Tag: offshore
Offshore and Subsea – oil & gas project spending review
The sharp decline in crude prices and the subsequent volatility has meant that it’s been an onerous two years for oil producers, a period marked with budget cuts. The situation for the offshore side of the business has been far more severe. Once hailed as the bulwark from peak oil, the massive costs associated with its development in the face of low margins have made it increasingly difficult for companies to commit investments in recent times.
New EPC Offshore head of business development
Specialist oil and gas project management company EPC Offshore has appointment a new head of business development to expand the firm’s customer base across the North Sea and internationally.
Subsea 7 awarded offshore contract
Subsea 7 S.A. has been awarded the Gullfaks C Subsea Compression Marine Operations by Statoil. Under the contract, Subsea 7 will provide engineering, installation and commissioning of a 15.5km integrated power service umbilical, a protection structure, a subsea compressor station, pipeline spools and tie-ins. 
DNV unveils SUNdy floating solar field concept
Researchers at DNV have developed a dynamic floating offshore solar field concept. Dubbed SUNdy, the core feature of the concept is a hexagonal array which floats on the sea surface.
ONS 2012 great platform for energy sector
KCI sent a team to the ONS 2012 show in Norway looking for innovations in equipment supplied to the energy sector.
Fabricom snags North Sea contract
Fabricom Offshore Services has announced that it has been awarded a major contract by EnQuest Britain Ltd valued at over £1 million (US$1.
Alfa Laval wins off-shore marine order
Alfa Laval has won an order to supply Alfa Laval Aalborg boilers to an offshore oil production vessel in Vietnam. The order is valued at approximately US$7.6 million and delivery is scheduled for 2013.
Chevron discovers natural gas offshore Australia
Chevron Corporation has announced the discovery of a well located in the WA-374-P permit area approximately 75 miles northwest of Barrow Island off the Western Australian coast.
The Satyr-2 exploration discovery well confirmed approximately 128 feet of net gas pay.
FSG enters offshore market
Flensburger Schiffbau-Gesellschaft (FSG) has signed a contract with globally operating seismic company WesternGeco, a frontrunner in its sector, for the construction of two offshore ships.
Brazil offshore ops continue in Campos Basin
SBM Offshore has been granted a 26-month extension by Petrobas, on the lease and operating contract of the FPSO Marlim Sul offshore Brazil.
