Latest News

 

Schlumberger Profit Beats Estimates

Oct 18, 2019

Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America…

Petrobras Posts Another Major Production Boost

Oct 18, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production boost in the third quarter, as heavy investments in its deepwater, pre-salt zone showed signs of paying off.Investors and analysts have been watching the firm's production figures closely in recent quarters…

Eni CEO: No Future for Firms Working in Just O&G

Oct 18, 2019

There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Friday.'Diversification into renewable energy and the circular economy is crucial,' Claudio Descalzi told financial daily Il Sole 24 Ore in an interview…

TechnipFMC Wins EPCI Contract from Woodside

Oct 18, 2019

TechnipFMC announced on Friday it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.The contract…

Partners Plan Floating Wind Farm in South Korea

Oct 18, 2019

Partners WindPower Korea, EDP Renewables and Aker Solutions will develop a 500 megawatt (MW) floating wind farm off the coast of Ulsan Metropolitan City in South Korea.The consortium was formed as EDP Renewables and Aker Solutions have invested…

Maersk Drilling Scores POSCO Contract

Oct 18, 2019

Maersk Drilling said it has secured a contract Korean operator POSCO International Corporation to operated the drillship Maersk Viking for a three-well campaign offshore MyanmarThe contract is expected to commence in the end of 2019, with an estimated duration of 154 days…

Woodside Makes FID for Pyxis Hub Project

Oct 18, 2019

Woodside said it has made a final investment decision (FID) for the Pyxis Hub project offshore North West Australia.The Australian energy company revealed in its third quarter earnings report that the FID was taken for the project in August 2019…

Online Tool Helps Assess Drilling Safety

Oct 18, 2019

A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association…

Transocean Bags $75Mln New Contracts

Oct 17, 2019

Transocean, the world's 2nd largest offshore drilling contractor, has  added $75 million in new contracts during the third quarter, bringing its total backlog to $10.8 billion with new work in the UK North Sea, Brunei and Egypt.The Switzerland…

Naval Energies, SIDS DOCK to Support OTEC

Oct 17, 2019

A UN-recognized initiative Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy.Under the agreement SIDS and Naval Energies will collaborate…

Seagreen Opts for MHI Vestas Turbines

Oct 17, 2019

Danish wind turbine manufacturer MHI Vestas Offshore Wind has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm.SSE Renewables is building Seagreen Offshore Wind Farm…

Jutal Offshore Wins Contracts Worth $490m

Oct 17, 2019

Chinese oil and gas techincal services company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490mln).The number of new contracts include large-scale core modules construction of Arctic LNG 2 natural gas project…

Polarcus Announces XArray Project in Australia

Oct 17, 2019

Polarcus said it has secured high industry prefunding for a multi-client project in Australia with an approximate duration of one month.The project will commence in the first quarter of 2020 immediately following completion of another XArray project in the region…

Baker Hughes Finalizes Name Change

Oct 17, 2019

Baker Hughes has officially dropped GE from its name after the industrial conglomerate shed majority ownership in the oilfield services company in September.Formerly Baker Hughes, a GE company, the firm will now be known as Baker Hughes, and…

Automated Well Control System Tested

Oct 17, 2019

An Automated Well Control system has been field trialed on a land rig in Aberdeen, a world first, according to the technology's developer Safe Influx.With funding support from Oil and Gas Technology Center (OGTC), the “drilling module” was implemented…

Current News

Schlumberger Profit Beats Estimates

Schlumberger Profit Beats Estimates

Petrobras Posts Another Major Production Boost

Petrobras Posts Another Major Production Boost

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

TechnipFMC Wins EPCI Contract from Woodside

TechnipFMC Wins EPCI Contract from Woodside

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

Maersk Drilling Scores POSCO Contract

Maersk Drilling Scores POSCO Contract

Woodside Makes FID for Pyxis Hub Project

Woodside Makes FID for Pyxis Hub Project

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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