U.S. crude oil production and lease condensate reached another milestone in April 2019, totaling 12.2 million barrels per day (b/d), according to EIA’s latest Petroleum Supply Monthly.
The technology group Wärtsilä has signed a five-year optimized maintenance agreement with Sapura Brazil, a company specialized in sub-sea services. The agreement, signed in June 2019, covers Sapura’s fleet of six pipe-laying support vessels (PLSVs). The agreement will support the fleet’s operational performance and increase both its efficiency and reliability by accurately predicting maintenance requirements. This will also lower operating costs.
Sparrows Group has been awarded its first contract for the provision of rigging loft maintenance services in Qatar.
Equinor has, on behalf of the Oseberg partners, made a profitable oil discovery related to Oseberg Vestflanken. The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field.
In what is believed to be a first for Australia, the unique Safeway motion compensated offshore access system of the Dutch Van Aalst Group recently completed more than 1200 safe personnel transfers and 40 gangway operations in only 24 days. For client Woodside Energy the campaign experienced no downtime whatsoever and created significant risk elimination and cost savings, resulting in maximum efficiency of operations.
Pipeline technology specialist, STATS Group, is growing its market share across the Americas and expects activity in the US and Canada to improve further with turnover growing by more than 70% in both countries.
McDermott International, Inc. and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.
MacGregor, part of Cargotec, has been selected to supply repeat packages of deck machinery equipment for two new US Naval Sea Systems Command (NAVSEA) T-ATS class vessel under construction at Gulf Island Shipyards in Houma, Louisiana, US.
Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC's floating production, storage, and offloading (FPSO) vessel.
In June, Brazil’s oil company Petrobras received guarantees from GIEK, the Norwegian Export Credit Guarantee Agency, for a total amount of USD 500 million. The guarantees, covering loans from a number of international banks, will finance services from Norwegian offshore support vessel companies operating on behalf of Petrobras in Brazil.
WFS Technologies, a global leader in Subsea Internet of Things (SIOT®) devices for Asset Integrity Management, announces their expansion into Houston and Brazil as they continue to meet their growth objectives for 2019.
Inmarsat, a world leader in global mobile satellite communications, is to introduce two new satellite payloads dedicated to the Arctic region in a partnership with Space Norway, and its subsidiary Space Norway HEOSAT.
The technology group Wärtsilä’s hybrid power module solution, the Wärtsilä HY, is now fully operational on the ‘Vilja’, an escort tug owned by the Swedish port of Luleå. The tug was built at Gondan Shipbuilders in Asturias, Spain and was delivered in the end of June 2019 following successful completion of the commissioning and sea trials. The Wärtsilä HY is the first hybrid power module in the marine industry, and its operational application onboard the ‘Vilja’ marks a new era in shipping.
Newbuilding orders dropped to record lows in Q2 2019. VesselsValue's Head Cargo Analyst, Olivia Watkins, reviews which yards have received orders and which vessel types have been popular purchases.
Rever Offshore, a leading subsea services provider to the oil and gas industry, continues to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.
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