Four Japanese firms join Modec in Sepia FPSO deal

MODEC has agreed with four Japanese companies, Mitsui, MOL, Marubeni and MES to jointly develop an ultra-deepwater FPSO for...

Petrofac wins rotating equipment contract from Chrysaor

Petrofac has been awarded a Rotating Equipment Management Services contract by Chrysaor to support of its operations in the UK.

ArcLight acquires BP Perdido stake in GoM

Private equity player ArcLight Capital Partners has bought a 26.5 per cent stake in the deepwater Perdido Platform in the Gulf of...

Keppel delivers first of five rigs to Borr Drilling

Offshore and Marine unit of Keppel Corporation has delivered a jackup rig to Borr Drilling, on time and within budget.

ExxonMobil strikes oil off Guyana again

U.S. oil major Exxon Mobil has come back with positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil...

Borealis awards Jacobs FEED for chemical plant in Belgium

Jacobs Engineering Group has been awarded a contract to complete a front end engineering design (FEED) study for a propane...

Weatherford sells fracturing business to Schlumberger

Weatherford International has ditched plans for a proposed joint venture with Schlumberger and instead sold its U.S. pressure...

Royal IHC acquires Oceanteam division

Dutch's Royal IHC has agreed to buy all of the outstanding share capital of Oceanteam's Dutch based engineering and consultancy...

Maersk Drilling awarded contract by Tullow Ghana

Maersk Drilling has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana to work on the...

Dynamic awarded hookup contract in GoM

Dynamic Construction Services, a field services division of Dynamic Industries, has been awarded the hookup contract for a major...