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

World's first FDPSO heading for West Africa

2009.01.29 - Industry

The world's first Floating, Drilling, Production, Storage and Offloading vessel (FDPSO), which is owned by Prosafe Production, has left Keppel Shipyard in Singapore on January 24, 2009. After a short stay at anchorage, it will head for the Republic of Congo where it will be deployed at Murphy West Africa Ltd's (a subsidiary of Murphy Oil Corporation) deepwater Azurite development in the Mer Profonde Sud Block.
 
Named the Azurite, this first of its kind FPSO with drilling capabilities incorporates a design that is cost efficient and effective for drilling and producing deepwater fields. The vessel is equipped with a modular drilling package that can be removed and reused elsewhere when the production wells have been drilled. The Azurite has a storage capacity of 1.4 million barrels of oil and a process capacity of 60,000 bfpd/40,000 bopd and will be spread-moored at a water depth of 1,400 meters.
 
Prosafe Production has been responsible for the FPSO conversion, while Murphy West Africa Ltd (Murphy) has been responsible for the drilling scope. After conversion, Prosafe Production is responsible for the operation and maintenance of the vessel, while Murphy is responsible for drilling operations.
 

Follow SubseaDirectory on Facebook !

Follow SubseaDirectory on Twitter !

More Subsea Company Listing, Subsea Events and Subsea Jobs and Subsea Article on SubseaDirectory




See also:

Deepwater expenditure to reach nearly $25 billion annually by 2012

A new study published today by analysts Douglas-Westwood The World Deepwater Market Report 2008-2012 forecasts that nearly $25 billion will be spent annually in deepwater capital expenditure by 2012. Speaking at the Deep Offshore Technology International Conference 2007, Stavanger, today, John Westwood, Douglas-Westwood MD commented that “the deepwater oil & gas industry is set for continued growth through to 2012, with over 30% growth forecast for the 2008-2012 period when compared with the previous five years.

Taking a long view in the far north

The Arctic will become increasingly important, not least because of oil and gas, believes Norwegian foreign minister Johan Gahr Støre. But Norway will not be planting a flag at the North Pole.

BP Restructuring to Secure Long Term North Sea Future

BP is today announcing proposed plans for important changes to its North Sea organisation, headquartered in Aberdeen, designed to secure a long-term future for the company's oil and gas business in the UK.

GE Energy Completes Acquisition Of Sondex, A Global Oilfield Technology Company

GE Energy announced today it has completed the acquisition of Sondex plc to further expand its capability and expertise in oil & gas drilling and wireline technology.

ODIM STRATEGIC ACQUISITION FOR DEEPWATER BUSINESS

ODIM ASA has reached agreement today on acquiring ABAS Crane of Aukra and Aker Brattvaag Winch in Søvik for a total of NOK 80 million. These two companies deliver such products as special cranes, lifting systems and specialised electrical winches for ships and offshore installations