TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy in Australia.
Norwegian Diving Contractor, SubseaPartner, has won offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS). The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services.
James Fisher Decommissioning, part of James Fisher and Sons plc, extended its contract with a major offshore engineering, preparations, removal, and disposal (EPRD) operator, making the project the largest to date for the offshore decommissioning specialist. The multi-million-pound offshore decommissioning project utilized real time cutting verification technology to remove 25 dormant gas platforms in support of the client’s wider asset end-of-life campaign.
SLB has announced the award of a sizeable integrated engineering, procurement, construction, and installation (EPCI) contract by OKEA to its OneSubsea™ joint venture and Subsea7. The contract will see the partnership develop the Bestla (formerly known as Brasse) Project in the North Sea, offshore Norway, specifically to accelerate the subsea tieback delivery to aging platforms for profitable and sustainable marginal field development.
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.
The production start is some weeks ahead of plan—“a result of great dedication, efficiency and collaboration”, according to Rune Oldervoll, SVP Production in Vår Energi.
Seadrill Limited announces contract awards for two drillships.
The American Petroleum Institute (API) has signed a memorandum of understanding (MOU) with the Brazilian Petroleum and Gas Institute (Instituto Brasileiro de Petróleo e Gás — IBP). This agreement formalizes an important alliance aimed at strengthening collaboration and technical exchanges between both organizations and members.
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area.
Subsea 7 S.A. has been awarded a large1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. The award will be booked in backlog in Q2 2024.
Odfjell Technology, an integrated supplier of well services technology and engineering solutions, has been awarded three well services contracts in Malaysia, marking a significant milestone in the company’s position in the Asia Pacific region.
Seatrium Limited (Seatrium) announces that it has secured a Floating Production Storage and Offloading (FPSO) topsides integration contract from longstanding customer, Offshore Frontier Solutions Pte. Ltd., a MODEC Group company.
CGG, in association with Côte d’Ivoire's Direction Générale des Hydrocarbures (DGH) and PETROCI Holding (PETROCI), has announced two new multi-client 3D reimaging programs, CDI24 Phase I (3,120 km2) and Phase II (6,610 km2). Both projects are supported by the industry, with Phase I commencing immediately and Phase II planned for H1 2025.
Mermaid Maritime Public Company Limited (“Mermaid”) announces that its joint- venture company formed between Mermaid and a local offshore services operator has secured a one-year contract extension for offshore inspection, repair and maintenance services with a national upstream oil and gas company in direct continuation to its current contract, which commenced in 2012. Mermaid will continue to provide a suite of diving services using its DP2 saturation dive support vessel “Mermaid Asiana” along with remotely operated vehicles, specialized diving equipment and divers. Mermaid’s joint venture partner, a reputable offshore and marine services company, will provide other offshore vessel related services and logistics.
Digital twins are digital representations of physical assets, systems, people, or processes. They help detect, prevent, predict, and optimize the physical environment using artificial intelligence (AI), real-time analytics, visualization, and simulation tools. In case of oil and gas, digital twins can support the entire project lifecycle from the project design to commissioning. It can also help in overseeing the asset performance during operations and aid in personnel training, says GlobalData, a leading data and analytics company.
Norwegian subsea technology company Optime Subsea has been awarded a contract by Aker BP to develop and deliver five Remotely Operated Controls Systems (ROCS) for use on the Norwegian continental shelf (NCS).
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