Baker Hughes, a GE company has released a suite of lightweight, modular technologies as part of a new subsea development approach it believes has potential to improve the economics of offshore projects and unlock more oil reserves.
Two Singapore-based turnkey service providers and engineering, procurement and construction (EPC) companies have penned a $50m agreement to develop small-scale LNG bunkering in Southeast Asia.
Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Nov. 28 it had sold rights to more than 30 oil fields for more than $800 million as part of a longstanding divestment plan to reduce the company’s debt.
Royal Dutch Shell subsidiary Shell Exploration and Production Co. has selected McDermott International Inc. for new subsea umbilical and flowline installation at the Great White Frio development
An Optimarin Ballast System (OBS) installed on Seven Pacific, a Subsea7 vessel, in 2015 has been upgraded to meet the ballast water treatment system (BWTS) requirements of the United States Coast Guard (USCG).
FIRST Exploration and Petroleum Development Co. has contracted the Aquaterra Energy/Maerlin Nigeria consortium to provide two Sea Swift conductor-supported offshore platforms.
BW Offshore has taken an investment decision for the Tortue Phase 2 project offshore Gabon following successful appraisal drilling on the western flank of the Tortue field.
Royal Boskalis Westminster N.V. (Boskalis) with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) program.
Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion
