Upstream news
TechnipFMC awarded subsea production contract for Yellowtail project
TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system.
Yinson wins FPSO contract in Brazil
The company has been awarded two Letters of Intent by Petrobras for the charter, operations and maintenance of Integrado Parque das Baleias.
Saipem awarded offshore contracts for transportation and installation activities
The two contracts are for a total amount of over US$600 million.
EnerMech to support TAQA’s UKCS portfolio for next 5 years
EnerMech will deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms.
Neptune Energy divests non-operated working interests in Norway
The assets Neptune is divesting include the producing Draugen, Brage and Ivar Aasen fields.
GlobalData: US upstream Lower 48 M&A deals on the rise
In its latest report, ‘Key Upstream M&A Deals in 2021’, the data and analytics company reveals that the total number of deals in the US upstream sector grew from 388 in 2020 to 420 in 2021.
TGS, BGP, CGG begin first phase of Suriname 3D survey
Phase 1 includes 11 100 square kilometers of new 3D seismic data acquisition and 3000 square kilometers of 3D seismic data reprocessing.
TEMS International awarded first Malaysian contract
The company, which is headquartered in Aberdeen and has offices in Kuala Lumpur and Houston, has been awarded work on a major offshore natural gas project, which will see its engineers work to make drilling operations more sustainable.
FEED contracts awarded for Wisting development
The main FEED contract for a FPSO has been awarded to Aker Solutions.
Aquaterra Energy awarded US$4.4 million conductor tensioning contract offshore Gabon
As part of the contract Aquaterra Energy will provide its new digital tensioning monitoring system, which will remotely monitor the tension applied via an app.