MDL Awarded Umbilical Installation Project
U.K. based Maritime Developments said it has won a flex lay contract on a major gas field in the Mediterranean Sea.The project, due to start in 2019, will cover installation of an umbilical connecting the production wells to a fixed offshore processing platform.The work will be carried out using MDL TTS-4/310 Series Tensioner, a 110-metric-ton unit, operated by MDL personnel, as part of the MDL Offshore Service.According to MDL, the system will allow safe and efficient handling of the product thanks to its 5m track length and wide cylindrical track opening for passing of umbilical end fittings.
TWMA Bags £1.5 mln North Sea Contract with Apache
Global integrated drilling waste management and environmental services firm, TWMA, has recently secured a £1.5 million contract with Apache on the WilPhoenix platform in the North Sea Beryl field. As part of TWMA’s fully integrated waste management solution, the one year (with one year option) contract will utilise the company’s award-winning TCC RotoMill® for offshore processing and EfficientC® for cuttings transfer and distribution. Chief operating officer, Neil Potter, said: “We have built a strong relationship with Apache over the last five years, and are delighted to have been selected to support on the WilPhoenix project.
NNPC to Replace Offshore Processing Arrangement
Nigeria's state oil company NNPC said on Tuesday it will replace the current Offshore Processing Arrangement with an arrangement under which it will directly sell crude oil to and purchase refined oil products from companies that own or operate refineries. In a statement it said the move was "designed to enshrine transparency and eliminate the activities of middlemen" in the swap scheme. The OPA bidding process, which involved more than 100 companies began last month. (Reporting by Camilus Eboh; Writing by Alexis Akwagyiram and Libby George; Editing by Greg Mahlich)
NNPC Ends Offshore Processing Agreements
Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday. Oil sales account for about 70 percent of government revenue in Nigeria, Africa's top crude producer, but the country imports most of the fuel used by its 170 million inhabitants because of its inefficient, ageing refineries. "The corporation has cancelled the current contract due to exorbitant cost and inappropriate process of engagement," a Nigerian National Petroleum Corp (NNPC) statement said, adding that the aim is to cut costs and improve efficiency.
Nigeria Starts Investigating Crude Oil Swap Contracts
Nigerian authorities have launched an investigation to determine whether the government has been short-changed by a state oil company scheme to swap crude for refined products, the company, three oil traders and a security source said. The Nigerian government may be losing money through opaque contracts in which crude oil worth billions of dollars is given to traders in exchange for refined imports, mainly gasoline, international and domestic watchdogs have said. Nigeria's anti-corruption agency EFCC and domestic intelligence service DSS began the investigation last month.
GMC Completes Buoyant Tower Basic Design
GMC LTD has completed the Basic Design of a self-installing Buoyant Tower for the Prinos Field Development for Energean Oil and Gas (Athens, Greece). The design brief was twofold to find a way to extend the life and utility of the existing Prinos infrastructure, and to find a cost effective and flexible solution for the green field expansion of the existing Prinos facility. The existing wellhead platforms (Prinos Alpha) was reanalyzed, and strengthened to accommodate drilling using the Energean newly acquired and commissioned Energean Force (formerly Glen Esk) tender assist drilling rig.
Ecospeed to Coat EXMAR Caribbean FLNG
In order to tap into Colombian stranded gas reserves, Pacific Rubiales Energy Corporation and EXMAR nv have partnered in a project to build and operate a floating LNG liquefaction, and storage unit, the Caribbean FLNG, which will be stationed at a jetty several kilometers off the Caribbean coast of Colombia for at least 15 years. In order to protect the hull of the Caribbean FLNG, keep it clean and facilitate class inspections over that time period without recourse to drydock and without causing harm to the local marine environment, EXMAR has applied an innovative glassflake, non-toxic, long-lasting hull coating system, Ecospeed, on the vessel’s hull.
