FoundOcean has been awarded a contract by Graham Construction to pile grout the foundation for the world’s largest offshore wind turbine, developed by Samsung Heavy Industries, in Fife, Scotland. This will include the first 7MW turbine to be installed…
Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…
PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco, the area with the largest untapped hydrocarbon reserves in the world. The block is…
FMC buys 173-acre parcel of land in Houston Map of Generation Park in HoustonFMC Technologies, Inc. announced that it has purchased a 173-acre parcel of land in Houston, Texas. FMC Technologies has experienced significant growth over the…
Photo: Tar Sands BlockadeTexas man sues to stop Keystone construction OilPrice.com - Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have…
The FROG in actionReflex Marine demos FROG transport in HoustonReflex Marine, a global leader in safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Center (ASC) in Houston…
Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Global upstream spending ballooned by 47% in 2010, driven by substantial investments in the US and Latin America, IHS reported. In the IHS Herold 2011 Global Upstream Performance Review, the information service said capital spending among 221 oil & gas companies reached $558 billion in 2010…
‘Effective tension’ is one of the key concepts in pipeline and marine riser engineering since it tells the user how to account for the pressure in the fluid inside and outside the pipe. Although known and understood for at least 60 years, engineers still sometimes overlook it and get into trouble…
Joint integrity specialist Hydratight employed a Morgrip connector to repair a damaged super duplex pipe located within the constrained space of a Troll C subsea manifold off Norway. The company was called in by Statoil when it was discovered…
The new Huisman-supplied ‘super fly jib’ on the BigLift Shipping heavylifter Happy Buccaneer made its operational debut recently. Teijin Aramid’s lightweight Twaron fibre, said to be five times stronger than steel, was employed for the first…
Serimax recently fabricated, field joint coated and hydrotested an 85m pipe-in-pipe I-spool on behalf of Technip for Dong Energy’s Oselvar field in the Norwegian North Sea. The I-spool comprises a 10in Super Duplex pipe, insulated along its length…
SKF group company S2M landed a two-year contract from MAN Diesel & Turbo and Aker Solutions Norway to supply custom-built SKF magnetic bearings and associated electronics for the subsea gas compression trains to be deployed on Statoil’s Åsgard field in the Norwegian Sea…
The offshore yard of Hyundai Heavy Industries in Korea will start cutting steel for Dockwise's new marine transportation super vessel in September. David Morgan reports.Previously referred to as ‘Type 0' but officially named as Dockwise Vanguard on 19 August…
The number and total value of US oil & gas mergers and acquisitions dipped slightly in 2Q 2011 over the same period last year, according to a recent PricewaterhouseCoopers (PwC) study. But the average deal value for the largest transactions rose by 14%…
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