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Offshore news

 

Petrofac and Maersk Drilling sign well management contract

Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.

 
 

Chevron announces capital and exploratory budget for 2020

In the upstream business, approximately US$11 billion is forecasted to sustain and grow currently producing assets, including about US$4 billion for Permian unconventional development and about US$1 billion for other international unconventional development.

 
 

Aker Solutions to support BP Cypre project with FEED

The contract will see Aker Solutions deliver front-end engineering and design (FEED) for the first platform in a potential series of future assets within BP’s Trinidad and Tobago (BPTT) portfolio.

 
 
 
 

ABB unveils world-first, commercially viable subsea power system

Energy companies using the system will be able to access a reliable supply of up to 100 MW of power over distances of up to 600 km and at a depth of 3000 m via a single cable, paving the way for greater access to offshore hydrocarbons.