444 results found for 'kaombo'

444 results found for 'kaombo'
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  • Aker Solutions Nets $2.3 Bln Subsea Equipment Contract in Angola

    15 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Aker Solutions won a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-in systems. The first deliveries are scheduled for […]

  • Total Net Income Down

    30 April 2014

    Total of France said its net income in the first quarter of this year dropped 10 percent compared to the same period before. “The Group reported adjusted net income of S3.3 billion for the first quarter, solid results albeit slightly lower than last year. The impact of sharply lower European refining margins was limited thanks […]

  • Technip Awarded Its Largest Umbilical Contract by Total

    18 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Technip announces that a consortium composed of Angoflex Ltd (owned jointly with Sonangol) and DUCO Ltd, has been awarded a large lump-sum contract by Total E&P Angola. The contract consists of the umbilical system part of the Kaombo project, located in Block 32 offshore Angola in water depths up to 2,000 meters.  The scope of work […]

  • Saipem grabs two FPSO contracts offshore Angola

    16 April 2014
    Business & Finance, Equipment

    Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units for the Kaombo Field Development Project, […]

  • Saipem Nets Two FPSO Contracts Worth Over $4 Bln

    16 April 2014
    Business & Finance

    Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development […]

  • Highlights of the Week

    11 March 2018
    Business & Finance

    Subsea World News has put together a recap of the most interesting articles from the previous week (March 05 – March 11). https://subseaworldnews.com/2018/03/05/oceaneering-buys-ecosse-subsea/ https://subseaworldnews.com/2018/03/06/saipem-cuts-deficit-full-year-guidance-misses-expectations/ https://subseaworldnews.com/2018/03/07/solstad-farstad-secures-vessel-deal-with-bibby-offshore/ https://subseaworldnews.com/2018/03/07/technipfmc-concludes-kaombo-umbilicals-supply-in-angola/ https://subseaworldnews.com/2018/03/05/energean-gets-funding-for-karish-and-tanin-inks-fpso-deal-with-technipfmc/

  • Oil & gas firm expands its offshore portfolio in Angola

    18 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Etu Energias has expanded its list of assets off the coast of Angola by finalizing its deal with Galp for stakes in three offshore blocks.

  • Aker Solutions Scoops Up BP Angola Contract

    4 October 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP’s Greater Plutonio and PSVM fields offshore Angola. The scope of work covers the supply of engineering, procurement, and construction services for brownfield projects on the floating production, storage and offloading (FPSO) vessels located at each field. This […]

  • Most popular articles of the week, July 21 – 27, 2014

    27 July 2014

    FMC Technologies in JIP with four O&G majors to develop new generation subsea equipment FMC Technologies, Inc. has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet […]

  • Aker Solutions hires Xvision for subsea projects animation

    13 August 2014
    Equipment

    Xvision has signed a framework agreement with Aker Solutions for the delivery of visualization services in conjunction with four major SPS (Subsea Production Systems) projects. The agreement covers the projects: Aasta Hansteen, Kraken, MOHO Nord/BIS and Kaombo. Xvision will be developing and delivering installation animations, technical handbooks and posters that document the subsea projects in […]

  • Higher oil prices boost Total’s 3Q profit

    26 October 2018
    Business & Finance

    French oil major Total posted a 45 percent increase in the third quarter 2018 profit, boosted by higher production and oil prices.

  • ExxonMobil third-quarter profit jumps

    2 November 2018

    US energy giant ExxonMobil reported a significant jump in third-quarter earnings that reached $6.2 billion, 58 percent above the $4 billion reported in 2017. 

  • MODEC hires GranEnergia’s flotel for Brazil campaigns

    22 October 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    MODEC has contracted GranEnergia for the provision of its semi-submersible UMS Venus to support its offshore maintenance campaigns in Brazil.

  • Total profit tumbles due to lower prices

    30 October 2019
    Business & Finance

    French oil major Total recorded a decrease in its 3Q 2019 profit affected by lower oil and gas prices despite an increase in production. 

  • Technip, Heerema Awarded $3.5 Bln Subsea Contract by Total

    16 April 2014
    Business & Finance, Equipment, Operations & Maintenance

    Technip and Heerema Marine Contractors, have signed a major lump-sum contract with Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo project, located in Block 32 offshore Angola. The contract is valued at approximately  $3.5 billion with a Technip share […]

  • Total’s Q3 profit surges, LNG sales decline

    26 October 2018

    French energy giant and LNG player Total saw its third-quarter adjusted net profit soar on the back of increasing oil prices and higher production. “Total’s third quarter adjusted net income increased by 48 percent from last year to $4 billion, while oil prices increased 44 percent to $75 per barrel supported by supply tensions and […]

  • Total profit falls despite output growth

    26 April 2019
    Business & Finance

    French oil and gas company Total recorded a 4 percent decrease in first quarter profit while its production grew by 9 percent. 

  • Total Sells 15 Pct Interest in Offshore Angola Block 15/06 to Sonangol

    4 February 2014
    Business & Finance, Project & Tenders

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its […]

  • Aker Solutions Drops 4800 Workers Since 2014

    30 March 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian oilfield services player Aker Solutions has reduced its workforce by some 4,800 since 2014. According to the company’s latest corporate responsibility report, total staff count has been cut by 23 percent from 2014 to 2016. Aker Solutions’ workforce dropped to 16,177 in 2016 from 20,974 employees in 2014. Norway has seen the biggest cuts in workforce […]

  • Top News of the Week of June 02 – Jun 08, 2014

    8 June 2014
    Business & Finance

    1. Video: BOP on Deepwater Horizon Fails Due to Pipe Buckling U.S. Chemical Safety Board (CSB) has reported that the blowout preventer (BOP) that was intended to shut off the flow of high-pressure oil and gas from the Macondo well in the Gulf of Mexico during the disaster on the Deepwater Horizon drilling rig, failed […]

  • Total’s profit soars on higher oil prices, LNG sales decline

    26 July 2018

    French energy giant and LNG player Total saw its second-quarter adjusted net profit soar on the back of increasing oil prices. 

  • Total Sells Share in Block Offshore Angola for $750 M

    4 February 2014

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its investment […]

  • TechnipFMC Posts $191M Profit

    27 April 2017
    Business & Finance, Equipment, Operations & Maintenance

    TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. Excluding charges and credits of $193.5 million, or $0.30 per diluted share, adjusted diluted earnings per share were $0.71. Total company operating profit was $379.7 million, with adjusted EBITDA at $684.4 million. Revenues for the quarter were $3.4 billion. Order intake […]

  • Total Sells Share in Angola Block to Sonangol

    4 February 2014

    Total announced the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its […]

  • Total’s profit slips, LNG sales rising

    31 October 2019

    French energy giant and LNG player Total saw its adjusted net profit drop in the third quarter as well as the first nine months of the year 2019.