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OE Activity: 2017 / January

OE Activity: 2017 / January (96)

Tuesday, 24 January 2017 16:52

EnerQuip opens Houston facility

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EnerQuip, designer and manufacture of torque machines and associated products, has opened a new facility in Houston following a growing demand for its products and services.  

The company has invested US$1 million in this facility, EnerQuip Torque Solutions Inc. The US operation will improve response times directly into Canada and the Americas, and will complement the facilities in Aberdeen and Caithness, Scotland. 

EnerQuip envisages the Houston headcount will at least double in the next six months with jobs being created for service technicians and business development roles. 

“Houston is a key strategic market for us, whilst we have entered into it earlier than planned, this was driven by the successes we have had in the area,” said Andrew Robins, director, who is heading up the new facility. “We are continually looking to expand further in this region and will actively be employing staff locally to meet the demand in this area.”

Image: EnerQuip vehicle/EnerQuip

Read more:

Torque-industry pros start EnerQuip

Tuesday, 24 January 2017 09:11

Dolphin inks Statoil NCS extension

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Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a US$6.1 million one-well contract extension with Statoil for use of the Bideford Dolphin semisubmersible drilling rig. on the Norwegian Continental Shelf.

The vessel will start in direct continuation of the current contract.

The one-well program is estimated to take 35 days.

Image of the Bideford Dolphin, from Dolphin.

Tuesday, 24 January 2017 09:08

Ensco delays DS-10 drillship

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Houston’s Ensco agreed to an amendment with Samsung Heavy Industries (SHI) for the ENSCO DS-10 drillship construction contract that will see the delivery extended again until 31 March 2019.

Ensco said it may elect to take delivery of the drillship earlier upon giving SHI 75 days’ advance notice. Notwithstanding the extended delivery date, SHI agreed to complete construction of the drillship by 31 March 2017.

A payment of US$75 million of the approximately $309 million unpaid balance of the purchase price for the drillship has been deferred to 31 March 2019, or such earlier date as Ensco may elect to take delivery of the drillship.

The remaining $234 million of the purchase price is to be paid in January 2017.

Tuesday, 24 January 2017 08:44

GulfMark takes delivery of North Barents PSV

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GulfMark Offshore’s Norway subsidiary, GulfMark Norge, has taken delivery of Arctic class platform supply vessel (PSV), the North Barents, from Simek Shipyard in Norway.

North Barents, a ST-216 Arctic design by Skipsteknisk is the third of this type to be built for GulfMark. This dynamically positioned 5000 dwt vessel is classified with DNV clean design, winterized, ice class, and oil recovery (NOFO 2009) notations.

The vessel has accommodations for 40 persons, holding comfort class, standby rescue certification (NMD 300) and is compliant with the special purpose ships code.

The North Barents was built by Simek in Flekkefjord, Norway for about US$42 million (NOK 360 million) and has commenced trading in Norway.

Quintin Kneen, GulfMark Offshore president and CEO, said: “The North Barents represents GulfMark’s commitment to operating a technologically advanced fleet of vessels with this class-leading delivery. She is ideally suited for harsh environment operations and further strengthens our market position in the North Sea, where we remain the largest operator of platform supply vessels.”

Tuesday, 24 January 2017 07:34

Fluor bags NCOC Caspian work

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Fluor was awarded a two-year engineering services framework agreement with North Caspian Operating Co. (NCOC) for conceptual studies and front-end engineering for its projects in the Caspian region.

NCOC operates oil and gas activities under the North Caspian Sea production sharing agreement, including Kashagan, one of the world’s largest offshore oil fields located in the Kazakhstan zone of the Caspian Sea, as well as the Kalamkas, Aktoty and Kairan fields in Kazakhstan.

“Fluor is delighted to have been selected by NCOC for these important projects,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East. “Through early involvement, we can work with our client to optimize design and construction solutions to deliver capital efficiency. We will leverage our extensive knowledge of executing oil and gas projects in Kazakhstan by applying our unique integrated solutions approach.”

Engineering teams from Fluor’s offices in Atyrau, Kazakhstan and Farnborough, UK will undertake the studies.

Fluor began working in Kazakhstan in 1982. Since then, the company has executed ongoing work in projects ranging from conceptual studies and front-end engineering design to mega undertakings.

Read more:

Checking in on the Caspian

Monday, 23 January 2017 04:00

Reach Subsea signs three-year charter

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Reach Subsea has agreed a three year charter for Havila Shipping's subsea vessel Havila Subsea for three years. The agreement includes two, one-year options.

Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spread that will be used on projects within inspection, maintenance and repair, survey, light construction and renewables. The vessel and subsea spread is expected to be ready for operation during March 2017.  

Reach Subsea CEO Jostein Alendal, says: "We are pleased to be able to offer another quality subsea spread to our clients, with a vessel that fits nicely into our focus markets. An important part of our operational strategy is to co-operate with shipowners renowned for high quality performance, and we look forward to co-operate with Havila in the years to come."

Atlantic Petroleum (APN) has completed the sale of its Norwegian activities to M Vest Energy.

The Norwegian activities include all of Atlantic Petroleum Norway’s assets and licenses, the liabilities of the licenses, and employees.

Ben Arabo said: “We are pleased to complete the transaction with M Vest Energy. Atlantic Petroleum will now focus on creating value from Orlando and Kells in the UK, and pursue new ventures in line with the company's new strategy.”

M Vest Energy AS is a company partially owned by the existing management of APN.

Monday, 23 January 2017 03:39

Eni extends Abo contract

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BW Offshore has signed an interim extension agreement for floating production, storage and offloading (FPSO) vessel Abo with Eni subsidiary Nigerian Agip Exploration, until 31 March this year. 

The short-term extension has been agreed to secure operational continuity while joint work is continuing to conclude the negotiations. 

The Abo field came onstream, in 500-800m deepwater offshore Nigeria, in 2003, using the Abo FPSO. It was the first producing deepwater field offshore Nigeria. 

The Abo FPSO has a storage capacity of 900,000 bbl of oil and oil treatment capacity of up to 45,000 bo/d, a water injection capacity of 30,000 b/d and a gas injection capacity of 35 MMscf/d.

Friday, 20 January 2017 11:57

EMGS, TGS expands Barents agreement

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Electromagnetic Geoservices (EMGS) and TGS-NOPEC Geophysical (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea. 

TGS will be investing in a 3D CSEM data acquisition project related to the 24th licensing round in Norway. The contribution from TGS will be booked as a reduction of the carrying value of EMGS' multi-client library.

In addition, EMGS reports late sales of multi-client data in Norway.

The above agreements total US$2 million. This will be recognized in Q1 2017.

Friday, 20 January 2017 10:47

Statoil extends West Elara

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North Atlantic Drilling (NADL) has been awarded a firm one-well extension plus one optional well from Statoil for the jackup West Elara.

The work will start in direct continuation of West Elara's existing contract with Statoil and the backlog for the firm portion of the extension is estimated to be US$10 million. The West Elara has worked for Statoil since 2011 and North Atlantic Drilling says it is pleased to continue this long-term relationship.

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