Singapore’s Swiber scores five new contracts
The Group has clinched five sizeable contracts totaling approximately US$235 million.
Norwegian firms eye UK oil and gas assets
Cash-rich Norwegian private equity firms are eyeing up potential North Sea acquisitions, encouraged by proven management teams and reasonable market prices, claims a leading energy expert.
SMIT Salvage to remove sunken rig from seabed offshore Angola
SMIT Salvage has been awarded a contract to remove a damaged jack-up drilling rig from the seabed offshore Angola.
Masirah strikes oil offshore Oman
Masirah Oil Limited has discovered oil in Block 50, offshore Oman.
Three FPSO contractors bidding for Petrobras’ ‘Green Turtle’ unit
Three contractors are competing in a race to win an FPSO contract award from the Brazil’s state-run oil company, Petrobras.
Premier Oil to submit catcher FDP next week. FPSO supplier selected
Premier Oil has selected a preferred bidder for the Catcher Floating Production Storage Offloading unit.
VIDEO: Production begins from Shell’s Mars B field in Gulf of Mexico
Shell has begun production from the Mars B development through Olympus – the company’s seventh, and largest, floating deep-water platform in the Gulf of Mexico.
Premier to spend $5.2 Billion on Sea Lion development
Premier Oil, a UK-based independent oil and gas exploration company, has announced that the cost for the first phase of the Sea Lion development in the Falkland Islands will amount to $5.2 billion.
Subsea Expo: Award winners revealed
A host of successes within the subsea sector were celebrated Wednesday, 5th February at Subsea UK’s ninth annual awards ceremony, which celebrates outstanding achievement across the UK.