News

Noble Corp., in the midst of receiving the last in the chain of its newbuild rigs this year, is pushing ahead with its plans to pursue the development of a ...

GE Oil & Gas is to supply Petronas of Malaysia with turbo­machinery for the oper­ator’s second Floating LNG facility, the PFLNG II. 

Business Briefs for Nov. 20

Local content is an issue that is not far from the thoughts of any oil company or contractor involved in the offshore sector,  most notably in West Africa and Brazil.

BP has asked a US federal judge to limit its maximum pollution penalty to $3,000/bbl rather than $4,300/bbl proposed by the government in the ongoing aftermath of the ...

Exclusives

The Eastern Gulf of Mexico and the Pacific Outer Continental Shelf have vast potential, NOIA and API surveys conclude.

Apache Energy's ambitious plans include a major investment in the subsea fields, primarily Ness...

Companies make plans for seismic work in search of finding oil and gas offshore.

The industry is standardizing equipment and cutting costs while advancing into harsher environments with increasingly complex new technologies.

Centrica is considering an FPSO solution for the redevelopment of the East Frigg fields in Norway.

Exploration

Ocean Floor Geophysics, in cooperation with Fukada Salvage and Marine Works, has completed a high-resolution CSEM survey of gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology in Japanese waters. 

Production

Kazakhstan’s $48 billion Kashagan oil project in the Caspian Sea will definitely resume output by 2017 after partners replace pipelines, said Arnaud Breuillac, Total SA’s president of exploration and production.

Sembcorp Marine announced that its subsidiary PPL Shipyard has secured a $240 million contract to build a new jackup drilling rig from BOT Lease Co. Ltd. 

The company may spend several billion dollars over this decade on an effort it’s calling Project 20K.

Subsea

Floater Briefs for Nov. 20

Project Briefs for Nov. 20

The offshore contracting business is getting increasingly crowded as several new players are getting their foot in the door.

Business Briefs for Nov. 6

The current vicissitudes of the offshore industry hardly need to be spelled out, but sometimes getting real numbers explains why it all hurts so much - development and exploration costs are rising, forcing operators to pull back on projects and contracts.

Technology

Aibel has been awarded the contract for hookup and commissioning of Goliat FPSO unit before startup at the Goliat Field. 

Höegh LNG Holdings Ltd. has announced the signing of a Letter of Intent with EGAS of Egypt for an FSRU  Time Charter Party contract. 

Two new 150-ton bollard pull anchor handling offshore support vessels being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will be powered by Wärtsilä integrated propulsion systems.

The agreement, with Subsea 7, covers a variety of diver and ROV-mounted uses in an offshore energy setting, according to a news release. 

Asset Guardian Solution Ltd.’s (AGSL) software management platform Asset Guardian has been chosen by BP to manage the process control software used to operate Quad 204, according to a news release.