News

  • Schlumberger and Rockwell Create Digital Oilfield Solution

    Oilfield services giant Schlumberger and Milwaukee-based Rockwell Automation are teaming up to create a fully integrated digital oilfield automation solutions provider for the oil and gas industry.   The two companies entered into a joint venture to create Sensia. The Sensia JV will provide measurement…

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  • Guyana and Brazil to lead demand for high capacity FPSOs

    As activity picks up in the offshore oil and gas market, consultant Rystad Energy expects 33 FPSOs to be sanctioned from 2019 to 2021.   According to the consultant, 13 FPSOs will require a production capacity of less than 60,000 b/d, ten will require a…

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  • Oil and Gas Stepping Up Its Exploration Game

    After years of budget cuts, oil and gas companies are finally stepping up their exploration game.   That is according to Rystad Energy, which said improved market conditions and lower well costs have led exploration and production players to “ramp up” their 2019 exploration activities…

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  • James Fisher expands in Middle East with Murjan acquisition

    Marine and oil and gas services provider James Fisher and Sons (JFS) has continued its expansion in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting (MSMC).   JFS said on the 19th February that the acquisition of Saudi Arabia-based MSMC would add nearshore…

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  • South Pars 24A platform in place offshore Iran

    The HL5000 barge has installed the second offshore platform at the South Pars phases 22-24 project in the Persian Gulf.   Pars Oil and Gas Company told news service Shana that ‘push-pull’ technology was applied to place the 2,300-ton 24A satellite platform structure at its…

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  • Contracts let for gas fields off Sarawak

    Sarawak Shell Bhd. and Sapura Exploration & Production have let contracts to McDermott for work related to the linked development of three natural gas fields offshore Malaysia.   The Shell unit’s contract covers transportation and installation of jackets, topsides, and pipelines for Gorek field.  …

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