Latest News
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Saudi Aramco awarded a contract* to McDermott International for engineering, procurement, construction, and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.
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Wood secured two new contracts from Equinor for onshore and offshore facilities in Norway.
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The oil industry is investigating carbon capture and sequestration projects after Congress passed expanded tax credits last year. But questions linger about how much industry investments will actually lower greenhouse gases.
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The Bureau of Safety and Environmental Enforcement is launching a safety initiative to bring critical information directly to offshore workers on the outer continental shelf. The BSEE!Safe program uses text messages to send links to its published Safety Alerts and Bulletins.
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A key driver of socioeconomic change in any project context can be rapid population growth. Labor influx can have positive effects, but it often results in adverse effects. This paper summarizes a portfolio review focused on labor influx and social effects commissioned by the World Bank.
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Equinor has awarded Subsea 7 with an engineering, procurement, construction, and installation (EPCI) contract for the Johan Sverdrup Phase 2 project in the Norwegian North Sea. The contract covers approximately 62 mi of rigid pipelines, including 25 mi of pipe-in-pipe flowlines, 17 mi of water injection, and 23 mi of gas injection pipelines. Project management and eng…
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DNV GL has won a contract to provide independent verification services for Energinet’s section of the Baltic Pipe project offshore Denmark. The Baltic Pipe project will enable the transport of gas from Norway to an export facility on the Danish island of Zealand via the Europipe II in the Danish North Sea. DNV GL’s contract includes independent verification and submar…
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New analysis from Rystad Energy shows service companies are beginning to raise prices after seeing a significant drop following the oil price downturn. Pricing power is projected to keep rising in 2020 as the service industry sees more demand across the supply chain.
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Marathon Oil says its shale fields are producing more oil and gas with less hands-on work from company personnel thanks to a growing arsenal of digital technologies and workflows.
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Canadian engineering and construction group SNC-Lavalin has named Ian L. Edwards as its interim president and CEO. Edwards, who has been the company’s COO since January, holds more than 30 years of global experience in delivering infrastructure and resources projects across North America, Europe, the Middle East, and the Asia Pacific region. He joined SNC-Lavalin in 2…
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Bravo is the second of four platforms to be decommissioned and removed from the Brent field, following Brent Delta in 2017. The field has produced approximately 3 billion boe since 1976.
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Ranking places US ahead of Saudi Arabia and Russia.
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