Technip, in anticipation of further challenges in the oil and gas industry, launched a restructuring plan and accelerated its cost reduction plans to reinforce the company through and beyond the downturn, the French company reports. The company targets a savings of €830 (US$918) million…
Siem Offshore Contractors awarded JDR a subcontract to supply submarine composite power cables and related accessories as well as termination and testing services for the Veja Mate offshore wind farm. The project has been developed with the support of K2 Management as technical…
China’s national oil companies, Sinopec and CNOOC, want more interests in Brazil’s oil and gas assets, reports Seeking Alpha. The two companies bought into Brazil’s giant deepwater oilfields two years ago, and now seek to increase their holdings as Petrobras continues to sell assets…
Saipem awarded Alderley a contract to design, engineer and fabricate two FPSO-produced water treatment packages for the Kaombo FPSO Project in Angola. The project will be undertaken by Alderley Process Technologies, a subsidiary of Alderley…
As of June, Aptomar, a provider of integrated field monitoring sensors, systems and services for the oil and gas industry, has delivered its CTO services to 20 drilling campaigns for operators on the Norwegian Continental Shelf since 2013…
Siemens has received an order to supply, erect and commission 91 of its 6 MW direct drive wind turbines for an offshore wind power plant located in Great Britain. The wind turbines have a total capacity of up to approximately 580 MW, with a rotor diameter of 154m…
Self-propelled self-elevating support vessels (SESVs) provider Gulf Marine Services (GMS) was awarded its first decommissioning contract for one of its large class vessels in Europe. Image from GMS…
UK-based explorer Ophir Energy announced today (6 July) that it will shutter five of 11 offices and reduce its staff as part of a cost reduction program put in place following its acquisition of Salamander Energy. Ophir said the cost…
Quadrant Energy Australia spudded the high impact Levitt-1 exploration well in WA-482-P Carnarvon basin, offshore Western Australia, according to partner Karoon Gas Australia. Map of Levitt-1. From Karoon…
RigNet Inc., a Houston-based global provider of remote-managed offshore communications, telecoms systems integration services and collaborative applications to the oil and gas industry, was awarded a multi-year contract to deliver high-quality…
Petrobras will sell its 20% interest in the Bijupirá and Salema fields, currently operated by Shell, to PetroRio for US$25 million, the Brazilian national announced. The fields are located in Campos Basin, in water depths ranging 480-850m…
ION Geophysical has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data. Combined with ION’s YucatanSPAN, GulfSPAN and FloridaSPAN programs, MexicoSPAN will deliver complete, basin-wide regional view of the Gulf of Mexico…
Cardón IV S.A. started production at the giant Perla gas field’s first well in the shallow waters of the Gulf of Venezuela. Map of Perla. From Repsol. Perla, Latin America’s largest offshore gas field…
Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system. At almost 100m-high, weighing more than 11…
International offshore marine and engineering consultancy Aqualis Offshore has been contracted by Perforadora Mexico to support with the transportation and installation of a platform rig for a fixed platform offshore Mexico. Under the contract…
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