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Petrobras extends Subsea 7 PLSV contract

Oct 21, 2013

Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…

McDermott CEO to retire

Oct 18, 2013

McDermott International, Inc. announced that Stephen M. Johnson will retire from his positions as chairman of the board, president and chief executive officer— and as a director of McDermott in December 2013. David Dickson has agreed to join…

Suppliers benefit from pipelay demand

Oct 18, 2013

IHC Engineering Business, part of IHC Merwede, is benefiting from a demand for greater capacity in the pipelay market. It is currently working on five orders from Seabras Sapura for 550-tonne capacity vertical flex lay systems (FLS) to…

Deepwater drivers

Oct 18, 2013

A high level of investment creates an opportunity for new entrants into the pipelay vessel market, says Douglas Westwood’s Singapore-based analyst Thom Payne. About 32,000km of offshore pipelines are expected to be installed over the next five years…

Championing pipe-in-pipe technology

Oct 18, 2013

McDermott International’s director of global subsea engineering, Mark Dixon, made the case for pipe-in-pipe technology during at a presentation on Emerging Technologies in the Subsea Sector at SPE Offshore Europe 2013. While pipe-in-pipe is not a new technology…

OE @OE hosts seminars

Oct 18, 2013

As part of SPE Offshore Europe 2013 ExxonMobil Fuels & Lubricants and Caterpillar Marine & Petroleum Division (CAT) joined forces for an interactive breakfast seminar, hosted by Offshore Engineer’s Paul Hutton. Maintenance and engineering…

GMS unveils S-Class jackup

Oct 18, 2013

UAE-based GMS Offshore Contractors is introducing a new class to its fleet, to further expand the business. The S-Class will be a new self-elevating, self-propelled DP2 jackup barge, bridging the gap between the firm’s existing smaller K-Class and large harsh weather E-Class jackups…

SPE Offshore Europe – Standing room only

Oct 18, 2013

The strength and the level of activity in the oil and gas industry was clear at this year’s record-beating 40th anniversary SPE Offshore Europe. The event attracted more than 63,000 people—a number significantly higher than the anticipated 50…

Subsea waterjet cutting goes ultra-deep and ultra-high pressure

Oct 18, 2013

Waterjet cutting went deepwater during the BP Macondo crisis. Now it is ready to go even deeper. By Elaine Maslin Ultra-high pressure (UHP) waterjet technology has been used since the mid- 1980s in the marine environment. Its use is well…

Safety factors in personnel transfer

Oct 18, 2013

Marine personnel transfer is an operation that spans many units, with clear communication and planning proving to be key factors. To best understand the risks involved, Reflex Marine independently compiled a personnel transfer incident database…

Golden rules for safe crane transfers

Oct 18, 2013

Reflex Marine and partners Seacor Marine and Sparrows Offshore joined together to create a set of ‘golden rules’ for safe crane transfer practices offshore. “These rules reflect what’s been learned from millions of transfers in varied conditions around the globe…

Bourbon sells support vessels

Oct 18, 2013

Bourbon announced that it sold three vessels, including a tug, an MPSV (multipurpose supply vessel) from the Subsea Services fleet and a PSV (platform supply vessel), for an approximate total amount of US$38 million generating a total capital gain of approximately US$18 million…

W&T adds to GOM portfolio

Oct 18, 2013

W&T Offshore Inc. is set to acquire a portion of Callon Petroleum Operating Co.'s Gulf of Mexico acreage, the company announced on October 18, 2013. W&T will take a 15% working interest in the Medusa field (deepwater Mississippi Canyon blocks 538 and 582)…

TAM showcases new Houston facility

Oct 18, 2013

TAM International marked its 45th anniversary and the opening of its recently-built manufacturing facility on October 18 with a tour of the facilities in Houston, Texas. The new site was open to employees in September. TAM specializes in inflatable packers…

Oceana chooses Ulstein for PSV designs

Oct 18, 2013

Oceana Offshore will be building two platform supply vessels (PSV) with an option for two additional vessels based on the PX105 design from Ulstein. The vessels will be built at the new yard, Oceana Shipyard in Itajai, Brazil, and are scheduled for delivery in April and May 2016…

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