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Libra Consortium takes FID on Mero-2 FPSO in Brazil’s pre-salt

2 weeks ago DieselGasoil Comments Off on Libra Consortium takes FID on Mero-2 FPSO in Brazil’s pre-salt
6/12/2019 THE HAGUE — Libra Consortium has announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at Mero field offshore Santos basin in Brazil. The FPSO will have a capacity to process up to 180,000 bopd. The consortium plans four new production systems to be Read More

Shell starts production at Appomattox in the GOM

1 month ago DieselGasoil Comments Off on Shell starts production at Appomattox in the GOM
5/23/2019 HOUSTON — Royal Dutch Shell announced that production has started at Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water U.S. Gulf of Mexico. Appomattox, which currently has an expected production of 175,000 boed, is the first commercial discovery brought into production in the deep-water Gulf of Mexico Read More

Interim results for the period ended 31 March 2019

1 month ago DieselGasoil Comments Off on Interim results for the period ended 31 March 2019
Highlights Gross contract earnings backlog1 increased from $7.3 billion to $10.3 billion. Golar’s (“Golar” or “the Company”) total operating revenues decreased from $181.9 million in 4Q 2018 to $114.3 million in 1Q 2019. Adjusted EBITDA1 decreased from $121.2 million in 4Q 2018 to $62.9 million in 1Q 2019. After recognition of $28.4 million of unrealized Brent oil Read More

Shawcor Ltd. Announces First Quarter 2019 Results

1 month ago DieselGasoil Comments Off on Shawcor Ltd. Announces First Quarter 2019 Results
First quarter 2019 revenue was $350 million, a decrease of 1% from the $354 million reported in the fourth quarter of 2018 and in line with the $351 million reported in the first quarter of 2018. Adjusted EBITDA1 in the first quarter of 2019 was $28 million, which reflects a positive impact from the adoption Read More

OTC: BHGE Subsea Connect is a new vision to come to market

2 months ago DieselGasoil Comments Off on OTC: BHGE Subsea Connect is a new vision to come to market
5/9/2019 Photo: (from left) BHGE’s Oilfield Equipment Global Commercial Leader Brian Cothran and V.P. Technology and Engineering John Kerr. During OTC 2019, Baker Hughes, a GE company’s Oilfield Equipment Business Leaders Brian Cothran, global commercial leader for OFS, based in Houston, and John Kerr, V.P. engineering and technology, based in Bristol, held a press conference Read More

KBR wins additional work on phase 1 of BP’s Greater Tortue Ahmeyim project

2 months ago DieselGasoil Comments Off on KBR wins additional work on phase 1 of BP’s Greater Tortue Ahmeyim project
5/9/2019 HOUSTON — KBR, Inc. has announced that BP has awarded KBR’s UK operating subsidiary the engineering, procurement and construction management (EPCM) contract to provide facilities integration and terminal quarters and utilities (QU) management for the hub/terminal of BP’s Greater Tortue Ahmeyim Project, located at the maritime border of Senegal and Mauritania. KBR will manage the Read More

BHGE wins turbomachinery contract for BP’s Greater Tortue Ahmeyim FLNG project

2 months ago DieselGasoil Comments Off on BHGE wins turbomachinery contract for BP’s Greater Tortue Ahmeyim FLNG project
5/6/2019 HOUSTON — Baker Hughes, a GE company (BHGE) announced that it has been awarded a contract to supply turbomachinery equipment for the first phase of BP’s Greater Tortue Ahmeyim floating liquefied natural gas (FLNG) project offshore Mauritania and Senegal. BHGE will provide the technology for four compressor trains for offshore gas liquefaction on board Golar Read More

Shawcor Announces Conditional Contract to Provide Pipe Coating Services for the Greater Tortue Ahmeyim Phase 1A Project

2 months ago DieselGasoil Comments Off on Shawcor Announces Conditional Contract to Provide Pipe Coating Services for the Greater Tortue Ahmeyim Phase 1A Project
TORONTO, May 03, 2019 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) today announced that its pipe coating division has been awarded a conditional contract from Sumitomo Corporation Europe Limited valued at approximately C$30 million to provide anticorrosion and concrete weight coating services for the Greater BP Tortue Ahmeyim Phase 1A Project development, located offshore Senegal Read More