Offshore news

Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.

SeaBird Exploration has announced that it has signed an agreement to provide a source vessel for an upcoming survey in West Africa.  The project is anticipated to commence during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project.

On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi’s offshore SARB and Umm Lulu concession.

Over the past year, the Oil & Gas Innovation Centre (OGIC) has seen a growing appetite from companies looking to invest in the development of emerging technologies, as North Sea operators continue to demonstrate the benefits of technology-led solutions in response to the economic downturn.

The rationale behind Dubai Petroleum’s use of UAVs was to quickly complete detailed inspections of all their risers.

The Multiple Screw Pumps are designed to handle difficult media, including low to high lubricant fluids, and low to high viscosity, shear sensitive, or chemically aggressive media.

ProSep, an industry-leading technology and service provider for integrated process solutions, announced today it will supply three ProSalt™ units to Statoil Petroleum (Statoil) for the Johan Castberg field development project, located on the Norwegian continental shelf in the Barents Sea.

The agreement will see the two companies focus sharing of technical expertise in relation to spill preparedness and response.

Shallow water projects will be responsible for over 92% of upstream CAPEX.

The project represents the first offshore application for the SGT-750 gas turbine. Equipment delivery is anticipated mid-2019 with first oil planned for 2022.