Helix Energy Solutions Group is selling its 50% stake in Marco Polo platform owner Deepwater Gateway to a subsidiary of Genesis Energy for US$25 million. Anthony Tripodo, Executive Vice President and CFO of Helix, said: “The sale of the…
The 6th annual Global FPSO Forum to be held on 30 August to 1 September 2016 in Galveston, TX, announces supermajor Shell’s Curtis J. Lohr, Stones project manager, as its first keynote speaker. Curtis J…
Open water coiled tubing drilling has been used offshore Norway in an industry first. Elaine Maslin found out more. Island Offshore’s Island Constructor. Images from Centrica Norge Coiled tubing drilling (CTD) isn’t a new concept…
In this illustrated video, National Oilwell Varco (NOV) shows its Devin subsea completion and intervention package and what it does for deepwater operations. Devin provides various surface support equipment packages and technicians in support of both lower/upper completion operations…
Helix Energy Solutions Group's dedicated DP3 well intervention unit, the Q5000, semisubmersible entered service last week and is currently on hire for an unnamed client in the Gulf of Mexico, the company announced on 27 October. Helix took delivery of the semisub in May…
Image: IWCF employees review FORUM/IWCF The International Well Control Forum (IWCF), the independent organization that sets international well control standards, has launched a new online administration system called “FORUM…
Getting the best out of subsea wells has always been important given the significant investment cost. This becomes especially true when field economics come under pressure. Having a subsea well intervention strategy is a key part of maximizing…
In advance of 2015 Deepwater Intervention Forum held in Galveston, Texas, OE’s Managing Editor Audrey Leon discusses the intervention market in the wake of the downturn, and speaks with several forum board members ahead of the show on 11-13 August…
A portable Intervention Work Over Control System (IWOCS) deployment system developed by Caley Ocean Systems has been used to successfully test the manifold functions on four deepwater subsea manifolds post installation. Image…
Welltec’s well tractor has transitioned from an unlikely vision to a solid reality now deployed in deepwater wells. OE explains. Image from iStock. Sometimes it takes an outsider to pinpoint how matters can be improved…
Red Marine developed and delivered the modular umbilical clamp system, made up of six purely mechanical elements to FMC Technologies. Image of the modular umbilical clamp system. From Red Marine…
Ask about subsea well intervention and most assume it’s riserless light well intervention you want to talk about – for good reason. Elaine Maslin reports. Subsea light well intervention visualized by FMC Technologies…
Oil and gas services provider Petrofac has agreed to form a strategic marketing alliance with McDermott International in the deepwater, subsea umbilicals, risers and flowlines (SURF) sector. Under a Memorandum of Understanding (MoU), the two will form a five-year alliance…
The International Well Control Forum (IWCF) launched a new training standard in drilling and well intervention for top achieving candidates and is urging operators to get involved. Image of Dave Price…
Magma Global and Maritime Developments (MDL) entered into a partnership to develop a well intervention solution for the offshore oil and gas market. Image from MDL. This partnership…
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