Fossil Energy
DNV JIP to Help Speed Up Subsea Forgings Delivery Times
In the construction of a subsea project, one challenge is the long delivery time of large steel forgings used for key components. This is mainly due to compliance with oil companies’ individual requirements. DNV is now inviting the subsea industry to jointly obtain synergies by developing a best-pra
GALLERY: Secretary Jewell Visits OTC 2013 (USA)
As part of the Obama Administration’s commitment to the safe and responsible development of offshore resources, the recently appointed Secretary of the Interior Sally Jewell traveled to Houston, Texas Wednesday to attend the 2013 Offshore Technology Conference. Secretary Jewell toured the exhibition
McDermott 1Q 2013 Income Drops (USA)
McDermott International, Inc. reported net income of $20.6 million, or $0.09 per fully diluted share, for the quarter ended March 31, 2013. The results for the first quarter 2013 dropped compared to income from continuing operations of $61.9 million, or $0.25 per fully diluted share, in the correspo
Trelleborg, Saipem Working on FLNG Offloading System
Swedish Trelleborg has teamed up with Italian oil and gas industry contractor, Saipem, to develop a new LNG tandem offloading system. Derived from existing and proven technologies, the latest development in cryogenic LNG floating hoses is set to become a key component in offloading systems for futur
Petrobras: Pre-Salt Layer Produced 192.4 MBOE So Far
Carlos Tadeu Fraga, Executive Manager for Petrobras’ Pre-salt Exploration and Production, announced yesterday at the Offshore Technology Conference (OTC 2013) that, between 2008 and April 2013, the cumulative production from the pre-salt reservoirs in the Campos and Santos Basins has reached 192.4 m
BG to Drill Jordbær Sørøst with Transocean Searcher (Norway)
BG Norge AS (BGN) has received consent to drill exploration well 34/3-4 S with the Transocean Searcher rig. BGN is the operator of production licence 373 S in block 34/3 in the northern part of the North Sea, approx. 120 km west of Florø. The consent relates to drilling of exploration well 34/3-4 S
Deepsea Metro I Drillship Stays in Africa with BG and Ophir
Ophir Energy plc announces that it has secured a drilling rig and executed a letter of agreement for Rig Share Assignment with BG Group for the continuation of its 2013-2014 East African offshore drilling programme. Odjfell Drilling is the contract counterpart and drilling service contractor. The De
Inpex Farms Into Tullow’s Block Offshore Uruguay
Japan’s INPEX has signed an agreement to acquire a 30% participating interest in exploration Area 15 (the Block) offshore Oriental Republic of Uruguay (Uruguay) from TULLOW URUGUAY LIMITED, a subsidiary of Tullow Oil plc (Tullow), an independent E&P company based in the United Kingdom. This is the f
Talisman Gets Approval to Drill Frode Well (Norway)
Talisman Energy Norge AS (Talisman) has received consent to drill exploration well 2/1-16 S with the Mærsk Giant jack-up rig. Talisman is the operator of production licence 299 in block 2/1 in the North Sea off Norway. The consent relates to drilling of exploration well 2/1-16 S in a prospect called
Blue Thunder PSV Ready for Statoil Contract
The Platform Supply Vessel Blue Thunder was named at Ulstein Verft in Norway today, 8 May 2013. The ship is the fourth of six PX121 designs for Blue Ship Invest, and HR director Torild Bugge in Ulstein Group was the Lady Sponsor. Blue Thunder will be operated by Atlantic Offshore and has received a
100th Drillship with Rolls-Royce Propulsion Equipment
Rolls-Royce Plc has signed a contract to deliver drillship propulsion systems to the world’s largest drilling company Transocean. This latest contract marks the 100th drillship to feature Rolls-Royce propulsion equipment. In recent months Rolls-Royce has won orders to supply propulsion systems for s
Shell Bringing In GoM’s Second FPSO. Makes Stones FID (USA)
Royal Dutch Shell plc (Shell) today announces a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets in motion the construction and fabrication of a floating product
Rolls-Royce Deck Machinery Delivered for WesternGeco Seismic Ship
Rolls-Royce has delivered advanced deck machinery system for a highly specialised new Amazon-class seismic research vessel for WesternGeco, which is under construction at Flensburger Shipyard in Germany. The contract includes the supply of a control and back deck system for towing and handling of 18
Pemex Hires Carlos Slim’s Rig for $415 Mln
Mexico’s national oil and gas company Pemex has hired an offshore drilling rig from Carso Group. The Carso Group is owned by the riches man in the world, Carlos Slim, whose net worth is, according to Forbes, estimated at $73 billion. Under the agreement, Pemex will operate the rig on a seven year co