Production & Processing
‘Substantial’ iEPCI win for TechnipFMC with Shell
TechnipFMC has secured a contract with Shell for what is said to be the first integrated engineering, procurement, construction, and installation (iEPCI) project to use high-pressure subsea production systems rated up to 20,000 psi (20K). Under the contract deemed as “substantial”, TechnipFMC will m
Multiple P&A activities on the list for UK firm under £1 million contract
UK-headquartered oil and gas engineering services business Plexus Holdings has secured a contract valued at over £1 million to deliver equipment and services for multiple plug and abandonment (P&A) activities in the North Sea. Under the contract with an undisclosed client, Plexus will provide Exact
Equinor hires compatriot company for diving intervention services
Norway’s energy giant Equinor has signed a long-term frame agreement for diving intervention services with compatriot SubseaPartner. The frame agreement focuses on contingency preparedness for Equinor as the principal user, in addition to 23 other operating companies participating in the Pipeline Re
Expro acquires UK firm to expand well construction and intervention portfolio
Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said
Petrobras targets reliable subsea production with topside-less technology
Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology coopera
China’s first locally-made subsea tree put into use
China’s oil and gas giant China National Offshore Oil Corp. (CNOOC) has rolled out the country’s first locally-made subsea Xmas tree. CNOOC reported that the first China-produced subsea Xmas tree was officially put into use on February 6. The subsea tree is 3.5 meters long, 3.2 meters wide, and 3 me
Oceaneering reels in $200 million in new contracts
Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr
Vår Energi awards Norwegian firm with long-term well control contract
Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
A consortium of McDermott and Baker Hughes has completed the installation of subsea infrastructure for Inpex its gas field located offshore Australia. Awarded to the consortium in 2019, the subsea infrastructure development project for the Ichthys field included engineering, procurement, constructio
Trendsetter wraps up deepwater well stimulation campaigns for ‘major operators’
Texas-based oil and gas services company Trendsetter Engineering has completed two deepwater well stimulation campaigns for what the company says are major operators in the US Gulf of Mexico. These campaigns saw acid treatments performed on a total of six wells, in water depths from 6,500 to 7,200
Longitude Engineering gets subsea contract for Egyptian gas field
London-headquartered engineering consultancy Longitude Engineering, part of ABL Group, has won a contract to deliver design and engineering services for the subsea development at a gas field located offshore Egypt. Longitude Engineering will provide detailed design and engineering services for the s
TechnipFMC and BP extend long-standing relationship with new contract
TechnipFMC has secured a contract that it describes as “significant” to deliver subsea services for BP in the Gulf of Mexico. TechnipFMC has been awarded a contract by BP for its Argos Southwest Extension project in the Mad Dog field, under which it will install pipe and an umbilical, tying back thr
Strohm’s first TCP Jumper in West Africa installed for TotalEnergies
Dutch thermoplastic composite pipe (TCP) producer Strohm has supplied its first TCP Jumper in West Africa for French energy giant TotalEnergies. Strohm has supplied TotalEnergies with a TCP Jumper commissioned in the Egina field in the deep water of 1,600 meters in Nigeria. The installation followed
‘Substantial contract’ win for CRP Subsea at Brazilian oil field
CRP Subsea, part of AIS, has secured what it says is a “substantial contract” to deliver distributed buoyancy modules (DBMs) to an oil field project offshore Brazil. CRP Subsea said the contract was awarded by a “leading energy technology company” for a deepwater oil field project situated in the pr