SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian continental shelf, around 225km west of Stavanger. The subsea infrastructure on the Alvheim field…
North Sea operator EnQuest says its North Sea projects - Alma/Galia and Kraken are both on track, with the first due to start up mid-2015 and the second in 2017. The firm is currently preparing to start pulling in risers on the EnQuest Producer floating production…
Navitus Bay Development awarded Fugro a contract to provide real-time bankable wind profile data for a 12-month period using the Seawatch Wind LiDAR Buoy. The LiDAR buoy has achieved close to 100% data availability despite experiencing…
Automation systems provider Cougar Automation has developed and commissioned a control system for Balltec to use on the first buoy supported riser (BSR) system installed on Brazil’s Guara-Lula project. Buoy supported riser tether adjustment…
The Haewene Brim floating production (FPSO) facliity in the UK North Sea has resumed production after being shut-in just months after starting production following an overhaul. The Haewene Brim, which is operated by Bluewater on behalf of Shell…
The pressure is on to find economically viable ways to develop marginal fields, in the UK North Sea and further afield. Ben Smith and Ed Randall look at the challenges and options. More and more emphasis is being placed by operators and…
Nigeria's Aveon Offshore has been awarded a contract by National Oilwell Varco (NOV) Nigeria for the fabrication of Egina offloading buoy as part of the package for the Egina oil loading terminal contract for Total Upstream Nigeria. The contrac…
Singapore’s KrisEnergy chartered the Rubicon Vantage floating storage and offloading (FSO) vessel and a catenary anchor leg mooring (CALM) buoy for use on the Wassana oil development in the G10/48 license area located in the Gulf of Thailand…
Real-time metocean data transmitted by a Fugro SEAWATCH Wavescan buoy is supporting Technip's construction program on BP's Quad 204 project West of Shetland. The work is Technip’s largest UK North Sea contract to date and involves replacing…
Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…
SBM Offshore discusses some of the company’s developing technologies and how it is working toward unlocking reserves in the Gulf of Mexico. Exploration for fields further offshore and in deeper waters is leading to the development of more complex reservoirs…
Transport Canada, the province of New Brunswick, and several other project partners announced funding for the SmartAtlantic Saint John (New Brunswick) buoy project, eighth in the smart buoy series that is modernizing Canada's marine navigation system…
UK-based exploration junior Enegi Oil says a self-installing floating tower (SIFT) would be the best development option for the central North Sea Phoenix discovery. Enegi’s preference for a SIFT follows a work program by Azimuth Limited…
Rosneft reported today that the Arctic Research and Design Center (ARDC) has completed its 2014 winter ice field studies, the largest expedition in the Arctic Ocean. The ARDC is a joint venture of Rosneft and ExxonMobil, supported by the…
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