Offshore Activity - page 834

 

Sinopec buys into BP's PSVM

Jun 26, 2013

Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…

ONGC takes Mozambique share

Jun 26, 2013

ONGC Videsh Ltd. (OVL) and Oil India Ltd. (OIL) have agreed to purchase Videocon Mauritius Energy Ltd.’s 10% share in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US $2.47 million. The acquisition will give OVL 60% stake and OIL 40% stake in Area 1…

Tenaris provides risers to Shell

Jun 26, 2013

Tenaris announced that it will provide the TenarisHydril Wedge 623™ Dopeless® and Blue® Riser connections for Shell’s Olympus TLP in the Gulf of Mexico. The Wedge 623™ connections were designed to comply with recent changes in deepwater operating requirements in the Gulf of Mexico…

Viatran opens Houston facility

Jun 26, 2013

Viatran Corp. announced the opening of their new Southwest Calibration Center in Houston, Texas. Now owners of Viatran Hammer Union Pressure Sensors in the southwestern states can receive true OEM calibrations and certifications closer to their place of business…

GE opens customer application center in Moscow

Jun 26, 2013

GE announced the grand opening of its new, state-of-the-art customer application center (CAC) in Moscow. At an invitation-only ribbon-cutting ceremony, customers toured the facility and experienced the complete GE Measurement & Control product…

Gazprom, JFG sign Vladivostok MOU

Jun 25, 2013

Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…

PowerTech president to leave Wärtsilä

Jun 25, 2013

Lars Hellberg, president of PowerTech, executive vice president and member of the board of management announced he will leave Wärtsilä to become the president & CEO of Fortaco Group, a Finnish industrial manufacturer.  Hellberg is projected to leave Wärtsilä in mid-December 2013…

Total awards contracts for Egina field

Jun 25, 2013

FMC Technologies, Inc. was awarded a US $1.2 billion contract from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field, and Saipem won a $3 billion contract for the subsea development of the field. The Egina field is located in Block OML 130 offshore Nigeria…

BHP signs PSCs off Trinidad

Jun 21, 2013

Trinidad and Tobago announced the signing of four production sharing contracts (PSCs) with Australia's BHP Billiton for four deepwater blocks that the company had previously won in December during the country's 2012 deepwater bid round. On…

Total launches EGINA development

Jun 21, 2013

Total announced that its subsidiary, Total Upstream Nigeria Ltd. (TUPNI), operator of the OML 130 block, and co-venturers have obtained the necessary approvals from Nigerian National Petroleum Corp. (NNPC) to award the main EPC contracts to develop the offshore Egina field…

ABB announces new CEO

Jun 18, 2013

ABB appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, to succeed Joe Hogan as CEO. Spiesshofer will transition into this role on September 15, 2013. Hogan will continue with ABB for an unspecified amount of time as senior advisor to the board…

CGG begins Australian survey

Jun 18, 2013

CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…

Helix completes Caesar sale

Jun 18, 2013

Helix Energy Solutions Group, Inc. closed the sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately US$108 million of the total selling price of approximately $138 million were received at closing; the company…

Åsgard first comes a step closer

Jun 18, 2013

A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard.  Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…

Ocean Rig receives drillship contract

Jun 17, 2013

Ocean Rig UDW Inc. received a Letter of Award for its ultra deepwater drillship Ocean Rig Skyros. The Letter of Award is for five wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated backlog of approximately US $190 million…

Current News

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South Korea’s Doosan Enerbility and Siemens Gamesa in Offshore Wind Collab

South Korea’s Doosan Enerbility and Siemens Gamesa in Offshore Wind Collab

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