Browse the latest offshore & subsea news and articles.
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.
ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.
The contract follows a successful 2017 for Bureau Veritas’s North Sea Offshore Operations, after it secured contracts worth more than £10 million.
Sembcorp Marine Ltd has announced that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a contract from TechnipFMC to undertake the Engineering, Procurement and Construction of Hull and Living Quarters for a newbuild Floating Production, Storage and Offloading vessel (FPSO).
Neptune has announced the award of subsea stabilisation services for the Daman field development project in Mumbai High, India.
Minor oil discovery north-west of the Gjøa Field in the North Sea – 35/9-13, 35/9-14 and 35/9-14 A
A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.
Byron Energy Limited has announced that production has commenced at its flagship South Marsh Island Block 71 (SM71) oil development, in the shallow water of the Gulf of Mexico.
OKEA has announced that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D license, covering the Grevling oil discovery in the Norwegian North Sea.
Following an independent assessment of Rovco’s quality management systems, the Bristol-based company received the internationally recognised ISO certification to the latest 2015 standard.
SBM Offshore has announced that the first steel cut for the hull of its standardised Fast4Ward FPSO took place at the SWS yard in Shanghai, China on Friday March 23, 2018.
The Oil & Gas Innovation Centre (OGIC) has invested more than £300 000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.