Oil & gas news

Maersk Supply Service will provide the full scope from site preparation, installation of pile anchors, tow of the FPSO, through to final hook up operations.

The new recommended practice aims to streamline manufacturing processes and significantly reduce lead-time and cost.

Dan Munro, PJ Valves, explains why the anticipated rapid growth in the FPSO market will mean operators and contractors will need to change in various ways in order to deliver on the sector’s promise – particularly in supply chain relationships.

Over 200 dedicated engineering specialists are currently part of Lloyd’s Register's wells engineering and project management consultancy.

With the award of the ATEX certification the pumps can be used within industrial environments where flammable gases could be present.

The order, for two 3 m vertical pumps from KPO, was the first Amarinth has won in partnership with ISG, a supplier of equipment for the oil and gas and associated industries based in Kazakhstan.

Part of the company's 10-year plan includes a free cash flow of approximately US$50 billion based on a real WTI price of US$50/bbl and annual capital expenditures averaging less than US$7 billion over the decade.

The new contracts in the Middle East, Africa and Europe are worth approximately US$460 million.

Planned to start in early 2020, the survey has already received significant industry interest and is being prefunded in part by BP.

The contract will see Bourbon Marine & Logistics support Total E&P Namibia a deep offshore exploration campaign in southern Namibia in 2020.