Offshore Regions News - page 1547

 

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…

Trending upward

Jul 25, 2014

Launched in 2010, CGG’s Oceanic Vega is a purpose-built high-capacity seismic vessel optimized for reduced noise and fuel consumption. It carries DNV-CLEAN notation for the lowest environmental impact. Photo from CGG…

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…

Energean takes on rig for drilling

Jul 25, 2014

Greek exploration firm Energean Oil & Gas is starting a €165 million investment program in Prinos, North Prinos and Epsilon in the Gulf of Kavala after acquiring the Energean Force drilling rig.  Energean said acquiring the Energean Force…

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…

Bechtel and Gulf Island join forces

Jul 25, 2014

Gulf Island Fabrication has signed a cooperation agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together on offshore projects for the US Gulf of Mexico and abroad. Gulf Island Fabrication will offer its fabrication experience…

Archer secures Peregrino extension

Jul 25, 2014

Statoil's Brazilian business unit has exercised the first of two options to extend its contract with Archer for the provision of platform drilling management services on the Peregrino field development. The original contract was for a fixed four-year term…

UK issues guidance for emergency response planning at OREIs

Jul 24, 2014

The UK Maritime and Coastguard Agency (MCA) issued a notice yesterday containing updated requirements for emergency response cooperation plans and requirements for emergency response and search-and-rescue (SAR) helicopter operations relating to offshore renewable energy installations (OREIs)…

Turkey approves South Stream EIA

Jul 24, 2014

The Ministry of Environment and Urban Planning of Turkey approved the Environmental Impact Assessment (EIA) report for South Stream's offshore section in Turkey. The report contains the assessment of potential environmental impacts caused by the gas pipeline construction…

API: Americans favor domestic production

Jul 24, 2014

A July 2014 poll revealed that if the US produced more oil and natural gas, it would greatly benefit job creation, increase government revenue and strengthen national security. API and Harris Interactive Poll According to a recent…

Financing secured for Ophir field

Jul 24, 2014

Australia-based Octanex and its joint venture partners have secured financing for the development of Ophir field, offshore Malaysia. A letter of offer was accepted for syndicated term loan facilities of up to nearly US$118.8 million for…

Cosco jackup delivered

Jul 24, 2014

Singapore's Cosco announced on 23 July that the Cosco (Nantong) Shipyard, delivered jackup Kai Xuan Yi Hao to an unamed Asian buyer. The jackup, which measures 66.71m in length of all and is 67.06m wide, can operate at water depths of…

GE announces Meridium investment

Jul 24, 2014

GE’s Measurement & Control business announced a minority equity investment in Meridium. The companies will enter into a joint development and distribution agreement that will integrate Meridium’s asset performance management (APM) software…

Petrofac announces new VP

Jul 24, 2014

Pedro Vergel joins Houston-based Petrofac Training Services (PTS) as vice president of the Western Hemisphere for Petrofac Training, a newly-created role. Vergel will be responsible for PTS operations in Europe and the Americas as the…

The importance and potential impact of revising API 17G

Jul 24, 2014

The ongoing revision of API 17G (specification for subsea well intervention equipment) includes many changes from prior editions.  These changes extend beyond the added design rules and product qualification processes for hardware typically seen in design code updates…

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