Talisman Energy needs more time to decide on an alternative development option for the Yme field in the North Sea. Talisman, the operator of the field, and SBM offshore, the supplier of the troublesome Yme production platform, last year agreed to decommission the platform after multiple delays, and
TAP has taken the decision to re-launch its procurement process, following a review of its strategy and schedule. TAP will therefore initiate new pre-qualifications for goods and services that the natural gas pipeline project requires. The revised pre-qualification process should ensure maximum oppo
The Japan Bank for International Cooperation (JBIC) signed a loan agreement totaling up to USD 126 million with Toyota Tsusho. The loan is cofinanced with The Bank of Tokyo-Mitsubishi and Sumitomo Mitsui Banking Corporation, which brings the overall cofinancing amount equivalent to approximately USD
Trans Adriatic Pipeline (TAP) has taken the decision to re-launch its procurement process, following a review of its strategy and schedule. TAP will therefore initiate new pre-qualifications for goods and services that the natural gas pipeline project requires. The revised pre-qualification process
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company whose shares are quoted in London (AIM) and Dublin (ESM), said it noted recent press speculation concerning farm-out discussions on its Barryroe oil field, located in the North Celtic Sea Basin, offshore Ireland. “P
Reach Subsea has entered into a contract with ExxonMobil for the vessel Stril Explorer. The contract is for light construction work in the North Sea. Further, Reach Subsea has entered into new cooperation contracts with MMT for delivery of ROV services. Total contract value is approximately NOK 15 m
This year saw Jumbo complete stage one in the first offshore installation contract undertaken as main contractor. Using the J-class vessel, Fairplayer, Jumbo successfully installed an FPSO mooring spread for client EnQuest in the North Sea Alma and Galia field. The second stage of the project will
Jumbo has completed stage one in the first offshore installation contract undertaken as main contractor. Using the J-class vessel, Fairplayer, Jumbo successfully installed an FPSO mooring spread for client EnQuest in the North Sea Alma and Galia field. The second stage of the project will take place
Aker Solutions won a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-i
Preparations are being made to drill a second sidetrack on the Pateke-4H development well, offshore New Zealand.
Aker Solutions secures a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32
Russian Maritime Register of Shipping (RS) is to undertake ship construction survey for the Lukoil Group. This project follows the RS effective cooperation with one of the major RF oil companies in developing offshore hydrocarbon resources. RS has signed contracts for the whole range of classificati
FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment
Stabilis Energy signed a definitive agreement to purchase substantially all of the U.S. based assets of Encana Natural Gas (ENGI). Denver-based ENGI is a leading distributor of LNG fuel to domestic high horsepower engine operators in the oilfield, mining, rail, marine, over the road transportation,
