The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
The Ulstein Verft shipyard announced that the newly built Island Performer was delivered today to ship owner, Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve its first five years for FTO in the Gulf of Mexico. “The…
Industrija nafte (INA), d.d. and Edison International have finally launched production on the North Adriatic Izabela gas field project, 60km off Pula, Croatia. Total gas reserves are estimated at about 1.4 billion cu m (8.5MMboe), with production expected at about 280 million cu m/y (4…
Owen Kratz marks his 60th birthday this year, but he's far from settling down. The CEO of Helix Energy Solutions Group, including the business unit Well Ops, including business unit Well Ops, has the global intervention business in his sights…
Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels. The first vessel, of ULSTEIN SX165 design (pictured), is being…
Brazilian port infrastructure firm Prumo has signed a rental agreement with US vessel builder and operator Edison Chouest. Under the agreement, Edison Chouest will build an offshore logistics support base and ship repair yard for its vessels at Açu Port…
Baker Hughes' Blue Orca in the Southern North Sea. Photo Courtesy of Baker Hughes In the early 1980s, the North Sea saw a spurge in stimulation vessels by the big three oilfield services contractors…
Ulstein's Ulstein Verft yard is to build an offshore construction vessel (OSV) larger than any other vessel the yard has built before. The new OSV, part of an order for two new OSVs from Edison Chouest Offshore and Island Offshore, through Island Ventures II LLC…
Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets. Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…
Petroceltic International is participating in a joint venture with Edison International Spa, which was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Co. 2012 International Bid Round…
FMC Technologies and Edison Chouest Offshore formed a joint venture based in Houston to provide integrated vessel-based subsea services for offshore oil and gas fields globally. The JV will offer equipment intervention, riserless light well intervention…
Caterpillar’s new Piracicaba, Sao Paulo manufacturing facility has made its first deliveries to the burgeoning Brazilian offshore market: four Cat 3512 diesel electric propulsion gen sets to Navship, a local shipbuilder operated by Edison Chouest Offshore.
Baker Hughes' latest fracturing and stimulation vessel, the Blue Tarpon, is designed for operations in the Lower Tertiary play of the Gulf of Mexico. Katie Jernigan takes a look at the newest addition to the Baker Hughes fleet. Chouest owns…
BJ Services' new stimulation vessel built for deepwater wells, the Blue Dolphin, made a recent stop in Houston on its way to Louisiana, where it will be based while doing short-term contract work in the Gulf of Mexico. Russell McCulley was on…