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Deepwater

Yinson, First E&P in $902 Mln FPSO Deal

Image: Yinson Holdings Berhad

Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First E&P) have executed a contract for an FPSO to be deployed offshore Nigeria.The contracts worth $901.79 million were entered into via its wholly-owned

Video: FPSO Travels from China to Brazil

(Photo: Boskalis)

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC), and delivered to Brazil's Petrobras in 2018.The

Deepwater Oil Output to Reach 10 mb/d in 2019

Graph: Rystad Energy

Global deepwater oil production was expected to grow 700,000 barrels  per day (b/d) this year to hit a record high of more than 10 million b/d.Norwegian research group Rystad Energy said that it "expects global deepwater production to reach record high level and surpass 10 million bb/d.""With

Commonwealth, Nekton Explore Ocean Depths

Commonwealth’s Director of Trade, Oceans and Natural Resources, Paulo Kautoke and the CEO of the Nekton Foundation, Oliver Steeds. Pic:  Commonwealth

The collaboration of Commonwealth and Nekton Foundation  and other partners, First Descent will launch a multidisciplinary exploration of never-before-accessed ocean territory.The expedition ship, a floating research station, will set sail from Seychelles in March equipped with cutting-edge subsea technologies,

Senegal Awards LNG, Oil Advisory Job to Doris Engineering

Image: Doris Group

French engineering services provider Doris Engineering has been awarded an advisor contract by the Senegalese ministry of petroleum and energies for the development of oil & gas projects offshore Senegal.This two-year mission consists in reviewing the optimization and the robustness of the field

Transocean: $830M Drilling Contract for Ultra Deepwater Drillship

While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets, Transocean Ltd. (NYSE: RIG) ends the year on a positive, signing a construction management contract, as well as a five-year drilling contract with Chevron USA, Inc. for one of its two dynamically

Shell Confirms Oil Leak in Brazilian Waters

(Photo: Shell)

A small amount of crude oil belonging to Royal Dutch Shell Plc leaked during a ship-to-ship oil transfer in Brazilian waters last month, the company confirmed to Reuters on Monday.About 200 milliliters of crude were released on Nov. 30 during the maneuver, which was halted after the drip was detected,

India Plans Deep Dive for Seabed Minerals

© Mykola Mazuryk / Adobe Stock

In the 1870 Jules Verne classic "20,000 Leagues Under the Sea", underwater explorer Captain Nemo predicted the mining of the ocean floor's mineral bounty - zinc, iron, silver and gold.India is catching up with that only now, as it prepares to unearth treasures down below, aiming to boost its economy.

Hardide Coating for Subsea Duties

Image: Hardide Coatings

The provider of advanced surface coating technology Hardide Coatings has provided a coating solution for a new tool that will save oil and gas operators millions of pounds per year by extending weather windows for drilling operations.According to a press release from the manufacturer of coatings,  well

UKHO Shares Marine Geospatial Data with Guyana

National Hydrographer of the UK Hydrographic Office, Rear Admiral Tim Lowe and Director General of the Maritime Administration Department, Claudette Rogers during the signing of the agreement. Photo: DPI Guyana

The UK Hydrographic Office (UKHO) has officially handed over marine geospatial data to the Guyanese Government after a campaign of hydrographic surveying.Delegates from the UKHO presented the data to government officials at a special event to celebrate the completion of the survey. Two workshops were

Teledyne Bowtech Supplies Deepwater Lamps to Triton Submarines

Image: Teledyne Bowtech

Teledyne Bowtech, which specializes in the design and manufacturing of underwater vision systems, announced the supply of modified LED-V-Series deep water lamps for installation on board Triton submarines for the Five Deeps Expedition, a collaboration between investor and explorer Victor Vescovo of Caladan Oceanic,

Leslie Controls Wins Virginia Class Valve Contract

Image by  Leslie Controls

Leslie Controls, part of the Thermal Fluid Division of Circor International,  has been awarded a $5.65 million-dollar contract to provide valves to the United States Navy for ten Block V Virginia-class submarines.The a worldwide manufacturer of valves for the power generation, industrial, marine and

China to Develop Multi Billion Dollar Deep Sea Port In Myanmar

Photo by Xinhua

China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and Chairperson of the Management Committee of the Kyaukphyu

Decommissioning Gets into Deep Water in GoM

(Credit: LOC)

LOC Group’s Houston office provides perspective on decommissioning developments in the Gulf of Mexico.The Gulf of Mexico basin covers approximately 1.6 million km2 and is one of the most important petroleum production regions in the world. A significant portion of the area is shallow continental shelf waters.

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