Drilling restarts on Coral Sul FLNG
The Area 4 partners in Mozambique have resumed drilling on the Coral Sul project, according to regulator Instituto Nacional de Petróleo (INP).
Saipem
BiFab administrator seeks buyer as it rules out immediate redundancies
The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage.
Need for some lateral thinking in rig market
Just a few days ago Rystad Energy said the world was fast running out of heavy lift vessels capable of handling the accelerating boom in offshore windfarm investment and construction.
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Governments have ‘no legal route to provide further financial support to BiFab’
The UK and Scottish governments have no legal route to provide further financial support to Burntisland Fabrications (BiFab), according to a joint statement from both sides.
Scottish firm awarded multi-million pound wind farm contract
A Scottish manufacturing firm has snapped up a multi-million pound contract to support construction work for a major North Sea wind farm.
Aramco awards long-term work to eight
Saudi Aramco has announced the award of long-term agreements (LTAs) with eight companies, focused on brownfield and plant upgrades.
Scottish Government urged to be transparent over decision to remove BiFab support
The Economy Secretary is being urged to be transparent over the decision making process which led to the Scottish Government withdrawing its support for Burntisland Fabrications (BiFab).
Future of BiFab hangs in the balance as Scottish Government withdraws support
The future of Scottish manufacturer Burntisland Fabrications (BiFab) now hangs in the balance after the Scottish Government confirmed it has pulled support for the firm.
Shift to renewables could be a painful transition for offshore supply chain
Potential pitfalls await those unprepared for the push towards diversification from conventional energy writes Gregory Brown, Maritime Strategies International.
Saipem and Snam join forces to develop new energy transition technologies
Saipem has signed a Memorandum of Understanding with a leading energy infrastructure operator to start working together on new energy transition technologies.
Europe could see $35bn in CCS spending till 2035, with UK dominating
It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent, a Rystad Energy analysis shows.
One of the world’s largest offshore construction vessels arrives off the coast of Fife
One of the world’s largest offshore construction vessels has arrived off the coast of Fife.
Saipem to downsize investment plans after losses of £644m
Saipem has confirmed it will “considerably” downsize its investment plans after posting pre-tax and interest losses of £644 million for the first half of this year.
EnQuest removes Thistle platform tanks, reported ‘minor’ spill
EnQuest said today it had removed the troublesome oil storage tanks from the jacket of its Thistle platform in the UK northern North Sea.
Saipem bags Seagreen wind farm installation job
Italian engineering and construction firm Saipem has won a contract to install turbine foundations for the Seagreen wind farm, off the coast of Angus.
Besix confirms Mozambique LNG jetty work
Belgium’s marine construction specialist Besix, working with Mota-Engil, will build the marine facilities for the Mozambique LNG project.
Mozambique LNG site clear of coronavirus
There are no cases of coronavirus at the Mozambique LNG site, in the country’s north, Australia’s RBR Group has reported.
Saipem wins £260m deal with Petrobras in Brazil
Italian oil and gas contractor Saipem has announced a multi-million pound deal with Petrobras at its Buzios pre-salt field.
Move to green energy paying dividends for Petrofac and Saipem during Covid-19
It is no accident that those traditional oil and gas companies which shifted investment and skills towards the renewable energy market are the same firms now celebrating big offshore wind contracts.
International lenders come together for NLNG
A consortium of local and Nigerian banks, with three export credit agencies (ECAs), have agreed to provide $3 billion of financing for the seventh train at Nigeria LNG (NLNG).
Saipem firms up NLNG construction win
Nigeria LNG has awarded an engineering, procurement and construction (EPC) contract for a seventh train, worth more than $4 billion.
Saipem wins £225m Baltic Sea pipeline project
Engineering firm Saipem has won a £225million project to transport and install a new natural gas pipeline in the Baltic Sea.
Saipem’s ‘outlook good’ but sinks to red as offshore drilling assets take £228m write-down
Italian energy services firm Saipem said its outlook is “good” but the recent deterioration of the oil market sunk the company to a loss in the first quarter of the year.
Descalzi in line for Eni spot despite objections
The Italian government has expressed its support for Claudio Descalzi to remain in his post as CEO of Eni despite misgivings voiced from a number of sources.