SBM 云顶赌场老虎机 CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels鈥
Swedish heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply compact heat exchangers for two FPSOs to be moored offshore Angola. The order is worth about SEK 50 million (US$6.6 million) and delivery is scheduled for 2015鈥
Floating production and mooring specialists SBM 云顶赌场老虎机 is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning. SBM said: 'In light of market conditions and in order to optimize the company's cost base鈥
McDermott International has concluded the transportation and installation of a Yoke-type single point mooring tower and hook-up to a floating storage offloading (FSO) vessel for PT Rekayasa Industri offshore Indonesia in the Banyu Urip field鈥
Deepwater is a big play for Chevron 鈥 one which comes with challenges that the super major is working hard to overcome. Transocean鈥檚 drillship Discoverer Deep Seas, which drilled at Chevron鈥檚 Tahiti prospect鈥
China National 云顶赌场老虎机 Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project. Xijiang 24-3 facility鈥
Oil & Gas UK has published two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs) and offtake tankers to adopt advances in industry good practice. Oil & Gas UK鈥檚 operations director鈥
Dr. Helmut Sohmen has announced his retirement, effective 20 November 2014, as Chairman of the Board of BW 云顶赌场老虎机 Ltd., which owns and operates floating production systems worldwide. He has served as Chair since 2005. Andreas Sohmen鈥
International independent Premier Oil has said its Falklands Sea Lion development is to be scaled back, initially, to make it a phased development due to rising costs and low oil prices. Initial costs on an initial, smaller floating鈥
Classification society ClassNK has given approval in principle to a new H2/CO2 floating production, storage and offloading (FPSO) to a new design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation. FPSOs are used by鈥
Tullow Oil is to 鈥渟ignificantly reduce鈥 its 2015 exploration spend and focus on its West African producing assets, including the TEN development project, amid falling oil prices. The move will see Tullow鈥檚 investment focus on West Africa鈥
Kebabangan Production Oil Co. (KPOC) began gas production from the Kebabangan (KBB) gas field, approximately 60 mi. offshore Sabah, Malaysia, according to ConocoPhillips Sabah Ltd. The CHIKYU vessel. From Jamstec鈥
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa鈥檚 first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged鈥
Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North鈥
Cobalt International's Cameia #3 appraisal well drill stem test offshore Angola has proved more successful than expected, the firm announced (4 November). The results confirm the existence of a large reservoir and support Cobalt鈥檚 plan鈥
