TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract from ConocoPhillips for the TOR II development, the company said on April 23.
The year is shaping up to be a solid one of transition for the offshore sector.
Halliburton Co. announced the execution of an integrated services contract with Royal Dutch Shell for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins on April 17.
McDermott International Inc. said April 12 it has been awarded a large EPCI contract from Qatargas for expansion of the North Field offshore facilities in the State of Qatar.
Sapura Energy Berhad registered a strong start to its financial year with five new contracts valued at approximately RM1.3 billion (US$315 billion) for its engineering and construction as well as drilling segments, the company said on April 12.
Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic, the company said on April 11.
Aker Solutions and FSubsea agreed to create FASTSubsea aimed at helping operators increase oil recovery in a faster, simpler and more environmentally friendly way.
KBR Inc. said April 9 that BP has awarded KBR’s U.K. operating subsidiary the pre-FEED services contract for Phases 2 and 3 of BP’s Greater Tortue Ahmeyim project, for the further development of Tortue field beyond Phase 1, located at the maritime border of Senegal and Mauritania.
TechnipFMC said April 9 it has been awarded a significant contract for the Lapa pre-salt field by Total E&P do Brasil Ltda., on behalf of the Lapa Field consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil SA (25%) and Petrobras (10%).
In the North Sea there are many small oil fields that remain stranded due to the perception that the extraction of these resources will be overly onerous. Ensuring these fields are produced profitably requires accurate information and a clear strategy when it comes to flow assurance.
