C-MAR Group announced that it won a contract to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. Expected to be worth in excess of $500,000, the agreement covers 16 Maridive…
BHP Billiton finalized a sale of its interests in the East and West Browse Joint Ventures off Australia that was previously announced in December. The company will receive US$1.63 billion from PetroChina International Investment (Australia)…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement…
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Co. Ltd., a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR)…
KrisEnergy has spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, its partner Salamander Energy (23.4%) announced on 3 June 2013. The Tayum well is being drilled using the Randolph Yost jackup…
Keppel FELS has delivered its first KFELS Super A Class jackup rig to Discovery Offshore for use in the North Sea. Named Discovery Triumph, the first KFELS Super A Class jackup was delivered 46 days ahead of schedule and with a perfect safety record…
ABB has been picked to supply the power and propulsion systems for a new deepwater pipelay vessel. The vessel, tentatively named Derrick Lay Vessel 2000 (DLV2000), will be constructed at Keppel Singmarine in Singapore and delivered in 2015 to Hydro Marine Services…
Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 b/d once the facilities are fully commissioned. 'We are…
Subsea damage and support problems can be quickly solved using injection grouting. James Bell of FoundOcean tells us how its accomplished. Extending the life of an asset means that the structure can still generate revenue, whereas removing them can be a highly complex operation…
New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…
Hyundai Heavy Industries and Fred. Olsen Energy are implementing DNV’s ISDS class notation for integrated software dependent systems on the semisub newbuilding Bollsta Dolphin. Key stakeholders discuss expectations and challenges. The…
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
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