Sapura Exploration and Production (Sarawak) Inc, a wholly-owned subsidiary of Sapura Energy Berhad, has announced that it has commenced production at the B15 field.
A collaborative approach to successfully unlocking recovery from a long-stranded North Sea oil field earned BP and Subsea 7 a top accolade at the prestigious SPE Offshore Achievement Awards in Aberdeen, 22nd March.
Borr Drilling Limited has announced a binding tender agreement to offer to purchase all outstanding shares in Paragon Offshore Limited. Total acquisition price for all outstanding shares is estimated at $232.5 million.
TechnipFMC and Magma Global to Enter into a Strategic Collaboration Agreement for Hybrid Flexible Pipe
TechnipFMC, a global leader in subsea, onshore/offshore and surface projects has agreed on the terms of a collaboration agreement with Magma Global Ltd, manufacturer of m-pipe®, the world's most reliable subsea pipe, to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.
Royal Dutch Shell plc recently updated investors on its Downstream growth ambitions, underlining the important role they will play in delivering Shell’s world-class investment case.