Oil & gas news

Subsea 7 have announced the award of a sizeable contract by Nexen as part of the Buzzard Phase 2 Project, located approximately 55 km off the north-east coast of Scotland.

The contract with Shell involves a team which will deliver an integrated verification and class project for the operator's Penguins floating production storage and offloading (FPSO) vessel.

In its recently released five-year Global Crude Oil Outlook, ESAI Energy projects healthy non-OPEC supply growth to 2023.

Law firm Womble Bond Dickinson (WBD) has advised EQT Infrastructure on the sale of Tampnet UK and Central North Sea Fibre Telecommunications Company Limited (CNSFTC), as part of the wider sale of the global Tampnet Group.

The Norwegian operation of an undisclosed international oil company has awarded HydraWell a long-term contract for plug & abandonment (P&A) and slot recovery operations on a major field on the Norwegian continental shelf (NCS).

Conrad Petroleum Limited has completed a preliminary internal estimate of 2C Contingent Resources of 373 billion ft3 based on gas sales to be sold within the Duyung PSC term of the full Mako Gas Field.

The joint venture between local businessmen Robbie Gray and Robbie Garden with Norwegian JB Well Solutions AS, predominately supports well service activity in hazardous Zone 2 classification areas of the UK Continental Shelf.

McDermott International, Inc. have announced a sizeable contract award by PEMEX Exploración y Producción for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico.

David Hutchinson takes over from Martin Barnes as CEO of the international engineering group.

MEC Combi Crawler Robot will be deployed externally to the hull of Shell-operated and non-operated FPSOs worldwide.