subsea
$350 million to acquire Dubai’s NPS Energy 21 May 2012 – Aker Solutions has agreed to acquire NPS Energy, which is part of oil field services company National Petroleum Services. NPS Energy has a strong presence in the Middle East and North Africa, which combined hold approximately 60 per cent of the world’s proven oil […]
Petronas Floating LNG awarded to Technip-Daewoo June 5th, 2012 – Technip-Daewoo Consortium has been awarded by Petronas a $2 billion contract for a Floating LNG (FLNG) unit in Malaysia Technip created a consortium with Daewoo Shipbuilding & Marine Engineering (DSME) Co. Ltd., the Technip-Daewoo Consortium (TDC). Technip-Daewoo Consortium (TDC) was awarded by Petronas Floating LNG 1 (Labuan) Ltd, […]
Doris to work on Maersk Chissonga FEED Maersk Oil (Maersk) , a fully owned subsidiary of A.P. Møller – Mærsk A/S operates the Block 16, which includes the Chissonga discovery. Chissonga is located in the Lower Congo Basin some 138 kilometres offshore Angola in water depths 1,500 meters. In 2011, Maersk Oil acquired the 15% interest […]
Definition A Riser is a pipe carrying up the subsea oil and gas from the wellheads on the seabed to the floating unit on the surface. The risers may be used for drilling or production purposes. Comments Drilling risers are categorised into two types: – Marine drilling risers used with subsea blow out preventer (BOP) and generally used […]
With Leviathan Noble turns Israel into gas exporter In 2009, Israel’s exploration partner Noble Energy discovered the Tamar field in the Levantine Basin, some 50 miles west of Israel’s port of Haifa and with an estimated 8.3 tcf (trillion cubic feet) of highest-quality natural gas. Tamar was the world’s largest gas discovery in 2009. Then, […]
Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught of 170 meters, the Aasta […]
Shaw to sell Energy & Chemicals Group (mostly Stone & Webster) to Technip On May 21st, 2012, The Shaw Group Inc (Shaw) and Technip announced to have closed a deal to the US based Energy & Chemicals Division, mostly made of Stone & Webster, to the France headquartered engineering company Technip for approximately $300 million. Under […]
Definition SPAR is the acronym for Single Point Anchor Reservoir (SPAR). This descriptive definition refers to a floating system with infield flow lines and associated subsea infrastructure to connect the subsea production and injection wells. Comments From design perspective a SPAR is a cylindrical, partially submerged offshore drilling and production platform that is particularly well-adapted […]
