Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…
For the second time since it produced first oil a month ago, a gas leak has sidelined Kashagan’s operations. The North Caspian Operating Company (NCOC) said that the leak was found on a pipeline running from the artificial D Island to the onshore Bolashak processing plant in Atyrau…
Keppel AmFELS LLC was awarded a contract from Central Panuco S.A. De C.V to build a KFELS B Class jackup rig worth US$240 million. Scheduled for delivery in late 2015, the jackup rig is intended for operations in offshore Mexico. This…
Shangai's Altium Limited, recognized for its Smart System Design Automation, 3D PCB design, and embedded software development, announced a strategic partnership with Brazil-based reseller SKA Group. SKA, one of Brazil's largest resellers of Dassault Systems and SolidWorks products…
Lundin Petroleum subsidiary Lundin Malaysia won the approval of its Bertam field development plan from Malaysia's Petronas. The Bertam field marked Lundin’s first development project in the country. Bertam, located about 100 mi offshore Peninsular Malaysia in PM 307…
Roc Oil Company Limited, a subsidiary of ROC, announced the completion of its 162 sq km 3D ocean bottom cable (OBC) seismic campaign in the 09/05 exploration license, located in the Bohai Bay offshore China. With the data received, seismic…
Wärtsilä has launched its new Bio Seal Ring product for maritime stern tube seal applications. It is the first seal on the market that works with environmentally acceptable lubricants (EAL), also known as bio-degradable oils, for a lifetime of at least five years…
Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…
Houston-based Northern Offshore Ltd. announced that two of its subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design…
Keppel Offshore & Marine signed a memorandum of understanding (MOU) with PEMEX Exploración y Producción (PEP) and PMI Norteamérica, S.A. de C.V. (PMI) to jointly develop, own and operate a yard facility in Mexico specializing in construction…
Shanghai Offshore Petroleum Bureau (Sinopec) took delivery of the FA XIAN6 seismic research vessel. The vessel is a Rolls-Royce UT 830 CD design, and is the first of its type to be built in China. It is equipped with a package of Rolls-Royce power and propulsion systems…
Following Mitsui’s decision to divest its 35% share of the project, AWE Limited, New Zealand Oil & Gas, and Pan Pacific Petroleum, via their subsidiaries, will increase their respective interests in the Tui area oil project for $US14.9 million…
Dubai-based Dragon Oil plc has leased two LeTourneau S116E jackup rigs from BKE Shelf Ltd to use in its Cheleken Contract Area, offshore Turkmenistan. The Neptune and Mercury have been contracted for a period totaling three years. Neptune…
Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…
Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…
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