costs and increasing uptime with real-time operational data. Fig…
Engineering teams from UK-based subsea connector specialists Hydratight and Norwegian technologists Connector Subsea Solutions (CSS) have completed a milestone deepwater pipeline repair in Western Australia. A 4in MEG line, owned by a major national oil company (NOC)…
Aker Solutions has agreed to acquire oil-services provider Reinertsen for nearly US$25million in a move to build on its position as a leading maintenance and modifications supplier offshore Norway. Image from Aker Solutions…
Sparrows Group has won a three-year deal to deliver fixed crane maintenance and lifting and rigging services for the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia. The agreement includes maintenance, servicing and inspection of lifting equipment and cranes…
GE and Noble Corp. have entered a partnership to collaborate on the Digital Rig(SM) solution, enabling data-driven operational efficiency by using data analytics, with the target of a 20% reduction in operational expenditure across the rigs…
Wood Group has been awarded a US$50 million contract with Premier Oil, to deliver topside operations and maintenance services to the Balmoral floating production vessel (FPU) in the central North Sea and the Solan installation, West of Shetland…
Actemium Angola and Actemium Oil & Gas Maintenance have been awarded an offshore multidisciplinary maintenance contract by Total E&P Angola. Under the multi-year agreement, Actemium will continue the offshore maintenance of the Girassol…
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