Luxembourg-based Maritime Construction Services’ subsidiary New Orient Marine awarded Keppel Singmarine a US$200 million contract to build an ice-class multi-purpose vessel. The ice-class vessel will be designed to operate in temperature…
Mexico’s Cotemar S.A. De C.V. took delivery of its new emisubmersible vessel from Cosco (Nantong) Shipyard Co. The vessel, Neptuno, measures 91m in length, 67m in breadth and 27.5m in depth.
Hess awarded Enbridge a contract to build, own, and operate a lateral pipeline estimated at US$130 million, to connect the Stampede development to an existing third-party pipeline system in the Gulf of Mexico. Gulf of Mexico platform…
As oil prices move ever lower, Wood Mackenzie assessed at what price the operating cash flow from producing oil fields turns negative. Negative operating cash flow can be an immediate brake on production. While Wood Mackenzie does not think this floor will necessarily be triggered…
Mexican national oil company, Petróleos Mexicanos (Pemex) took delivery of its first of two KFELS B Class jackup rigs from Singapore’s Keppel FELS. The Yunuen jackup. From Keppel. The…
Houston-based deepwater focused oilfield services firm Deep Down, Inc. has won a large order for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and deployed in the Gulf of Mexico by Q1 of 2016…
Bibby Subsea and Bordelon Marine signed a three-year contract to charter Bibby’s new ultra-light intervention vessel (ULIV) in the Gulf of Mexico (GoM). The Brandon Borderlon. From Bibby. The…
McDermott International received authorization from the Central Administration of Customs in Mexico to operate its Altamira fabrication facility near Tampico, Mexico, as a free trade zone. The Altamira fabrication yard…
Chevron discusses what it takes to deploy the technology and deliver first oil from the Jack/St. Malo fields, which are among the largest in the Gulf of Mexico. Discovered more than a decade ago, Jack and St. Malo are expected to deliver more than 500MMbbl…
Chevron encountered a significant oil discovery at its deepwater US Gulf of Mexico Anchor prospect. The Anchor well was drilled by Pacific Drilling's Pacific Santa Ana drillship. Image from Pacific Drilling…
McDermott International obtained a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for Pemex Exploracion y Produccion in the Bay of Campeche Ayatsil field. Ayatsil…
With well data often scarce, many deep water Gulf of Mexico operators rely on the structural images and elastic properties derived from seismic when evaluating the probability of success and estimating reserves in prospective fields. Vincent Vieugue suggests this is not enough…
As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…
New age technologies block failures, and boost bottom line. Gregory Hale reports. Every minute counts these days. The right decisions hinge on responding to issues before they become big…
The race has been on to create a mechanically-lined pipe that can be installed using reel-lay. Now it’s been done, and the method is taking off. Elaine Maslin provides an overview. BUTTING’s own-brand BuBi-Pipe in manufacturing…