GSI Completes Two Major Oil and Gas Contracts

MarineLink.com
Friday, May 17, 2013
Photo: Gulfstream Services Inc.

Gulfstream Services Inc. (GSI), provider of equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with oil and gas service companies, Helix Well Ops U.K. and Dof Subsea.

The Helix contract was part of the BP North West Hutton decommissioning project where GSI tools were used to remove 10- and 20-inch pipelines from the seabed. GSI’s Hydraulic Shear was an effective engineering solution in the situation due to the quick boat to boat times.

GSI equipment was used by Dof Subsea for the cutting and recovering of items on a North Sea platform including a six-inch pipeline, concrete mattresses, clump weights and various small steel structures. After the assignment it was reported that the performance of GSI equipment and personnel were above expectations and caused no downtime.

Both projects were carried out in the North Sea over a three and two week period respectively.

Caroline Grant, operations manager GSI, said, “Since we established the GSI hydraulic shear division in 2006 we have performed over 8,000 cuts in worldwide locations using our specialized decommissioning equipment.”

GSI was established in the U.S. in 1978 and now has four bases across the states. Gulfstream Services U.K. was set up in January 2010 in Aberdeen to serve the international oil and gas industry and growing demand from customers in U.K., Norway, Middle East, Asia and Africa.

Approximately 6,300 subsurface cuts have been carried out and 2,000 land based cuts. The deepest cut completed by the firm was 3,019 feet for major oil and gas projects in the Gulf of Mexico.

Currently the GSI global hydraulic tooling fleet consists of 26 workable shears and grapples, which are used for numerous applications within the oil and gas industry including platform and pipeline removal, slot recovery, chain cutting, wire rope cutting, salvage work and well blow out intervention.

GSI recently increased its staff numbers in response to business growth; the company currently has 12 members of staff and plans to expand this by a further three in the coming months.

www.gulfstreamservices.com

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Mitsubishi to Build Diesel Oil Import Terminal in Australia

Japanese trading house Mitsubishi Corp said it is entering Australia's diesel market by building a $103 million gas oil import terminal to tap growing demand and

Volvo Penta Offer D4, D6 Series Engine Keel Cooling Option

Volvo Penta of the Americas has announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market.

Boscalis to Get IJsseldelta 'Room for the River' Contract

Royal Boskalis Westminster N.V. (Boskalis) say that the Dutch Department of Public Works and the province of Overijssel intends to award the contract for the IJsseldelta polder to them.

Contracts

Boscalis to Get IJsseldelta 'Room for the River' Contract

Royal Boskalis Westminster N.V. (Boskalis) say that the Dutch Department of Public Works and the province of Overijssel intends to award the contract for the IJsseldelta polder to them.

Shipbuilders Vard Report Financial Fair Sailing

Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”),

Panama Canal: New Lock Gates Transferred to Atlantic Side

ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

Marine Equipment

Singapore Approves Danelec New-Generation VDR

The Maritime and Port Authority of Singapore has issued a certificate of approval for the Danelec DM100 VDR for installation on ships under the Singapore registry.

New Keel Cooling Option for Diesel Engines

Volvo Penta of the Americas today announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market.

Yara Names Brandtzæg New CEO

The board of directors of Yara International today announced the appointment of Svein Richard Brandtzæg as the company's new President and Chief Executive Officer.

Offshore Energy

NJ Congressmen Supports Offshore Wind Proposal

Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344,

Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola

Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA,

ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs

ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2109 sec (5 req/sec)