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 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 (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…
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 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 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…
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…
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 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$1.3 million. The project is expected to start in February and last two weeks.
Return To Scene has won its first contract for the R2S photographic capture in Canada via Canadian distributor NSB Energy. Work on the contract, worth about US$ 800,000, has already started, said the firm. Return To Scene’s innovative…
Kosmos 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…
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…
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 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…
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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