A high level of investment creates an opportunity for new entrants into the pipelay vessel market, says Douglas Westwood’s Singapore-based analyst Thom Payne. About 32,000km of offshore pipelines are expected to be installed over the next five years…
Waterjet cutting went deepwater during the BP Macondo crisis. Now it is ready to go even deeper. By Elaine Maslin Ultra-high pressure (UHP) waterjet technology has been used since the mid- 1980s in the marine environment. Its use is well…
BP has selected a new head of exploration to replace Mike Daly, who is leaving BP at the end of 2013 after 28 years with the company. Richard Herbert returns to BP after serving as executive vice president at Talisman Energy since 2009…
Industry body Subsea UK is rebranding its flagship event for its tenth anniversary. The major exhibition and conference will now be known around the world as Subsea Expo and will stretch to three days as opposed to two in previous years. Subsea…
Growing numbers of subsea wells in increasingly deeper waters will continue to drive the market for well intervention capabilities. Infields’ James Hearn outlines the market. Depleting oil and gas reserves within established shallow water…
The US Gulf of Mexico (GOM) has clearly returned to the spotlight as one of the hottest offshore regions in the world. The impact of Macondo appears to be in the past and the number of both drilling rigs and major production projects are increasing…
Increasing construction and installation activity globally is driving a demand for fabrication and manufacturing capabilities. With its shipbuilding and petrochemical heritage, northeast England is rising to meet the challenge. From a cluster of towns centering on Newcastle…
Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…
Wellhead fatigue is acknowledged as a technical challenge in the oil and gas industry. In an effort to advance industry capabilities and better inform operational decisions, BP is developing a system for instrumentation and data interpretation…
Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures…
Maersk Drilling held a naming ceremony for its first ultra-deepwater drillship at Samsung Heavy Industries (SHI) in Geoje-Si, South Korea. The ship, called the Maersk Viking, was named by Nathalie Newman, wife of Harry E. Newman Jr., ExxonMobil Global Drilling Manager…
Subsea construction firm Ceona has awarded a five-year contract worth over £45million to ROV provider ROVOP. The contract will see ROVOP provide hydraulic, work-class ROV services on board Ceona’s fleet of new, purpose-built deepwater…
Heavy lifting, transport and installation firm Jumbo has launched its new K3000 class vessels with the launch of the Jumbo Kinetic from the Brodosplit shipyard in Split, Croatia. The vessels have a large, unobstructed hold and flush decks and are certified 1A Finnish Swedish Ice Class…
Aquatic Engineering & Construction Ltd, an Acteon company, has unveiled its 1500 te carousel (AQCS‐01‐1500) a powerful, modular drive system representing a significant capability extension for customers requiring installation or replacement of flexibles…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
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