Offshore News

 

Swiber bags second Indian EPIC order

Mar 26, 2015

Singapore’s Swiber Holdings clinched a sum of US$405.6 million for a series of contracts, including its latest $333 million agreement for engineering, procurement, installation and construction (EPIC) services in India. This contract…

Siemens upgrade to 7MW wind turbine

Mar 13, 2015

Siemens has introduced the new Siemens SWT-7.0-154, a generator upgrade to seven megawatt (MW) which delivers nearly ten percent more energy production than the predecessor under offshore wind conditions.  Stronger permanent magnets…

Royal IHC forms IHC IQIP

Mar 06, 2015

Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, operating under the name IHC IQIP.  All four IHC business units have already proved their capabilities on a global scale…

Cuts will get worse before market improves

Mar 03, 2015

Industry cost-cutting and job cuts will get worse before it gets better, industry leaders told a business seminar in Aberdeen on 3 March. But, despite the gloom, they also said that the industry also needed to send out a more positive message…

Petrotechnics' Proscient installations completed

Feb 25, 2015

Petrotechnics has completed the implementation of its Proscient software platform on two UK offshore assets operated by Nexen Petroleum UK, a wholly owned subsidiary of China National Offshore Oil Corp. The platform will play a key role…

Applus RTD's Plant Master and DTI Trekscan

Feb 11, 2015

Applus RTD will exhibit its RTD Plant Master technology at several upcoming conferences in the coming months. RTD Plant Master is a permanently installed, monitoring system, based on ultrasound, which provides continuous wall thickness…

OMV - Production targets to suffer

Jan 29, 2015

Austria's OMV says it is to delay projects, setting back its production targets, due to the 'rapid fall' in oil prices. CEO Gerhard Roiss said the fall in Brent oil prices by 58% since a high in mid-2014 represented a 'seismic shift' for the industry…

Bentley touts SACS V5.7 benefits

Jan 28, 2015

Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the ProjectWise project delivery solution as well as enhanced integration with both MOSES and AutoPIPE…

Seabird inks West Africa seismic

Jan 19, 2015

SeaBird Exploration has signed a letter of intent for use of the Northern Explorer for a 2D seismic survey offshore West Africa. The survey will cover about 1700km and is worth about US$1.3 million. The project is expected to start in February and last two weeks.

First Canadian contract for R2S

Jan 14, 2015

Return To Scene has won its first contract for the R2S photographic capture in Canada via Canadian distributor NSB Energy. Work on the contract, worth about US$ 800,000, has already started, said the firm. Return To Scene’s innovative…

Kosmos eyes Irish prizes

Dec 08, 2014

Kosmos Energy and partner Europa Oil & Gas are eyeing exploration drilling on new prospects offshore Ireland following new 3D seismic data on frontier exploration licenses (FEL) 2/13 and 3/13 licenses in the South Porcupine Basin. Kosmos Energy acquired the new 3D seismic in 2013…

Total chooses Bibby for Grant and Ellon

Nov 14, 2014

Bibby Offshore has won a multi-million pound contract award by Total E&P UK for services in the UK North Sea. The project, including associated project management and engineering, will be carried out on the Ellon and Grant field, 270 miles north-east of Aberdeen and in up to 135m water depth…

Licensing round not all roses

Nov 09, 2014

Underlying structural issues with the North Sea exploration sector will need to be ironed out before the true impact of the latest licensing round and other recent UK licensing rounds is known, says oil and gas advisory firm Hannon Westwood…

Atkins wins ADMA-OPCO contract

Nov 09, 2014

Atkins has been awarded two contracts by Abu Dhabi Marine Operating Company (ADMA-OPCO) for structural analysis services worth over US$3 million.  The work will support ADMA-OPCO’s expansion program for its offshore production facilities…

ME: Gas and technology hungry

Nov 09, 2014

Middle East upstream growth will continue despite the current oil price dip, and the region is technology hungry. Hugh Fraser, Managing Partner, Dubai, for law firm Andrews Kurth, explains.  The Middle East upstream market is growing…

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