Market-leading energy services company Proserv has won a multi-million dollar contract in Angola, underpinning the company’s fast-evolving subsea status and increasing demand for its sampling system innovations. Proserv is to design and manufacture a subsea sampling system for BP’s PSVM field development which, with a water depth of 2,000 metres, is believed to be the [...]
Jotun announced the launch of Jotachar JF750, the next-generation passive fire protection (PFP) coating system that significantly reduces installation time and cuts material costs. Following an extensive development and testing programme, the launch of Jotun’s new mesh free PFP helps owners, fabricators and applicators save time, lower costs and reduce risks compared to systems that [...]
Swedish Trelleborg has teamed up with Italian oil and gas industry contractor, Saipem, to develop a new LNG tandem offloading system. Derived from existing and proven technologies, the latest development in cryogenic LNG floating hoses is set to become a key component in offloading systems for future offshore FLNG projects. By enabling offshore transfer of LNG [...]
Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough, approximately 60 km off the southeast coast of Japan, as one [...]
AMEC, the international engineering and project management company, has been awarded a two-year integrated services contract renewal by BP to provide operations, maintenance and project support to the Forties Pipeline System (FPS) in the North Sea. The contract is valued at between £10 million and £15 million per year, depending on activity levels and is [...]
Norway’s Ulstein is currently customizing their innovative Chain type Stinger Handling system concept for three different companies on three different continents. The compact system improves both the vessel design and pipe-lay operations, and as acknowledgment on April 16th 2013, the equipment has won the bi-annual IRO Innovation Prize. The participants casted their votes for the [...]
Finland’s Wärtsilä, the marine industry’s leading solutions and services provider, is to supply inert gas systems for a Floating Storage Unit (FSU) to be located on Norway’s Heidrun offshore oil and gas field, and for two shuttle tankers that will support the FSU. The FSU is owned by Statoil, the Norwegian state owned energy company, [...]
ProSep Inc., a company dedicated to providing process solutions to the oil and gas industry, today announced it was awarded a contract for the supply of a produced water treatment system valued at approximately $1.3 million, for installation on a floating production storage and offloading (“FPSO”) vessel that will operate in a deep-water field in [...]
Schlumberger announced today the introduction of the CoilScan* real-time coiled tubing (CT) pipe inspection system. The system minimizes nonproductive time (NPT) by providing real-time pipe inspection during intervention operations to identify CT pipe defects prior to entry into the wellbore. “Most CT failures in the field can be traced back to some initial defects, such [...]
Wood Mackenzie has assessed the proposed changes to the Danish fiscal system. The analysis by Wood Mackenzie’s European Upstream team concludes that the reduction in the rate of hydrocarbon tax and the size of hydrocarbon tax allowances would result in a decrease in value of IOC portfolios of US$ 1.47bn (DKK 8.69bn). The proposed changes [...]
