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Oil Field Developments News

22 Sep 2021

King’s Quay Floating Production Unit Reaches Texas

Credit: Cosco Shipping

China's Cosco Shipping has earlier this month delivered the King’s Quay floating production unit to Ingleside, Texas, aboard its M/V Xiang An Kou semi-submersible heavy transportation vessel, after a long journey from South Korea.The 21,498mt platform, built by Hyundai Heavy Industries, will be used for Murphy Oil's offshore oil field developments around 175 miles south of New Orleans in the U.S. Gulf of Mexico.The King’s Quay floating production unit is scheduled to go into service in 2022.

21 Sep 2018

Mariner Training in Brazil: Inside the Institute of Nautical Sciences

For a long time there has been a deficit of trained maritime officers in Brazil, as for decades the only accredited training institutes were run by the Brazilian Navy, where a very limited number of prospective maritime deck and engine officers could be trained at its two training institutes in the country. That's all changing now with the Institute of Nautical Sciences (ICN) leading the way.With the discovery of the pre-salt in 2007 and the continued growth of the maritime and offshore sectors, the lack of qualified Brazilian officers became acute. For many years, and even today, most offshore captains and officers are foreigners, while there is a more significant number of local captains and officers in the merchant fleet.

12 Nov 2013

Offshore Projects Shore Up Demand for MPVs

Regional maritime industry to converge on Sharjah to discuss new opportunities generated by offshore projects. The regional maritime industry is facing a demand surge for multi-purpose vessels on the back of dramatic growth being witnessed by the offshore sector. According to statistics revealed recently, 2013 is set to see massive expansion for the region’s oil and gas industry, with regional players going on a spending spree on offshore projects. Abu Dhabi Marine Operating Company…

19 Aug 2005

J. Ray McDermott Wins Saudi Aramco Project

McDermott International, Inc. announced that subsidiaries of J. Ray McDermott, S.A. have been awarded work by Saudi Aramco to provide fabrication and installation services for the Marjan, Zuluf, Safaniya oil field developments. "This is a significant contract award for us and we are pleased to have the opportunity to further expand our strong working relationship with Aramco, which dates back to the 1960's," said Bob Deason, President and Chief Operating Officer of J. Ray. "J. J. Ray, utilizing its Jebel Ali fabrication facility, will commence construction engineering, partial procurement and fabrication of five wellhead jackets totaling over 6,710 short tons, five drill decks totaling over 2,200 short tons, and three scrappers averaging 630 short tons each.