US oil major Chevron is moving ahead with plans for an enhanced oil recovery (EOR) project using polymer technology on its Captain heavy oil field in the UK North Sea. The Captain field was discovered in 1977, in Block 13/22a on the edge of the outer Moray Firth…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
Well intervention spending has been hit harder than other areas, but it is not due to a lack of opportunities. Elaine Maslin reports. Island Offshore’s Island Frontier. Image from Island Offshore…
The Steam Oil Production Company has entered into a cooperation agreement with FluidOil, an independent heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (VHTL) oil upgrading technology into an offshore steam flooding project…
Steve Dawson and Alex Karakassis have been appointed managing directors (MDs) of Hansa Heavy Lift, taking over for Roger Iliffe, the outgoing chief executive officer (CEO), with immediate effect. Iliffe has left in order to focus on independently pursuing other opportunities…
Henry Woo is to head up the Asia-Pacific (APAC) division at Hansa Heavy Lift, taking over from Joerg Roehl. Woo, who will be based at the shipping line’s Asia headquarters in Singapore, has two decades of experience in the supply chain and shipping industry…
More and more heavy oil is coming into production pipelines. Measuring it, in a multiphase flow, is a challenge, says NEL’s David Millington. Heavy Oil. Photos from NEL. Cost…
Fifteen leading offshore companies, including Shell, Chevron, and McDermott International, have signed a memorandum of understanding (MOU) to establish engineering industry standards known as the Standardization Unified Joint Industry Project (JIP)…
Saipem has celebrated setting new milestones in the oil service industry with the installation of two gas export free standing hybrid risers (FSHR), 20in and 19in respectively, in the Pre-Salt area of Santos Basin about 300km from the Brazilian shoreline…
Germany’s Hansa Heavy Lift has appointed Mark Preece as its new senior advisor to help the company grow its presence in the global offshore industry. Preece. Image from Hansa Heavy Lift. Preece…
Statoil has released a video of a heavy lift as part of its Aasta Hansteen spar integration in Hyundai Heavy Industries' yard in South Korea. Weighing 2200-tonne and measuring 50 X 20 X 25m, the heavy lift of this 'mega module' was a…
NEL, the UK-based flow measurement research and development specialist, has launched a joint industry project (JIP) to meet an urgent industry requirement to address the challenges of accurately measuring highly viscous, multiphase flows…
ABS entered into a memorandum of understanding with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with leading operators, drilling…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Construction of Subsea 7’s heavy construction vessel, the Seven Arctic, is proceeding on schedule with the vessel targeted for delivery in 2016. The vessel, which is in dry dock at Hyundai Heavy Industries in South Korea, is being readied…
