Offshore ///

2H Offshore awarded verification contracts for Stampede field development

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 secures contract extension for Atwood Beacon

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 wins frame agreement with Wintershall Norge

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).

OneSubsea wins FEED contract for Woodside’s Browse FLNG development

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 to cut 6,000 workers amid oil price slump

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.

Brazil is in deep trouble: DW Monday

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.

Aqualis Offshore wins Mexico rig support contract

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 Singapore successfully delivers subsea projects to Asia Pacific

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.

FPSO Cidade de Itaguaí arrives in Lula field

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, Repsol start production at Perla gas field offshore Venezuela

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.

Baker Hughes bags integrated drilling services contract for Johan Sverdrup

Statoil has awarded Baker Hughes Norway the onshore contract for integrated drilling services for Johan Sverdrup.

Norway baffles analysts by ceding 15 MMbbl from 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.

Quadrant Energy spuds Levitt-1 well offshore Western Australia

Karoon Gas Australia has commenced the high impact Levitt-1 exploration well in WA-482-P Carnarvon basin, offshore Western Australia.

Drydocks World delivers world’s largest turret mooring system

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 bags process systems delivery contracts for Johan Sverdrup

Fjords Processing has won three contracts for the delivery of process systems for the Johan Sverdrup development in the North Sea.

Subsea 7 installs world's first subsea wet gas compressor at Statoil's Gullfaks platform

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 spill deal is ‘catalyst’ for acquirers as uncertainty ends

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.

Indian tycoon plans to invest $2.5 billion in Brazil oil and gas

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.

Millions from BP settlement to benefit Texas Gulf Research

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 launches MexicoSPAN in Mexico’s offshore Gulf waters

ION Geophysical Corporation has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data.