OSRL and CEDRE sign Letter of Cooperation
The agreement will see the two companies focus sharing of technical expertise in relation to spill preparedness and response.
Offshore & subsea - 15 February 2018
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GlobalData: Over US$58.5 billion will be spent on North Sea’s upstream CAPEX by 2020
Shallow water projects will be responsible for over 92% of upstream CAPEX.
Siemens to supply compression train for Johan Castberg FPSO project
The project represents the first offshore application for the SGT-750 gas turbine. Equipment delivery is anticipated mid-2019 with first oil planned for 2022.