PTTEP International awarded Electromagnetic Geoservices ASA (EMGS) a US$7 million contract in Thailand and Myanmar. In October, EMGS received the letter of intent for the 3D EM data acquisition. The survey will be done using the vessel BOA…
SBM Offshore is selling its DSCV SBM Installer, a diving support and construction vessel (DSCV) to joint venture OS Installer AS for US$150 million in cash. The SBM Installer. From SBM Offshore. Both…
CNOOC Ltd. began production at its Panyu 34-1/35-1/35-2 project in the South China Sea. Image from CNOOC. Panyu 34-1/35-1/35-2 is located in the Pearl River Mouth basin in a water depth range of 195-338m…
Keppel AmFELS, a wholly-owned US subsidiary of Keppel Offshore & Marine, delivered the Coatzacoalcos jackup rigto Mexico’s Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V. (Perforadora Central). The Coatzacoalcos…
Singapore-based KrisEnergy is about to recieve the Cendor mobile offshore production unit (MOPU) Marine Contracting moves it the from the Cendor field, offshore Malaysia to Batam, Indonesia for upgrade work. Marine Contracting moving the Cendor MOPU…
Bourbon’s Rodolphe Bouchet explains how the company’s new Explorer 500 series shows its commitment to standardization, which offers time and cost savings. The PSV Bourbon Explorer 504 at sea. Photos from Bourbon…
OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…
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…
Norway’s Kleven Verft delivered the Rem Eir platform supply vessel (PSV) to Remøy Shipping for a Statoil long-term charter contract. The Rem Eir is the world's largest environmentally friendly LNG powered PSV, measuring 92.5m in length and a deck capacity of 1080sq m…
No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…
In 2005, Norway’s Ulstein Group introduced the X-Bow to the market, a design feature that increases crew comfort onboard offshore vessels, while giving the opportunity to keep up speed in foul weather or the option of reduced fuel consumption…
OE asked Infield Systems to provide insights on today’s biggest offshore oil & gas projects. Top five global offshore projects currently under development (by capital spending) What…
Who have been the movers and shakers in 2014? OE looked to the global offshore oil & gas industry to select the VIPs (very important players) in our 14 in 2014 list, presented here in no particular order. C-suite Tillerson…
With help from experts Infield and Gaffney Cline & Associates, OE compiled a list of the biggest oil and gas discoveries in the last 12 months, and of the last 10 years. The year’s top oil discovery: Gila (Gulf of Mexico) In December 2013…
The global fleets are growing – not least in order to cater for new deep water challenges. Fred Tholen takes a look. Subsea 7’s new heavy construction vessel, under construction in South Korea…