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OMS Launches New Pipe Fit-Up Optimisation Software

January 29, 2015

OMS has released a new version of its award-winning SmartFit™ pipe fit-up optimisation software. In addition to the sequencing of single pipe ends, the new software is now capable of sequencing multiple pre-welded sections of pipe (i.e. doubles, triples and quads), while also providing improved visualisation of pipe fit-up and new, automated reporting features. Winner… Continue Reading »

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Entry Level Commercial Diving Salary

January 29, 2015

A career as a commercial diver begins with commercial diving school, where students are taught to do nearly everything underwater. When a graduate hires on with a diving company, the graduate is a commercial diver, but until the diver has several years of experience the work may lack glamor or high wages. The industry works… Continue Reading »

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Eni Agrees to Proceed with OCTP Project (Ghana)

January 29, 2015

Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed, with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be… Continue Reading »

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BP Cuts 255 Jobs In Azerbaijan, Remains Committed To Region

January 28, 2015

British oil major BP said on Tuesday it had cut 255 jobs, or around 8 percent of its workforce in Azerbaijan as it trims costs in response to the “challenging market environment”. Crude prices have more than halved since June to below $50 per barrel, and oil majors have been cutting capital and operating expenditures… Continue Reading »

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VIDEO: Subsea 7 ‘Seven Arctic’

January 28, 2015

The future addition to Subsea 7’s fleet, Heavy Construction/Flexlay vessel ‘Seven Arctic’, is currently under construction at Hyundai Heavy Industries (HHI) in South Korea and is due to enter service in 2016. According to London based subsea engineering, construction and services company, the vessel will be equipped with a Huisman unique knuckle boom rope-luffing crane… Continue Reading »

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Kemp: Factors That Will Drive US Oil Production In 2015

January 28, 2015

Rig counts are a highly imperfect guide to future oil production but they are one of the few readily available statistics on oilfield activity so it is unwise to dismiss their importance entirely. The sharp drop in crude oil prices since June 2014 and associated fall in rig counts published by state regulators and service… Continue Reading »

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Technip Nets Amethyst Subsea Job

January 28, 2015

Technip has been awarded by Stone Energy Corporation both a flexible pipe supply contract and an installation contract for the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico.  The first contract includes the detailed engineering, procurement, fabrication, assembly and testing of a 5-inch production static riser (almost 9 kilometers long) as… Continue Reading »

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6 Alpha: UXOs Taken Lightly by OW Developers

January 28, 2015

Developers, utilities and asset owners are failing to take account of the risks posed by munitions moving from their recorded positions during the operations and maintenance phases of their projects. That is according to specialist offshore risk consultancy, 6 Alpha Associates. Prior to installation work, where there is a high risk of encountering unexploded ordnance… Continue Reading »

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Obama Floats Offering First-Ever Drilling Lease In Atlantic

January 28, 2015

The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling in environmentally-sensitive areas off Alaska. The proposal envisions auctioning areas located more than 50 miles off Virginia, North and South Carolina, and Georgia to… Continue Reading »

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Huisman’s Cranes for Maersk’s Subsea Support Vessels

January 28, 2015

Huisman secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt Knuckle Boom Cranes onboard four new subsea support vessels (SSVs) for Maersk Supply Service. The first vessels, Marin Teknikk design MT 6027, are scheduled for delivery in Q4 2016. Huisman CEO Joop… Continue Reading »

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