TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.

World financial organizations have revised their near-term economic outlooks downward, cutting demand and putting pressure on OPEC to renew its supply cut agreement with Russia.

McDermott International, Inc. announces a substantial* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf.

Offshore Survey, which takes place alongside Ocean Business at the National Oceanography Centre in Southampton UK, from 10-11 April 2019, confirms two high profile speakers to deliver keynote presentations on each day of the conference.

International offshore services provider Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multi-purpose vessels for a combined period of approximately 400 days.

Offshore Source has featured numerous articles highlighting the tremendous investment the U.S. oil and gas industry has made in the Gulf of Mexico. For example, in February 2019, an article announcing Phase 3 of the Atlantis Project noted that this effort to create a tie back of eight new production wells would cost US$696 million.

A major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hours, reports Churchill Drilling Tools, a global oilfield service company specializing in drilling innovation.

At a fraction of the cost of conventional tools, Coretrax, the wellbore clean-up and abandonment specialist, is increasing its stock of CX-Enviroplugs to meet demand for a safe, simple and significantly cost-effective solution for big bore cement plug placement.

MacGregor, part of Cargotec, has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a deepwater Floating Production Unit (FPU). The order is booked into Cargotec's first quarter 2019 order intake and the delivery will take place in the first quarter of 2020.

Three days – that’s what it took to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore.

On behalf of the Johan Sverdrup license, Equinor is awarding a contract for constructing and installing the subsea production system for project phase 2 to TechnipFMC. The production system consists of five templates and a total of 18 X-mas trees with associated components.

With 560 beds the Johan Sverdrup living quarters topside is the largest of its kind in Norway. The fourth and last platform for the first phase of the giant project is now ready for sail-away from Kværner’s yard on Stord to the Johan Sverdrup field, where it will be installed in a single lift.

W&T Offshore, Inc. was the apparent high bidder on 15 blocks in the Gulf of Mexico Lease Sale 252 held by the Bureau of Ocean Energy Management("BOEM") on March 20, 2019.

Interior’s Assistant Secretary for Land and Minerals Management Joe Balash announces that region-wide Gulf of Mexico Lease Sale 252 generated $244,299,344 in high bids for 227 tracts covering 1,261,133 acres in federal waters of the Gulf of Mexico. A total of 30 companies participated in the lease sale, submitting $283,782,480 in all bids.

Siccar Point Energy has commenced its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect.

The developments which have taken place in flow assurance over the last thirty years are set to be discussed at an event run by Subsea UK in Aberdeen this month.