FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of a workover system to support the Statfjord field. The award has a value of approximately $70 million in revenue to FMC Technologies. Statfjord is one of the oldest producing fields o
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for May 2011. Technical Uptime for May 2011 was as follows: FPSO Sevan Piranema 99 (%) FPSO Sevan Hummingbird 1
A year on from Deepwater Horizon (Macondo), Energy Director Iain Light talks about lessons learned in the May edition of Offshore Engineer. As highlighted by Senator Bob Graham, Macondo would not have happened if there had been “the capacity and will to demand world-class safety standards.” But what
Using 3 Dive Support Vessels, Oceaneering Subsea Projects Group safely installed and inspected a pipeline tie in and platform riser. This required nearly 30 pipe sections, 40 flanges, and 240 dives, and was completed with 0 incidents or injuries. Oceaneering is a global oilfield provider of engineer
Polarcus Limited recently announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days. Polarcus
Hyperdynamics Corporation today announced that AGR Peak Well Management Ltd. has signed contracts on behalf of the Company for long-lead-time equipment, materials and professional services totaling approximately $12 million. These purchases, which are included under several separate contracts, will
FoundOcean has been awarded the offshore grouting contract for a four-legged wellhead jacket in a greenfield location in the North Sea. The award forms part of a three year agreement between FoundOcean and Saipem UK. The jacket will be installed in 81m water depth and the grouting is via a sub-sea g
Mechanical engineering group, EnerMech Ltd, has secured a £20 million ($32.9 million) contract to supply tools and rental equipment to Wood Group PSN. The five year contract covers the UKCS and 12 jobs will be created by the Aberdeen company as a result of the contract win. The deal includes the sup
Subsea 7 has contracted BMT Scientific Marine Services (BMT) to provide riser monitoring systems for two Hybrid Riser Towers (HRT) and one Single Hybrid Riser (SHR) for the CLOV Development Project offshore Angola operated by Total E&P Angola. These systems will monitor the integrity of the risers b
Patrik Romberg has been appointed new Senior Vice President Corporate Communications at the Trelleborg Group effective October 1, 2011. He will succeed Viktoria Bergman, who will be leaving on September 30, 2011. Patrik Romberg, who has been with Trelleborg since 2006, is currently responsible for a
Fastwave Communications, a developer of remote asset data acquisition systems, has scooped two out of five awards at the inaugural Subsea Energy Australia Awards held on May 27, 2011. Fastwave’s OceanStar subsea sensor monitoring system won the Subsea Innovation Award and the Standard of Excellence
Spring Energy announces a farm-in transaction of a 20% working interest in PL 490 from Norwegian Energy Company ASA. The PL 490 license is located immediately to the West/North West of the producing Snøhvit Field in the Barents Sea, and a firm well on the combined Juksa / Snurrevad prospects is sche
Petrobras’ CFO and Investor Relations officer, Almir Guilherme Barbassa, took part in the “Oil, Gas & Petrochemicals” panel in an event organized for investors in Rio de Janeiro this Monday, May 30. During Rio Investors Day, Mr. Barbassa talked about issues of public interest, such as the approval o
Tap Oil Limited (“Tap”) provides the following update on the Finucane South-1A exploration well, offshore Carnarvon Basin, Western Australia. Logs have confirmed the well is a new field oil discovery encountering some 18.5m of excellent quality net oil pay in the Late Jurassic Angel Formation. The i
