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TechnipFMC Shelves Spin-off Due to Market Turmoil

Mar 16, 2020

Franco-American oil services firm TechnipFMC Plc is putting on hold plans to split itself into two due to turbulence in financial markets linked to the coronavirus outbreak, it said on Sunday.The group, created three years ago via the merger of Technip and FMC…

Santos Preps for Yoorn-1 Drilling

Mar 12, 2020

Australian oil and gas operator Santos is planning to carry out an offshore survey in preparation for the proposed Yoorn-1 drilling in the offshore block WA-499-P, in W. Australia.According to an application filed this week, as part of the drilling preparatory work…

Ocean Installer Wins Subsea Cable Installation Job in China

Mar 10, 2020

Norway's offshore installation company Ocean Installer has won a deal to deliver and install a subsea power cable in China, as part of CNOOC Liuhua 16-2 oil field development in the South China Sea.In what is the company's second contract in China…

TGS Plans 3D Seismic Survey in Carnarvon Basin off Australia

Mar 06, 2020

Norwegian offshore seismic data acquisition and processing company TGS is planning to carry out a seismic survey in the Carnarvon Basin, off Australia, and the Australian offshore safety regulator NOPSEMA has opened the TGS for public comment…

Malaysia: Uzma in Offshore P&A Gig with Shell

Mar 04, 2020

Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…

Subsea 7 to Tie Murphy's Discoveries to King's Quay FPS

Mar 03, 2020

Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico.The contract…

Subsea 7 in 'Large' Barossa SURF Contract

Mar 03, 2020

Subsea 7 has won what it describes as 'a large contract' by ConocoPhillips in Australia. Subsea 7 defines a large contract as between $300 million and $500 million.The contract is for the supply of the SURF scope for the Barossa Project. The…

Indonesia's Oil & Gas Output Set for Drop

Feb 24, 2020

Indonesia's oil and gas output is expected to contract for a fourth consecutive year in 2020, as aging fields and delays to new projects keep production levels below government targets, analysts said.The output decline comes as Jakarta proposes…

Petrofac Lands Huge Offshore Deal with ADNOC

Feb 18, 2020

Petrofac Emirates, a subsidiary of the UK oilfield services company Petrofac, has signed two contracts worth $1.65 billion with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates to deliver offshore platforms and gas processing facilities…

Magseis Fairfield Sells OBN to Asian Client

Feb 17, 2020

Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. The Oslo-listed surveyor said the delivery complemented…

Thai Offshore Vessel Operator Enters UK North Sea Sector

Feb 10, 2020

Thai offshore service provider Mermaid Maritime is eyeing an expansion into the UK North Sea sector.The company said Sunday it had set up an indirect subsidiary Mermaid Subsea Services (UK) Limited on February 7.The MSS UK is owned by Mermaid's subsidiary Mermaid Subsea Services (Thailand)…

Fugro Takes Part in Cambodia's First Oil Development

Jan 28, 2020

KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field, offshore Cambodia.The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand…

Barakah Offshore Files Petronas Carigali Claim

Jan 17, 2020

Malaysian offshore oilfield services company Barakah Offshore Petroleum has filed a claim against the compatriot oil company Petronas Carigali for unpaid work and has threatened to seek Petronas' winding up unless it gets paid what it is owed…

Replacement Turret for Lufeng FSO Completed

Jan 10, 2020

SOFEC said it has loaded out of the replacement turret for the floating storage and offloading unit (FSO) HYSY121 at the Lufeng field, in the South China Sea.The construction was completed at Penglai Jutal Offshore Engineering Heavy Industries Co…

Fugro Completes Deepwater AUV Survey for BSP

Dec 06, 2019

Fugro reports it has completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company Sdn Bhd (BSP).The survey was performed in August in water depths of 600 m using the Fugro Equator, a dedicated geophysical survey vessel…

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