In this video, BP shows an overview of its recently sanctioned Mad Dog Phase 2 project. The supermajor sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico on 1 December, with the anticipation of first production set to start in late-2021…
Shareholders of both US-based underwater tech firm FMC Technologies and French engineering house Technip have voted to approve the proposed business combination of the two companies, the firms announced today (5 December). The merger was announced back in May…
Japan's Mitsui & Co. has reached an agreement with Shell to acquire 20% working interest in the supermajor's 100%-operated Kaikias and Circius fields in the US Gulf of Mexico, the firm announced on 5 December. The two fields sit in four blocks (MC-767…
Fugro has decided to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea. On 4 August 2016, Fugro announced that it had signed an agreement for the sale of its subsea services business in Asia Pacific to Shelf Subsea…
Offshore Wind Consultants Ltd. (OWC) has been appointed by a Taiwanese renewables company to provide consultancy services related to wind turbine installation vessels and their suitability for different wind turbines and site locations offshore Taiwan…
BP has begun drilling a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region, the supermajor announced 5 December. The well, being drilled with partners Perenco and Premier…
The Subsea Integration Alliance (a collaboration between Schlumberger, OneSubsea, and Subsea 7) has been awarded a deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
Decommissioning is now firmly on the North Sea oil and gas industry’s agenda. Some US$21.98 billion is forecast to be spent on decommissioning UK North Sea facilities in the next 10 years.* As the number of operational platforms decreases and the pace of decommissioning increases…
Audrey Leon speaks with California-based Materia about a resin the firm hopes will make waves for subsea thermal insulation and other deepwater buoyancy applications. Proxima thermoset norbornene resins create composites…
Woodside Energy awarded Subsea 7 a sizeable contract valued between US$50 to $150 million for the Greater Western Flank Phase 2 (GWF-2) project, offshore Australia. The Greater Western Flank is on the North West Shelf of Australia, 60km southwest of the Goodwyn Alpha (GWA) platform…
Siemens Wind Power has launched its first customized turbine transport vessel in Esbjerg, the Rotra Vente, with a sister ship on the way next year. Image of the Rotra Vente, from Siemens. Sea…
Norway’s Petroleum Safety Authority (PSA) carried out an audit of operations, maintenance and pressure safety focused on Statoil's and Gassco's land organizations and the Heimdal main platform (HMP) and Heimdal riser platform (HRP). The audit was conducted between 22 and 29 September 2016…
Seadrill received a notice of termination from Tullow Ghana for the West Leo drilling contract effective 1 December 2016. The West Leo, from Seadrill. “Tullow has purported to…
Höegh LNG inked a floating storage and regasification unit (FSRU) contract with Quantum Power Ghana Gas for the Tema LNG import terminal located close to Accra in Ghana. The Tema LNG Project is supported by the Ghana National Petroleum Corp…