The International Marine Contractors Association’s (IMCA) 2014 survey of remotely operated vehicles (ROV), and ROV personnel reveals that in February 2014 a total of 3369 ROV personnel (superintendents, supervisors, pilot techs and other offshore ROV support personnel) were working…
Global shipping and energy services firm, Craig Group, has launched its first F-Class vessel, the Grampian Fortress. The IMT 958 multi-role emergency response and rescue vessel (ERRV) was christened in the Balenciaga Shipyard in Northern Spain this week…
The Transocean Polar Pioneer semisubmersible officially began Shell’s US$1 billion Arctic drilling program in the Chukchi Sea on 30 July. The Polar Pioneer. From Transocean. Drilling operations began at Shell’s Burger J prospect…
Petrobras has begun production at the Iracema Norte development, in the Lula field of the pre-salt Santos basin, just less than 30 days after the FPSO Cidade de Itaguaí arrived at the field, the Brazilian national confirmed on 31 July. Cidade de Itaguaí…
Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started 27 July, increasing output from the Gullfaks area by around 65 MMboe. The project is part of Statoil’s fast-track portfolio…
The rewards on offer from subsea boosting technology were spelled out at the MCE Deepwater Development Conference in London this spring by Arne B. Olsen, sales director, pumps and subsea processing at OneSubsea. Meg Chesshyre reports. Gullfaks…
Equalizer Group has set up a separate service company headed up by general manager Alan Morrison to take forward the development of its award-winning Xtegrity system. As GM of Equalizer Flange Integrity Systems (EFIS) Morrison, who has almost 30 years’ experience in the oil and gas sector…
The first foundation was laid for the US’s first offshore wind farm, 3nm off the coast of Rhode Island, the company behind it, Deepwater Wind, announced on social media Sunday, 26 July. The Weeks 533 crane barge lowered a 400-ton steel…
Baker Hughes’ revenue of US$4 billion in 2Q 2015 marked a 33% drop year-over-year, and the company says it sees no relief in 2H 2015 as unfavorable market dynamics are expected to continue. Image from Baker Hughes Facebook…
West Texas Intermediate crude (WTI) fell below US$50/bbl, to $49.93/bbl, on 20 July for the first time since April, despite reports that Saudi Arabian exports have fallen to their lowest in five months. According to statistics published by the Energy Information Agency (EIA)…
Halliburton’s 2Q 2015 results have the company in the red, with a 16% drop in its total revenue, compared to 1Q 2015, that the company says is due to the industry’s recent downturn. Image from Halliburton…
Lundin Petroleum has successfully completed the installation of the topside modules on the Edvard Grieg development, offshore Norway. Thialf. From Heerema. The Edvard Grieg topside…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
The Middle East market remains vibrant with producers, led by Saudi Arabia, expected to continue spending to retain market share, Singapore based offshore support vessel operator Vallianz Holdings said today as it announced a US$300 million contract in the region…
Statoil installed the first subsea wet gas compressor in the world at the Gullfaks C platform in the North Sea after a successful offshore campaign (see video below). Image: Seaway Heavy Lifting's Oleg Strashnov carrying the protective structure…
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