Offshore Subsea News - page 296

 

Freeport acquires PXP, McMoRan

Dec 05, 2012

FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…

Petrobras cheers Muriú find

Dec 05, 2012

Map of Muriú prospectPetrobras makes 4th find off Sergipe-Alagoas Petrobras has made a fourth oil discovery in the ultra-deepwater Sergipe-Alagoas basin offshore Brazil, the company announced on 5 December 2012.Tests confirmed the presence of light oil in the Calumbi formation…

Shelf acquires Transocean rigs

Dec 03, 2012

Four Friede & Goldman L-780-Mod II jack-ups were sold to Shelf Drilling by TransoceanShelf closes $1.05 B jack-up rigs acquisitionTransocean has completed the sale of 38 shallow water rigs to newcomer Shelf Drilling for $1.05 billion, the company announced on 30 November 2012…

PXP finalizes GOM acquisitions

Nov 30, 2012

Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…

Subsea 7 wins Shell extension

Nov 28, 2012

Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…

Data transfer secures attention

Nov 28, 2012

Securing data while providing access to the right people is challenging in an onshore setting. Move the data offshore, where bandwidth is at a premium, and the challenges compound. Jennifer Pallanich looks into issues companies face in the offshore communications sector…

products in action- February 2012

Nov 27, 2012

‘World first’ 10k drilling riser The offshore engineering team at Aquaterra Energy is hailing the 10,000psi-rated, 20in ID full bore drilling riser it recently installed for Apache North Sea as a world first. Designed specifically for Apache…

Expro picks up Indian subsea job

Nov 27, 2012

Photo: ExproExpro has been awarded its first major subsea completion landing string contract in India, the company announced on 26 November 2012.The three-year contract comes with options to extend for another two years. The scope of work…

Cameron, Schlumberger form Subsea JV

Nov 19, 2012

Cameron SubseaCameron and Schlumberger have united under the banner OneSubsea, a new 60/40 joint venture to manufacture and develop products, systems and services for the subsea oil and gas industry, the duo announced on 15 November 2012…

Subsea Smarts

Nov 10, 2012

A subsea pipeline pressure isolation operation was completed by TDW Offshore Services in the Gulf of Mexico in 370ft of water against 870psig. The isolation enabled the safe and effective tie-in of a piggable wye to the Mississippi Canyon Gas Pipeline…

Having fun with heavy oil

Nov 01, 2012

Some notable heavy oil projects offshore Brazil are entering advanced phases to increase or maintain production. Russell McCulley reports from Rio de Janeiro on the latest developments at three Campos Basin fields – Statoil’s Peregrino, Petrobras’…

Meeting the chemical injection challenge

Nov 01, 2012

As offshore operators get into deeper waters and develop more mature oil & gas fields using more complex well architectures, continuous downhole injection of chemicals is increasingly required to manage challenges such as scale formation or asphaltene precipitation within the wellbore…

Control modules through the ages

Nov 01, 2012

'In two to three years' time we could be looking at data speeds of 1Gbps.' Derek RobertsonThe development of subsea controls over the past 30 years, and trends for the future, were reviewed as part of a subsea technology day held in Aberdeen last month by Aker Solutions…

Aker Solutions and Statoil

Oct 12, 2012

Aker Solutions and Statoil were jointly awarded the ONS Innovation Award in Stavanger for their work on the Åsgard subsea gas compression system (OE April). Aker CTO Åsmund Bøe commented: ‘This technology has the potential to change offshore gas field developments worldwide…

Aquaterra Energy

Oct 12, 2012

Aquaterra Energy opened an office in Aberdeen last month. The company’s team there, working on drilling riser systems, offshore platforms, subsea templates and the like, is headed by GM Eric Doyle who commented: ‘We are developing the expertise…

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