Most Recent Offshore Oil Field Development

McDermott wins order for 12 jackets from Aramco

Tue, May 26, 2015 Saudi Aramco has contracted McDermott International (NYSE:MDR) to supply 12 platform jackets on producing offshore oil and gas fields in Saudi Arab...

Aramco investigates AUVs for seismic acquisition

Tue, May 26, 2015

Saudi Aramco has outlined highlights of its offshore exploration and development activities during 2014.

Sole gas project offshore Australia enters FEED phase

Tue, May 26, 2015 The Cooper Energy/Santos Ltd. VIC/RL3 joint venture has entered the front-end engineering and design phase of the Sole gas project offshore Austral...

IOEC to commission four platforms for South Pars phases 17, 18

Tue, May 26, 2015 Iranian Offshore Engineering and Construction Co. (IOEC) plans four satellite platforms for phases 17 and 18 of the South Pars gas field developmen...

MEG flow meters head to Ichthys

Fri, May 22, 2015 Litre Meter has dispatched 45 positive displacement flow meters to the Ichthys LNG project in the Browse basin off Western Australia via the compan...

Jee to engineer injection riser system for North Sea polymer platform

Thu, May 21, 2015 Amec Foster Wheeler has awarded Jee a front-end engineering and design contract for a jacket rigid polymer injection riser package, including ...

Statoil signs Heis-Tek for Johan Sverdrup elevators

Thu, May 21, 2015 Heis-Tek has signed a frame agreement with Statoil to supply industrial traction elevators during 2016-17 for the Johan Sverdrup project in the Nor...

Cobalt presses ahead with Cameia development offshore Angola

Wed, May 20, 2015 Cobalt International Energy (NYSE:CIE) expects to achieve formal sanction by year-end for its Cameia development project in block 21 offshore Angola.

Rockhopper gets approval for Ombrina Mare EIA offshore eastern Italy

Tue, May 19, 2015 Italy’s Minister of the Environment has approved the environmental impact assessment for Rockhopper’s planned Ombrina Mare field development in the...

Dana opts for Asset Guardian software for North Sea floater

Tue, May 19, 2015 Dana Petroleum has contracted Asset Guardian Solutions to implement its Asset Guardian software on the Triton FPSO in the UK central North Sea.

Offshore Oil Field Development: Latin America

BP awards Trinidad and Tobago fields support contract

BP has awarded Massy Wood Group a five-year contract valued at up to $250 million to service the company’s operations offshore and onshore Trinidad and Tobago.

BG to retain rights to Rosetta offshore Egypt

BG Group has issued an update on its first-quarter offshore activities.

 

New CEO navigates company through sea of change

The current down cycle in the oil and gas industry offers a period of time for many companies to reassess their portfolios. Many believe that capex growth will continue to be impacted in the low oil price environment, coupled with building oversupply and the lack of rig demand.

Ultra-deepwater to capture most of Brazil's offshore capex

Brazil's forecast capex over the next five years on ultra-deepwater developments (1,499 m/4,917 m or 1,500 ft/16,132 ft) is expected to constitute 84% of the 2015-2019 offshore spending.

Trio agree on charter arrangement for Petrobras FPSO

MODEC, Mitsui and Marubeni have committed to invest in a long-term charter business to provide an FPSO for Petrobras’ Tartaruga Verde and Tartaruga Mestiça oil fields offshore southeast Brazil.

Seaway Heavy Lifting to install Perla platforms offshore Venezuela

The Cardon IV joint venture of Eni and Repsol has contracted Seaway Heavy Lifting to install the gas production platforms for the Perla project offshore Venezuela.

Second Falklands exploratory well under way

The semisubmersible Eirik Raude has spudded the 14/20-1 Isobel Deep exploration well on license PL004a in the offshore North Falkland basin.

QGEP contracts McDermott for SURF on deepwater Atlanta early production system

McDermott International Inc. (NYSE:MDR) and a consortium partner have won the SURF engineering, product supply, and installation scope for the Atlanta early production system in the Santos basin offshore Brazil by Queiroz Galvão Exploração e Produção SA.

Upsurge in drilling activity offshore southern Argentina

Wintershall says operator Total has been drilling new wells on the Carina field offshore Tierra del Fuego, Argentina, since last May. 

Technip to supply flexible pipe for Lula Alto offshore Brazil

Tupi BV has contracted Technip to supply flexible pipes for the Lula Alto field development in the Santos basin presalt area offshore Brazil.

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Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....