Browse the latest offshore & subsea news and articles.
Al Yasat Company for Petroleum Operations (Al Yasat), a subsidiary of the Abu Dhabi National Oil Company (ADNOC) has awarded the Engineering, Procurement and Construction (EPC) contract, for the full development of the offshore Bu Haseer field, to Abu Dhabi’s National Petroleum Construction Company (NPCC).
MODEC, Inc. has announced that its subsidiary, MODEC International Inc., has been awarded a contract by ConocoPhillips Australia, as operator of the Barossa joint venture, for the Front End Engineering Design (FEED) of a Floating Production Storage and Offloading (FPSO) vessel for Australian waters.
Following FEED and subject to requisite government approvals, project sanction and an authorisation to proceed with the next phase, SBM Offshore will construct, install and then lease and operate the FPSO for a period of up to 2 years.
The capital expenditures for the project are estimated at NOK 7.8 billion, helping extend the productive life of the Troll field beyond 2050.
This FID adds momentum to Shell’s North Sea production growth, following the decision to redevelop the Penguins field in the northern North Sea.
Panoro Energy has announced that following the progress on commissioning, the Floating, Production, Storage and Offloading (‘FPSO") vessel, BW Adolo has now left Singapore and is in route to the Tortue field, part of the Dussafu block offshore Gabon.
Chrysaor is focused on the development and commercialisation of dormant oil and gas discoveries and incremental reserves. The company acquired stakes in 10 North Sea fields from Shell last year.
The contract covers the Engineering, Procurement and Construction of subsea equipment including 9 subsea tree units as well as wellheads, subsea control systems, connection systems and associated equipment.
The bid round, scheduled to close on September 28, offers four blocks in Brazil’s pre-salt area, but three of these were already offered in previous rounds and received no bids.
Global integrated subsea services business, Kreuz Subsea, has appointed Jerry Starling as director of diving and ROV operations.
Seabed Geosolutions has been awarded a series of 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the US Gulf of Mexico.
Nexans has been awarded a major contract to provide complex umbilicals with power, fibre-optic and hydraulic elements for the next stage of the multi-phased Snøhvit development.