ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, today announced that on May 15, 2012, its Ocean Rig Corcovado drillship completed the general testing of equipment as required by Brazil’s oil giant Petrobras. The drillship has now commenced revenue-generating drilling o
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the
Aker Solutions is acquiring the mechanical workshop company Lyngdal Mek. Verksted (LMV), thereby increasing its capacity to assemble, test and overhaul drilling equipment especially for the North Sea market. This is the second recent acquisition by Aker Solutions’ drilling technologies business in i
Dutch Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract from Seadrill to transport the drilling rig Offshore Vigilant from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely dischar
The Norwegian subsea company Ocean Installer has awarded Oceaneering with a frame contract for the delivery of Remotely Operated Vehicle (ROV) services. The frame contract is of five years fixed duration with options, and covers the supply of ROV services and related personnel for Ocean Installer’s
In April, Finland’s Cargotec secured new contracts to deliver MacGregor anchor-handling, mooring and towing solutions for 15 offshore support vessels (OSV) of various types being built in China for Asian customers. The ships are being built in several shipyards in China for delivery throughout 2013
Italian oil company Eni announces a new giant natural gas discovery in Area 4, offshore Mozambique, at the Coral 1 exploration prospect. The results for this well, drilled in the southern part of Area 4, are “of particular significance”. The Coral discovery is estimated to contain between 7 and 10 t
After it yesterday began a dynamic kill operation Total has announced that the well intervention operation has stopped the G4 well leak on the Elgin complex, 240km from Aberdeen in the UK North Sea. The well intervention operation, which involved pumping heavy mud into the leaking well, began on May
Houston based Forum Energy Technologies, Inc. announced today the successful testing of its subsea Blowout Preventer Actuation Tool (BOP-AT) on a live well off the coast of West Africa at a water depth of over 1000 meters. The tool closes the blow out preventer remotely using only the power provided
Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rig’s owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for April 2012. The figures indicate an average daily production of about 2 030 000 barrels of oil, NGL and condensate. This is 11 000 barrels less than i
CAMAC Energy Inc. (NYSE Amex: CAK) today announced that it has signed Production Sharing Contracts (“PSCs”) with the government of The Republic of Kenya for previously awarded exploration Blocks L1B, located onshore in the Lamu Basin, and L16, located in the Lamu Basin transition zone. Block L16 is
French supermajor Total informed the Department of Energy and Climate Change that their dynamic kill operation to try to stop the gas release from the Elgin well began yesterday. DECC have been working closely with TOTAL and gave environmental consent to the company earlier in May to pump heavy mud
