Fugro stops divestment process of Asia Pacific subsea services business to Shelf Subsea
Fugro will not acquire an equity interest in Shelf Subsea, as was previously agreed.
Fugro will not acquire an equity interest in Shelf Subsea, as was previously agreed.
US$9 billion project will bring second platform to the super-giant Mad Dog field at less than half of original cost.
The campaign will begin offshore the Republic of Guinea in the second calendar quarter of 2017.
Aberdeen-headquartered Hydro Group Plc, has reported record growth since financial year 2014/15 within its Asian division, due to significant demand from domestic markets.
600 projects to be decommissioned during next five years with 2000 more to follow through 2040, as market spending grows 540%.
Subsea 7 gives an update on the shareholdings of Orbis Investment Management.
The company is marking a year of project successes in Asia-Pacific at the Offshore South East Asia Conference and Exhibition, OSEA, taking place from 29 November – 2 December in Singapore.
The company has provided an update on the status of the on-going Stella field commissioning programme and the expected schedule for start-up of production.
The Italian Ministry of Economic Development has formally awarded Po Valley a preliminary Production Concession for the Company’s 47 billion ft3 offshore Teodorico gas field in the northern Adriatic Sea.
David Bond, Benning UK, looks at the challenging environmental conditions faced by offshore oil platforms, and investigates power protection strategies.
Vallourec is supplying over 1700 t of pipe for the world's largest FPSO.
TenarisHydril Blue, Wedge 513 and Wedge 523 connections used to improve operational efficiency in a deepwater exploration well in Vietnam.
The well was drilled about 60 km northeast of the oil and gas discovery 7220/11-1 (Alta) and about 20 km east of 7220/8-1 Johan Castberg.
On Tuesday 22 November at 1730 the drilling rig Scarabeo 5 reported a fire in an engine room. All personnel accounted for.
Statoil has also taken over operatorship of Brazilian offshore licence BM-S-8