Oilfield Services News


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US Oil Service Firms Face Hit from Venezuela Debt Restructuring
Monday, November 06, 2017 The companies' services are critical for Venezuela.

US Oil Service Firms Face Hit from Venezuela Debt Restructuring
Monday, November 06, 2017 The companies' services are critical for Venezuela.

US Oil Service Firms Face Hit from Venezuela Debt Restructuring
Monday, November 06, 2017 The companies' services are critical for Venezuela.

US Oil Service Firms Face Hit from Venezuela Debt Restructuring
Monday, November 06, 2017 The companies' services are critical for Venezuela.

Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Tuesday, March 21, 2017 Aker Solutions secures a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.

Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Tuesday, March 21, 2017 Aker Solutions secures a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.

Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Tuesday, March 21, 2017 Aker Solutions secures a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.

Wood Group Wins Mad Dog 2 Contracts
Tuesday, March 14, 2017 Wood Group secures 2 separate contracts related to BP plc's Mad Dog 2 project, which will see the company provide engineering services to further develop deepwater production.

Wood Group Wins Mad Dog 2 Contracts
Tuesday, March 14, 2017 Wood Group secures 2 separate contracts related to BP plc's Mad Dog 2 project, which will see the company provide engineering services to further develop deepwater production.

Saudis Still Bear Brunt of Oil Cuts as OPEC Output Drops
Thursday, March 02, 2017 Saudi Arabia continued to lead OPEC's efforts to cut production, helping the organization get closer to a goal set out in a historic accord last year.

CGG Wins DPC Contract in Brunei
Tuesday, February 21, 2017 Geoscience company CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its Seria office in Brunei Darussalam.

Rolls-Royce Marine to Cut 800 Jobs by Summer
Tuesday, February 14, 2017 Rolls-Royce's marine division plans to conclude the reduction of around 800 roles worldwide by the summer, according to a company spokesperson.

DNV GL Launches Digital Platform to Facilitate Collaboration
Thursday, February 09, 2017 Oil and gas industry advisor DNV GL launches a new digital platform to facilitate connections between different industry players, domain experts and data scientists.

Shell Submits Brent Decom Plans, Launches Public Consultation
Wednesday, February 08, 2017 An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun.

Petrofac Secures BP North Sea Services Contract Extension
Monday, February 06, 2017 Oilfield services firm Petrofac secures a 3 year extension to a maintenance services contract with BP in the North Sea.

Petrofac Secures BP North Sea Services Contract Extension
Monday, February 06, 2017 Oilfield services firm Petrofac secures a 3 year extension to a maintenance services contract with BP in the North Sea.

Subsea 7 Takes Delivery of New Vessels
Thursday, February 02, 2017 Oilfield services company Subsea 7 has taken delivery of 2 new vessels, completing a "substantial and targeted fleet investment program" that has added 6 new-build vessels to the Subsea 7 fleet since 2014.

Energean Appoints Technip FMC as Karish, Tanin FEED Contractor
Thursday, February 02, 2017 Independent energy firm Energean Oil & Gas appoints TechnipFMC as the Concept and Front End Engineering Design (FEED) contractor for the Karish and Tanin development program.

Petro Matad Progresses Mongolian Drilling Program
Friday, January 27, 2017 In preparation for its drilling program in Mongolia's Blocks IV and V, which is expected to commence in mid-2017, Petro Matad Limited has issued a tender for a drilling rig and related services.

Xodus Wins Apache North Sea Well Contract
Monday, January 23, 2017 Xodus Group wins a contract with North Sea operator Apache to deliver subsea engineering services for 2 new infill well developments at the Nevis and Skene fields in the Northern North Sea.

Technip Secures Services Contract from Socar GPC
Wednesday, January 04, 2017 Technip secures a contract from Socar GPC for the development of the process and engineering design of all process units included in a new gas and petrochemical plant, located in Garadagh, Azerbaijan.

Statoil Awards Aibel Snorre FEED Study
Friday, December 16, 2016 Statoil has awarded Aibel a FEED study for modifications on the Snorre A platform in connection with the Snorre Expansion project.

Statoil Awards Aibel Snorre FEED Study
Friday, December 16, 2016 Statoil has awarded Aibel a FEED study for modifications on the Snorre A platform in connection with the Snorre Expansion project.

Saipem Limited Wins BP Decommissioning Contract in North Sea
Friday, December 16, 2016 Oilfield services firm Saipem Limited, a subsidiary of Saipem SpA, has been awarded a new decommissioning contract in the North Sea.

Saipem Limited Wins BP Decommissioning Contract in North Sea
Friday, December 16, 2016 Oilfield services firm Saipem Limited, a subsidiary of Saipem SpA, has been awarded a new decommissioning contract in the North Sea.

Petrofac Says Services Business Sees Higher Bidding Activity
Thursday, December 15, 2016 Petrofac Ltd said deferral and cancellation of projects hurt order intake at its biggest unit this year, but the recovery in oil prices has helped improve bidding activity for services contracts.

Technip Secures Prelude FLNG Services Contract
Thursday, December 15, 2016 Technip has been awarded an engineering and project management services contract by Shell Australia, in support of the Prelude FLNG project.

Petrofac Secures SOC Services Contract in Iraq
Wednesday, December 14, 2016 Petrofac has secured a contract worth $75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).

Wood Group, Heerema Fabrication Group Team-Up on NCS
Tuesday, December 06, 2016 Wood Group and Heerema Fabrication Group sign a Memorandum of Understanding to team-up and offer wellhead platform development services to clients on the Norwegian Continental Shelf.

Wood Group, Heerema Fabrication Group Team-Up on NCS
Tuesday, December 06, 2016 Wood Group and Heerema Fabrication Group sign a Memorandum of Understanding to team-up and offer wellhead platform development services to clients on the Norwegian Continental Shelf.

Subsea 7 Secures Services Contract with Woodside Energy
Friday, December 02, 2016 Oilfield services company Subsea 7 S.A. secures a sizeable contract with Woodside Energy Ltd for the Greater Western Flank Phase 2 Project, offshore Australia.

Subsea 7 Secures Services Contract with Woodside Energy
Friday, December 02, 2016 Oilfield services company Subsea 7 S.A. secures a sizeable contract with Woodside Energy Ltd for the Greater Western Flank Phase 2 Project, offshore Australia.

Aibel Secures Troll C FEED Contract
Wednesday, November 30, 2016 Oilfield services firm Aibel secures a contract for a FEED (front end engineering design) study for the installation of a new gas module on the Troll C platform, located offshore Norway.

Aker BP Awards 5-Year Services Contract to DNV GL
Wednesday, November 30, 2016 Aker BP awards a new frame agreement to DNV GL covering a range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf.

Report: North Sea Decom Will Grow Steadily Over Next Decade
Tuesday, November 15, 2016 North Sea decommissioning offshore Norway and the UK will grow steadily over the next 10 years, according to Oil & Gas UK's Decommissioning Insight report.

Saipem Secures Services Contracts Worth $1B
Thursday, November 10, 2016 Oilfield services firm Saipem has been awarded new contracts in the offshore segment worth an overall amount of around $1 billion.

Weir Oil & Gas Secures KOC Wellhead Contract
Monday, November 07, 2016 Weir Oil & Gas Dubai makes an agreement with Kuwait Oil Company for the purchase of 295 Seaboard wellheads, representing approximately $12 million.

Statoil Awards Services Contracts for Trestakk Development
Friday, November 04, 2016 Statoil awards an EPCI contract to FMC Technologies and Technip Norge, and a topside contract to Aker Solutions, for deliveries to the Trestakk development.

Petrofac Secures Mubadala Petroleum Services Contracts
Monday, October 31, 2016 Petrofac secures new and modified contracts from Mubadala Petroleum relating to the FPF-003 floating production, storage and offloading vessel located in the Jasmine/Ban Yen field in the Gulf of Thailand.

Technip Raises Full-Year Objectives As 3Q Beats Forecast
Thursday, October 27, 2016 Technip raises its full-year 2016 objectives for its subsea division as its revenue and profit beat 3Q expectations.

Subsea 7 Secures Services Contract Offshore Egypt
Thursday, October 20, 2016 Oilfield services firm Subsea 7 S.A. secures a "substantial" services contract offshore Egypt, worth between $150-300 million, from Pharaonic Petroleum Company.

Technip Awarded Subsea Contract in Malaysia
Friday, October 14, 2016 Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of PETRONAS, to support the Samarang Redevelopment Project Phase 2 EOR in Malaysia.

Technip Awarded Subsea Contract in Malaysia
Friday, October 14, 2016 Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of PETRONAS, to support the Samarang Redevelopment Project Phase 2 EOR in Malaysia.

Technip, FMC Team Up for Lancaster Project
Wednesday, October 12, 2016 Hurricane Energy plc selects Technip and FMC Technologies, operating under an alliance, as its exclusive provider of subsea solutions for the Lancaster Early Production System.

Technip, FMC Team Up for Lancaster Project
Wednesday, October 12, 2016 Hurricane Energy plc selects Technip and FMC Technologies, operating under an alliance, as its exclusive provider of subsea solutions for the Lancaster Early Production System.

DEA Norge Awards Dvalin EPCI Contract to Technip
Tuesday, October 11, 2016 DEA Norge awards an EPCI contract to Technip Norge AS for the smaller structures and pipelines, as well as the subsea installation work, of the Dvalin development in the Norwegian Sea.

Wood Group Receives Authorization to Start Well Pad Work at Firebag Site
Tuesday, October 11, 2016 Wood Group receives authorization to conduct cost-saving well pad design work at the Firebag in-situ site in Alberta, Canada, as part of a recently signed agreement with Suncor Energy.

Exova Secures Testing Contract with Subsea 7
Monday, October 10, 2016 Global testing company Exova agrees a new 2-year framework agreement with Subsea 7 to provide testing services in support of its pipeline welding activities.

Aker, Aibel Win Contracts Worth $600M for Dvalin Work, Offshore Norway
Tuesday, October 04, 2016 Oil and gas producer DEA awards contracts worth approximately $600 million to Aker Solutions and Aibel.

Aker, Aibel Win Contracts Worth $600M for Dvalin Work, Offshore Norway
Tuesday, October 04, 2016 Oil and gas producer DEA awards contracts worth approximately $600 million to Aker Solutions and Aibel.