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Offshore news

McDermott awarded 13 jacket EPCI Saudi Aramco contract

McDermott International, Inc. announced a large contract award from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.

 

Private equity injection to boost growth at Enpro Subsea

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop its range of production optimisation and intervention technologies.

 

TMC to equip newbuild FPSO

TMC Compressors has won a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO the yard is currently constructing for SBM Offshore.

 
 
 

IMCA puts dynamic positioning developments in the spotlight

The International Marine Contractors Association’s (IMCA) Capt Andy Goldsmith, Technical Adviser – Marine, will be speaking on crucial aspects of Dynamic Positioning (DP) at the European DP Conference in London on 6 February.

 
 
 

VesselsValue: jack up values increase 36% in one year

Rising oil prices have drawn more eyes to the offshore markets. There are signs of green shoots after a period of depressed sentiment that started in late 2014, pushing asset values downwards through 2016.

 

Petrofac secures key North Sea contract

Petrofac’s Engineering and Production Services (EPS) division has been awarded a new Offshore Manning Services contract by Chevron North Sea Limited (Chevron).