News Topics: Oilfield Services

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Tullow Oil Confirms Turret Bearing Cover
Friday, September 23, 2016 Tullow Oil plc states that hull and machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers, following the failure of the turret bearing earlier this year.

Polarcus to Conduct European 3D Seismic Acquisition
Friday, September 23, 2016 Polarcus Limited receives a letter of intent to conduct a 3D marine seismic acquisition in Europe, utilizing its XArray multiple source acquisition method.

Saipem Secures Drilling Contracts in Middle East, South America Worth $430M
Thursday, September 22, 2016 Saipem has been awarded new contracts, and extensions to existing contracts, in the Middle East and South American onshore drilling sectors worth $430 million.

Venezuela PDVSA Awards $3.2B Oil Service Contracts, Protest Brews
Wednesday, September 21, 2016 Venezuela's state oil company PDVSA says it has awarded $3.2 billion in contracts to drill wells in the Orinoco Belt.

UK Subsea Companies Head to Mexico on Showcase Mission
Wednesday, September 21, 2016 UK subsea companies will be heading to Mexico City, from September 26-29, on a showcase trade mission to increase business and trade opportunities in Latin America's most promising energy hubs.

RGU Secures Funding to Create Indian Oil, Gas Training Framework
Wednesday, September 21, 2016 Robert Gordon University receives funding from the UK Government to establish a sustainable training framework for the Indian energy sector.

Oil Servicers Looking For Output Boost In Venezuela, PDVSA Says
Tuesday, September 20, 2016 The world's largest oilfield services providers are making plans to help boost output in Venezuela, according to the president of the country's state-run oil company.

Technip Says Awarded ENOC Refinery Expansion Contract
Monday, September 19, 2016 Technip has been awarded an engineering procurement and construction contract by Emirates National Oil Company (ENOC) that plans to expand its Jebel Ali refinery by 50%.

Bumi Armada to Pay $85M in Reimbursement, Liquidated Damages for FPSO
Friday, September 16, 2016 Malaysia's Bumi Armada to pay $85 million in reimbursement and liquidated damages for delay in delivery of FPSO (floating production storage and offloading) Kraken.

Aker Lands Troll B Work
Friday, September 16, 2016 Aker Solutions secures a contract from Statoil to deliver a compression module for the Troll field in the North Sea, which will help boost output at the offshore Norwegian field.

Calfrac Weighs Entry Into Big Oil Regions Such As Saudi, Permian
Wednesday, September 14, 2016 Calfrac Well Services, the Canadian oilfield services provider, is considering expansion opportunities into two of the world's largest producing regions.

Thailand's Mermaid Maritime Bags Contracts in Southeast Asia, Middle East
Friday, September 09, 2016 Thailand's Mermaid Maritime bags subsea contracts in Southeast Asia and secures a contract extension for work in the Middle East.

Aker Solutions Secures Utgard Tie-in Work
Thursday, September 08, 2016 Aker Solutions secures a services contract for the tie-in of the Utgard gas and condensate field to the Statoil-operated Sleipner facilities in the North Sea.

Deep Investment Cuts Will Slow Rebound For Offshore Oil Services
Thursday, September 08, 2016 French oil services company Bourbon believes that any rebound in oil and gas prices will take a while to reach companies in the offshore marine sector.

FMC Wins Subsea Deal for Eni's Block 15/06 West Hub Development off Angola
Wednesday, September 07, 2016 FMC Technologies secures subsea contract from Eni for the Block 15/06 West Hub Development Project offshore Angola.

Wasco Signs $674M Contract for Nord Stream 2 Project
Wednesday, September 07, 2016 Malaysia-based Wah Seong Corp.'s indirect subsidiary Wasco Coatings Europe signs $674 million contract for Nord Stream 2 Project in Europe.

SKTLO Bags $65.3M Contracts for Work Offshore Malaysia, Vietnam
Thursday, September 01, 2016 SapuraKencana TL Offshore bags several contracts, worth around $65.3 million, for work offshore Malaysia and Vietnam.

Njord A Platform Arrives at Kvaerner Stord for Renovation Works
Friday, August 26, 2016 The Njord A platform has now arrived at Kvaerner Stord, where it will be reinforced and renovated for production beyond 2030.

PBJV Bags Contract from PETRONAS Carigali for Work Off East Malaysia
Friday, August 26, 2016 Barakah Offshore's unit PBJV bags contract to provide underwater services for PETRONAS Carigali's oil and gas fields offshore East Malaysia.

DMB Reveals Value of Recent Deal with Schlumberger in Saudi Arabia
Wednesday, August 24, 2016 Daya Materials Berhad (DMB) says its unit Daya Maxflo's recent contract with Schlumberger in Saudi Arabia was worth around $9.2 million.

Repsol's Faulty Yme Platform Removed From Norway Oil Field
Tuesday, August 23, 2016 The topside of Repsol's faulty Yme oil platform was removed from the field offshore Norway on Monday.

GE Oil & Gas Secures Wellhead Services Contract with ONGC
Tuesday, August 23, 2016 GE Oil & Gas secures a multi-million dollar frame agreement with Oil and Natural Gas Corporation Limited (ONGC), India's largest exploration and production company.

SPIE, Sparrows Group Form Oilfield Services Alliance
Thursday, August 18, 2016 Engineering firm Sparrows Group and SPIE Oil & Gas Services sign a global agreement to work in collaboration to support the energy sector.

Norway's $24B Fund Seeing End To Losses In Oil Services
Wednesday, August 17, 2016 The worst could be over for investors in Norwegian oil service high yield bonds.

Wood Group Secures Tengiz Services Contract
Tuesday, August 16, 2016 Wood Group will provide main automation contractor (MAC) services to Tengizchevroil (TCO) for the Future Growth Project-Wellhead Pressure Management Project at the Tengiz field in Kazakhstan.

GE Subsidiary Awarded Decommissioning Work Offshore Indonesia
Tuesday, August 16, 2016 GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, secures a field decommissioning contract with Premier Oil Indonesia to support the shut-down of four subsea wells in the Anoa Field.

LTHE Sees India Investing $5B in Offshore Upstream Sector Over 5 Years
Tuesday, August 16, 2016 L&T Heavy Engineering (LTHE) sees investments in India's offshore upstream oil and gas industry reaching up to $5 billion over the next 5 years, a top company executive says.

Petrofac, Tecnicas Reunidas Likely To Win Saudi Aramco Deals
Tuesday, August 16, 2016 Petrofac and Tecnicas Reunidas are likely to win contracts to build projects for state oil giant Saudi Aramco's Uthmaniyah and Ras Tanura plants, industry sources say.

Malaysia's Daya Maxflo Clinches 3 Year Contract from Schlumberger in the ME
Monday, August 15, 2016 Malaysia's Daya Maxflo clinches a 3 year specialized well services contract from Schlumberger in the Middle East.

IKM Subsea Secures North Sea Subsea Services Contract with Statoil
Thursday, August 11, 2016 IKM Subsea AS (IKM) secures a contract for ROV and subsea services from Statoil, covering the Visund and Snorre fields in the North Sea.

Court Orders Payment Freeze on Swiber's Bank Guarantee for Indian Projects
Wednesday, August 10, 2016 An Indian court grants an interim order to freeze payment on bank guarantees posted by Singapore's financially troubled Swiber Holdings for its projects offshore India.

GMS Secures New MENA Contract Awards
Friday, August 05, 2016 Gulf Marine Services receives a new contract award for one of its mid-size class vessels.

Fugro Completes Data Acquisition Program Offshore Western Ghana
Wednesday, August 03, 2016 Fugro completes a 33-month data acquisition program offshore Western Ghana for Hess Ghana Exploration Limited.

OGA Awards UKCS Exploration Study Contracts
Tuesday, August 02, 2016 The Oil and Gas Authority awards 4 contracts, with a combined value of more than $7.9 million over three years, for surface and subsurface studies to improve the understanding of the UKCS.

DNV GL Secures 5-Year North Sea Verification Contract
Tuesday, August 02, 2016 DNV GL has been awarded a 5 year contract to provide in-service verification work for Wintershall Noordzee B.V.'s (WINZ) RAVN and A6-A platforms, which are located in the North Sea.

DOF Subsea Bags IRM Contract for Shell Australia's Prelude FLNG Facility
Monday, August 01, 2016 DOF Subsea bags an inspection, maintenance and repair contract from Shell Australia for the Prelude floating liquefied natural gas (FLNG) facility to be deployed offshore Western Australia.

Geo Oceans Pioneers Use of Subsea Robotics Technology in FPSO Project
Friday, July 29, 2016 Geo Oceans uses subsea robotics technology to complete a diverless hull inspection project off Australia.

Malaysia's PBJV Clinches $9.4M T&I Contract for SKO Field Off Sarawak
Thursday, July 28, 2016 Barakah Offshore's unit PBJV clinches a $9.4 million transportation and installation contract for the SKO Field in Sarawak off Malaysia.

Neptune Marine Services Wins Contract from PTTEP Australasia
Thursday, July 28, 2016 Australia's Neptune Marine Services wins inspection services contract from PTTEP Australasia.


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