Leased floating production firm SBM Offshore has agreed a $470million settlement deal with operator Talisman which will see the troubled Yme platform scrapped.Completion of the mobile offshore production unit (MOPU) had suffered delays after…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
This year’s group of Spotlight Award winners at the Offshore Technology Conference (OTC.13) brings advances in all areas of offshore activity. Advances were generated in drilling, logging, operational control, robotic intervention and more…
The Skarv FPSO is BP’s first Norwegian greenfield project since 2001. Elaine Maslin explains the details. Sitting just 50km from the Arctic Circle in 350-450m of harsh waters, the Skarv FPSO is a milestone for BP. It is the firm’s first…
Keppel wins new business Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million (US$161.54 million) from repeat customers…
SBM Offshore has agreed to the sale and transfer of GustoMSC to private equity group Parcom Capital for a consideration of approximately $185 million, to be paid in cash at closing. The sale is a first step in the divestment of some $400 million worth of non-core assets announced this summer…
Following the delivery of its flagship combined pipelay and heavy lift vessel, Seven Borealis, last summer, international diving contractor Subsea 7 continues to expand its fleet. Meg Chesshyre takes a look at recent new vessels ordered by Subsea 7…
Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…
SBM Offshore has signed a commercial development agreement with modular gas to liquid solutions provider CompactGTL to work exclusively together on the marketing and execution of projects involving associated gas challenges for offshore oil fields…
Carlos PintoUTEC has been awarded a multi-year framework agreement with SBM Offshore, the company announced on 27 November 2012.UTEC will provide offshore survey and positioning services carrying its construction vessel fleet, initially…
Brazil’s oil & gas potential continues to grab the industry headlines, with Petrobras confirming more than a score of offshore discoveries, most of them deepwater, in the last 18 months alone. Newcomer OGX confirmed a number of discoveries too…
Peter van Rossum will join SBM Offshore as CFO on 2 July. He has been CFO of Unibail-Rodamco SE and its predecessor Rodamco Europe since 2006, and prior to this served Royal Dutch Shell 24 years in Europe, the Middle East, the US and Asia.
Sietze Hepkema, a Dutch qualified lawyer and former partner with Allen & Overy, has joined SBM Offshore as chief governance and compliance officer and will serve on the company’s management board. The appointment follows a recent review of the company’s compliance procedures…
Technology is a key enabler for Shell, Matthias Bichsel, director of the supermajor’s Projects & Technology business, told a two-day briefing at the Rijswijk technology centre in The Hague this spring. Meg Chesshyre joined the tour of the company’s iScope…
One portion of the Golden Triangle – the Gulf of Mexico – has slipped a notch in its dominance of the global deepwater play while activities in the other two corners – West Africa and Brazil – amped up. In addition, a new region has joined the report this year…
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