Fossil Energy
BlueShift to Launch Remote Plenum Chamber (USA)
BlueShift, Inc. Mechanical Design, a company which specializes in cross-disciplinary engineering, intends to launch Remote Plenum Chamber (RPC), a revolutionary new design for an ROV tool. The system, designed in response to the Macondo Prospect Incident, has collar and grip systems which are interc
Gas Production Starts from Tamar Field Off Israel
Israel has achieved a major milestone on Saturday when natural gas production commenced from the Tamar field off Israel’s Mediterranean shore, Reuters reports. The country is expected to become a gas exporter by the end of the decade. Partners in the fields stated that they had invested $3 billion i
Compact Semi-Submersible OLYMPIA Launched (China)
Marine Assets Corporation (MAC Offshore) has announced the successful launching of the CSS OLYMPIA at the Liya Pingtan Shipyard, a yard under the management of Fujian Mawei Shipbuilding in Fujian Province, the People’s Republic of China. During a speech given at the launching ceremony, MAC CEO, Robi
Noble Homer Ferrington to Start Maintenance Interventions (Malta)
Rig Noble Homer Ferrington arrived in Malta on 10th March 2013 to carry out its routine maintenance interventions. The rig started its voyage from Haifa, Israel on 26th February and was towed to Malta by the AHTS VOS ATLANTIS, with AHTS VOS Challenger standing by, up to the pilot’s station 1.5 nauti
Hess Sells Its Offshore Assets in Azerbaijan
Hess Corporation announced it has completed the sale of its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. Adjusting for net cash flow received since the Jan. 1, 2012 effective date
XPD8 Wins Condition Monitoring Contracts (UK)
Aberdeen-based XPD8 Solutions has reported a strong start to 2013 after its condition monitoring team secured work worth more than £2 million and announced plans to expand its workforce. The company, which specialises in the management of maintenance systems for oil and gas producing assets, has bee
Total UK Awards Systems Support Services Contract to PSS
Aberdeen based safety systems specialist, Process Safety Systems Ltd (PSS) has been awarded a five-year multi million pound contract with oil giant, Total E&P UK Ltd. The contract is expected to create up to 7 new career opportunities with PSS and will see the company provide systems support service
Offshore Engineering Expert Visits Singapore Under MTP Programme
Oxford professor, Paul Taylor, will visit the National University of Singapore from 25 March to 2 April 2013 under the Maritime Technology Professorship (MTP) programme, which aims to enhance research and development (R&D) in marine and offshore engineering research in Singapore. Professor Taylor is
Oil & Gas UK: Government’s Strategy Heads in the Right Direction
Oil & Gas UK’s chief executive, Malcolm Webb, welcomed the publication of the UK Government’s strategy to secure investment and create jobs. He stated: “Close engagement with the UK government and the resulting tax changes introduced last year to promote investment in the oil and gas sector are now
Trelleborg Presents Industry-Related Lectures at OTC, USA
Trelleborg will present a series of technical lectures on industry-related topics and trends at the Offshore Technology Conference in Houston, Texas, from May 6-9. As a key area of focus on the company’s stand (No. 5255) throughout the show, Trelleborg experts will discuss current issues of concern
Top News of the Week March 25 – 30, 2013
Top News of the Week March 25 – 30, 2013
Petrobras: Total February Production Drops (Brazil)
Petrobras announces that, in February 2013, total production of oil and natural gas in Brazil reached 2,316 thousand barrels of oil equivalent per day (boed). Including the share operated by the company for its partners, total volume produced was 2,414 thousand boed, This volume corresponds to a 2.5
Sentinel Marine Orders Four ERRVs from Nam Cheong (Singapore)
Sentinel Marine has placed orders with Nam Cheong to construct four Multi-Role Field Support Emergency Response and Rescue Vessels. The Vessels will feature Dynamic Positioning, Redundancy of propulsion and thruster systems, Cargo carrying capabilities and advanced Rescue and Recovery equipment. Des
Atlantic Offshore Wins Contract from Norske Shell
Norske Shell, a rapidly growing energy company, has awarded Atlantic Offshore a 3 months firm contract with option to the end of August. Commencement in direct continuation of the existing Statoil contract. The contract is for the Ocean Pride multi purpose offshore vessel. Atlantic Offshore AS curre