Project management and engineering are scheduled to be performed in Houston, Texas, with offshore installation by McDermott targeted for completion in mid-2019.
The company has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets.
The Anyala and Madu field project scope will develop approximately 185 million bbs of oil and 637 billion ft3 of gas reserves.
Rotork has extended its CMA range of compact modulating actuators with new sizes specifically designed for reliable automation of larger linear control valves.
The rig is now contracted to Equinor until the end of February 2020.
Faroe Petroleum Norge AS, operator of production licence 825, is in the process of concluding the drilling of wildcat well 30/6-30.
The companies have been selected as contractors on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) programme.
New technologies face an uphill battle in the offshore oil industry, even if similar technologies have been used with great success in other industries.
BP, on behalf of co-venturers Shell, Chevron and ConocoPhillips, has announced first oil production from the giant Clair Ridge project in the West of Shetland region offshore UK.
The transaction comes just 10 months after the company completed a joint venture with Forum Energy Technologies.
The company has issued an update with regards to its two operated licences in the country.
The company has completed the drilling of wildcat well 7324/3-1.
Following its recent formation, SafeSTS Middle East FZE has made a strong start in the region, undertaking five UAE ship-to-ship transfers for two oil majors in its first six weeks of operation.
The field is located approximately 225 miles (360 km) south of New Orleans, La., in a water depth of approximately 5200 ft (1584 m).
More than 80% of exhibition space for SPE Offshore Europe 2019 has been sold, according to the event’s organisers.