Aker Solutions has won an engineering achievement award at the OTC conference in Houston for its El-drive subsea electric actuators. The newly developed electric actuators are designed to operate valves in subsea production and processing systems. The Woelfel Best Mechanical Engineering Achievement
Hornbeck Offshore Services, a U.S.-based provider of offshore service vessels, has picked GE’s drive technology for its Jones Act-qualified MPSVs, constructed by Eastern Shipbuilding. Two U.S. flagged vessels will be equipped with GE’s MKII MV3000 active front end (AFE) drive. In addition to the dri
DNV GL, a certification body and classification society, has issued a new Recommended Practice (RP) on risk-based abandonment of offshore wells which could, according to the organization, potentially reduce P&A costs by 30–50%. DNV GL issued a technical paper and presentation on the RP at the Offsho
The first six cantilever rail-mounted gantry (CRMG) cranes arrived in the River Mersey on Sunday, 1 May, ready for installing and commissioning at the Liverpool2 deep-water container terminal. Produced by leading Chinese manufacturer ZPMC, which also supplied the five ship-to-shore cranes already on
The Petroleum Safety Authority Norway (PSA) has granted Repsol a consent for the removal of Petrojarl Varg and subsea structures on the Varg field. Varg is an oil field in the North Sea, around 220 kilometres south-west of Utsira in Rogaland county. The field was developed using the Varg A wellhead
Oilfield services major Halliburton has seen red in the first quarter ended March 31, 2016 as the depressive market led to high impairments and revenue decline of approximately $2.86 billion compared to same time last year. Due to negative market impact Halliburton recorded company-wide charges rela
French seismic contractor, CGG, recognised widened quarterly net loss as the market slowdown made a major dent in the company’s revenues. In the first quarter 2016, CGG generated revenues of $313 million, down 45 per cent compared to Q1 2015 ($570 million) and down close to 47 per cent quarter-over-
Singapore’s offshore rig builder Keppel Offshore & Marine has completed the acquisition of Cameron International Corporation’s offshore product division, which comprises the LeTourneau jack-up rig designs, rig kit business, as well as its aftersales and aftermarket services. The acquired company wil
UK oilfield services company Expro has completed a plug and abandonment (P&A) project in the Gulf of Mexico (GoM) for Apache. The company said the Apache work comprised the pre-abandonment and plugging of wells in the ultra deepwater Atwater Valley and Mississippi Canyon areas. Starting in March 201
Proserv has been awarded a multi-million dollar contract from Apache Corporation for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells located south of the Beryl Alpha platform. The la
FMC Technologies won a Spotlight on New Technology award for its InLine ElectroCoalescer, and was recognized at the 2016 Offshore Technology Conference (OTC) in Houston on Monday, May 2. This award recognizes and honors innovative technologies in the oil and gas industry that impact offshore explora
UK energy services company Proserv has scored a contract with Apache Corporation for work on the UK Continental Shelf. The company said it would supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells located south of the Beryl Alpha pla
Saipem said it recently established new milestones with the installation of two gas export free standing hybrid risers (FSHR), 20-inch and 19-inch respectively, located in the pre-salt area of Santos Basin. The operation took place at approximately 300 kilometres from the Brazilian shoreline. Report
TE SubCom, a TE Connectivity company, and Georgian telecommunications provider Caucasus Online have signed a contract to upgrade the Caucasus undersea cable system. The upgrade to the 1,200 km regional system is set to be completed in May 2016. Caucasus cable system provides connectivity between Pot
