Subsea 7 today announced the award of a sizeable contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore, east of Aberdeen. The contract scope involves the engineering, procurement, construction, transportation and installation (EPCI and T&I) of a 30km gas export pipeline, a gas export riser and associated subsea infrastructure, for tie-ins…
Harland and Wolff went into administration in August, putting about 120 jobs at risk, after the collapse of its Norwegian parent company InfraStrata. The yard, best known for building the Titanic, was bought for £6m by the London-based energy firm, InfraStrata. InfraStrata said it will retain the 79 workers who are still employed. It also…
McDermott International has confirmed this week that its Chinese joint venture, Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd has been awarded a large fabrication contract to provide three complex modules for the Arctic LNG 2 project in the Yamal-Nenets Autonomous Region in Russia. The scope of work awarded includes the fabrication of three Pre-Assembled Unit…
ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. The engineering, procurement, construction and installation (EPCI) contract is awarded for execution…
Heerema Marine Contractors has signed a new contract to support the construction of a wind farm project, this time in Taiwan. Assigned by the Taiwan branch of Jan de Nul, Heerema will take on the installation of 21 jacket foundations (4 legged) for the Changhua project. The Changhua Windfarm Phase 1 project is situated in…
ExxonMobil has announced that it has made a final investment decision to expand its Fawley refinery in the UK, which will boost production of ultra-low sulphur diesel by nearly 45 per cent, or 38,000 barrels per day. The more than £ million investment will help reduce the need to import diesel into the UK, which…
The new facility, one of two set to be built by Echelon, has political support and Ireland’s new approach to data centres will be under the spotlight. The objection has been made against Echelon’s project at Avoca River Park in Arklow, Country Wicklow. This has caused local Politicians some concern after planning delays lead to…
Oil & Gas UK released a new report today, claiming that exploration and production companies will need to invest at least £200bn to fully exploit the remaining potential of the UK Continental Shelf. Oil & Gas UK’s (OGUK) Business Outlook 2019 finds continued uncertainty in commodity markets is reinforcing investor caution, with forecasts indicating a…
Italian oil & gas company Eni have announced two discoveries from their exploration projects this week. On Wednesday the company revealed a major oil find from the Agogo exploration project, located in Block 15/06 offshore Angola. Approximately 180km off the coast, the Agogo-1NFW well was drilled by the Poseidon drillship in a water depth of…
The estimated amount has not been specified, but the Kingdom’s energy minister, Khalid Al-Falih, said that Saudi Aramco plan to conduct feasibility studies of the area. Subject to the results of the studies, exploration is likely to intensify in the area over the next two years. This finding will be a huge benefit to Saudi…