The Organisation of Petroleum Exporting Countries (OPEC) has changed its forecast for crude oil supply in 2017, predicting an increase in oil production rather than the previously foreseen decline, outside the cartel.
Amec Foster Wheeler is nearing completion of a major refrigeration plant at BP’s Grangemouth, for the efficient operation of the Forties Pipeline System
Aker BP announces the start-up of production from Viper-Kobra, which is tied back to the Alvheim FPSO. The project is developed on time and within budget.
The Norwegian Petroleum Safety Authority (PSA) has granted Statoil consent to use the Huldra facility in a North Sea license.
Keppel Corp is in talks to support KrisEnergy by increasing its stake in the company to nearly 70%, following the company’s proposed financial restructuring.
Statoil awarded an engineering, procurement, construction and installation (EPCI) contract to FMC Technologies and Technip Norge for the provision of services to the Trestakk development.
Lamprell announced today it has completed the construction of the Ensco 141 jack-up drilling rig as well as its delivery to Ensco Intercontinental, a subsidiary of Ensco plc.