Activity News

 

GE Oil & Gas launches London headquarters

Jul 17, 2013

GE Oil and Gas will establish its new global headquarters in London. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a more than US $6 billion business and a key manufacturing and engineering…

MAN Diesel & Turbo win LNG contract

Jul 17, 2013

MAN Diesel & Turbo won the contract to supply the engines for six Chinese LNG carriers (LNGCs). The order for the 30 × MAN 51/60DF dual-fuel engines is a significant development for both Chinese shipyards as well as the LNGC market. The…

Aker wins mooring system supply

Jul 17, 2013

Aker Solutions won a contract to supply a complete Pusnes wire mooring system for a cylindrical-shaped accommodation unit being built at Cosco Nantong Shipyard in China. The equipment includes three triple wire winches, three control cabins…

Clariant opens R&D lab in Brazil

Jul 17, 2013

Clariant opened a new R&D Laboratory for Catalysts for Chemicals and Oil & Gas industries. Located in the company’s largest manufacturing plant of Latin America, in Suzano (Brazil), the laboratory begins operations with a complete infrastructure…

Oxy, Qatar Petroleum sign Qatari deal

Jul 16, 2013

Occidental Petroleum Corp. of Qatar (Oxy Qatar), and Qatar Petroleum signed a deal on the Phase 5 field development plan (FDP) regarding the Idd El Shargi North Dome (ISND) offshore Qatar. Both companies plan to maintain the field’s output of about 100…

Aker Solutions acquires IDEAS

Jul 16, 2013

Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation…

ALS to acquire Reservoir Group

Jul 16, 2013

ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries.  Reservoir operates five segments: Coring…

Fabricating an 8-leg launch jacket in record time

Jul 16, 2013

Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…

Premier sells Vietnam subsidiary

Jul 16, 2013

London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…

Olympus TLP begins journey

Jul 15, 2013

Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…

BP wins stake in Brazil

Jul 15, 2013

BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…

QGOG signs FPSO contracts

Jul 15, 2013

QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…

Keppel secures Grupo R jackup

Jul 15, 2013

Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig. The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel…

Seadrill orders four more UDW drillships

Jul 15, 2013

Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…

SPE Brings Student Competition to Europe

Jul 12, 2013

About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…

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