US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…
Ship cranes manufacturer Liebherr-MCCtec Rostock GmbH together with China's Yantai CIMC Raffles Shipyard signed a contract concerning the delivery of a board offshore crane, type BOS 2600.The German maritime cranes maker said BP will use the…
UK focused independent i3 Energy announced that the Borgland Dolphin semi-submersible drilling rig has arrived on location at the Liberator field and that the LPt-02 pilot well has now been spud.The results of the LPt-02 well will allow the…
Russian oil giant Rosneft announced it has signed a cooperation agreement with the National Petroleum Institute (Instituto Nacional de Petróleo, INP) and a memorandum with Mozambique's state-owned Empresa Nacional de Hidrocarbonetos on Thursday to develop natural gas fields in Mozambique…
Engineering firm Wood said it has appointed Paul Leonard as President of Operations Services in its Americas business to succeed Tim O’Leary, who is retiring from the company after a 20-year tenure.Wood’s Operations Services business complements…
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater PowerNap project, located in the US Gulf of Mexico, the services company announced on Thursday.The award, an integrated…
Oil and gas companies working in Norway have slightly cut their 2019 investment forecasts since May, a survey by the country's statistics agency (SSB) showed on Thursday.While 2019 investments are still forecast to hit a four-year high, it is…
Premier Oil will announce a second reserves upgrade for its Catcher oilfield in the UK North Sea at the end of the year, Chief Executive Officer Tony Durrant told Reuters on Thursday.The field has reached a plateau production rate of 70,000 barrels of oil equivalent per day…
Global floating production services provider BW Offshore has confirmed a one-year extension for the lease and operation of the FPSO Petroleo Nautipa on the Etame field offshore Gabon for VAALCO Energy.BW Offshore, which owns a fleet of 15 floating production…
Mooring equipment supplier FMS announced on Thursday it has secured a three-year, eight-figure contract with BP for the provision of mooring equipment for its North Sea operations.The contract commenced in July 2019.FMS Managing Director Steven…
The Abu Dhabi National Oil Company (ADNOC) has awarded three multi-billion-dollar contracts for the procurement of casing and tubing, the United Arab Emirates state-owned oil company announced on Wednesday.The contracts – awarded to Consolidated Suppliers Establishment…
Subsea services provider Rever Offshore said it it has completed multiple projects within the North Sea in 2019, building upon existing frame agreements which has allowed clients quicker access to its fleet of specialized subsea support vessels and team…
A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $159.4 million in high bids, government officials said.Combined with a March auction that drew $244.3 million in high bids, the total was the highest annual bid level since 2015…
Fluid transfer systems provider FES International said it has secured four new orders to deliver is Diver Bend Stiffener Connectors (DBSCs) to projects across Asia, Africa and Europe.The 31 DBSCs will be supplied for projects taking place in the Johan Castberg field in the Barents Sea…
Trelleborg announced on Wednesday that its offshore operation has been awarded a fast track contract to produce more than 80 laminated elastomeric bearings for floating production storage and offloading (FPSO) vessel operator MODEC.The first…