Offshore & subsea

The EIC Monitor report shows a significant decline in the levels of contracting activity across global upstream, midstream and downstream sectors in 1Q15.

Trelleborg’s offshore operation has launched its brand new Mobile Production Unit.

A new study has revealed that oil and natural gas stocks have outperformed other assets in state pension funds.

Tie-in facilitated for new Valemon platform to Huldra-Heimdal pipeline.

The Bister prospect is located in the Norwegian Sea in Licence PL 348/C.

KrisEnergy Ltd has reported that the Key Gibraltar jack-up rig has commenced drilling of the Rayrai-1 exploration well in block G10/48.

The world is at the beginning of a period of change, from fossil fuels to sustainable energy.

Ovivo UK Ltd recently called on Cat Pumps when it was awarded a contract by a leading international oil producer.

The company has announced that it purchased 17 000 of its shares.

OneSubsea® has been awarded a contract to supply subsea systems for the BP development offshore Egypt.

New project team established to drive production in the North Sea.

Independent offshore infrastructure owners should be subject to normal Corporation Tax to stimulate the growth of these companies.

Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo SURF development offshore Angola.

InterMoor finished replacing critical components in an FPU mooring system offshore Equatorial Guinea on schedule.

Results of the formation test in the Sergipe-Alagoas Basin have confirmed the occurrence of light oil and the good productivity of the reservoirs.