ThoughtStream: Opinion Over many decades, shipping has actually become safer and cleaner, not to mention more cost-effective. International rules and regulations in relation to the safety of life at sea or safety in general have been traditionally developed and implemented with great success…
China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co…
Physical modeling of deepwater projects can be a very useful tool. Despite the advent of computer modeling and immersive computer visualization environments, physical 3D models help vessel operators, riggers, and field engineers find potential problem areas and resolve spatial issues…
Expro Group says lightweight, mobile systems are needed to meet future deepwater intervention needs. Demand for deepwater subsea well intervention services continues to grow. However, to date, the focus remains on completions for new field developments…
Houston-based Helix ESG recently completed a deepwater well decommissioning project in 7919ft. Darin Hilton explains the steps and options involved in plugging and abandonment. Over the past several years, there has been a growing demand…
Bluestream Offshore has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000m-rated Cougar XT is the second of this model to be added to the fleet of 11 ROVs already operated by the offshore services company…
Cargotec's MacGregor has entered into an agreement to acquire Aker Solutions' mooring and loading systems unit for an enterprise value of approximately EUR180 million. The unit, known by the Pusnes brand name, provides mooring equipment…
Ulstein has been awarded a ship design contract from Vroon Offshore Services, taking the total number of offshore ship designs it has sold in 14 years to more than 100. Of the designs sold, 74 were for Ulstein's X–BOW design, launched in 2005…
Tullow Ghana Limited has awarded two contracts for work on the TEN project worth about US$1.23 billion. The contracts will be shared between Technip and Subsea 7, who are working as part of a consortium on the project. The TEN project is in the Deepwater Tano contract area…
Dolphin Geophysical has been awarded three new 3D seismic contracts with undisclosed clients. Two of the contracts will be for 3D campaigns in Mediterranean waters, starting immediately. The third contract is a 3D seismic contract over an existing producing field in the North Sea…
Subsea 7 SA's i-Tech division has been awarded a contract by Petrobras worth about US$60 million. The contract is for the provision of ROV’s and underwater positioning services on board the platform supply vessel (PSV) Far Saga, operating offshore Brazil…
Petrobras, the operator for the BM-S-9 consortium, announced that the company's affiliate, Guará BV, has signed a letter of intent to charter, through Modec Inc. and Schahin Petróleo e Gás S.A., an FPSO for use in production development of the pre-salt layer in the Carioca area…
By Thom Payne, Douglas-Westwood Singapore Last week’s auction for production rights to Brazil’s 12 billion bbl Libra field has dominated industry headlines. However, despite years of media and market analyst hyperbole the scale of Petrobras’…
Seaway Heavy Lifting (SHL) has won a contract with Permaducto SA de CV for an offshore installation project in Mexico. Under the contract, SHL will execute work offshore Mexico in a joined offshore program for Pemex’s KuMaZa/Cantarell project…
PEMEX Exploration and Production (PEP) has awarded Spain's Dragados Offshore a pipelay contract worth nearly $200million. Dragados will lay 38km of pipelines linking production platforms in the shallow-water Xanab and Yaxche oil fields in…