Offshore news

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.

The award covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 Project.

Statoil is awarding a contract for pipelaying to Subsea 7 and for marine operations to Ocean Installer in the Askeladd field development.

Regular training sessions take place every year for Team Leaders and Technicians, who have a 'hands on' experience led by experts in the new technologies.

The B15 gas field development is a maiden gas development project for Sapura E&P and the first gas milestone was achieved within two years of the sanction of its Field Development Plan.

TechnipFMC has agreed the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.

Due to its crablike motion characteristics, Chela can reach below the cantilever as well as elevate towards the main deck, providing crane access to an area traditionally blocked by the cantilever when drilling.

Archer and IKM joint venture opens up cost-effective pathway for world’s longest horizontal wells.

The Spotlight on New Technology Awards programme recognises the latest and most advanced technologies that are leading the industry into the future.

The event will give companies the opportunity to hear from a range of experts on integrity management issues, all linked by the common theme of uncertainty.