Steve Gordon, Managing Director of Clarksons Research, said that offshore investment and activity levels are increasing in the region, with project Final Investment Decisions totalling US$23 billion reported in the year to date.
Safe and continual performance of lifting equipment crucially depends on minimising risk through improved resilience to failure
Recent reporting from the company's ongoing project in support of NPCC demonstrate a 60% reduction in overall cutting time utilising its ultra-high-pressure abrasive water jet internal cutting system.
Entries are open to all UK-registered companies within the oil and gas and renewables sectors.
The equipment and service provided by Baker Hughes will support Apache North Sea’s exploration and development activities in the North Sea for the next three years.
Petrobras and CNODC offered the the minimum allowed profit oil of 29.96% for rights to explore and produce oil at the Aram block in Brazil's Santos Basin.
SBM Offshore will perform FEED work for a FPSO for the Payara development project located in the Stabroek block in Guyana.
Innovo’s Innodrive 700T electrical Reel Drive System and a Sparrows tensioner were integrated with under-deck carousel.
LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt.
Petrobras and Chinese state firms CNOOC and CNODC made the only bids out of over a dozen major oil firms who had registered. Two of four blocks on offer got no bids.
The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.
The survey started in late 2018 and covered the Buzios field, lying in approximately 2000 m water depth.
The company’s latest research reveals that the West of Shetland (WoS) area retains the attention of major exploration and production (E&P) players in the region.
The Cougar XT electric underwater robotic vehicle will boost RusselSmith's subsea operations in Africa.
The company has acquired a 9.57% stake in the supergiant Azeri-Chirag-Gunashli oilfield.