Preliminary production figures for August 2011 indicate an average daily production of about 1 957 000 barrels of oil, NGL and condensate. This is a decrease of 80 000 barrels compared to July. Gas production was about 7.9 billion Sm3, which is 0.6 billion Sm3 more than the previous month. The avera
Rocksource ASA announced today that the drilling rig “Borgland Dolphin” has commenced drilling on the “Phoenix” prospect in PL 559 in the Norwegian Sea. Phoenix is interpreted as an extension of the nearby Linerle discovery with a shared Oil Water Contact (OWC) The PL 559 partnership consists of Roc
The Board of Directors of Otto Marine Limited announced that the Company or its nominee has entered into a Memorandum of Agreement (the “Agreement”) with Go Marine Group Pty Ltd or its nominee, in respect of the sale of a 8,000 bhp AHTS vessel identified as “GO Rigel” (the “Vessel”) for a considerat
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $60 million from Det norske oljeselsakp ASA, for tie-back of two satellite wells in the Jette field to the Jotun B platform. The contract is for the engineering, procurement, fabrication and installation of a 6km flex
DCNS and KND have signed a memorandum of understanding (MoU) for the promotion, construction and sale of offshore patrol vessels (OPVs) in South Africa. The Gowind OPV leverages the most innovative technologies to ensure the success of maritime safety & security (MSS) and counterpiracy missions. DCN
French utility GDF Suez plans to sell several of its gas assets in the British part of the North sea to Italian oil company… Reporting by Caroline Jacobs (Reuters) [mappress] Source: Reuters, September 8, 2011;
Following an increase in offshore projects, a leading diver training centre has seen an increase in requests from the oil and gas and … SubseaUK [mappress] Source: SubseaUK, September 08, 2011;
One of three 47,500T bulk carrier (Hull No. CIS47500/B-01 ) for Ningbo Marine Co., Ltd. was launched smoothly in 80,000 tonner slipway at Sanjiangying shipbuilding base by China Shipping Industry (Jiangsu) Co., Ltd., which is another innovative hull form following 46,000T oil tankers and 57,300T bul
Injecting seawater into reservoirs for pressure maintenance and incremental enhanced oil recovery is a long established practice, normally involving water treatment processes and high pressure pumps located on platform topsides. The next logical evolutionary step is moving closer to reality whereby
Development of Shipping and Ports Facilities will play significant role in supporting growth of ocean energy industry The Sustainable Energy Authority of Ireland (SEAI) in conjunction with the Irish Maritime Development Office (IMDO) have published the first report on the future shipping and ports r
Mantracourt’s T24 digital telemetry system has been chosen by Technip Umbilical Systems (DUCO Ltd), a company that manufactures a range of bespoke ‘umbilical systems’ for offshore applications. DUCO umbilicals form the critical link between a subsea production arrangement and a remote facility provi
Pipeline operators are renewing and repairing existing pipes and laying new pipelines to secure energy and water supplies across the world… (zawya) [mappress] Source: zawya, Sptember 08, 2011;
Marine Well Containment Company (MWCC) announced that Petrobras America Inc. (PAI) is the first non-member to have cited MWCC’s system to receive an approved drilling permit. PAI contracts with MWCC for the right to cite the MWCC system in its permit application to theBureau of Ocean Energy, Managem
In cooperation with Voith, Dutch Offshore Innovators BV, (DOI) developed together a new concept for economical operations of a wind turbine foundation installation vessel. The so-called TFliner concept is a move towards compact design and simplicity, which drastically reduces construction costs. An
