BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
EMAS AMC, the subsea services division of Ezra Holdings, has been awarded several projects around the world worth close to US$110 million, including options. The scope of work for the projects include the transport and installation of subsea structures in Africa…
Production began from two “high-rate” wells at Murphy Oil’s Dalmatian development in the US Gulf of Mexico. The US-based company announced that the project came online during its 2Q 2014 earnings report. Murphy Oil said the results were “better than planned…
Hydra Offshore Ltd. and Wood Group Ghana Ltd. cement a long-term relationship for subsea engineering services in Ghana. Ghanaian company Hydra Offshore has signed a two-year contract to provide local engineering support to Wood Group Ghana…
The Mariner development concept. Images from Statoil. The Mariner heavy oil field took 40 years, 12 oil companies, five seismic surveys, and 18 exploration/appraisal wells to get to where it is today…
Ingrid Sølvberg, director for the Norwegian and Barents seas, Norwegian Petroleum Directorate. Photo from UTC. Challenges to produce new areas, like the Barents, and extend the life of more mature regions…
Rising subsea development costs have led Statoil to set a target for 20-30% cost reduction on projects. Elaine Maslin reports from the Underwater Technology Conference. Subsea – facing new realities” was the slogan for this year’s Underwater Technology Conference (UTC) in Norway…
The J-Lay test rig applies a 20 te vertical load via the rollers whilst pulling the product through. Image from Trelleborg Offshore. Specifying the right vortex induced vibration…
Huisman’s 900-tonne RL-KBC with long outreach. Photos from Huisman. Subsea 7’s Seven Arctic is due for delivery in 2016. Its 900-tonne capacity crane was developed in close cooperation with Huisman…
The Leman compression module at HSM Offshore, Schiedam. Photos from HSM Offshore. HSM Offshore has added new contracts to its order book, but more could be done by the industry to reduce costs and more efficiently use assets…
Daniel Camerini at Ativatec’s workshop at UFRJ’s Technology Center in Rio de Janeiro. Photo by Claudio Paschoa. Claudio…
Optimum completion. Photo from Weatherford. Weatherford’s Yvonne McAnally and Ben Lake show how collaboration and integrated methodology delivered an operator’s first subsea well project in Norway…
In advance of OE’s 2014 Deepwater Intervention Forum held in Galveston, Texas, Managing Editor Audrey Leon spoke with representatives of Helix Energy Solutions, FMC Technologies, and consultant Robert Keith of R.J. Keith & Associates, to discuss topics affecting the intervention sector…
TrustLube installed an automatic greasing system on EMAS’ newbuild ice-classed ultra-deepwater pipelaying and construction vessel Lewek Constellation in June. The newbuild is shown here in July sailing along the Queensland…
IHC Engineer Business’ Hi-Traq trenching system, launched in May. Photos from Royal IHC. Elaine Maslin spoke to Bram Roelse, the CEO at Royal IHC—the new name for Dutch firm IHC Merwede. Last…