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Satellite Wells News

25 Sep 2018

Kongsberg to Equip New Heavy Lift Crane Vessel

Photo: Kongsberg

Kongsberg Maritime has secured a contract worth approximately $13 million to equip a new heavy lift crane vessel for Offshore Heavy Transport (OHT) with an innovative technology suite. The vessel, a customized Ulstein Design & Solutions BV design, marks the entry of the Norway-based Offshore Heavy Transport (OHT) into the offshore renewables and installation market. Options exist for a further three vessels, but the first is currently under construction by China Merchants Heavy Industry (CMHI) and is scheduled to enter service in 2021.The 216.3m…

22 Nov 2016

As Operators Look for the Bottom, Gulf Gloom Persists

Credit: Yesenia Rodriguez

Gulf of Mexico vessel operators want to see sustained, higher oil prices. After a rough two years, supply boat owners and operators in the Gulf of Mexico hope crude oil prices will improve in 2017. That would encourage activity among the offshore drillers that they service and would put unemployed boats back in the water. Vessel owners aren’t necessarily banking on a good year ahead, however. “Utilization of OSVs and PSVs in the Gulf is below 50 percent now, down from about 70 percent a year ago and 90 percent two years ago…

18 Aug 2008

Subsea 7 Gets $100m Contract with StatoilHydro

Subsea 7 Inc has been awarded a $100m contract from StatoilHydro for engineering, procurement, construction and installation of the Troll B Gas Injection project in the Norwegian sector of the . The Troll B Gas Injection project will be developed with two separate subsea satellite wells, located respectively 3.5 km and 6.5 km south of the Troll B platform. The wells will be connected to the Troll B platform by a single gas injection pipeline and a control umbilical. Subsea 7’s scope is to engineer, procure, fabricate and install a 6.5 km long 12” rigid pipeline, incorporating in-line and end structures for the connection to the satellite wells, in addition to the control umbilicals.