Oil & Gas News

Offshore Survey 2019, which takes place alongside Ocean Business at the National Oceanography Centre in Southampton UK, from 10-11 April 2019, has just launched an exciting program that looks to the future of the offshore industry. The program highlights technologies that could potentially transform the sector, as well as addressing current issues and providing feedback on major industry projects.

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management Acting Director Walter Cruickshank have announced that BOEM will offer 78 million acres for a region-wide lease sale scheduled for March 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico.

Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the Long Term Agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021.

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