Active heave compensation has become a must-have for offshore lifting and landing. But is it the best solution? Heave compensation systems were introduced to the offshore market in the early 1980s to enable the safe landing and lifting of loads…
Malaysia's national oil and gas company Petroliam Nasional Bhd (Petronas) projected to make a final investment decision on a floating liquefied natural gas (FLNG) project for the Rotan field in Block H, offshore Sabah, in 2H 2013. The Malaysian Business Times reports that once sanctioned…
Subsea 7 will build and operate three, flex-ible, pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
Rosneft began seismic acquisition over license blocks Lisyansky, Kashevarovsky, and Magadan-1 in the Sea of Okhotsk off eastern Russia. The company is gathering 2D seismic along with a gravity and magnetic survey, using the Academik Fersman seismic vessel…
Transocean Ltd. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 set a new world record for the deepest water depth by an offshore drilling rig. The drillship spudded a well in 10,411ft (3,174m) water depth, while drilling off India’s east coast for ONGC…
Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…
Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…
Statoil used the world’s second largest crane vessel, Saipem 7000, to lift and transport the 10,600-ton topsides module from Aibel’s shipyard in Haugesund, Norway on Wednesday, 17 July. Transit to the Gudrun field, in license area PL025 of the Norwegian North Sea…
Royal Boskalis Westminster and Royal Volker Wessels Stevin (VolkerWessels) will establish a joint venture (JV) for carrying out offshore cable installation. Boskalis and VolkerWessels will each hold a 50% stake in Visser & Smit Marine Contracting…
SeaBird Exploration Plc announced today that M/V Geo Pacific was awarded a new contract in the Caribbean. The work is estimated to require 63 days and the contract value is about US$12 million. M/V Geo Pacific is the latest vessel added to Seadrill's fleet…
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…
MultiClient Geophysical (MCG) announced another long-offset multi-client 2D (MC2D) survey in the western part of the Norwegian Barents Sea. This survey is situated in the area southwest of the Bjørnøya (Bear Island) where blocks have been awarded in the 22nd concession round…
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…
Last month’s Annual Meeting of the European Association of Geoscientists and Engineers (EAGE) in London was by far the largest in the EAGE’s history. Over 8000 delegates showed up at the conference and exhibition at the Excel Centre in London to create plenty of buzz…
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…