Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation and SOG – Óleo e Gás S.A. (SOG) , a leading engineering company in Brazil, has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system. The contract [...]
Moving MOUs to sheltered waters or drydock facilities for surveys is disruptive and expensive. Using the experience gained from several years of dealing with floating production units and surveying drilling units on location, DNV is now preparing a Recommended Practice (RP) to allow mobile offshore units to operate on location by optimizing survey routines without [...]
Singapore’s EMAS AMC has been awarded a subsea engineering, procurement and offshore construction contract from Statoil for the Smørbukk South Extension’s project offshore Norway. The contract is valued at approximately US$75 million. Discovered in 1985, the Smørbukk South Extension holds estimated recoverable reserves of 16.5 million barrels of oil equivalent, and will be developed with a new subsea template connected [...]
Saudi Aramco announced the first phase production start-up at the Manifa field commenced on April 10th, 3 months ahead of schedule and well under the program’s approved budget. The Manifa field’s production capacity is expected to reach 500,000 bpd by July 2013, and is planned to reach its full design capacity of 900,000 bpd of [...]
LEEVAC Shipyards Jennings LLC has signed contracts with Tidewater Marine, LLC of New Orleans, LA to build two LEEVAC Design Services “LDS ” Platform Supply Vessel (PSV), a 300’ x 62’ x 24’ diesel electric PSV with options for two additional vessels. “We are very excited to have another opportunity to build for Tidewater. This [...]
Malaysia’s UMW has today entered into a contract with Petronas Carigali Sdn Bhd for the provision of UMW’s Jack-Up Drilling Rig “NAGA 4” for PCSB’s domestic operations within Malaysian waters for a contract value of approximately USD 157.68 million being consideration for performance of the Scope of Works as described in the Contract. NAGA 4 [...]
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering, procurement, construction and commissioning services to TOTAL’s Alwyn, Dunbar, Elgin and [...]
Bowleven, the Africa focused oil and gas exploration group traded on AIM,has announced the preliminary results of the first test at the IM-5 appraisal/development well drilling offshore Cameroon. A Drill Stem Test (DST) was performed on the Middle Isongo interval and preparations are now underway to test the Intra Isongo interval. Highlights – Middle Isongo [...]
Israel has achieved a major milestone on Saturday when natural gas production commenced from the Tamar field off Israel’s Mediterranean shore, Reuters reports. The country is expected to become a gas exporter by the end of the decade. Partners in the fields stated that they had invested $3 billion in developing the field, estimating the [...]
April 1, 2013 | Posted in
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FMC Technologies, Inc. announced today that it has signed a contract with BP for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development. The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) south [...]
March 19, 2013 | Posted in
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