A three phase asset management strategy could help counter costs, says ABB’s Will Leonard. In mid-December, the price of oil fell further after the International Energy Agency (IEA) forecast weaker demand in 2015. Brent crude fell to around US$60 a barrel…
Belgian dredging, engineering and environmental group DEME has ordered two new vessels to serve the offshore energy market. Shipyards La Naval in Spain and Uljanik in Croatia will build the multipurpose vessel Living Stone and the self-propelled jackup Apollo…
Oceaneering International entered into a two-year, multi-service vessel charter agreement with Shell for use of the Ocean Alliance in the US Gulf of Mexico (GOM) commencing January 1, 2015. The Ocean Alliance is a US-flagged vessel built in 2010…
Aker Solutions is to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea under a contract Daewoo Shipbuilding and Marine Engineering worth more than GBP120 million…
Late life production optimization is hard, but interesting, according to those tackling the issue. Elaine Maslin provides an overview of recent trends. As natural production rates wane and assets start to age, optimizing production rates offshore becomes a key challenge for operators…
Workers involved in the deadly accident at Fieldwood Energy’s Echo platform at West Delta 105 on Thursday, worked for contractors conducting routine maintenance on the platform, according to the US Bureau of Environmental Enforcement (BSEE)…
One person is dead and three are injured after an explosion at Fieldwood Energy's Echo Platform at West Delta 105 in the US Gulf of Mexico. The Bureau of Safety and Environmental Enforcement (BSEE) said it is currently responding to the incident in cooperation with the US Coast Guard…
Esso Angolato selected BMT Scientific Marine Services, a subsidiary of the BMT Group, to provide maintenance services for systems installed on the two Kizomba tension leg platforms (TLP) offshore Angola. BMT previously installed integrated…
Unique Wellube, a division of Unique Maritime Group (UMG), exhibiting at ADIPEC this week, recently supplied Abu Dhabi Marine Operating Company (ADMA-OPCO) with mechanical seal plugs for a significant pipeline isolation project. ADMA-OPCO…
Industrial services firm Cape Plc has been awarded a contract to supply services within BP's UK North Sea Magnus Life Extension project, MLXP. MLXP is a project being undertaken by BP as part of its North Sea renewals program, and will…
Aberdeen-based Wireline Engineering further expanded its operations in Southeast Asia with an increase in staff and office space. Equipment maintenance is carried out by skilled technicians. Image…
Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…
Suncor Energy resumed production at the Terra Nova oil field, located approximately 350km southeast of St. John’s, Newfoundland, Canada, the company reported on 3 September 2014. Production resumed following planned maintenance on the field’s FPSO facility…
DNV GL has established a joint industry project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient blowout preventers (BOP) maintenance. The maintenance of BOPs has significant financial…
Subsea 7’s Autonomous Inspection Vehicle (AIV) has successfully completed its first test mission in the UK North Sea for Shell, the firm announced today (13 August). A series of field trials were undertaken from Subsea 7 vessel the…