Operations & Maintenance
SeaBird in Profit, Might Look into Further Fleet Resizing
Oslo-listed SeaBird has swung to a profit compared with a negative result in the second quarter 2015, on increased revenue and fleet utilization. The seismic data provider for oil and gas companies posted profit of around $100K or $0.03 per diluted share for the second quarter of 2016, compared to n
BSEE Develops New Oil Spill Response Planning Calculators
The Bureau of Safety and Environmental Enforcement (BSEE), in collaboration with Genwest, launched a set of response system planning calculators for mechanical recovery (ERSP), in situ burning (EBSP), and surface-applied dispersants (EDSP). The use of these tools is currently not required for the su
Clinton in Seabed Mapping Project for INFOMAR
Sweden-based Clinton Marine Survey has secured a contract with the INtegrated Mapping FOr the Sustainable Development of Ireland’s MArine Resource (INFOMAR). The INFOMAR programme is a joint venture between the Geological Survey of Ireland and the Marine Institute. The programme is a successor to th
VIDEO: Sandbank Inter-Array Cables Setup
In the summer of 2016, VBMS completed their scope of work for Vattenfall’s Sandbank offshore wind farm. A total of 76 inter-array cables were installed and post-lay buried in approximately two and a half months. VBMS deployed its multipurpose vessels Stemat Spirit, Ndurance and Ndeavor in order to s
Maersk Supply Service to Sell 20 Vessels and Axe 400 Jobs
Maersk Supply Service is divesting up to 20 vessels and reducing its crew pool by 400 offshore positions over the coming 18 months. The divestment plan is a response to vessels in lay-up, limited trading opportunities and the global over-supply of offshore supply vessels in the industry, the company
Helix Delivers First Riser-Based Coiled Tubing Intervention
Aberdeen-based UK subsidiary of Helix Energy Solutions, Helix Well Ops UK has completed the industry’s first riser-based coiled tubing intervention project from a mobile offshore drilling unit (MODU) class light well intervention vessel (LWIV). The project was conducted from the company’s vessel Wel
Tullow Sees First Oil from TEN Fields
Tullow has seen first oil delivered from the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana, to the FPSO Prof. John Evans Atta Mills. According to the company, the TEN start-up process is now well advanced and Tullow expects oil production to ramp-up gradually towards the FPSO capacity of 80,
Sapura Rubi Starts Petrobras Job
SapuraKencana has delivered its sixth and final pipelaying vessel, Sapura Rubi on schedule to Petrobras, and the vessel started work in Brazil on August 14, 2016. SapuraKencana’s offshore operations in Brazil for Petrobras are being executed there by its Brazilian joint venture company Sapura Navega
Boskalis Takes Profit Hit
Royal Boskalis Westminster N.V. (Boskalis) has seen a profit drop of 52 percent in the first half of 2016 as the weak market affected company’s revenue by close to €400 million. For the first six months ended June 30, 2016, the Dutch dredging and marine specialist generated net income of €148 millio
Nord Stream Resumes Gas Dispatch After Maintenance
Nord Stream has conducted an annual maintenance work on its twin gas pipeline system August 9-17, 2016, with a temporary shutdown of both lines. Gas transmission from its Russian upstream-partner will resume by August 18, 2016, when the full capacity of the pipeline system will again be available. N
Lord Dunlop Visits Beatrice Construction Hub
Parliamentary Under Secretary of State for Scotland Lord Andrew Dunlop visited Nigg Energy Park this week to hear how Beatrice Offshore Windfarm Ltd (BOWL) will help boost the local and national economy to the tune of GBP 680 million, SSE reports. The UK minister was welcomed by representatives from
Sparrows and SPIE Partner Up
Sparrows Group and SPIE Oil & Gas Services have signed a global agreement to work in collaboration to support the energy sector. The deal should see the companies work together to initially deliver their collective service offering throughout Africa before they expand the scope of their collaboratio
EMGS Cuts Costs to Shrink Loss
Electromagnetic Geoservices (EMGS) has narrowed its loss in the second quarter, ended June 30, 2016, as the company chopped its operating expenses by some 30 percent. The Oslo-listed company posted net loss of USD 11.2 million, compared to net los of USD 26 million in the same period in 2015. EMGS a
GE Scores Indonesia Decom Work for Premier Oil
GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shut-down of four subsea wells in the Anoa Field, offshore Indonesia. The trees were among the first to be installed by GE in the Asia Pacific region in the