Subsea
GE Launches Next-Generation BOP Program
GE Oil & Gas unveiled its next-generation blowout preventer (BOP) program that will make 20,000 pounds per square inch (20 ksi) subsea formations the next frontier in offshore oil and gas exploration. BOPs are critical pieces of subsea drilling equipment—in effect, 60-foot tall valves weighing sever
Nalcor Energy Hires EMGS for Flemish Pass Basin Survey
EMGS has signed a multi-client license agreement with Nalcor Energy, the Provincial Energy Corporation of Newfoundland and Labrador, for the acquisition of up to 13,500 km2 in a multi-season campaign. The CSEM survey is expected to begin in June of this year and will target the Flemish Pass Basin, w
DSM Focuses on FPSO Market with Launch of DSI in Singapore
Deep Sea Mooring (DSM), a leading supplier of mooring solutions and services for the offshore industry, is backing the launch of a new, specialist business dedicated to subsea installation solutions. Deep Sea Installation (DSI), which will initially focus on the FPSO segment, is opening in Singapore
TGS, EMGS Extend Joint Venture in Barents Sea
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the Companies’ previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over four additional blocks in the Hoop area of the Barents Sea to bring its total joint owne
BOA Thalassa to Acquire 3D EM Data in Barents Sea
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Intent from a new customer in Norway for 3D EM data acquisition in the Barents Sea. The contract is worth a minimum of USD 2.3 million. The survey is expected to commence in May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-
MarketsandMarkets Sees Subsea Pumps Market at $2.092 Mln by 2018
MarketsandMarkets has released the report “Subsea Pumps Market by Type, by Application & by Geography – Global Trends & Forecast to 2018“ The Subsea Pumps Market is valued at $996.1 million in 2013 and is forecasted to grow at a CAGR of 16% from 2013 to 2018 to reach $2,092.1 million by 2018. The Su
Costa Concordia Sponsons Installation Underway
Costa Crociere and Titan Micoperi started the sponson installation on the Costa Concordia wreck site after obtaining the Monitoring Observatory authorization. During the operations on May 06, S11 starboard sponson was installed, which leaves 12 starboard side sponsons to be installed and 4 on the po
VIDEO: DONG Energy’s Development of Hejre Field
The development of the Hejre field will be the largest oil and gas development in the Danish sector of the North Sea for many years, and will significantly boost Denmark’s status as being self-sufficient in oil and gas. The field is located in the central part of the North Sea near the Danish/Norweg
CAMAC Energy Pens Petroleum Agreement for ESW Tano Block Off Ghana
CAMAC Energy Inc. has signed a Petroleum Agreement with the Government of Ghana covering the Expanded Shallow Water Tano (ESWT) block located in the Tano Basin offshore Ghana, about 15-35 km off the coast of Ghana. The ESWT block size is 1,508 square kilometers (370,000 acres) in water depths rangin
Hydrex Performs Propeller Repairs in Spain and France
Hydrex diver/technicians have done propeller blade cropping on bulk carriers in Spain and France. In Algeciras the four propeller blades of a 170-meter vessel were cropped. A similar operation was carried out on a 229-meter ship during her stay in Dunkirk. Having developed different procedures for d
OTC 2014: Ulstein Advances on U.S. Market
Approximately 100 000 people attend the Offshore Technology Conference (OTC) in Houston this week. Included are 80 Norwegian companies. “USA is an increasingly important area of growth, and we see the importance of being present,” comments Ulstein’s CEO, Gunvor Ulstein. Several Ulstein designed vess
Aqua-Chem Introduces BlueGuard BOP Protector at OTC 2014
Aqua-Chem, Inc., a world leader in global water solutions, has announced that the company will reveal its newest product, the BlueGuard™ Blow Out Preventer (BOP) Protector, at the annual Offshore Technology Conference in Houston, Texas, from May 5-8, 2014. BlueGuard™ delivers highly purified technic
Hydrex: Underwater Stern Tube Seal Repair in Uruguay
Hydrex diver and technician team carried out underwater stern tube seal repairs on a 157-meter dredger in Montevideo,Uruguay. The ship was suffering from an oil leak, making an onsite repair necessary. Using a Hydrex flexible mobdock the team was able to carry out the entire operation on-site and un
ACE Winches Strengthens Its Position in Norway
ACE Winches, the global deck machinery specialist, has announced a series of strategic investments increasing the company’s reach and operating capacity worldwide as they exhibit at OTC Houston this week. Following the launch of ACE Winches Norge AS in 2010, a subsidiary company offering all ACE pro