The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
As subsea production systems are entering a new era, Statoil is finding that designing, qualifying and installing the subsea factory is just the start—the future will require a new breed of vessel, Elaine Maslin explains. Earlier this summer…
Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…
A new report shines a spotlight on the UK’s decommissioning supply-chain’s future needs. The latest estimate of future spending on decommissioning in the UK Continental Shelf (UKCS) is approximately £35billion by 2040. To date, fewer…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…
BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…
Andreas Chrysostomou has been appointed the 111th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its annual general meeting on 21 March 2013. Richard Vie has been appointed President Elect…
Clariant opened a new R&D Laboratory for Catalysts for Chemicals and Oil & Gas industries. Located in the company’s largest manufacturing plant of Latin America, in Suzano (Brazil), the laboratory begins operations with a complete infrastructure…
NOF Energy, the business support organisation for oil, gas, nuclear and offshore renewables, has celebrated its 25th anniversary with a special Silver Jubilee Celebration Dinner at the Gateshead Hilton. The dinner celebrated the growth of the business development organisation…
Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…
Marine Well Containment Company (MWCC) selected Mobile, Alabama, as the shore base location to house its subsea umbilicals, risers and flowlines (SURF) equipment. “Should our SURF equipment be needed to respond to a well control incident in the deepwater US Gulf of Mexico…
A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard. Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…
GE will supply Mitsui Ocean Development Engineering Co. Ltd. (MODEC) with four LM2500+G4 aeroderivative gas turbine packages for a new floating production, storage and offloading (FPSO) platform. The FPSO, owned and operated by MODEC, will be installed in 2…
One of the biggest challenges facing the subsea industry, in Norway and globally, is human resources—access to skills. To help quantify and assess the sector’s skills base and find where the gaps are, the Underwater Technology Foundation…
The world’s first subsea compression station is coming together in Norway— Elaine Maslin looks at the work ahead. Norway’s subsea laboratory is getting close to producing major results for Statoil and Aker Solutions. The two firms…
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