Aker Solutions won a contract to supply a complete Pusnes wire mooring system for a cylindrical-shaped accommodation unit being built at Cosco Nantong Shipyard in China. The equipment includes three triple wire winches, three control cabins鈥
BP and China National 云顶赌场老虎机 Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m鈥
Hudong-Zhonghua Shipbuilding Group, part of the China State Shipbuilding Corporation, was awarded a contract from GE for the supply of power and propulsion systems for six LNG carriers that it will build in its shipyard in Shanghai for major Asian shipping companies鈥
China National 云顶赌场老虎机 Oil Corporation (CNOOC) signed a production sharing contract (PSC) with PetroBroad Copower Ltd. (PetroBroad Copower) for Block 28/03 in Pearl River Mouth Basin. Block 28/03 is located in Pearl River Mouth Basin in the east part of the South China Sea鈥
ABB has been awarded a US$20 million contract to provide power and automation technologies to a floating production, storage and offloading vessel (FPSO). The unit is being built to Sevan Marine's cylindrical design at Chinese shipyard COSCO Nantong for Dana Petroleum鈥
MacGregor, part of Cargotec, has won an order for a 150-tonne active heave-compensated (AHC) subsea crane from leading offshore oil & gas marine services specialist, Bourbon. This builds on a contract that was secured at the end of 2007 from the operator for ten similar cranes鈥
Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec鈥檚 stake in Block 31 to 15%鈥
Seadrill Ltd signed new contracts for the construction of two high specification jackup drilling rigs at Dalian Shipbuilding Industry 云顶赌场老虎机 Co., Ltd. (DSIC 云顶赌场老虎机) in China. The newbuild rigs are scheduled for delivery during 4Q 2015 and 1Q 2016鈥
Since the 1980鈥檚, the Norwegian subsea industry has evolved to become a world-leading supplier of underwater equipment and technology. Oil and gas production across the world happens in ever deeper water, and the wells are increasingly complicated to operate鈥
After a major storm crippled production from Liuhua field, a major life extension project and new umbilicals from JDR Cable systems renewed an aging property; Victor Schmidt explains. Recently, JDR Cable Systems deployed several subsea鈥
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex鈥檚 deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement鈥
International contractor Van Oord is in the final stages of commissioning its first shallow-water pipelay vessel, Stingray, at the COSCO shipyard in Nantong, China. Meg Chesshyre spoke with Maurice de Kok, Van Oord 云顶赌场老虎机鈥檚 area manager for offshore pipeline installation鈥
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie鈥
Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday鈥
Wärtsilä will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China, the company announced on 17 April 2013. Wartsila power鈥
