The work includes the installation of a second 30-in, diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable as well as EPCI work for the 10-well, deepwater field development, Saipem said in the release.
The oilfield service sector is making a comeback, energy analysts say. However, investors remain wary of the industry that bottomed out in 2016 when oil prices slumped.
Today’s Forty Under 40 honoree is John Taplett, an energy investment banker and naval intelligence officer who serves as COO of Houston-based OAG Analytics.
The scope of the engineering, procurement and construction contract includes a pump station, with a manifold foundation and protective structure; and a pump module, topside equipment, umbilical, and all-electric controls with electric actuation, Schlumberger said in a news release Dec. 18.
The deal, which is expected to close in first-half 2019 subject to subject to customary closing conditions, is one in a series of planned divestitures that will help deleverage Weatherford’s capital structure, the company said in a news release.
Sonangol EP and ExxonMobil Corp. (NYSE: XOM) on Dec. 14 signed a memorandum of understanding defining the intention of signing the risks with service contracts , for Blocks 30, 44 and 45 of the Namibe Basin.
Woodside and Cairn Energy awarded FEED contracts for Senegal’s first oil project, a key step before a final investment decision expected in mid-2019, Woodside said on Dec. 17.
Today’s Forty Under 40 honoree is Black Mountain CFO Houston Simmons, who helped build Tudor, Pickering, Holt & Co. from the ground up earlier in his career.
Google Cloud’s Darryl Willis is leveraging his oil and gas experience as a geophysicist with BP to bridge the digital divide between industry and the inevitable transition to artificial intelligence.
Plus, Australia finally tops world LNG stage, a new offshore exploration lawsuit emerges in the U.S. and 25 Influential Women in Energy announced.