The global leader in life saving equipment, Viking Life-Saving Equipment is now open for business in Webster, Texas. The facility provides Viking customers with a direct sales presence in the Houston area.
The new office and warehouse facility will allow the company to cater to the needs of its offshore oil and commercial cargo clients. For over 50 years, Viking has produced a high quality line of life rafts, evacuation chutes and slide systems for the passenger and offshore industries, as well as personal protection equipment such as life jackets, immersion suits, and fire suits.
The new Texas office is located at 16920 N. Texas Ave, Suite C-14, Webster, Texas 77598. It can be contacted by phone at 281-724-0934 and by email at This email address is being protected from spambots. You need JavaScript enabled to view it.
.
BP and federal and state Natural Resource Damages (NRD) Trustees have reached agreement in principle on two additional proposed early restoration projects in Louisiana that are expected to cost approximately $340 million. The projects are part of BP's unprecedented commitment to provide up to $1 billion in early restoration funding to expedite recovery of natural resources injured as a result of the Deepwater Horizon accident.
BP has been working diligently with the Trustees to develop additional projects to meet BP's commitment to early restoration. In fact, for several months now BP had an agreement in principle with the Trustees to proceed with a number of projects, including those announced today by Louisiana. The Trustees made a decision to hold such announcements until months after our agreement in principle.
“We are extremely pleased to have reached agreement with the Trustees on the new projects, which will provide significant long-term benefits to the environment and the people of Louisiana,” said Laura Folse, BP’s Executive Vice President for Response and Environmental Restoration. “With the help of the extensive cleanup efforts, early restoration projects, and natural recovery processes, the Gulf is returning to its baseline condition, which is the condition it would be in if the accident had not occurred.”
BP and the Trustees have now agreed to a total of four early restoration projects in Louisiana expected to cost approximately $370 million, including two projects that were approved in 2012 and are already underway. BP stepped up to make funds available, enabling restoration projects to begin before the ongoing NRD assessment is complete.
The new Louisiana projects will create a fish hatchery facility and will rebuild and restore beach, dune and marsh habitat on a number of coastal Louisiana islands.
The Agreement between BP and the Trustees is unique in that it makes it possible for restoration to begin at an earlier stage of the NRD process. NRD restoration projects are typically funded only after a final settlement has been reached or a final court judgment has been entered. The Agreement allows the parties to expedite projects to restore, replace or acquire the equivalent of injured natural resources in the Gulf soon after an injury is identified, reducing the time needed to achieve restoration of those resources.
Under the Agreement, BP provides the funding and the Trustees implement the projects. Funding is provided from the $20 billion trust BP established in 2010 to pay claims, final judgments in litigation and litigation settlements, state and local response costs and claims, and natural resource damages and related costs.
In addition to the early restoration projects, to meet its commitments in the Gulf, BP has spent more than $14 billion in operational response and clean-up costs; has paid $10.7 billion to individuals, businesses and government entities for claims, settlements and other payments; and has agreed to a settlement with the Plaintiff’s Steering Committee that will resolve the substantial majority of outstanding private economic loss, property damage and medical claims.
Louisiana early restoration projects announced April 30, include:
• Louisiana Outer Coast Restoration Project will restore beach, dune and marsh habitat on Whiskey Island (Calliou Lake Headlands), Chenier Ronquille Island, the east and west lobes of Shell Island, and North Breton Island. Restoring these barrier islands will help protect Louisiana’s wetlands and slow coastal erosion. The project will create beaches, dunes and marshes; repair breaches in the shoreline; and revegetate the islands using appropriate native species. Estimated cost: $318,363,000
• Louisiana Fish Hatchery Project will build a hatchery facility for the production of three important species of recreational fish: speckled trout, red drum and southern flounder. The facility will be located on a 90-acre site and will include 3 one-half acre ponds; 14,000 square feet of building space; a reservoir and pumping station; and a youth fishing pond and kayak launch. The building space would include hatchery production as well as a lobby with educational displays, a classroom/conference room, and production touring areas for visitors. Estimated cost: $22,000,000
Projects approved in 2012 include:
• Louisiana Lake Hermitage Marsh Project will create 104 acres of marsh within the Barataria Hydrologic Basin in Plaquemines Parish. Sediment will be dredged from the Mississippi River and pumped via pipeline to the project area. This is designed to produce the desired elevation and the ability to plant native vegetation in the sediment. Base cost: $13,200,000 (final payment complete; Base cost + contingency cost: $14,400,000 (contingency cost pending)
• Louisiana Oyster Cultch Project will create productive oyster cultch areas on public oyster seed grounds in six locations across 850 acres throughout coastal Louisiana. In addition, improvements will be made to an existing oyster hatchery on Grand Isle, which will produce larvae to be released over the cultch material. Base cost: $14,874,300 (final payment complete); Base cost + contingency cost: $15,582,600 (contingency cost pending)
.
Saipem has contracted BMT Scientific Marine Services (BMT) a subsidiary of BMT Group Ltd, to provide riser monitoring systems for two Free Standing Risers (FSHRs) and four Steel Lazy Wave Risers (SLWRs) for the Sapinhoá Norte and Cernambi Sul pre-salt fields offshore Brazil.
These systems will monitor the integrity of these risers by measuring strains, motions, attitude, and position of submerged portions of the riser strings. Each FSHR system will include BMT’s patent pending ROV-Serviceable Strain Sensor Assembly which allows users to service or replace individual sensors by ROV. BMT’s patented polypropylene welded attachment scheme for attaching strain sensors to submerged, insulated pipes will be employed on the SLWRs.
BMT brings valuable experience to this project having supplied five Free Standing Riser Integrity Monitoring Systems since 2007 covering a total of twelve riser towers, and two SCR monitoring Systems. The award complements BMT’s extensive order book that includes integrity monitoring systems for three riser towers in West Africa and two in Brazil as well as for eight SCR’s in Brazil. In addition, BMT has in various stages of delivery six Marine Integrity Monitoring Systems for Floating Production Units.
.
WesternGeco has announced that it has begun acquisition of a major multiclient seismic survey offshore Mozambique using the ObliQ* sliding-notch broadband acquisition and imaging technique. The technique optimizes the recorded bandwidth of the seismic signal enabling more detailed imaging of the subsurface and more reliable extraction of rock properties.
“This seismic survey is optimally located to help oil and gas companies evaluate play potential offshore Mozambique,” said Carel Hooykaas, president, WesternGeco. “The ObliQ technique is expected to provide valuable high-resolution broadband imaging in this geologically complex area where recent discoveries and regional appraisals indicate significant frontier exploration potential.”
The survey is being acquired in collaboration with the National Petroleum Institute of Mozambique (INP) and is fully supported by industry prefunding. It consists of more than 31,000 km long-offset 2D data and covers the majority of the offshore territory of Mozambique where future licensing rounds are expected.
For further information about the WesternGeco Mozambique multiclient survey, visit www.slb.com/multiclient_mozambique.
.
The new company is to be called Gardline Marine Sciences do Brasil S.A, and is a 50/50 joint venture between Gardline Marine Sciences (South America) Ltd and OceanPact Serviços Marítimos Ltda. This strategic alliance will see the two companies sharing their marine expertise and resources in order to pursue marine survey projects in Brazilian waters.
Gardline Marine Sciences do Brasil S.A will focus on fully integrated survey packages including geophysical, hydrographic, environmental, oceanographic and geotechnical surveys. The company will provide a wide range of integrated marine science services including: 2D seismic exploration, 2D/3D high resolution data acquisition and interpretation, shallow gas hazard analysis, seabed mapping, shallow to deep water soil investigation, near shore and coastal surveys, water flow measurement and water quality.
Gardline has been providing clients with a comprehensive set of offshore integrated survey services for over 40 years. By combining this expertise with the significant Brazilian market presence of OceanPact, the joint venture will provide clients with the global experience, knowledge and resources needed for any marine survey.
Both companies have a strong reputation for health and safety, ensuring that projects are delivered safely, without incident or impact on the environment, on time, on budget and to the highest industry standards.
Gardline & OceanPact already have a proven track record of working together to provide services to the Brazilian energy sector. The two companies undertook a pioneering project for Petrobras in 2012 in which for the first time, mini-CPT data and vibrocorer samples were acquired for pipeline route design instead of using traditional Piston Coring which has no efficiency in sand.
The Petrobras project drew on the extensive industry experience of Gardline and OceanPact to successfully meet the needs of the client. The joint venture aims to continue upon this success by providing world-class services to more clients in Brazil.
John Wenlock, Director of Gardline Marine Sciences (South America) Ltd said “As a leading service provider in the Brazilian energy sector, OceanPact is the ideal partner to help spearhead our expansion into the burgeoning Brazilian market
Wenlock added “We are very excited about the growth opportunity for Gardline in Brazil, and we are confident that this joint venture with OceanPact will bring important synergy and expand our service offering in the Brazilian market”.
Flavio Andrade, CEO of OceanPact and of Gardline Marine Sciences do Brasil, also shared his vision: "OceanPact invests heavily in continuous innovation and improvement. This new joint venture is an important part of the growth strategy of OceanPact Group."
.
Genel Energy has signed a drilling rig contract with Noble Corporation for its African offshore drilling program. The Noble Paul Romano deepwater, semi-submersible rig (photo) will be used to deliver a high impact drilling campaign over a 2 year period, starting in the last quarter of 2013.
The rig, which is currently undergoing a special 5 year class survey in Valletta, Malta, has a rated water depth of up to 1,800 meters and a drilling depth of approx. 7,500 meters.
AGR will be providing drilling management services.
Commenting on the secured rig contract, Dr. John Hurst, Head of Exploration for Genel, said:
'We are very pleased to have concluded the rig contract with Noble. This rig is capable of drilling all of Genel Energy’s off shore wells in the African portfolio and will be available to us for our first well in the fourth quarter. Securing the rig is an important component of our commitment to deliver an exploration drilling campaign of 5-6 high impact wells per annum, targeting over 3.3 billion boe of net unrisked prospective resources.
.
FMC Technologies, Inc. (NYSE: FTI) announces that it has been awarded a two year extension to an existing contract by Island Offshore Management AS (Island Offshore) to provide Light Well Intervention (LWI) services.
The LWI services will be performed from Island Offshore's Island Constructor vessel on wells operated by BP Exploration Operating Company Ltd (BP). LWI services enable cost effective intervention operations into existing subsea wells resulting in increased recovery from mature subsea fields. The services are scheduled to be performed in 2014 and 2015.
"We are pleased to continue to support Island Offshore and their customer BP with our LWI services," said Tore Halvorsen , FMC Technologies' Senior Vice President, Subsea Technologies. "This contract illustrates the continued demand for LWI services by major operators such as BP."
.
Petrobras announces that it has signed a Sale and Purchase Agreement (SPA) for the sale of the 20% stake the company holds in exploratory blocks KC 49, 50, 92, 93, 94 and 138 in the US Gulf of Mexico. These blocks make up the asset known as Gila, and the operator is British Petroleum (BP).
Petrobras will receive US$ 110 million for the transaction and additional equity in an exploratory block adjacent the Tiber field, where Petrobras is already operating and has discovered reserved. This transaction is part of Petrobras' divestment program, outlined in the 2013-2017 Business & Management Plan, and is subject to third party preferential rights and approval by the U.S. Bureau of Ocean Energy Management (BOEM).
.
Apache Corporation (NYSE, Nasdaq: APA) announced on Tuesday that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 barrels of oil per day. Apache holds a 100-percent working interest in the Tonto Field.
Tonto-1 was drilled as a deviated well from the Forties Bravo production platform. The appraisal wellbore encountered 62 feet of net oil pay in an Eocene-aged sandstone reservoir at a depth of 6,325 feet, which was followed by a horizontal completion lateral that logged 243 feet (measured depth) of net oil pay.
"Seismic inversion processing unlocked pay in the Tonto field, which lies above the main Forties Paleocene reservoir," said James L. House, Apache's regional vice president for the North Sea. "We penetrated Tonto several times in wells targeting Forties. New seismic techniques enabled Apache's North Sea geoscience team to gain a better understanding of Tonto and establish a development plan."
House noted that Apache has been working closely with the UK government to commence production ahead of a new 3-D seismic survey that will be acquired over Forties in July 2013. Tonto oil reserves produced in advance of this survey will allow geoscientists to image production patterns within the Eocene reservoir to optimize the placement of future Tonto producers. Drilling of an additional development well is currently planned by year-end 2013 following analysis of the 4-D (time lapse) seismic data.
Tonto follows Maule and Bacchus as the third new oil field brought online by Apache in the Forties area within the last three years. All three of these developments have qualified under the UK government's small field allowance system, which provides economic incentives for operators to bring these discoveries into production.
.
Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services is pleased to announce the formation of Deep Down Brasil, Ltda., confirming their interest in supporting the dynamic offshore oil and gas industry in Brazil. Deep Down Brasil will offer the full range of innovative subsea products and services currently offered by Deep Down Inc., expanding our efforts already underway in Brazil.
Ron Smith , Chief Executive Officer of Deep Down, Inc. stated, "We are very excited about the opportunities available to us in Brazil and, by forming Deep Down Brasil, have made a serious commitment to this market. Our experience in providing technical solutions to virtually every worldwide oil and gas venue situates us well to support the ever increasing challenges in the deep waters of Brazil. Our expertise, in conjunction with local, strategic partners, will position Deep Down for long term success in this important market."
.Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services has announced it has received a contract from a major international controls manufacturer for the manufacture of Loose Steel Tube Flying Leads (LSFL) worth in excess of $1.7 million. Additionally, there is an option to purchase additional distribution and installation equipment worth in excess of $2 million. The contract is for the first phase of a large gas project on the Northwest coast of Australia; delivery is scheduled for the fourth quarter of 2013.
Ron Smith, Chief Executive Officer of Deep Down, Inc. stated, "This award reaffirms the significant engineering and capital investments we have made in our core steel flying leads product line. Customers have realized that our steel flying leads are superior to those offered by the competition with respect to quality, cost, reliability and ease of installation."
.Smit Lamnalco has passed a significant milestone in Oman after celebrating 14‐years of continuous marine and offshore support services with no Lost Time Incident (LTI).
The 5,100 day record covers support to Single Point Mooring operations 10 km off Muscat Cove for the Petroleum Development of Oman (PDO). The services, which have run since 1998, are offered by a joint venture between Smit Lamnalco and Omani partner Suhail Bahwain Group.
Pictured (left to right): Anwar Al Mukhaini, HR Manager, Bahwan Lamnalco S.A.O.C.; Mukund Rajamani, Commercial Manager Middle East and Indian Subcontinent, Smit Lamnalco; Vivek Seth, Managing Director Middle East & Indian Subcontinent Smit Lamnalco and Alex Borges, General Manager Suhail Bahwan Group.
14 years of zero LTI
Suleiman Al‐Maany, PDO Pipeline Infrastructure and Oil Terminal Manager, said: “To reach 14 years ozero LTI is indeed a remarkable achievement.” The occasion was marked by a celebration at the Crowne Plaza Hotel in Muscat, attended by key officials from PDO, Suhail Bahwan Group and Smit Lamnalco employees including vessel crews, and other Oil & Gas and Ports industry representatives. The joint venture’s SHE‐Q Manager, Abdullah Al Maamari paid tribute to the skills demonstrated by the diving crews supporting PDO’s Single Point Mooring operations. “This record could not have been set without their outstanding efforts,” he said.
Developing local resources
Vivek Seth, Smit Lamnalco Managing Director Middle East & Indian Subcontinent, said: “This milestone is a source of particular pride, given Smit Lamnalco’s continuous commitment to developing excellence locally to match the standards we set across our organisation. Our company is fully committed to maximizing the local content of our operations. Nearly 90% of our local employees are Omanis."
.
Noble Energy, Helix to deploy state-of-the-art well control equipment in over 5,000 feet of water
As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Bureau of Safety and Environmental Enforcement (BSEE) Director Jim Watson has launched an unannounced exercise to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico.
The exercise employs Helix Well Containment Group’s capping stack system, equipment that is used to stop the flow of oil and gas in the event that a blowout preventer is ineffective, with Noble Energy serving as the designated operator.
Following the Deepwater Horizon explosion and oil spill, the Interior Department undertook the most aggressive overhaul of oil and gas safety regulations in U.S. history. Included in these reforms is the requirement that prior to receiving approval of a deepwater drilling permit, an operator must demonstrate that it has enforceable obligations that ensure that it has immediate access to surface and subsea containment resources that would be adequate to promptly respond to a blowout or other loss of well control, several components of which are being tested in the exercise initiated today.
“We fully expect operators to have the plans, equipment and capabilities in place to respond to a subsea blowout in deepwater at a moment’s notice,” Director Watson said. “These types of exercises give us an opportunity to see how the equipment is deployed in real-world conditions and to learn lessons that can be shared across the industry to protect the environment and improve the safety of offshore operations.”
During this exercise, Helix’s capping stack will be mobilized and deployed to the sea floor in 5047 feet of water, latched to a test wellhead and pressurized. The exercise is also designed to test Noble Energy’s ability to obtain and schedule the deployment of the supporting systems necessary for successful containment. The Helix capping stack is similar to the technology used to stop the flow of oil from the Deepwater Horizon well.
BSEE inspectors, engineers and spill response experts will be embedded in various locations throughout the exercise, including in the command center and on the vessel deploying the capping stack, to oversee the mobilization, deployment and associated tests of the system. BSEE experts will oversee the capping stack being lowered to the seafloor by wire, a technique that offers the potential to be significantly faster than the deployment via pipe that occurred during the Deepwater Horizon response.
Helix is one of two consortia that provide contract access to well containment equipment to oil and gas operators in the Gulf of Mexico. This equipment is required by BSEE for drilling with subsea blowout preventers in deepwater, among other situations. The other consortium, the Marine Well Containment Company, successfully completed a similar deployment exercise in July 2012. Over the course of the exercise, BSEE will provide public updates at: http://www.bsee.gov.
.
The company refers to the press releases dated November 5, 2012, and February 11, 2013, which announced the transaction to integrate Seadrill Limited's ("Seadrill") tender rig division into SapuraKencana Petroleum Berhad ("SapuraKencana") and the signing of the conditional Sale and Purchase Agreement ("SPA") between the parties.
Seadrill and SapuraKencana have now completed the previously announced transaction pursuant to the conditional SPA. The agreed upon acquisition price is for an enterprise value of US$2.9 billion, which includes cash, SapuraKencana shares, all debt in the tender rig business, and Seadrill's future capital commitments for newbuilds.
The incremental 400.8 million shares received by Seadrill today bring Seadrill's equity holding to approximately 12 percent of the outstanding shares of SapuraKencana. At today's closing share price of RMB3.18, Seadrill's total shareholding will have a gross value of approximately US$753 million.
In addition, John Fredriksen, Chairman of Seadrill Limited, is a nominee to the Board of Directors of SapuraKencana. John Fredriksen, Chairman, President and Director of Seadrill says in a comment, "We are pleased to have completed this important transaction with our long-term partner, SapuraKencana. We look forward to support the integration of the tender rig fleet in order to facilitate a smooth and orderly transition for the customers. This transaction will free up significant financial flexibility for Seadrill, and the proceeds will as previously stated be used over time to continue to aggressively grow our modern ultra-deepwater and jack-up exposure."
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
. 
The facility’s Deepwater capability will complement Clariant’s Deepwater Center of Excellence recently opened in Rio
de Janeiro
Clariant Oil Services announces that it’s investment in a new laboratory facility is on track for completion in Q3 2013. The facility will be in the new Clariant
Oil and Mining Services global headquarters campus, located in The Woodlands, Texas.
“The 64000 square foot complex, including offices, laboratories, and training suite, will utilize innovative design concepts to promote a stimulating and safe work environment,” said Robin McClure, Vice President, North America Region, Clariant Oil Services. “The dynamic look and feel
of the laboratories will create an environment that will allow staff to cross-train, share strengths and fully engage in their roles supporting our customers, whether onshore, offshore shelf, or located
in deepwater.”
The new facility will have several separate laboratories with robust capabilities, including:
“This equipment, housed in a state-of-the-art facility and staffed with some of the leading figures in the industry, will result in a first class service delivery for Clariant Oil Services’ clients,” said Robin, he continued “ In particular, we are pleased to be able to benefit from our company‘s experience supporting deepwater and pre-salt production in Brazil to bring these capabilities to our Gulf of Mexico customers.“ Clariant Oil Services announced the ground breaking for the new facility September 7, 2012.
.
Songa Offshore SE has announced the recruitment of Jan Rune Steinsland as new Executive Vice President of Songa Offshore SE. Steinsland will report to interim CEO Jens A. Wilhelmsen and work alongside CFO Geir Karlsen to strengthen the company's financial control and reporting structures.
- "As we have been quite open about, Songa is presently pursuing several different options for financing of our new Category D rigs, currently under construction by DSME in South Korea. Such work requires competent and time consuming efforts from our financial management. At the same time, we need to strengthen financial control and improve our reporting structures. Through the appointment of Jan Rune Steinsland, we will significantly strengthen our financial team whilst freeing up time and capacity for Geir Karlsen to focus on the funding side of the company", says chairman and interim CEO, Jens A Wilhelmsen.
Mr Steinsland will be based in Limassol at the company's corporate headquarter and take up his position on the 20th May 2013.
Jan Rune Steinsland has significant international industry experience and a strong track record from executive positions. From 2006, he has held the position as CFO at Ocean Rig, in period of great expansion and development, including an IPO and listing on NASDAQ. Prior to that, he was CFO at Acta Holding ASA, a position he held for six years. From 1988 to 2000, Jan Rune Steinsland had several management positions at ExxonMobil, including Financial Analyst, Financial Reporting Manager, Vice President Accounting and Audit Advisor
.
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.