Offshore News

 

Big gets bigger - and more capable

Aug 01, 2014

Frank Verhoeven  Boskalis is eyeing an increasing role in offshore oil and gas and renewables projects—including the potential to dry dock floating production vessels at sea. Elaine Maslin found out more…

Metal-to-metal completion technology

Aug 01, 2014

Metalmorphology is the process of shaping metal downhole to provide a metal-to-metal, gas-tight seal for the life of the well. Photos from Meta. Well integrity has been defined by…

Royal accolade tops record year

Aug 01, 2014

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…

Rosneft, PDVSA enter offshore agreements

Jul 30, 2014

Rosneft and PDVSA entered into a cooperation agreement to implement offshore projects in the Rio-Caribe and Mejillones blocks, which is phase II of the Mariscal Sucre project. Both companies expressed interest to reach an agreement on key technical requirements…

P&A problems

Jul 30, 2014

The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…

Eco Atlantic acquires block offshore Ghana

Jul 30, 2014

Eco Atlantic Oil & Gas Ltd.received approval from the Parliament of the Republic of Ghana to acquire a 50.51% interest in the Cape Three Points West block, located in the Tano Cape Three Points basin, offshore Ghana. The agreement is for 25 years…

Heave compensation improves offshore lifting operations

Jul 30, 2014

In addition to allowing cranes to work safely and effectively in harsh conditions, heave compensation reduces the effect of resonance on the subsea load. Photo from Huisman. Accurately…

JDR opens center in Cambridge

Jul 25, 2014

JDR is opening a new offshore engineering technology center in Cambridge on 28 July. The new Cambridge R&D team will evolve JDR’s specialist knowledge of subsea production umbilicals and subsea power cables to take on exploration challenges faced by oil…

WJM introduces MORF

Jul 25, 2014

Houston-based William Jacob Management, Inc. (WJM) introduced a modular offshore drilling rig design that reduces deployment costs and improves speed-to-market for upstream operations. The modular offshore rig facility (MORF) is a copyrighted design for a 3000hp modular drilling facility…

Tidal energy projects inch forward

Jul 25, 2014

Former SSE utility boss Ian Marchant has joined tidal energy firm Nova Innovation as its chairman.  Marchant was chief executive of SSE, a large UK-based utility company, for 10 years, before standing down in 2013.  Earlier this year…

Crowley welcomes Ocean Sky

Jul 23, 2014

Crowley Maritime Corp. will christen the new ocean-class tug, the Ocean Sky, in Houston tomorrow. The 156-ft long Ocean Sky is the fourth of Crowley's new ocean-class tugs to leave the Bollinger shipyard, following its sister ship, the Ocean Sun…

Sembcorp secures Kaombo FPSO conversion work

Jul 21, 2014

Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…

Kenyan explorers look deeper offshore

Jul 21, 2014

BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group.  Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…

Trinity acquires Centrica interest

Jul 18, 2014

Trinidad and Tobago’s Trinity Exploration signed an agreement with Centrica to acquire the British company’s 80% interests in two offshore blocks. Valued at approximately US$23 million, blocks 1a and 1b are located offshore the west coast of Trinidad…

Black Elk, Renaissance Offshore enter agreement

Jul 17, 2014

Black Elk Energy Offshore Operations announced they have entered into a purchase and sale agreement with Renaissance Offshore,  a privately held Houston based oil and gas company. Under the agreement, Renaissance will acquire interests in nine fields in the Gulf of Mexico…

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