Lionbridge Selected to Create Offshore Development Center
Lionbridge Technologies, Inc. announced that AVEVA has selected Lionbridge for a comprehensive offshore development program. With the agreement, Lionbridge will manage a team of developers, located in the Lionbridge Chennai solution center, that will provide application support and development services for AVEVA’s Vantage Plant Design, Vantage Plant Engineering, Vantage Enterprise Net and Vantage Project Resource Management product groups. At current estimates, AVEVA customers plan to build forty-four offshore developments, thirteen refineries, twenty-seven LNG plants and eleven petrochemical plants over the next 10 years. In addition, around one third of all new ships are designed using AVEVA's technology.
Sember Appointed ABS VP For Offshore Development
William J. Sember has been appointed vice president offshore development for ABS. Currently, Sember serves as vice president technology & business development, ABS Europe. He will relocate to ABS Worldwide Headquarters in Houston, Texas and assume the new responsibilities effective January 1, 2002. During his 26-year career at ABS, Sember has held a succession of senior positions after starting as a field surveyor, including head of the offshore engineering department and vice president of operations for the eastern region of ABS Europe. Chapter, and the American Petroleum Institute (API) where he was chairman of the Subcommittee on Floating Systems. (IACS) Working Party on Drilling Units.
Kawasaki, Island Offshore Drop Shipbuilding Contract
Kawasaki Heavy Industries (KHI) has decided to terminate, by agreement with Island Navigator In KS, its shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. The yard state that is has been facing difficulties in its engineering process as well as with increases of material costs since the contract was signed. Combined with a common understanding that the environment surrounding the offshore development industry is, and will be, severe and unpredictable in the period of the Vessel’s remaining construction…
Swiber Holdings Report Profit Surge
Singapore-based offshore energy group Swiber Holdings issues its Q2 & HY 2012 financial report. Swiber Holdings provide offshore construction, offshore marine, subsea & offshore development services. 2Q 2012 highlights: Net Profit surges 66.0% to US$20.9 million Revenue rises 27.1% to US$229.6 million HY 2012 highlights: Net Profit rose 36.9% to US$33.5 million Revenue increases 28.0% to US$424.0 million Record order book of approximately US$1.6 billion, expected to contribute to Group’s results over the next two years Swiber considers that its strengthened capabilities places them in the big league, well placed for large contract wins.
OTC Names 2013 Achievement Award Winners
The awards will be presented on 5, May 2013, at the annual Offshore Technology Conference dinner in Houston, Texas. 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.
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. Ken Arnold is being recognized for his outstanding leadership and extensive contributions to the E&P industry. His many…
ABS Discusses Floating Production Systems
William J. Sember,ABS Vice President of Offshore Development recently told delegates at the Institute of Petroleum’s Annual Conference in London that the increased popularity of floating production systems for oil production has highlighted the absence of clear and internationally agreed-upon standards for the design, construction and operation of hull structure, process equipment and mooring systems. Source: ABS Offshore News
KHI, Island Offshore Terminate Newbuild Contract
Kawasaki Heavy Industries, Ltd. (KHI) announced today that the company has decided to terminate, by agreement with Island Navigator I KS, its shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. The yard state that is has been facing difficulties in its engineering process as well as with increases of material costs since the contract was signed. Combined with a common understanding that the environment surrounding the offshore development industry is…
RS at Offshore Marintec Russia
From October 7-10, 2014, Russian Maritime Register of Shipping (RS) will participate in Offshore Marintec Russia, the International Conference and Exhibition, a new project for the Russian market. The event is focused on offshore development and is dedicated to the specialists of oil and gas industry. During the exhibition RS will present “Member’s Area”, a new information service which enables the RS customers, depending on the category, to access various RS information resources and databases. RS experts will actively participate in the Conference. Within the Conference Session ’Development of Modern Offshore Fleet for the Exploration of the Arctic and the Shelf of Russia‘ Georgiy Bedrik…
Plan Advances for VA Offshore Drilling
According to a report from the Associated Press, the U.S. Interior Department moved closer on Nov. 12 to opening waters off Virginia to oil and gas drilling, although the offshore development plans could be scrapped by the next administration under President-elect Obama. Interior's Minerals Management Service gave notice that it is conducting a formal examination of the environmental impact of oil and natural gas drilling 50 miles out from Virginia's coastline. (Source: Associated Press)
ABS Approves Innovative Drillship Design
ABS is working with industry to improve efficiencies in offshore development. “ABS is working on multiple fronts to help the offshore industry find efficiencies and streamline operations,” says ABS Executive Vice President for Global Offshore Ken Richardson. “We are coordinating efforts for standardization and working one-on-one with companies that are changing the way offshore projects are executed,” he added. Recent work with Diamond Offshore Drilling, Inc. on the company’s Floating Factory drillship concept is an example of how ABS is working with drilling contractors…
Oil Companies to Establish Arctic R&D Center
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, which will provide a full range of services to support all stages of oil and gas development on the Arctic shelf, including ice monitoring and management, design of ice resistant offshore vessels, structures and Arctic pipelines, logistics and safety. Safety standards will be a priority for the center, which will have its own special marine incident warning and prevention department focused on preventing and immediately responding to emergencies.
Kazakhstan Forges Ahead with Offshore Projects
Kazakhstan wants to forge ahead with developing new oil and gas fields in its sector of the Caspian Sea and hopes to wrap up a string of deals with foreign partners next year, a senior official said on Wednesday. The deals, primarily based on PSAs, mark a second stage of offshore development to follow major initial projects such as the giant Kashagan field, being developed by Italy's ENI-led consortium. The new projects should help boost Kazakhstan's offshore oil output to 89.2 million tons by 2015, from just 3 million tons last year, an official from KazMunaiGas said. It is said that Kazakhstan's proven offshore reserves of oil at 30 billion barrels and of gas at 3 trillion cubic metres. The largest new block, Darkhan, has an estimated 1.5 billion tons in oil reserves.
ABS Announces Executive Appointments
The ABS Board of Directors announces executive appointments. Effective January 1, 2002 the following staff will assume new leadership positions: Robert J. Bauerle, Senior Vice President & Chief Financial Officer; Gary A. Latin, Senior Vice President & Chief Information Officer; Dr. Donald Liu, Executive Vice President & Chief Technology Officer; and Vincent F. ABS promoted James C. Card to Senior Vice President, Technology. Card will assume the overall management responsibilities of ABS' global technology and research team. The board also approved the election of William J. Sember to a new corporate officer position of Vice President, Offshore Development. Sember is currently serving as Vice President Technology & Business Development, ABS Europe. Texas.
Report: Deepwater Development Will Outpace Equipment Supply
The booming global deepwater oil industry is on course to outpace supply of offshore development hardware in the next two years, according to an analysts' report. "Deepwater construction capacity will be insufficient to handle anticipated demand requirements in 2002 and particularly 2003-04," said an oilfield and equipment services report by Schroder Salomon Smith Barney. "We believe a rush of field development plans will be sanctioned in 2001, followed by major contract awards to marine contractors," it added. With oil prices having tripled in 18 months, companies are loosening constraints on exploration and development spending imposed during a price slump in 1998 and early 1999. But a backlog of potential developments could grow as limits emerge to equipment supply.
Aker Kvaerner receives two technical awards at OTC.05
Aker Kvaerner has been awarded two out of the 14 Spotlight on New Technology awards at the Offshore Technology Conference (OTC). The Spotlight on New Technology, first introduced last year, is a program that serves as a stage to highlight the most innovative and significant offshore developments during the year. "These recipients demonstrate the increasing technical edge that is required to explore and produce in ever-increasing water depths, and more remote and hostile environments. Aker Kvaerner Engineering and Technology in Oslo, Norway, has received an award for the technology design of the patented Stepped Diameter Tendon. The tendon…
Total's Intelligent AUV by 2016
To improve the monitoring of subsea installations Total and Chevron have tasked a team of a dozen researchers for building an Autonomous Underwater Vehicle (AUV) by 2016.The intelligent submarine will be capable of inspecting wellheads and pipelines over tens of kilometers, in 3,000 meters of water. It would also be capable of detecting anomalies independently, providing real-time warnings and transmitting large amounts of data. “Today, remote operated vehicles (ROV) used for monitoring are tied back to workboats by cables and have to be guided…
HMC’s Aegir Arrives in the Netherlands
Heerema Marine Contractor’s new Deepwater Construction Vessel Aegir arrived in Rotterdam’s Caland Canal after a journey of almost two months from the DSME shipyard in Okpo, South Korea where it was built. The 210m long and 46.2m wide vessel will move to the Huisman yard in Schiedam in April where the pipelay equipment will be installed. Aegir is scheduled to start work on its first installation project (Anadarko Lucius) in the Gulf of Mexico in the fourth quarter of 2013. Hereafter Aegir will move to Australia where she will install infield flowlines…
Wärtsilä to Supply Direct Electric Heating for Chevron African Offshore Oilfield
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, and the BBLT platform is located in Angola. The pipeline lies in some 900 metres of water.
Stolt Offshore Announces $110 Million Contract
Stolt Offshore S.A. has secured a contract from Shell Petroleum Development Company (SPDC) in Nigeria for the ForcadosYokri offshore development in the Niger Delta. The $245 million contract has been awarded to a consortium of Stolt Offshore and the Nigerian company Suffolk which is part of the Adamac group. The Stolt Offshore share of the contract is $110 million. The Forcados Yokri project includes the expansion and refurbishment of existing shallow water oil and gas production and process facilities and the fabrication and the installation of a new production platform with a 250 tonne jacket and 1,300 tonne topsides. Stolt Offshore is responsible for all of the engineering…
Western GofM Oil/Gas Lease Bidding: NOIA Comments
National Ocean Industries Association President Randall Luthi encouraged by sales, urges further offshore developments. "This sale is on-par with expectations and shows that the offshore oil and natural gas industry is still committed to domestic exploration and production. The Federal government benefits from this sale through non-income tax revenue and the promise of future income through rents and potential royalties upon production. With enormous economic challenges facing the U.S., and the impending "fiscal-cliff" dominating the national conversation, it is gratifying to see the offshore industry stepping up to the plate and providing hundreds of millions of dollars to the U.S. treasury.
SBM Offshore Hands over FPSO Turritella to Shell
SBM Offshore said it has completed the transaction related to the sale of floating production storage and offloading (FPSO) vessel Turritella to Shell E and P Offshore Services B.V. Shell exercised an option to purchase the FPSO from SBM Offshore in summer 2017. The Turritella FPSO is contracted for the Stones deepwater development in the Gulf of Mexico, which began production in 2016. The vessel has a daily production capacity of approximately 60,000 barrels of oil and 15 million cubic feet of natural gas.
ABS to Class its First Japan-Flagged Vessel
Anchor Handling Tug Supply vessel will be built to ABS class for Offshore Japan Corporation by Japan Marine United Corporation. ABS has been selected by Offshore Japan Corporation (OJC) to class its newly-ordered Anchor Handling Tug Supply (AHTS) vessel, the first Japan-flag ship built to ABS class. The vessel, featuring bollard pull of 150 tons and Dynamic Positioning-2 certification, will be built by Japan Marine United Corporation (JMU) for delivery in February 2016. Construction…