Equinor Awards Light Well Intervention Contract to Akofs
Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.Equinor is the operator of about 560 subsea wells on stream on the Norwegian continental shelf. The wells require maintenance, repairs and new production actions.
STATS Group Post 65% Profit Increase
Pipeline technology company STATS (UK) Ltd increased profits by 65 percent to £4.3 million ($6 million) while maintaining revenues of £30 million, ($41 million) according to its latest annual accounts lodged at Companies House.The accounts to December 31, 2017, show that despite the continued impact of low oil and gas prices…
Statoil Awards $1.5 Bln Drilling Contracts
Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms. The contracts take effect from October 1, 2018, initially for a period of four years.
Subsea Infrastructure: Challenges & Solutions
As offshore oil and gas reserves become ever more difficult and costly to recover, the demand for innovative technology has never been greater. Joe Orrell, managing director at RED Engineering, considers some of the challenges in subsea infrastructure design and the role of fast track engineering solutions.
FUGRO, Cross Group Awarded Multi Well GoM Contract
Fugro’s dynamically positioned multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, will showcase her capabilities on a multi well intervention campaign which recently started in the Gulf of Mexico. The campaign involves utilization of a top tensioned 6 5/8” riser and coiled tubing…
Fugro, Cross Group Bag Multi-Well Contract
Fugro’s dynamically positioned multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, is proving her capabilities on a multi well intervention campaign which recently started in the Gulf of Mexico. The well intervention campaign involves utilisation of a top tensioned 6 5/8” riser and coiled tubing…
Proserv Delivers Opening Phase of Record Contract
Proserv has completed the first phase of one of its largest contracts yet to provide subsea control systems for deepwater projects in Brazil. The firm has delivered the initial three of nine control systems that will support drill pipe riser (DPR) intervention services at depths of 2,500 metres.
Archer Hit by U.S. Shale Rig Squeeze
Oil services firm Archer expects to cut its costs by at least 10 percent through an 11 percent headcount reduction, as it adapts to a weaker market in the North Sea and the U.S., the firm said on Monday. Archer, which offers drilling and well intervention services, is especially hit by the downturn in the U.S.
DeepOcean to Provide MPV to Tullow Ghana
DeepOcean Ghana Limited, a Ghanaian company with 51% Ghanaian owned share structure, has been awarded a contract to provide the services of a multipurpose construction vessel (MPV) to Tullow Ghana Limited. The scope of work for the contract is inspection, survey and subsea…
Aker Wayfarer Wins 5-Yr Contract from Petrobras
Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year option extension.
Qinterra Contracted for $20m Petronas Deal
International specialists well intervention technology company Qinterra Technologies has been awarded a contract worth up to $20miliion (USD) to support Petronas Carigali Sdn Bhd operations in Malaysia. The three year deal, will see Qinterra Technologies provide tractor…
STATS Group Announces New UK Facility
STATS Group has opened a new Intervention Engineering and Technical Support hub and recruited two of the energy industry’s leading experts in pipeline intervention services. The Aberdeenshire-headquartered pipeline engineering specialist has invested in a new facility in Kendal…
Ziebel to Provide DFO Intervention Services for ConocoPhillips
Ziebel AS, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that it has reached an agreement with ConocoPhillips to provide distributed fiber optic (DFO) intervention services in the continental United States.
Keppel, Seafox Partner to Build Jackups
The accommodation jackup rig with Plug & Abandonment (P&A) features will be based on Keppel’s KFELS J Class design which is suited for the harsh environment of the Norwegian North Sea. Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine…
Subsea Pipeline Pressure Intervention Averts Major Disruprtion
Pipeline Re-routed Without Interrupting Production Offshore Jakarta. T.D. Williamson, Inc. (TDW) announced that as a result of a complex subsea pipeline pressure intervention carried out in record time offshore Indonesia, it helped to prevent a major gas supply interruption for millions of residents and businesses in Jakarta.
