Just as its current workload was drawing to a close, the HSM Offshore yard picked up a substantial construction contract from GDF Suez E&P Nederland for the operator's Dutch sector L5 and D18 projects. Tenders included three (two x 1200te, one x 1800te) topsides plus jackets…
High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2…
The Valemon gas and condensate accumulation, a 1985 discovery 160km off the coast from Bergen, has estimated recoverable reserves equivalent to 210 million barrels of oil. Development is currently priced at NKr20.4 billion by operator Statoil and its partners Petoro…
Schlumberger has introduced NeoScope, a sourceless logging-while-drilling formation evaluation service based on pulsed neutron generator technology that eliminates the need for chemical sources and provides real-time measurements close to the…
Mooring of the PSVM FPSO in 2000m of water in BP’s ultra-deepwater block 31 offshore Angola was completed recently by First Subsea. The double-hulled FPSO is a hub field development that will produce oil from the Plutao, Saturno, Venus and Marte fields…
Steve Cossé has stepped up from EVP to president and CEO of Murphy Oil following the retirement of David Wood. Roger Jenkins, Murphy’s EVP for exploration & production since 2009 and a key figure in its development of the deepwater Kikeh field offshore Malaysia…
The Inter-M Pulse long-term mooring connector, developed by InterMoor in conjunction with sister company Pulse Structural Monitoring, was recently put through its paces in a North Sea field trial. Alan Duncan, MD of InterMoor UK, reported…
Integrated control and safety systems provided by Emerson Process Management under a $23 million contract from BP will help manage operations on the two new bridge-linked platforms to be installed West of Shetland for the Clair Ridge development…
The latest addition to the Hallin Marine fleet of subsea operation vessels, the compact semisubmersible Derwent, was floated for final fit out at the Drydocks World yard in Nanindah, Indonesia, last month. Designed and equipped to meet current and anticipated subsea industry demand…
Successful field deployment of a new compact remote controlled subsea hot tapping machine was announced recently by TD Williamson. The lightweight Subsea 1200RC Tapping Machine, described as a ‘topside-driven machine with passive ROV interface’…
With the 2012 Atlantic hurricane season well under way, Weather Research Center's Jill Haslings discusses key learnings from the super storms of the past decade and how the Freeman/Hasling Damage Potential Scale can help the oil industry better understand the threat from the Gulf hurricanes to come…
Drilling and completing the Dutch North Sea's first intelligent auto-gas lift tri-lateral subsea oil and gas well helped transform the highly marginal Van Ghent discovery into an economically robust development. Dana Petroleum Netherlands's Michiel van der Most…
The concrete gravity-base structure for Russia's Arkutun-Dagi field, part of the Exxon Neftegas-operated Sakhalin-1 development, was installed offshore northeast Sakhalin last month. Water depths in the area are around 35m. Construction of the…
Åge Landro (pictured), former EVP of AGR Field Operation, has returned to the Norwegian group as EVP strategy & integration. Landro moved to Oceaneering in December last year when AGR completed its sale of the field operations business unit to Oceaneering.
Subsea thermal insulation has an important role to play in ensuring the smooth running of offshore facilities as the industry moves into deeper waters and fluids get warmer. Trelleborg Offshore's Grethe Hartviksen argues that innovative synthetic…
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