Petrobras signs FPSO LOI with SBM Offshore for Búzios field offshore Brazil
Petrobras has signed a letter of intent (LoI) with SBM Offshore for delivery of a floating production storage and offloading…
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Global crude oil prices dip as US dollar firms
Global crude oil prices dropped amid the strengthening US dollar and growing expectations that supply will improve as oil prices…
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Oil prices surge to 13-month high as US assures low rates
Crude oil prices have spiked to the highest levels in more than 13 months supported by US Federal Reserve assurances that interest rates will remain…
Petrobras political struggle knocks customer and investor confidence
Political interference in the leadership of Brazilian state-owned oil and gas company Petrobras has caused concern for the CEO, the company, and its clients. On…
TechnipFMC selected to develop Energean Karish North field offshore Israel
TechnipFMC has secured a fully integrated engineering, procurement, construction and installation (iEPCI) letter of award (LoA) from Energean Israel to…
Neptune Energy and partners start production of Gjøa P1 segment
Neptune Energy, Petoro, Wintershall Dea and OKEA have announced the commencement of production from the Gjøa P1 development in the…
Oil prices drop as industry data shows increase in US crude stockpiles
Oil prices fell on Wednesday after data from the American Petroleum Institute showed an increase in US crude stockpiles by…
Equinor to shut down Veslefrikk field in Norwegian North Sea
Equinor and its partners are planning to close the Veslefrikk field located in the Norwegian North Sea block 30/3 in…
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Miko Marine
Magnetic Patches, Powerful Magnets, Sea Chest Blanks, Tools and Innovations for The Offshore Industry
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Saipem receives $1.7bn contract from Qatargas for North Field offshore work
Italy’s Saipem has received a $1.7bn contract from Qatargas for the development of the North Field Production Sustainability Project. Said…
Oil prices surge as vaccine and lower US output lift energy outlook
Crude oil prices have increased by more than $1 supported by optimism over the rollout of the Covid-19 vaccine and…
Zohr Gas Field
Zohr Gas field is located within the 3,752km² Shorouk Block, within the Egyptian Exclusive Economic Zone (EEZ) in the Mediterranean…
FOAMGLAS – Dimensional Stability’s Influence on Insulation Performance
Insulation performance and system integrity is directly related to the dimensional stability of the insulating material. Poor dimensional stability can…
High-Performance Components
BHDT products are mainly used for medium-pressure and high-pressure applications (up to 3,600 bar), as well as for high temperatures…
Gjoa Field P1 Development, North Sea
The Gjoa field P1 development aims to access the untapped reserves of the Gjoa producing oil and gas field located…