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FMC Technologies Receives Contract to Support Marulk Field DevelopmentFMC Technologies, Inc. announced today that it has signed an agreement with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field. The award, a call-off from FMC's existing frame agreement with Statoil, has a value of approximately $62 million in revenue to FMC Technologies. Full text |
Dominion Gas named Subsea Company of the Year
Innovation of subsea valve technology
EMGS launches 21st licensing round campaign
GE Oil & Gas Subsea Upgrade Boosts Angolan Deepwater Oil Production
Aker Solutions with lowest bid for subsea frame agreement
Chevron Announces Gas Discovery in Greater Gorgon Area
Eni Norge and Sevan Marine sign Project Services Contract for Goliat
Cameron win Chevron Jack and St Malo subsea production system
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Sonangol and Maersk Oil Angola AS (operator), have successfully completed drilling of the Chissonga-1 exploration well with positive results. The Chissonga-1 well is located in the western sector of Block 16 in 1,230 metres water depth, some 315 kilometres northwest of Luanda, and was drilled to a total depth of 4,725 metres using the Larsen Deep Venture drillship. Full text
Acergy announced today that it has been awarded a new four year contract for the Polar Queen by Petrobras in Brazil, with an option for an additional four years. Full text
A few simple modifications to wells already planned will allow StatoilHydro to recover seven million barrels of oil and a billion standard cubic metres of associated gas from Vega South. Full text
TGS continues their long-term commitment to resolve the geologic challenges and hydrocarbon potential of offshore Greenland with the commencement of the 2009 data acquisition season. This season marks the 10th consecutive year of new data acquisition by TGS in Greenland. As in past years, the multifaceted acquisition campaign in 2009 will consist of seismic, aeromagnetic, and gravity data. Full text
Chevron Corporation announced today that its subsidiary Cabinda Gulf Oil Company Limited (CABGOC) and its partners commenced crude oil production ahead of schedule from the Mafumeira Norte project located offshore Angola. Full text
GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, has been awarded a contract worth over $70 million by StatoilHydro to upgrade a suite of subsea control systems for StatoilHydro’s Tordis Vigdis Controls Modification (TVCM) project. The solution will incorporate GE’s award-winning next-generation subsea electronics module - the VetcoGray SemStar5. Full text
With the ‘green shoots’ of recovery more numerous by the day, dark warnings of a new spike in oil prices are also multiplying. Saudi Oil Minister al-Naimi has warned that under-investment in oil capacity may lead to a return to $150/barrel oil, “or even worse”. Full text
FMC Technologies announced today that it will support the Jubilee Integrated Project Team (IPT) – consisting of Kosmos Energy (technical operator), Anadarko Petroleum and Tullow Oil & Gas (unit operator) - with the design and manufacture of subsea production systems for use in the Jubilee deepwater development. The award is expected to result in $210 million in revenue to FMC Technologies. Full text
Schilling Robotics, LLC, experts in subsea control systems, announced today that it has been awarded a contract for a new seafloor‐based deep sea drill system from Gregg Drilling and Testing, Inc., experts in drilling and geotechnical testing services. Full text
GE Oil & Gas announced today that its drilling & production business has been awarded a three-year frame agreement valued at more than $250 million to supply 250 VetcoGray subsea wellhead systems to Petroleo Brasileiro S.A. (Petrobras) of Brazil, an integrated oil and gas company. In terms of number of wellheads, this is the largest contract awarded to date in the industry. Full text