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Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil. The post Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job appeared first on Offshore Energy.

New oil discovery comes to light in Gulf of America

Houston-headquartered energy player Occidental (Oxy) has unveiled a new oil discovery at a prospect in the Gulf of America (U.S. Gulf of Mexico). The post New oil discovery comes to light in Gulf of America appeared first on Offshore Energy.

CB&I all done with acquisition of Petrofac’s Asset Solutions business

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. The post CB&I all done with acquisition of Petrofac’s Asset Solutions business appeared first on Offshore Energy.

European firm lines up five LNG cargos to up gas storage ante

Elenger, Finland’s privately owned energy company by Infortar, has set the wheels in motion to get ready for the next heating season by securing five liquefied natural gas (LNG) cargoes this spring. The post European firm lines up five LNG cargos to up gas storage ante appeared first on Offshore Energy.

250 North Sea workers to reap benefits from UK union recognition deal

The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator. The post 250 North Sea workers to reap benefits from UK union recognition deal appeared first on Offshore Energy.