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…
Almost 60% of original equipment manufacturer (OEM), design engineers, contractors and clients questioned in the Risk Census survey, conducted by Trelleborg’s engineered products operation, stated that they believe their supply chain is becoming…
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…
InterMoor successfully completed the installation and hook up of the permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico. InterMoor crew hook up at Delta House…
The completion of a joint industry project (JIP) to improve existing standards and regulations around subsea lifting operations has resulted in a new recommended practice (RP). The RP developed by DNV GL provides guidance on the proper design and correct operation…
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…
Weatherford International plc signed a definitive agreement with an affiliate of the Lubrizol Corp. for the sale of the Weatherford’s engineered chemistry and integrity drilling fluids business. The businesses will be sold for US$750 million in cash…
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…
Scientific drilling confirmed the presence of natural gas hydrates on the North and Central American continental shelves in late 1970s and early 1980s, but it was only recently that researchers began to seriously assess methane hydrate development…
A megaproject is one that costs more than US$5 billion to develop. They stretch a company’s capabilities to their limits, especially in the harsh climates like the Arctic or in ultra-deep water. In 2000, oil companies took on seven megaprojects…
Among the notable industry milestones in 2014, organizations commemorated significant anniversaries and acknowledged not just survival, but growth. Sesquicentennial! – 2014 is the 150th anniversary of the Foundation Det Norske Veritas…
Claudio Paschoa compares two new compact ROV-operated systems for seabed geotechnical drilling by Forum Energy Technologies and Helix Energy Solutions. Forum’s Rovdrill 3 system. Image by Forum Energy Technologies…
Deepwater is a big play for Chevron – one which comes with challenges that the super major is working hard to overcome. Transocean’s drillship Discoverer Deep Seas, which drilled at Chevron’s Tahiti prospect…
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