The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
Sevan Drilling and Cosco (Qidong) Offshore have come to an agreement over the delivery of the new-build Sevan Developer cylindrical drilling rig. The deepwater unit is being built by Cosco, but has faced construction delays. Meanwhile…
Sevan Drilling and Cosco (Qidong) Offshore have agreed to extend a standstill agreement over the building of the deepwater, cylindrical drillship Sevan Developer to 4Q. The move, which follows an initial standstill agreement, made on September 22…
Sevan Marine is to provide front end engineering and design for the hull and marine systems of a Sevan type cylindrical floating production (FPSO) facility for Premier Oil's Bream field in the Norwegian sector of the North Sea. Bream…
Sevan Drilling has agreed a 'standstill' arrangement with Cosco (Qidong) Offshore over its drillship, the Sevan Developer. Significant delays in the build of the new deepwater drilling facility, and a drop in the market for deepwater units…
Three tugs of Fairmount Marine have towed the new floating production, storage and offloading (FPSO) vessel Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest FPSOs for harsh environments, was delivered to the port of Haugesund…
Sevan Drilling's cylindrical drilling unit, the Sevan Louisiana (pictured), continues to encounter operational difficulties due to the BOP and supporting systems, the firm said today (September 8). An original issue with the unit's BOP…
The 4th Annual Global FPSO Forum, formerly Emerging FPSO, serves as a rare opportunity to meet and deliberate over topics affecting the global industry. While most conferences are held in Europe and Asia, Global FPSO Forum is held annually in Galveston…
Cylindrical floating vessel firm Sevan Marine says it has a positive outlook with multiple leads for its technology, including FLNG technology and potential deals for floating production units on Premier Oil’s North Sea Bream field and Shell’s Penguins…
Sevan Drilling's Sevan Louisiana ultra-deepwater semisubmersiblse drilling rig has temporarily halted operations due to a control system leak on the blow out preventer (BOP), the firm said today (August 18). In order to repair the leak…
Teekay Offshore Partners have exercised the first of six options to build another floating accommodation unit (FAU) based on the cylindrical Sevan design at the Cosco Shipyard, Nantong, China. The new FAU is scheduled for delivery in Q3 2016…
Sevan Marine’s Sevan 300-designed circular FPSO, which serves Petrobras’ Piranema field off Brazil. Photo from Sevan Marine. A new study by RPSEA, Doris-Inc., and Sevan Marine investigates…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Fairmount Marine announced on 14 April 2014 that its tug Fairmount Sherpa has safely towed the semisubmersible drilling rig Sevan Louisiana from Singapore to Curaçao. During the 11,500mi. voyage via the Cape of Good Hope, stops were made in Port Louis (Mauritius)…
Aberdeen-based independent explorer Xcite Energy Resources (XER) has agreed a memorandum of understanding (MOU) to use a self-installing platform design on its North Sea Bentley field. The MOU, with engineering firms AMEC and Ove Arup & Partners…
Subscribe
