LR Awarded O&G Consulting Contract

MarineLink.com
Tuesday, March 04, 2014

The deal will support Aker Solution’s commitment to meet safe and sustainable offshore operations in the most important new development in the North Sea.

It is a significant win for Lloyd’s Register Consulting as Aker Solutions is one of the world’s largest providers of products, systems and services to the oil and gas industry. In combination with risk analysis expertise from Lloyd’s Register Consulting, Aker Solutions is bringing together the best engineering and technologies for oil and gas drilling, field development and production in the North Sea for the front-end engineering design (FEED) phase.

“The geographical scope of the Johan Sverdrup field is estimated to hold between 1.8 billion and 2.9 billion barrels of oil, so understanding and assessing the total risks for this huge field development is critical,” said Bjørn Inge Bakken, SVP of Lloyd’s Register Consulting. “We are proud to have been chosen by Aker Solutions to assist in the development of this precedent-setting operation in the North Sea involving four bridged platforms.”

Lloyd’s Register Consulting’s responsibility for this phase one project is to complete quantitative risk assessments including detailed consequence calculations. This is done using state-of-the art analysis tools including its RiskSpectrum software, one of the most advanced risk and reliability analysis applications in the world.

With several fixed assets, components and subcomponents in the development of a typical platform, risk analysis and management of safety is an important process which requires risk-based experts to plan, justify and support the development of a safer and better performing operation.

“The integrity of installations offshore and onshore will increasingly become a central link in the global energy supply chain. Lloyd’s Register Consulting is one of a very few organizations with the diversity of technical expertise to fully support clients in this area, and we believe this agreement recognizes that,” highlighted Bakken.

The Johan Sverdrup field is one of the largest oil discoveries on the Norwegian continental shelf. With a forecasted production of 50 years, the oil field is the most important new development on the Norwegian continental shelf, and this is the first FEED contract awarded for the first phase of the development.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Almira, Ex. Dir. Palm Beach Port Honored by FCBF

Port of Palm Beach Executive Director Manuel Almira was inducted into the Florida Custom Brokers & Forwarders Association Hall of Fame. Mr. Almira was recognized

"K" Line Review of Medium-Term Management Plan

Kawasaki Kisen Kaisha, Ltd. (“K” Line) reviewed “K” Line Group’s medium-term management Plan, which was formulated in March 2015 as the business strategy toward our 100th anniversary in 2019,

Matson Announces Q2 Dividend of $0.18/Share

The Board of Directors of Matson, Inc. today declared a second quarter dividend of $0.18 per common share. The dividend will be paid on June 2, 2016 to all shareholders

Technology

Almira, Ex. Dir. Palm Beach Port Honored by FCBF

Port of Palm Beach Executive Director Manuel Almira was inducted into the Florida Custom Brokers & Forwarders Association Hall of Fame. Mr. Almira was recognized

Voice-data Communications and HDTV in One System

PDQ’s OneSource System provides long range cell, wi-fi and high definition TV in one system for mobile users.   San Diego wireless company PDQ Connect has developed

Cavotec, ABB Partner on Shore-to-ship Power

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug

Contracts

WILCO Logistics Bags Townsville Port Safety Works

WILCO Logistics Pty Ltd has been announced as the successful bid contractor on Breakwater safety works at the Port of Townsville.   Minister for Ports Mark Bailey said the overall $1.

Samsung Heavy Loses $4.6-bln FLNG Order

South Korea’s shipbuilder Samsung Heavy Industries (SHI), the world’s third-largest shipbuilder,  has received a contract termination for three floating liquefied

POSCO Production at Indiana Ports to start in 2017

Officials from POSCO, the Ports of Indiana and community leaders gathered to break ground today on POSCO's new wire rod processing center at the Port of Indiana-Jeffersonville.

Energy

ICS Criticises 'Prestige’ Judgement by Spanish Court

At a meeting of the International Oil Pollution Compensation Funds (IOPCF) this week, the International Chamber of Shipping (ICS) has strongly criticised the judgement

Singapore Revokes Two Bunker Licenses

Singapore's Maritime and Port Authority (MPA) have revoked two bunker suppliers' license to operate in the world's top bunker port.    The two companies have,

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Maritime Safety

ICS Criticises 'Prestige’ Judgement by Spanish Court

At a meeting of the International Oil Pollution Compensation Funds (IOPCF) this week, the International Chamber of Shipping (ICS) has strongly criticised the judgement

Almira, Ex. Dir. Palm Beach Port Honored by FCBF

Port of Palm Beach Executive Director Manuel Almira was inducted into the Florida Custom Brokers & Forwarders Association Hall of Fame. Mr. Almira was recognized

WILCO Logistics Bags Townsville Port Safety Works

WILCO Logistics Pty Ltd has been announced as the successful bid contractor on Breakwater safety works at the Port of Townsville.   Minister for Ports Mark Bailey said the overall $1.

Software Solutions

UltraShip Benefits from Eye-share, Logimatic Partnership

Ship management company UltraShip is the first user of the paperless invoice processing system, SmartSCAN, in Sertica.   Eye-share has partnered with Denmark based Logimatic.

Orion Marine Concepts Launches Q-Strata Software

Aiming to provide niche control over managed/owned vessels, Indian maritime based software provider Orion Marine Concepts has released a strategic intelligence software suite approved by DNV GL.

Cobham, Inmarsat Enable Smart Shipping for Nanjing Tankers

Inmarsat (LSE:ISAT.L), and Cobham SATCOM today announced that their partner Beijing Marine Communication & Navigation Company Ltd. (MCN) has won the largest Inmarsat

Consulting

ICS Criticises 'Prestige’ Judgement by Spanish Court

At a meeting of the International Oil Pollution Compensation Funds (IOPCF) this week, the International Chamber of Shipping (ICS) has strongly criticised the judgement

V.Ships Wins Fortress Deal

V.Ships Offshore, part of V.Group has been awarded a ship management contract by Fortress Transportation and Infrastructure Investors LLC to provide full technical

Maersk Cuts Landing Certificate Issuance Time

* Maersk Line will introduce a simplified process for obtaining the Landing Certificates from May 1st , 2016   * Maersk line waives off the  Landing Certificate fee of INR 1000 Mumbai,

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | 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: 0.1271 sec (8 req/sec)