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NEWS |
The Prospects of the Subsea Oil & Gas Industry
The recovery of oil prices this year brought about a welcome recovery in offshore drilling activity. Offshore oil and gas projects in many parts of the world become increasingly competitive after the (...)
NEWS |
Shell to sell stake in Greater Sunrise fields to East Timor for $300m
Shell Australia has reached a $300m agreement to divest its 26.56% interest in the Greater Sunrise natural gas fields located off the northern coast of the country to East Timor.
NEWS |
SPE Offshore Europe 2019 Proving Popular With Industry As Companies Snap Up Exhibition Space At New Venue
More than 80% of exhibition space for SPE Offshore Europe 2019 has been sold according to the event’s organisers.
NEWS |
Wood awarded multimillion dollar contract extension for Upper Zakum oil field project
Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the the UZ750 mega project offshore Abu Dhabi.
NEWS |
Wood secures $53 million of contracts supporting ADNOC Onshore
Wood has been awarded three new, call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC).
NEWS |
Woodside’s Greater Western Flank starts early and $890m under budget
Woodside’s Greater Western Flank Phase 2 has started feeding gas to the North West Shelf LNG plant ahead of schedule and under budget.
NEWS |
Quadrant goes after Apache for $156m
Santos takeover target Quadrant Energy is chasing more than $US111 million ($156 million) from US-based Apache in a dispute related to its acquisition of the US company’s Australian oil and gas busine (...)
NEWS |
Wood wins new IRPC contract in Southeast Asia
Wood has been awarded a new contract by IRPC Plc for its Maximum Aromatics (MARS) project, leveraging its operations in the Southeast Asian oil and gas market.
NEWS |
Woodside lets FPSO contract for proposed Browse-NWS LNG project
Woodside Petroleum Ltd., Perth, has let a contract for the concept definition and engineering of two natural gas floating production, storage, and offtake facilities for its proposed Browse—North West (...)
NEWS |
Wood secures US$250 million in US midstream sector contracts
Wood has secured a string of new midstream sector contracts across the US, solidifying its place in what the company considers to be a key growth market.
NEWS |
East Timor buys ConocoPhillips' stake in Sunrise gas field - report
East Timor has signed a deal to buy ConocoPhillips’ stake in the Greater Sunrise gas field off the country’s southern coast for $350 million, the Australian Financial Review reported on Monday.
NEWS |
Subsea 7 Wins Integrated Contract Offshore GoM
Subsea 7 has been awarded a contract by Fieldwood Energy to Subsea Integration Alliance on Oct. 2, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.
NEWS |
Deals this week: Baker Hughes, Ampelmann, Wood Group
Baker Hughes, a subsidiary of GE, has secured a three-year extension of a subsea services frame agreement signed with Equinor.
NEWS |
Wood Group slips to loss as it hails recovery
Energy services firm Wood Group posted results ahead of expectations as it grew revenue despite additional charges pushing it to a loss. Shares in the firm swelled five per cent in early trading after (...)
NEWS |
Wood wins contract from Shell for Malampaya project
Wood will deliver asset management services to the $4.5bn Malampaya deepwater gas-to-power project in the Philippines under a new contract awarded by Royal Dutch Shell.
NEWS |
Wood wins new contract for the proposed Scarborough gas field development
Wood has been awarded a new contract by Woodside to support the execution of concept definition for the proposed Scarborough upstream development, offshore Western Australia.
NEWS |
Global oil demand could peak by 2036
Global oil demand could peak within 20 years driven by a rapid shift towards electric vehicles (EVs). That is the conclusion of one of the world's most influential oil consultancies, Wood Mackenzie, w (...)
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