Audrey Leon looks at how BP’s new approach to working with its suppliers have led to quicker project start-up (First published in OE January 2018, view the full issue here). The Juniper platform offshore Trinidad and Tobago…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
Just days after announcing the US would make 90% of the country's Outer Continental Self (OCS) open to future oil and gas lease sales, US Secretary of the Interior Ryan Zinke said he would take Florida off the table after the state's governor…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has formed a turnkey subsea projects group. The move will allow C-I to provide subsea services with the backing and support of the diverse family of companies with the ECO group. C…
Oceaneering International has secured a contract from Norwegian giant Statoil to supply umbilicals for the Johan Castberg Project in the Barents Sea. Field illustration. From Statoil. The contract is for dynamic and static control umbilicals…
A Boston-based private equity firm ArcLight Capital Partners has acquired a 26.5% non-operated stake in Shell's Perdido Regional Host from BP. The Perdido Regional Host spar platform is the only deepwater production facility serving the Gulf of Mexico’s Perdido Foldbelt Trend…
Subsea contractor Kreuz Subsea has been contracted by Larsen & Toubro (L&T) to mobilize five vessels to deliver subsea completion works on India's Oil & Natural Gas Corp.'s (ONGC) pipeline replacement project (PRP4) and Daman field development…
Tullow Oil has awarded a contract to UK-based carbon composite pipe manufacturer Magma Global for 2.5km of flowline for the deepwater TEN project offshore Ghana. TEN, which comprises the Tweneboa, Enyenra, Ntomme (TEN) fields, came onstream in August 2016 via MODEC’s Prof…
Norway-headquartered Aker Solutions has agreed to provide duty holder services for UK firm Marginal Field Development Company (MFDevCo). MFDevCo is targeting marginal field development projects globally, using normally unmanned installations or self installating fixed towers…
Elaine Maslin reports on how the oil and gas industry is getting more data from downhole thanks to fiber optics (First published in the December 2017 OE, access the full issue here). The big data revolution is being felt in the oil and…
OOS International Group’s newest semisubmersible accommodation vessel, the OOS Tiradentes, will head to Brazil next month for a contract with Petrobras. Source: OOS International The OOS…
Israel's Delek Group is setting the firm's exploration sights on US offshore, particularly in the shallow waters of the Gulf of Mexico. The firm announced a strategic partnership with GulfSlope Energy and Texas South Energy. The companies say that Delek subsidiary…
Two huge concrete gravity based wind farm foundations have set sail from Ostend, Belgium, for the Kriegers Flak offshore wind farm in the Baltic Sea, says Jan De Nul Group. It's only the third wind farm to use gravity based foundations in Europe…
Rig operator Rowan Companies has purchased two LeTourneau Super 116E jackup rigs, the P-59 and P-60, which were both delivered new into service in 2013, in a public auction from a subsidiary of Petrobras for US$38.5 million per unit. As previously reported in May 2017…
Petrofac has been awarded a Rotating Equipment Management Services contract in support of Chrysaor’s operations on the UK Continental Shelf. Under the 12-month agreement, Petrofac will provide fully integrated services across Chrysaor’s Armada…
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