KONGSBERG signs deal with offshore intallation group

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text

Industry

FLNG business on the cusp of stellar growth – A market update

2009.07.29 - Industry -

FLNG business on the cusp of stellar growth – A market update

Despite the present economic woes, the Floating Liquefied Natural Gas (FLNG) business is underpinned by compelling long-term fundamentals and is poised to become a major growth sector, with forecast expenditure of $23 billion expected over the period to 2016. Full text

Siem Offshore to transfer fleet back to Norway

2009.07.29 - Industry -

Siem Offshore to transfer fleet back to Norway

Siem Offshore is in the process of transferring the ownership of the company’s fleet to Norway and will concentrate the day-to-day operation of the fleet in Kristiansand. Norway will be the base for the international operation of offshore vessels. Siem Offshore are building on their foundation of Norwegian maritime expertise and experience, with a core of Norwegian employees onshore and offshore. Full text

Integrity, inspection and corrosion specialist launches new training courses

2009.07.22 - Industry -

Integrity, inspection and corrosion specialist launches new training courses

Aberdeen-based integrity, inspection and corrosion specialist iicorr is launching new courses led by an international expert in the maintenance field. It is the first time iicorr has staged courses for external companies to learn best practice in maintaining infrastructure across all industries.
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New Oil and Gas Training for Ghana in the Works

2009.07.16 - Industry -

New Oil and Gas Training for Ghana in the Works

Oilennium Ltd, a leading provider of training programmes for the international oil and gas industry, announced that it is joining forces with Oilfield Training Center Ghana (OTC) to develop a series of new interactive training programmes specifically designed for Ghana’s emerging oil and gas industry. Full text

Subsea 7 first to attain new industry safety training standard

2009.07.16 - Industry -

Subsea 7 first to attain new industry safety training standard

Subsea 7, one of the world's leading subsea engineering and construction companies, has become the first company to gain OPITO approval to deliver the new oil and gas industry Minimum Industry Safety Training (MIST) programme to its personnel. Full text

First Oil on FPSO Espirito Santo

2009.07.16 - Industry -

First Oil on FPSO Espirito Santo

SBM Offshore N.V. is pleased to announce that the FPSO Espirito Santo, located in the BC-10 deep water field development in the Campos Basin offshore Brazil, has achieved first oil production on 13 July 2009. Full text

Oil and Gas Supply Chain Feeling Brunt of Economic Downturn

2009.07.07 - Industry -

Oil and Gas Supply Chain Feeling Brunt of Economic Downturn

Cost-cutting measures, dwindling backlogs of work and pricing pressures are increasingly taking their toll on the offshore oil and gas industry particularly the supply chain, according to a report commissioned by Subsea UK. Full text

Uruguay received offers for offshore exploration and production

2009.07.05 - Industry -

Uruguay received offers for offshore exploration and production

Despite all the international difficulties for investments in new areas for oil exploration, the oil giant PETROBRAS, YPF and GALP formed a consortium to present E&P bids for two of the most promising blocks of the Uruguayan offshore. This historical step for the offshore oil exploration in Uruguay raises the hope to get energy independence and with it a sensible reduction in the future for energy costs. Full text

Membership Association Launched for Dynamic Positioning Operators

2009.07.01 - Industry -

Membership Association Launched for Dynamic Positioning Operators

The International Dynamic Positioning Operators Association (IDPOA) was launched at the inaugural European Dynamic Positioning Conference in London, on 29th June 2009. The new not-for-profit professional body provides a representative voice to the maritime industry, while working to enhance and improve the professional interests of DPO’s and related companies. Full text

Aker Wirth: A new name and identity

2009.06.30 - Industry -

Aker Wirth: A new name and identity

Earlier this year, Wirth became a fully controlled subsidiary of Aker Solutions, a Norwegian owned company. Today, Wirth Maschinen- und Bohrgeräte-Fabrik GmbH changes its name to Aker Wirth GmbH, reflecting the change of ownership and the successful integration into Aker Solutions that has taken place since the acquisition. Full text

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