Upstream supply chain in brief

Table of contents

• Our latest insights and webinars:
  • Woodside sees inflation on the horizon, but smart contracting protects costs
  • Asia's shipyards: adapting to change
  • Nice to be niche, local rig managers scoop up Petrobras work
  • The deepwater recovery - are we entering a new cycle?
  • TechnipFMC steps ahead of subsea peers in Q2
  • China’s market share continues to grow
  • SPS-SURF integrated contracting strategy
  • Too many rigs competing for the same jobs are keeping rig rates at bay
  • Deepwater well demand forecast: measured growth in a restrained environment
  • Elevated SURF award activity continues through H1 2019
  • Offshore project FIDs brewing for H2 2019
  • Aker BP’s supplier alliances pay off at Valhall
  • Mozambique Area 1 boosts subsea umbilical awards to highest since 2010
  • Deepwater demand is growing, supply tightens, cost increases expected
  • Room for all in the surging FPSO sector?
  • Upstream Supply Chain industry briefing 2019
  • OTC spotlight on new technology
  • The current situation: Tier-1 contractor backlogs – not all contracts are equal
  • Wood Mackenzie at OTC 2019
  • Transocean – reported results
  • Diamond Offshore – reported results
  • An acid test in the offshore recovery – will 2019 yield larger projects?
  • To be acquired or not to be?
  • Explosive SURF award activity in Q1 2019
  • Global deep water drilling prepares to enter a multi-year growth cycle
  • Offshore production systems: A year for Modec?
  • Will 2018’s subsea growth be repeated in 2019?
  • Sete on the mend?
  • Talking points from our European trip
  • Subsea 7 S.A. Fourth quarter and full year 2018 results – key takeaways
  • Q4 results show subsea sector is back in business
  • SBM 2018 earnings call: strategic takeaways
  • Telford Offshore Fleet Expansion
  • Contract awards update
  • Offshore rig data dashboard
  • A big year ahead for subsea in Norway
  • Two sugars, no cream: Ensco sweetens the deal with Rowan for a second time
  • Sights set on the horizon, looking forward to 2019
  • Inpex gears up for Ichthys phase two
  • Saudi Aramco awards major EPCI contracts in Q1 2019 off Saudi Arabia
  • Anticipating a strong Q4 2018 for subsea order books
  • Marine contractors vying for Saudi Aramco's Marjan tender
  • Floating platform award outlook
  • 2018 SURF (subsea umbilicals, risers and flowlines) award wrap-up
  • Eni in works to reawaken deepwater Angola greenfield activity
  • The subsea supply chain’s push to improve project economics
  • Ageing workhorses of the floater market
  • Deepwater cost inflation on the horizon
  • Subsea 7 S.A. Q3 2018 results
  • Taking the temperature of the subsea market in Houston
  • What is the cost of recovery in deepwater?
  • October supply chain contract round up
  • Semi-sub market warming up
  • Saipem receives Absheron contract
  • Two major SURF (subsea umbilicals, risers, flowlines) awards up for grabs - will TechnipFMC clutch them both?
  • Two landmark awards for the subsea industry
  • Kings Landing award gives much needed boost to Hyundai
  • Ensco and Rowan merger makes waves
  • 2018 SURF (subsea umbilical, riser and flowline) awards surpass 2017 activity
  • Equinor taps into Aker Solutions and TechnipFMC for further collaboration
  • Total prepares for Latin America drilling
  • Larger orders set up subsea market for growth in 2018
  • Operators continue to secure 2019 rig slots at bottom pricing
  • Global pipeline and umbilical forecast has seen increased installation activity in 2018
  • The Americas continue to dominate the FPS award outlook
  • Recent fixture activity
  • Optimism in the air at ONS
  • Offshore rig markets: positioning themselves for recovery
  • Transocean expands premium fleet with purchase of Ocean Rig
  • Johan Sverdrup phase 2 moving forward
  • July and August contract award round up
  • Subsea demand ramping up in H1 2018
  • Gulf of Mexico lease sale 251 demonstrates strength
  • Offshore collaborative towards North Sea innovation
  • North Sea drilling outlook
  • In high spec, high optimism
  • Noble Plc – Earnings Release
  • Vintage Jackups – A long awaited nail in the coffin?
  • Deepwater demand drove costs down, but the tide is turning
  • The Majors are preparing for deepwater action, but taking their time to do it right
  • Rowan Cos. Plc – reported results
  • Transocean Ltd. – reported results
  • Ensco plc – reported results
  • Transocean leads the pack with substantial contract awards in Q2-2018
  • A more positive outlook for the deepwater drilling market
  • Total continues US$575,000/day drillship charter in Angola
  • The recovery is here, but don’t get too jacked-up
  • Offshore contracting activity is picking up the pace
  • East is best for the subsea market in 2018
  • Yard backlogs boosted as FPS construction awards continue
  • Creatively cultivating opportunities: Premier Oil's Sea Lion and Dril-Quip
  • Block 17 boosts Sub-Sahara subsea market
  • Fast4Ward for Liza
  • Integrated subsea offerings – are they making a difference?
  • Rowan secures an important contract for the Relentless drillship
  • CNOOC Ltd hands 2018’s largest subsea tree order to TechnipFMC
  • Brazil is back on the radar for drilling contractors
  • New local content rules to the rescue
  • May contracts round-up
  • Downturn + smaller project = tough installation market
  • Shell finds more success in Jurassic with the Dover discovery
  • Could P&A work save the day for elderly rigs?
  • Subsea orders in Q1 2018: strong overall demand, Norway still in front
  • Jurong lures private equity dollars into the ultra- deepwater rig sector
  • Rosebank moving towards FID
  • Borr sells off Paragon assets in one fell swoop
  • Dash for gas gives a boost to offshore activity
  • Increased SURF tender and award activity driven by cost reductions
  • Deepwater day rates remain persistently low
  • Statoil protects against inflation with new rig contract
  • Subsea 7 issues unsolicited proposal to acquire McDermott
  • Subsea market flips back to growth
  • Bottom for deep water rig market looms
  • Global subsea cost outlook
  • Positive subsea activity leads to strong 2018 demand potential
  • Leased FPSO market overview
  • Transocean third quarter earnings call
  • Noble Corp. third quarter earnings call
  • Diamond Offshore third quarter earnings call
  • Ensco Drilling third quarter earnings call
  • Subsea market improving, but remains challenging for supply chain
  • 2017 SURF contract award activity
  • Global deepwater exploration activity
  • Borr Drilling snaps up nine new jackups
  • Deepwater rig counts & utilisation
  • Transocean extends back-log for Deepwater Invictus
  • Worley Parsons to acquire the UK business section of Amec Foster Wheeler
  • Libra Pilot project update
  • ROV utilisation ratesto recover

Tables and charts

This report includes 113 images and tables including:

• Selected awards 2019-2020
• Rig utilisation and supply
• What will most influence higher rig day rates three years from now?

What's included

This report contains:

• Upstream supply chain in brief

  PDF 3.50 MB

• Rig Data Dashboard 08-19-2019.pdf

  PDF 143.98 KB