Three tugs of Fairmount Marine have towed the new floating production, storage and offloading (FPSO) vessel Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest FPSOs for harsh environments, was delivered to the port of Haugesund…
Houston-based Wild Well Control has unveiled its new subsea capping stack for response to a global deepwater well control incident that will be located in Singapore. Image from Wild Well The Singapore capping stack…
Trelleborg’s offshore unit secured a contract to supply a range of cable protection products for phase two of the offshore wind farm Fukushima FORWARD project, lead by Japanese Ministry of Economy, Trade and Industry. Trelleborg…
Thailand’s Mermaid Maritime Public Co. has been awarded two saturation diving services contracts valued at US$40 to $45 million in the Middle East Mermaid is using the DP3 multipurpose vessel Bourbon Evolution and will additionally deploy specialized diving equipment…
Australia’s oil and gas industry has appointed a new CEO after the departure of Jane Cutler. The contry's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) new CEO is Stuart Smith. Australian Petroleum…
Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…
South Korea has become an international shipbuilding power-house – a name-plate for dozens of global mega-projects stretching from New Foundland to Australia. What is described as “the largest fabrication facility in the world” is in…
The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…
ExxonMobil Exploration & Production Malaysia Inc. (EMEPMI) announced the startup of the Tapis enhanced oil recovery (EOR) project, off the coast of Terengganu, Malaysia, in the South China Sea. Operations began with water-alternating…
The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…
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