KBR joint venture has been awarded two FEED contracts
The contracts have been awarded by the Azerbaijan International Oil Company for Azeri Central East Project.
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The contracts have been awarded by the Azerbaijan International Oil Company for Azeri Central East Project.
Subsea technology company, Rovco, has secured Innovate UK funding to develop a cutting-edge 3D visualisation system as part of a two-part Artificial Intelligence demonstrator project potentially worth £1 million.
The move is a response to increasing demands for ship-to-ship transfers to support Brazil’s soaring oil exports.
The collaboration between the two companies saw them identify and map oil seepage off the coast of California.
ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs), is to immediately increase its fleet by 50% to meet ongoing customer demand following a funding boost of £56 million.
Repsol has submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.
The combined awards are valued at around US$60 million.
The oil and gas industry has just 18 months to upgrade critical release hook systems on offshore lifeboats to meet new regulations imposed by the International Maritime Organisation (IMO) to improve safety at sea.
Project costs for subsea field reduced by more than 20%. Production in Norway to increase to more than 100 000 boe/d.
The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.
Test subjects variable speed drive (VSD) to simulated harsh subsea environment proving reliability of concept as Joint Industry Project team pushes boundaries of traditional product development.
Global mooring specialist Delmar Systems, Inc. has entered a partnership with leading pipelay equipment provider Maritime Developments (MDL), to set up a flex-lay base in the USA.