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Deepwater

Ultra-Deepwater Port Location Revealed at Shetland

Image: Lerwick Port Authority

Scottish Government identifies Dales Voe in Lerwick in Shetland  as “preferred site” for an "ultra deep water" decommissioning port after UK-wide feasibility study.Scotland’s supply chain could be set to win more large scale decommissioning projects, after Dales Voe in Shetland has been identified as

Alcatel Submarine Networks Bags Contract from Equinor

Photo: Equinor

Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea.Equinor has awarded Alcatel Submarine Networks a contract for permanent reservoir monitoring (PRM), which in turn has signed a letter of intent with Nexans Norway AS for delivery of subsea cable.

Gulf of Mexico Lease Sale to Test Response to Trump-era Regulations

(File photo: Shell)

A federal auction of exploration leases in the Gulf of Mexico next week will test energy companies' appetite for acreage after the Trump administration left royalty rates for deepwater parcels unchanged, bucking an industry call to lower them.The U.S. Gulf of Mexico has faced waning interest in recent

Trafigura to Build U.S. Deep-Water Oil Port

Image: Trafigura

Swiss commodities trader Trafigura has applied to build a deep-water port in Corpus Christi, Texas, on the Gulf of Mexico, which will be able to load supertankers, reports FT.The report said that the plan would see the commodity house build an offshore deepwater port facility  with a view to accommodate

McDermott Wins Shell Contract for Gulf of Mexico

Image: McDermott

McDermott International announced a contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell (Shell) plc, for subsea umbilical and flowline installation at the Perdido development, located 230 miles south of Galveston, Texas, in the Gulf of Mexico."This award strengthens

Kosmos Energy Acquired DGE for $1.23 Bln

(File photo courtesy of Deep Gulf Energy)

Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, according to a bourse filing on Monday, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.Dallas-based Kosmos, which currently operates in Africa and South America,

Petrobras to Start Up Four New Platforms in Q4

© Rafael Silva / MarineTraffic.com

Brazil's state-controlled oil company Petrobras will start pumping pre-salt oil from four new platforms between October and December, the company's director for production and technology development Hugo Repsold said on Wednesday.Speaking to reporters at an oil industry event, he said Petrobras could

Transocean Signs 11 Well Contract with Chevron Australia

Photo: Transocean

The international provider of offshore contract drilling services for oil and gas wells Transocean announced that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in the first half of 2019 with Chevron Australia.

Norway Strike Delays Equinor Drilling; Short-term Output Safe

(Photo: Kjetil Eide / Equinor)

Norway's Equinor does not expect its output to be affected "in the short-term" after a union escalated an industrial action among drilling workers on Monday, the firm said."More drilling and well operations are affected. We will get delays ... In the short-term we do not see any production or milestone consequences,

DNV GL to Offer Water Management Certification Globally

Image: DNV GL

 DNV GL has been accredited by the Alliance for Water Stewardship (AWS) to issue certificates proving compliance with the AWS international standard for water management.   The accreditation enables DNV GL to certify companies globally. Antonio Astone, Global Service Manager for Assurance and Supply Chain in DNV GL – Business Assurance,

Brazil Charges Former Vantage Drilling Chief with Corruption

Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling with corruption and money laundering, accusing him of offering $31 million in bribes to public officials.Federal prosecutors said in a statement that the charges against former

Chevron exits Indonesia's Makassar Strait block

Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on Wednesday.Indonesia's energy minister had issued a decree terminating Chevron's Makassar Strait production

HoogTij to Build Deep-sea Quay

Photo: Amsterdam Port

 The construction of a 900-metre-deep deep-sea quay near the HoogTij business park along the North Sea Canal is set to begin this summer.    HoogTij is divided into two parts: a site reserved for port-related companies (the maritime section) and a site intended for land-based companies (the land section).

Ulstein Verft to Build DP3 Cable Laying Vessel for Nexans

Photo: Ulstein Verft AS

 Nexans Subsea Operations has signed a shipbuilding contract with Ulstein Verft on the construction of a large, DP3 cable laying vessel.   CEO Gunvor Ulstein, Ulstein Group, said: “We are very pleased that Nexans, a solid and important player, chooses Ulstein to construct their new flag ship. We have

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