Upstream project news

The company has been awarded a contract by an American customer, covering the transportation and installation of subsea products for a project offshore West Africa.

Entering into 2019, the global oil and gas industry remains cautiously optimistic as recovering oil prices have boosted companies’ profits and a rebound in new projects is expected.

The company has announced the significant contract award by BP Trinidad & Tobago, LLC.

The 85 upstream projects up for Final Investment Decisions (FIDs) in 2019 include 75 greenfield developments, with approximately 42 billion boe of resources and 10 expansion phases.

The company has announced first oil from the Van Gogh infill project, marking the successful completion of the two-well programme that will increase production from the field.

The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines.

The company has announced that it has sold the Suezmax vessel Felicity to a global supplier and operator of offshore floating platforms.

This contract includes provisional services for tooling and personnel required to install the hardware.

The vessel has been made available by an Australian billionaire to aid ocean research teams to gather data around Australia’s coast.

The purchase orders, the largest of which originates from a key Gulf Coast customer of Orbital’s with the balance secured from a second Gulf Coast energy operator, comprise custom analytical integration systems for two new fractionation units.