Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…
BP Azerbaijan awarded London's Wood Group a £36 million (US$60 million) call-off contract for the Shah Deniz 2 project under a 2007 global agreement. The contract covers subsea engineering and project management services during the subsea execute phase…
2H Offshore appointed Paul Hopkins as principal engineer to develop 2H Offshore’s growing client base in Norway. Hopkins worked for 2H Offshore from 2001 - 2006 on a diverse range of riser projects, including Exxon’s Kizomba A and B developments and BP’s Shah Deniz project…
Husky-CNOOC Madura awarded Malaysia-based Bumi Armada Offshore Holdings and its joint venture company PT Armada Gema Nusantara a contract to provide the floating production, storage and offloading vessel (FPSO) for the Madura BD Field, approximately…
Keppel Offshore & Marine subsidiaries Keppel Shipyard and Keppel Singmarine Pte have secured contracts worth a total of S$368 million for North Sea and Caspian Sea projects. Keppel Shipyard has won the contract for the conversion…
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the Shah Deniz field phase 2 development offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package…
Siemens Energy has received an order to deliver customized direct electrical heating (DEH) power supply systems for ten subsea flow lines, with an option for two additional systems. The customer is BP Exploration and all the systems are…
With the subsea construction vessel (SCV) associated with the Shah Deniz Phase 2 natural gas development expected to hit the waters in April 2017, contracting for the project is in full swing. Two more major contracts totaling nearly US$500 million announced 23 April…
DEH cable being placed into the traditional protection system, which is a labor and time intensive process. Images from Nexans. Exploration and production in harsher environments and deeper waters…
Saipem has been awarded a new engineering and construction contract in the Caucasus region and some new drilling contracts in the Middle East, for a total value of about US$750 million. In the E&C onshore sector, Saipem has been awarded by the Shah Deniz consortium…
The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…
The Shah Deniz development is based on Technip's proprietary platform: TPG 500. Take a closer look as the self-installing platform is placed in the Caspian Sea.
As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…
The BP-led consortium operating the Shah Deniz field development in Azerbaijan has awarded US$750 million in jackets, subsea fabrication and supply contracts for Stage 2 of the $28 billion project. BP announced that BOS Shelf LLC and…
Partners in the Shah Deniz gas field consortium in Azerbaijan have decided to go ahead with a stage 2 development of the Caspian Sea field, opening its sources to Europe. This decision triggers plans to expand the South Caucasus Pipeline (SCPX) through Azerbaijan and Georgia…
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