Partners on the shut-in Norwegian Njord field are considering options for the area’s future, including a potential new floating production vessel or platform. The floating steel Njord A platform, operated by Statoil, was shut-in during July…
Allseas Group is to build a second single-lift platform installation and decommissioning vessel that will exceed the lifting capacity of its Pieter Schelte unit by 50%. The new vessel will be able to remove all platform topsides in the North Sea…
Over recent months, IHC Merwede’s Offshore Division has been successful in securing orders for the design, engineering and construction of a total of 10 pipe-laying vessels. These vessels will be built in the covered hall at the IHC Krimpen facility…
The Arctic is one of the few areas remaining with large finds to be made. In order to operate and develop fields in the Arctic, new technologies are needed and are being developed, from ice-management systems to innovations in drilling. The…
Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…
ORPC Solutions, a subsidiary of Ocean Renewable Power Company (ORPC), is to provide project management and services to Resolute Marine Energy’s (RME) Yakutat Wave Energy Project in Alaska. Located on the Gulf of Alaska 200 miles northwest of Juneau…
Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco. Pura Vida will take a 50% stake in the Ambilobe block…
This event aired on December 12, 2013 Click to AccessNo doubt advances in automation technology can help companies in the offshore oil and gas industry but integrating Safety and asset integrity to the operating strategy of the process…
Standard & Poors said that Transocean Ltd. (RIG) would replace computer maker Dell Inc. (DELL) in the S&P 500 index, effective 28 Oct 2013. The S&P 500 index one of the most commonly followed stock market (equity) indices and it is based…
The first subsea production facility has been brought on stream offshore Russia, Gazprom announced. The Kirinskoye gas and condensate field, part of the Sakhalin III project, is a 28km subsea tie-back to shore, in the Kirinsky block in the Sea of Okhotsk…
Germany’s Raytheon Anschütz released its latest gyro compass, the Standard 22, which ensures accuracy and reliability under all environmental conditions. Operational safety was dramatically increased due to a patented data transmission technology that completely replaces the use of slip rings…
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…
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…
After two years of planning, BP is about to launch a major renewal program on its North Sea Magnus and ETAP facilities. BP explained the program—and its long term aims—to Elaine Maslin. Operators in the North Sea are tackling a thorny…
The international hunt for resources in the arctic is unlikely to lead to confrontation, but it is possible, the SPE Arctic and Extreme Environments conference heard in Moscow today. Former British diplomat in Russia, Sir Anthony Brenton…
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