Field Development

Subsea 7 secures additional contract for Vito field in Gulf of Mexico

Subsea 7 has secured a second construction contract from Enbridge Offshore Facilities for the Vito field development in the US Gulf of Mexico.

Equinor inaugurates power-from-shore solution for Johan Sverdrup project

Equinor and its partners have inaugurated the power-from-shore solution that has been designed to supply electricity to the Johan Sverdrup project in the North Sea for more than 50 years.

Shell and partners take FID on Arran field development in North Sea

Shell UK, with partners Rockrose Energy and Dyas U.K., have taken a final investment decision (FID) for the development of the Arran gas and condensate field in the UK North Sea.

Aasta Hansteen Offshore Field

Aasta Hansteen offshore field (previously Luva) is located in 1,300m of water in the Norwegian Sea, approximately 300km from the Nordland County offshore Norway.

NKT to supply offshore HVDC cable system to Johan Sverdrup phase 2 project

NKT is all set to get a contract of around €110m from Equinor Energy for a 200km long cable system for the Johan Sverdrup phase 2 project offshore Norway.

OMV to acquire stake in Achimov deposits in Russia’s Urengoy gas field

Austrian oil and gas company OMV is all set to acquire a stake of 24.98% in the fourth and fifth phase development of the Achimov deposits in the onshore Urengoy gas and condensate field in Russia from Gazprom.

BHGE, McDermott, L&T win $1.6bn contract for ONGC’s deepwater project in India

Baker Hughes, a GE company (BHGE), McDermott International and L&T Hydrocarbon Engineering (LTHE) have secured a $1.6bn subsea contract for Oil & Natural Gas Corporation’s (ONGC) deepwater project in India.

G3 Exploration, CNPC get NDRC final approval for GCZ Block development plan

G3 Exploration and China National Petroleum Corporation (CNPC) have secured final approval for the overall development plan (ODP) on the Chengzhuang Block (GCZ Block) from the China National Development and Reform Commission (NDRC).

Boskalis gets subsea installation contract for Tyra Redevelopment project

Royal Boskalis Westminster (Boskalis) has won a subsea installation contract from Total E&P Denmark for the Tyra Redevelopment project in the Danish North Sea.