OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…
Scotland’s Paradigm Drilling Services is establishing its presence in Mexico by investing an initial US$5 million into the country and creating a Mexican subsidiary, Paradigm Drilling Services Mexico. Innes…
UK Prime Minister David Cameron has reinforced the government’s support for the North Sea oil and gas industry at a meeting with industry representatives, hosted jointly with Treasury ministers Danny Alexander and Priti Patel. Chief Secretary…
Ceona christened its flagship vessel, the Ceona Amazon, in Bremerhaven, Germany. Image from Ceona. The Ceona Amazon is 199.4m long and 32.2m wide, drawing 8m with a gross tonnage of 33…
Cameron has been awarded a multi-year contract by ExxonMobil Canada Properties for wellhead equipment and production trees for the Hebron project, a 52-well development located offshore Newfoundland. Cameron will supply large-bore, high-pressure equipment including wellheads…
Scotland is to remain a part of the United Kingdom after the results of a historic referendum revealed this morning (September 19) that a majority had voted no to independence. However, despite many keen to maintain the status quo…
San Diego, California-based Sempra Energy is considering adding liquefaction capacity to its LNG regasification plant at Energía Costa Azul (ECA) in Baja California, Mexico. Subsidiary Sempra LNG's Energía Costa Azul is the first liquefied…
Cameron has introduced its new Mark IV system, featuring a redundant, three point-of-distribution (POD) design as an option for its subsea BOPs. Conventional subsea BOP control systems use a two-POD design, providing a single spare if the primary control POD becomes unavailable…
Matthew Hancock has been named as Britain's fourth new energy minister in less than two years as part of a major reshuffle in the UK's coalition government cabinet. It is Prime Minister David Cameron's biggest government shake-up since coming to power in 2010…
BP and the China National Offshore Oil Corp. (CNOOC) signed a heads of agreement regarding the supply of up to 1.5MTPA of liquefied natural gas (LNG) over 20 years starting in 2019, the supermajor announced on 17 June 2014. The agreement…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
Siemens is investing more than US$262 million in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6Mw class is planned, with a new logistics and service center slated for Hull…
US Senator Mary L. Landrieu, D-La., chair of the Senate Committee on Energy and Natural Resources, held a hearing on how increasing exports of LNG will create thousands of high-paying jobs and support U.S. allies abroad. The hearing, entitled “Importing Energy…
OneSubsea™ has shipped its 100th subsea tree from its manufacturing facility at Port of Tanjung Pelepas in Johor, Malaysia. The state-of-the-art facility has been operating since 2007 providing subsea wellhead systems, valves and trees across the globe…
The UK’s North Sea oil and gas industry was put under a national spotlight today, both by the industry and the nation’s politicians. The industry and government welcomed the outcome of industry veteran Sir Ian Wood’s UKCS Maximizing Recovery Review final report…