Offshore & subsea - 17 June 2015

ASCO has signed a contract with Marathon Oil which will further strengthen the company’s market leading positioning in the UK.

A custom designed main air compressor package, set to be installed in the South Caspian Sea has been delivered to Baku, Azerbaijan.

ABB has won an order from offshore services provider, Bumi Armada Berhad, to supply electrification and automation systems for Eni’s FPSO vessel for a recently discovered oilfield off the coast of Angola.

Since 2013, Statoil has been making reductions across its workforce and it plans to continue doing so in the near future.

Wood Group will support the Kebabangan Petroleum Operating Company in pipeline engineering and flow assurance engineering studies for the Kamansu East field.

The American Petroleum Institute (API) has encouraged Congress and regulators to prioritise Arctic offshore oil and natural gas development.

The initial period of the exploration stage has been extended to January 2017