Marine link
 

Deepwater Oil

Rolls Royce to Design, Power, Hi-tech Subsea Vessel

Rolls-Royce to design and power high tech subsea construction vessel for Island Offshore The versatile UT 737 CD vessel will support the most demanding subsea projects, including constructing and servicing oil and gas wells on the sea bed, up to 3,000 metres below sea level. In order to support such challenging missions the vessel will include special features, including two independent systems for launching and recovering Remotely Operated Vehicles (ROV), a 125 tonne offshore crane that compensates for wave movements and an advanced offshore tower which handles subsea equipment through a large opening in the hull of the vessel, called a moon pool. Anders Almestad, Rolls-Royce, President - Offshore said: “This high tech vessel will showcase a combination of innovative technology and world-class, energy efficient design. It demonstrates our position as the market leader in high specification offshore vessels and our ability to meet the challenges of the demanding deepwater oil and gas industry.” The design and fit out of the vessel enables it to perform almost any duty in a deepwater oil field. In addition to supporting subsea operations it can transport cargo to and from offshore oil and gas platforms and act as a rescue and oil spill response vessel. The vessel will also include a diesel electric propulsion system incorporating four Bergen engines


Wärtsilä Selected Best Supplier by CNOOC

Wärtsilä received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation. After internal evaluation by project management teams, 28 Chinese and international vendors participating in nine of CNOOC's major projects were honored. Wärtsilä is involved in four of these projects. This was the first time that CNOOC had arranged such an event to recognize its best suppliers, and the awards were presented at a ceremony held in Beijing


Gulf of Mexico Deepwater Oil and Gas Production Rises Dramatically

The Minerals Management Service (MMS) announced production of offshore oil and gas in the deepwater (greater than 1,000 ft deep) portion of the Gulf of Mexico (GOM) reached an all-time high in 1998 and continues to escalate rapidly. Production of oil from the deep water has risen 279 percent in the last five years, and deep water gas production rose 252 percent. According to MMS Director Walt Rosenbusch, "The 1998 increase is significant and of national importance


McDermott Breaks Ground on Deepwater Platform Yard

Rigzone has reported that J Ray McDermott has begun construction on the $20m first phase of a $220m construction yard in Mexico's Tamaulipas state to build deepwater oil platforms. McDermott is building the yard on land at Altamira port. Mexico's government awarded the company the yard space in a 30-year concession. The company plans to bid on platform contracts Mexico's state oil company Pemex will launch. Further, McDermott will seek to supply projects that oil firms such as BP


OMSA on Drilling Moratorium Poll

The Offshore Marine Service Association (OMSA) issued the following statement about the Bloomberg National Poll on Americans Opposing the Ban on Deepwater Oil Drilling After the Oil Spill: The results of the national poll of Americans who were asked about their view on the Obama Administration’s moratorium on deep-water drilling are very telling, with nearly three-fourths, or 73 percent, saying “a ban is unnecessary, calling the worst oil spill in U.S


ABS to Class Ensco Deepwater Drillships

Ensco plc has selected ABS as the class society for its advanced-capability, ultra deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd (SHI) Shipyard in Geoje, South Korea.  The ENSCO DS-8 will be the sixth Samsung DP3 drillship in the fleet and will extend the benefits of Ensco’s fleet standardization strategy. With drilling capabilities in water depths to 12,000 feet and a total vertical drilling depth of 40,000 feet


New Joint Venture Targets Deepwater Markets

J. Ray McDermott, S.A. and Keppel FELS Limited. are in the process of forming a new joint venture company, to be named FloaTEC, LLC, to provide deepwater and ultra deepwater oil and gas development solutions. To add to the Joint Venture’s offerings, J Ray and Keppel FELS plan to draw upon the purchased patent rights previously owned by ABB for the Extended Tension Leg Platform (ETLP) and Single Column Floater (SCF) designs


Commitment for Deepwater Frontier

R&B Falcon Drilling has received a letter of intent from for Petroleo Brasiliero S.A. (Petrobas) for a two-year contract for DP drillship Deepwater Frontier, for operations offshore Brazil in up to approximately 8,900 ft. of water. Deepwater Frontier, capable of drilling in up to 10,000 ft. of water, is owned 60 percent by R&B Falcon Corp. and 40 percent by Conoco. The vessel will sail to Brazil upon completion of its current one-well commitment in West Africa


Rolls-Royce Opens European Marine Technology & Training Centre

HRH Crown Prince Haakon of Norway: Photo credit Rolls-Royce

Rolls-Royce officially opens its new European Marine Technology and Training Centre in Ålesund, Norway. The celebration, whose guest of honour was HRH Crown Prince Haakon of Norway, marked the formal opening of this 3,000m² ultra-modern facility, in the heart of Norway's maritime cluster. The centre features the latest Rolls-Royce marine technology and equipment to support customer training and simulation requirements and is particularly focused on offshore deepwater oil and


Deepwater Spar Hull Delivery Takes Ship to Capacity Limit

Mighty Servant 1: Photo credit Boskalis

The Boskalis subsidiary, Dockwise vessel 'Mighty Servant 1' has offloaded the 23,000 ton spar for the Lucius deepwater oil and natural gas project in the Gulf of Mexico. The Lucius truss spar, measuring 184 meters (605 feet) long and 34 meters (110 feet) in diameter, was loaded onto the Mighty Servant 1 by means of skid on operation at Pori, Finland. The spar was transported 7,700 nautical miles and discharged at Ingleside, Texas and delivered back to Technip.


Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

FPSO per iStock WEB.jpg

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater market forecast prepared by IMA since 1996 -- provides our forecast of orders for floating production systems between 2016


MHI Subsidiary in Brazil for FPSO Compressors

Piracicaba Factory of NGM where MCO-B office will locate. Courtesy Mitsubishi Heavy Industries Compressor Corporation

   In December Mitsubishi Heavy Industries Compressor Corporation (MCO), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Hiroshima, will establish a new company in Brazil in a joint venture with Mitsubishi Corporation (MC), to be known as MHI Compressor do Brasil Ltda


China: Rig Not Drilling in Disputed Waters

In mid-2014, rig caused worst breakdown in ties in decades. China's Foreign Ministry said on Wednesday that a $1-billion deepwater oil rig was not drilling in disputed territory in the South China Sea, in response to a warning from Vietnam against such activity.


China Pull Online Rig Location after Vietnam Complaint

Chinese maritime officials on Friday removed an online notice giving the location of a $1-billion deepwater oil rig in the South China Sea two days after issuing it, following a warning from Vietnam about drilling in disputed waters. Vietnam closely tracks the movement of the oil rig


Ceona, Seaweld Form Ghana Partnership

Photo courtesy of Ceona

Ceona, SURF contractor with heavy subsea construction capabilities, has entered into a Joint Venture (JV) with Seaweld Engineering which will act as a strategic partner for offshore deepwater construction projects in Ghana. The JV allows Ceona to extend its operations in West Africa and build


Aker Solutions 1Q 2015 Revenue Up

Courtesy of Aker Solutions

Aker Solutions announced their Financial Results for the first quarter of the current calendar year. Financial Highlights  * Sales NOK 8.5 billion in 1Q 2015 vs NOK 7.5 billion in 1Q 2014  * Earnings before interest, taxes, depreciation and amortization (EBITDA) NOK 591 million vs


China Oil Rig Returns Off Vietnamese Coast

Image: Google Map

 China has again deployed the Haiyang Shiyou 981, a semi-submersible oil platform which caused a standoff between Chinese and Vietnamese vessels last year, to the disputed South China Sea region, reports local media.   China has brought the deepwater oil rig  near Vietnam’s


Conoco Cutting Deepwater Spending

Photo: ConocoPhillips

ConocoPhillips said on Thursday it will reduce future spending on deepwater drilling due to low crude oil prices while raising its dividend one cent.   The largest spending reductions will come in the Gulf of Mexico, where the Houston-based company said it will terminate a three-year


Custom Cranes Installed Aboard Nigerian OSV

M350EL hydraulic elbow knuckle-boom marine crane on the Awaritse Nigeria Ltd vessel Prince Job I (Photo: Sormec)

Italian manufacturer Sormec supplies specialist cranes to Nigerian OSV   Global offshore crane manufacturer Sormec has supplied matching cranes for a Dutch-built vessel operating in one of Nigeria's largest deepwater oil fields.  


NOIA Applauds RI Offshore Wind Project

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) president Randall Luthi issued a statement congratulating “steel in the water” for Deep Water Wind’s Block Island Wind Farm, stating an all-of-the-above strategy combining offshore wind with offshore oil and gas off the U.S


Shell Starts Bonga Phase 3 in Nigeria

Photo: Shell

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) announced the start-up of production from the Bonga Phase 3 project.   Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent, Shell said


Alabama Announces $20 Million Transocean Settlement

Governor Robert Bentley on Thursday announced that Alabama has agreed to a settlement with Transocean Offshore Deepwater Drilling, Inc., which owned the Deepwater Horizon. Alabama will receive $20 million. “The State of Alabama suffered tremendous environmental and economic losses because


Deepwater Downturn: Bump in the Road or Long-term Slowdown?

(Image: iStock)

IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual floater market forecast prepared by IMA since 1996 – provides our forecast of orders for floating production systems between 2016


Update: Statoil Follows Shell out of Alaska

Norwegian oil major Statoil said on Tuesday it will pull out of Alaska's Chukchi Sea, just weeks after Royal Dutch Shell abandoned the treacherous waters there after spending billions on oil exploration work.   The latest pullback comes as oil companies slash spending on expensive offshore


Deepwater Downturn: Bump in the Road or Long-term Slowdown?

(Image: iStock)

IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual floater market forecast prepared by IMA since 1996 – provides our forecast of orders for floating production systems between 2016






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright