Pipeline Magazine Industry News

14/12/2017 12:00am
The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.
14/12/2017 12:00am
Saudi Aramco has awarded a US$175 million contract to Baker Hughes, a GE company (BHGE) to drive enhanced production at the Haradh and Hawiyah gas fields, underlining the strong local partnerships of BHGE in the Kingdom.
14/12/2017 12:00am
Aker Solutions has signed a framework agreement to provide subsea services for Statoil-operated oil and gas fields offshore Norway from 2018.
14/12/2017 12:00am
Italy's Eni and ExxonMobil have completed the deal, signed back in March 2017, that sees the U.S. oil major acquire a 25 per cent indirect interest in Mozambique’s gas-rich Area 4 block in the Rovuma Basin from Eni and assume responsibility for midstream operations.
14/12/2017 12:00am
Baker Hughes, a GE company (BHGE) has inaugurated its Artificial Lift Centre of Excellence at its multi modal facility in the MODON site in the 2nd Industrial City of Dammam, underlining its commitment to localised manufacturing and Saudi talent development.
14/12/2017 12:00am
SNC-Lavalin and Saudi Aramco have signed a Memorandum of Understanding (MoU) signalling SNC-Lavalin’s continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia.
13/12/2017 12:00am
ABB will provide Woodside, Australia’s largest independent oil and gas company, with a PowerStore Battery storage system that is capable of remote management of operations and service. The system will be installed on the Goodwyn A platform. This ABB solution will contribute to Woodside’s 2020 goal of reducing carbon emissions and will help lower cost of operations and maintenance.
13/12/2017 12:00am
The costs, causes, and repercussions of unplanned downtime are triggering investment in digital tools and field service management, according to a new study commissioned by ServiceMax from GE Digital, a provider of field service management solutions.
13/12/2017 12:00am
Italy’s Eni has announced that it has completed its 2017 drilling campaign in Area 1, offshore Mexico, and has increased hydrocarbon in place estimate to 2 billion barrels.
13/12/2017 12:00am
Petrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP).
13/12/2017 12:00am
Petrofac has been awarded a US$800 million contract by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in Oman.
13/12/2017 12:00am
TechnipFMC officially opened its new 18,000 m2 fully capable Surface International facility in ICAD II as part of its continued investment in the UAE to grow its integrated offerings into the Middle East.
13/12/2017 12:00am
ADNOC Distribution successfully listed its shares on the Abu Dhabi Securities Exchange (ADX) following a bell ringing ceremony led by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO and His Excellency Hamad Al Shamsi, Chairman of the ADX.
12/12/2017 12:00am
Ineos has found a crack on the Forties pipeline which is a strategic UK asset that delivers almost 40 per cent of the UK’s North Sea oil and gas. Repairs could take a couple of weeks and has led to a large number of platforms suspending production.
12/12/2017 12:00am
Keppel Offshore & Marine (Keppel O&M) has been awarded two contracts from Petrobras in Brazil and SOFEC in Mozambique, worth a combined value of US$130 million.
12/12/2017 12:00am
Valve operation specialist Sofis is to supply 4,500 Netherlocks interlocks to an EPC contractor delivering the first phase of a heavy oil development programme for the Kuwait Oil Company (KOC).
11/12/2017 12:00am
Seatronics, a marine electronic equipment specialist in subsea services group Acteon, has appointed Akram Ali as its regional manager for the Middle East
11/12/2017 12:00am
V.Ships Offshore, part of V.Group, has been awarded the contract to provide operations and full technical management of the floating storage and offloading (FSO) vessel – Pertamina Abherka in Indonesia.
11/12/2017 12:00am
Hanwha Total Petrochemical, a 50/50 joint venture between Hanwha and Total, will invest more than US$300 million to expand its integrated refining & petrochemicals platform located in Daesan, South Korea.
11/12/2017 12:00am
Norway’s DNO has announced that it is tripling of production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd).