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Offshore Development

OTC Names 2013 “Distinguished Achievement Award” Recipients

The Offshore Technology Conference (OTC) will present its 2013 Distinguished Achievement Awards on May 5 at the Annual OTC Dinner to Ken Arnold for individual achievement and to Total Exploration and Production for corporate achievement. In addition, the Heritage Award will be presented to E. Dendy Sloan, PhD and James Brill, PhD.                                   The Annual OTC Dinner will take place at Reliant Stadium in Houston, Texas. The dinner kicks off the world’s largest conference for offshore development May 6-9 at Reliant Park in Houston. OTC Distinguished Achievement Award for Individuals Ken Arnold is being recognized for his outstanding leadership and extensive contributions to the E&P industry. His many achievements include playing an integral role in the offshore industry’s focus on safety through the development of Recommended Practices for offshore design and safety management; and developing approaches to both equipment sizing and facility project management that are still in use today. He also has been instrumental in the effort to establish oilfield facilities engineering as a recognized technical engineering specialty. OTC Distinguished Achievement Award for Companies, Organizations, or Institutions


Oil Companies to Establish Arctic R&D Center

Rosneft and ExxonMobil jointly agree to develop tight oil reserves in Western Siberia & establish a joint 'Arctic Research Center for Offshore Developments' Rosneft and ExxonMobil agreed to expand and expedite joint efforts to develop oil reserves in tight low-permeability formations in Western Siberia using advanced technologies that ExxonMobil has successfully employed in North America. The other agreement signed will enable ExxonMobil to join the new Arctic Research Center


NEVA Opens in St. Petersburg

The Neva-2005 International Shipping, Shipbuilding, Ports and Offshore Energy Exhibition opened in St. Petersburg on Monday. It is held for the eighth time under the auspices of the Maritime Board under the Russian government and under the patronage of the city’s Maritime Assembly. The exhibition organisers have attracted over 500 companies from 40 countries to participate in the event. A number of countries, including Russia will display their national expositions and industry groups.


OTC 2011 Distinguished Achievement Awards

The Offshore Technology Conference (OTC) will present its 2011 Distinguished Achievement Awards on May 1 to Cortis (Cort) Cooper for his pioneering work in metocean research, and to BP Norway for the Life of Field seismic reservoir surveillance project. ExxonMobil Development Company will receive a special citation for its deepwater project implementation in Angola.   The awards will be presented at the Annual OTC Dinner


Offshore Wind Energy – Scotland Could Take Global Lead

Scotland's foremost energy economist to tell “All Energy” Aberdeen conference that plans for a controversial demonstrator wind farm in Aberdeen Bay could enable Scotland to take a global lead in the development of offshore wind energy. According to a 'Scotsman' news report, Donald Trump, who is threatening to pull the plug on his £750 million golf resort development in Aberdeenshire because of the plans for the “monstrous” 11-turbine offshore development


Wärtsilä to Supply Direct Electric Heating for Chevron African Offshore Oilfield

Wärtsilä Direct Electric Heating

Wärtsilä was contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited's Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9,000-kW system will be used to heat the 43-km subsea production pipeline between the Lianzi field and the Benguela Belize Lobito Tomboco (BBLT) platform. The Lianzi field lies approximately 100 km off the coast of the Republic of Congo


Kvaerner, COOEC Complete Demo Platform Module

Kvaerner and COOEC have jointly invested in engineering and fabricating of a demonstration module to document the partners' combined capabilities for delivering new offshore oil and gas platforms. After the start of the engineering and procurement in January 2011, the fabrication of the module was completed and presented to business partners at the COOEC fabrication yard in Qingdao in China on 25 August 2011. The two international oil and gas contractors


Strong Growth Forecast for Offshore Operations & Maintenance

Over $335 billion worth of expenditure is expected over the next five years on offshore operations and maintenance, according to a new report, The World Offshore Operations & Maintenance Market Forecast 2012-2016, by Douglas-Westwood. “In 2011, demand for offshore operations & maintenance services totalled $52.5 billion, having grown at a compound rate of 6.3 percent over the past five years,” said Jenny Harbour, author of the report


DNV GL Wins Statoil Contract for the North Sea

Mariner with reservoir. Credit Statoil ASA

DNV GL U.K. has secured the third party ICP (Independent Competent Person) multimillion GBP contract, related to compliance with U.K. Offshore Regulations for the Statoil Mariner project. The award is the culmination of two years’ of project FEED support, assisting Statoil in developing Performance Standards and the Written Scheme of Examination (WSE) under the U.K. Offshore Safety Case Regulations for the Production Drilling Quarters (PDQ), Subsea, Umbilical’s


NOIA Applauds Passage of House Interior Appropriations Bill

NOIA - Randall Luthi President of the National Ocean Industries Association

NOIA President Randall Luthi released the following statement after the House of Representatives passed the 2017 Interior and Environment Appropriations bill: “NOIA applauds members of the House of Representatives for passing the first Interior and Environment Appropriations bill since 2009. Not only does the passage of the bill bring back regular order, the Fiscal Year 2017 Interior and Environment Appropriations bill includes smart policy provisions to limit the harmful impact of


Clarksons Platou's Inaugural Seminar at DMCA’s Dubai Maritime Week

The Dubai Maritime City Authority (DMCA) is set to facilitate a first-of-its-kind seminar dedicated to Middle East shipping and offshore activities. The event will be conducted by Clarksons Platou, a global leader in maritime brokerage and investment banking


NOIA Congratulates Trump, Urges Path Forward on Offshore Development

U.S. President-elect Donald Trump Photo VoA

 NOIA President Randall Luthi today released the following statement on the election of Donald Trump as the next U.S. President:   “On behalf of the National Ocean Industries Association (NOIA), I congratulate President-elect Trump on his victory at the polls


COSCO Shipping, DEME Signs Umbrella Agreement

Photo: DEME

 The Belgian dredging, environmental and marine engineering group DEME and COSCO Shipping - the largest shipping company in the world - will work closely on the development of offshore wind energy in China.    The umbrella agreement was signed today in the presence of Belgian


Op/Ed: Obama’s Parting Salvo at US Energy Security

Randall Luthi (Photo: NOIA)

Randall Luthi, President of the National Ocean Industries Association (NOIA), does not pull any punches as he weighs in on the Obama administration’s release of the Final 2017-2022 Outer Continental Shelf (OCS) Oil and Gas Leasing Program.  


Bureau Veritas Approves FPSO Composite Repair System

Photo: Bureau Veritas

Classification society Bureau Veritas has approved in principle the repair of offshore structures using the bonded composite product Coldshield, developed by Paris-based start-up Cold Pad. Coldshield is a composite structural reinforcement specifically developed for the harsh environments of


Partners Tap Standardization to Trim Newbuild Costs

Photo: DNV GL

Unfamiliar specifications and processes often result in rework, delays and misunderstandings, and are adding thousands of engineering hours to the design and construction of offshore oil and gas installations. Cost savings are delivered by addressing variations in owner, operator


Denmark, US to Partner on Offshore Wind

Photo: Denmark.dk

Denmark and the United States have signed a memorandum to strengthen cooperation on offshore wind energy projects, the U.S. Bureau of Ocean Energy Management (BOEM) announced.   On May 4, 2016 at the Embassy of Denmark in Washington, D.C


NYK to Buy Into Emas Chiyoda

From left:  Shogo Shibuya, President & CEO of Chiyoda Corporation, Lionel Lee, Group CEO & Managing Director of Ezra and Tadaaki Naito, president of NYK. Photo by NYK Line.

 Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has agreed to invest in EMAS Chiyoda, a subsea services joint venture between oilfield services firm Ezra Holdings Ltd and Chiyoda Corp.   NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation


India’s Potential in Offshore Wind Power

Image: DNV GL – Energy

 The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.    This study is a significant step forward in preparing a roadmap for


DNV GL, South Korean Yards Kicks off Standardization

Photo: DNV GL

 The first phase of a joint industry project (JIP) to promote a global standard for engineering and construction of offshore oil and gas installations has delivered four recommended practices (RPs).    The outcome of the JIP, led by DNV GL, will be reduced complexity


US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper


Sovcomflot Profits slip

Projects - The company services large-scale energy projects in Russia and abroad, including Sakhalin-1, Sakhalin-2, Prirazlomnoye, Varandey, Tangguh and Peregrino.

Reviewing the company’s financial and operating results for the first half year ended 30 June 2016, on 23 August 2016, the Executive Board of PAO Sovcomflot (“SCF Group”) noted that despite a tanker market downturn, the company was able to demonstrate strong performance and


Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Photo by Krasnye Barrikady Shipyard

 Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf, reports Press TV.  


Plan Introduced to Drive US Offshore Wind Energy

Photo: U.S. Dept. of Energy

A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States.   Announced by U.S. Secretary of Energy Ernest Moniz and U.S. Secretary of the Interior Sally Jewell, the plan


NYK Buys Stake in EMAS Chiyoda Subsea

(Photo: EMAS Chiyoda Subsea Limited)

NYK has acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda).   ECS is a global player in the engineering, procurement, construction






 
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