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TechnipFMC: Record Orders, Backlog in Q2

Jul 25, 2019

Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…

TechnipFMC Wins $7.6 Bln Contract

Jul 24, 2019

Oil services company TechnipFMC won a $7.6 billion contract with Russia's Novatek and its partners for the Arctic 2 liquefied natural gas project in western Siberia, pushing TechnipFMC's shares higher.TechnipFMC's Paris-listed shares rose 3…

EM&I Bags Japanese FPSO Operator Contract

Jul 24, 2019

International asset integrity specialist EM&I Group received an order from a major Japanese FPSO operator for an FPSO based offshore New Zealand.The order  initially for tank inspection during which time EM&I’s ‘NoMan’ robotic tank inspections…

New York Awards Offshore Wind Contracts

Jul 18, 2019

New York on Thursday awarded two major offshore wind contracts to Norway's Equinor and a joint venture between Denmark's Orsted and U.S. utility Eversource, procuring more of the renewable power than it had planned as part of Governor Andrew Cuomo's ambitious plan to slash greenhouse gas emissions…

DOF Bags 2 Platform Supply Contracts

Jul 15, 2019

Norwegian supply shipping company DOF has been awarded short-term contracts for two of its platform supply vessels (PSVs).Premier UK has hired the 4,135-dwt Skandi Caledonia (built 2003) for around four months from this quarter. The PSV will perform supply duties for two firm wells…

Boskalis to Build Offshore Oil Export Installation for Iraq

Jul 11, 2019

Iraq's government has authorized the oil ministry to sign an initial agreement with Dutch maritime services company Boskalis to build an offshore oil export installation, it said on Thursday.Prime Minister Adel Abdul Mahdi said on Tuesday his government was seeking to diversify export routes…

Wärtsilä to Optimize PLSVs of Sapura Brasil

Jul 08, 2019

Subsea services specialist Sapura Brazil has signed a five-year optimized maintenance agreement with Wärtsilä.As per the agreement the the Finnish tech major will support Sapura’s fleet of six pipe-laying support vessels' (PLSV) operational…

DP World buys Topaz Energy for $1 bln

Jul 01, 2019

Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the…

Sapura Energy Bags Multiple Contracts

Jul 01, 2019

Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…

Bourbon BoD to Analyze Restructuring Proposals

Jun 19, 2019

Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees…

EPC Contract Awarded for Mozambique LNG

Jun 05, 2019

A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…

First ANS Cargo in One Year on Way to China

May 30, 2019

One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv Eikon and vessel-tracking firm Kpler.China's imports of U.S. crude have fallen amid the two countries' trade dispute to 41…

Danos Wins US Contracts

May 29, 2019

Danos has recently entered into a contract with an independent land company based out of Dallas, Texas, to transition 50-60 crew members in a variety of positions. The transition will take place over the coming weeks to support water transfer at water treatment facilities in Midland and Orla…

Qatar Awards FEED Contract to McDermott

May 28, 2019

Qatar Petroleum said it has awarded the front end engineering and design (FEED) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities to McDermott Middle East Inc.The scope of work awarded includes engineering…

Perenco Renews North Sea Contract

May 22, 2019

Anglo-French oil and gas company Perenco has expanded the scope of its support contract with Servelec Controls, the control, safety and information systems provider, in the southern North Sea of the United Kingdom.Servelec has been providing service…

Current News

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

New Worley Chief Financial Officer Set to Assume Role Next Week

New Worley Chief Financial Officer Set to Assume Role Next Week

Australian Parliament Clears Way for Offshore Wind Farms

Australian Parliament Clears Way for Offshore Wind Farms

Brent Drops Under $80 as Investors Wary of New Variant, Q1 Surplus

Brent Drops Under $80 as Investors Wary of New Variant, Q1 Surplus

Keppel Nets $145,8M Orders for FPSO, FSRU Work

Keppel Nets $145,8M Orders for FPSO, FSRU Work

SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process

SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico
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