2H Offshore, an Acteon company, has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico.
Atwood Oceanics announced Monday that one of its subsidiaries had reached an agreement for a six-month extension of its existing contract with Eni S.p.A. for the jackup rig, the Atwood Beacon.
DNV GL has been selected by Wintershall Norge AS to provide a frame agreement for global inspection services for its developments offshore Norway. The overall contract is expected to exceed NOK 10 million (about $1.2 million).
Woodside Energy and OneSubsea, a Cameron and Schlumberger company, announced Monday that OneSubsea has been awarded a front-end engineering and design (FEED) contract for the proposed Woodside-operated Browse FLNG Development offshore northwest Australia.
Technip will accelerate its cost reduction and efficiency efforts worldwide through a restructuring plan in response to the downturn in the oil and gas market.
Petrobras has long been a pioneer in the adoption and deployment of deepwater technology. This has enabled them to build huge reserves of some 16 Bbbl of oil. Converting these reserves to production, however, is another matter and Petrobras has a history of setting ambitious targets, with a poor record of meeting them.
MEXICO CITY -- Aqualis Offshore has been contracted by Perforadora Mexico to support with the transportation and installation of a platform rig for a fixed platform offshore Mexico.
Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), has expanded its foothold in the Southeast Asian oil and gas sector by securing a series of contracts in the first half of 2015.
The floating production, storage and offloading unit (FPSO) Cidade de Itaguaí is now anchored in the Iracema Norte area of Lula field, in the pre-salt layer of the Santos basin, off the coast of Rio de Janeiro.
Eni has started production from the giant gas field Perla, in the Gulf of Venezuela. The first production well has been opened and is currently in the clean-up phase.
Statoil has awarded Baker Hughes Norway the onshore contract for integrated drilling services for Johan Sverdrup.
No one can accuse the Norwegian government of being greedy when it last week decided on the ownership stakes in the giant Johan Sverdrup oil discovery.
Karoon Gas Australia has commenced the high impact Levitt-1 exploration well in WA-482-P Carnarvon basin, offshore Western Australia.
Drydocks World has marked a major milestone in successfully completing the world’s largest turret mooring system at Shell's Prelude FLNG off Australia.
Fjords Processing has won three contracts for the delivery of process systems for the Johan Sverdrup development in the North Sea.
After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Statoil's Gullfaks C platform in the North Sea.
BP’s $18.7 billion U.S. legal settlement is being cheered by investors and analysts as it ends five years of financial uncertainty. It also makes the British oil producer a more attractive takeover target.
Videocon Industries Ltd., an Indian maker of consumer electronics with ambitions to become a major energy producer, plans to invest as much as $2.5 billion over three years in Brazilian oilfields, Chairman Venugopal Dhoot said.
With Thursday’s announcement that BP has settled federal, state and local claims related to the 2010 Deepwater Horizon oil spill for a total of more than $18.7 billion, leaders with Texas’ RESTORE Centers of Excellence are moving forward with plans to use millions in spill-related Clean Water Act funding on research and science activities that will benefit Texas and help to restore the health of the Gulf of Mexico.
ION Geophysical Corporation has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data.