NKT to Supply Cables for Johan Sverdrup 2
Denmark-based cable supplier NKT said it has received a letter of award from Norway's Equinor to supply and install a cable system of 200 kilometers of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in the Norwegian North Sea.The award is conditional upon finalization of the formal contract which is likely to take place within a few weeks, NKT said. The contract value is expected to be approximately EUR 110 million, corresponding to roughly EUR 82 million in standard metal prices.The cable system comprises two 200 km of cables
Barnum Joins InterAct PMTI
InterAct, an Acteon company, announced that Harry Barnhum, P.G., has joined its team as a Principal Consultant and Regulatory Manager. A licensed professional geologist, Barnum has over 30 years of experience in the oil and gas industry. He has managed all aspects of oil field development, including reservoir analysis, drilling and facility optimization, waterflood and steamflood injection program design, property valuation, regulatory and safety compliance, training, mapping and field engineering. He has managed both onshore and offshore oil production facilities and has written and implemente
JRI,MHI, INPEX Tie-up for METI's Feasibility Study
CO2 and/or chemicals into oil reservoirs. CCS-EOR is the combination of CCS and EOR. *3 Mexico The volume of oil production in Mexico is ranked 10th in the world, yet its production volume is rapidly decreasing after 2004 due to the maturity of major oil fields and the stagnation of new oil field development. Mexico addresses the reconstruction of oil industry as a prime task and the enhancement of oil production through EOR is equally as significant as the development of shale layers and deep water oil fields in the Gulf of Mexico
GE Opens Global R&D Center in Brazil
what can be recovered more costly to process. Advanced subsea processing takes the floating platforms that would usually float on the surface of the sea and bolts them to seabed. Plus, new wellhead technologies that use subsea pumps and compressors will increase recovery and offer more economical oil field development with lower emissions. This reduces the capital and operating costs of running a drilling platform and greatly reduces the risks of having a manned platform out at sea. This is the latest in a long line of innovations that prove sometimes machines are better suited to working in dirty, dangerous
Arctic Energy Exploration Efforts Heat Up
shuttle tanker Mikhail Ulyanov was designed by Aker Arctic and built in Russia for OAO Sovcomflot and delivered in 2010. Along with sister ship Kirill Lavrov, it takes on crude oil from the Aker Arctic-designed floating storage and offloading (FSO) unit moored off Murmansk in the Prirazlomnoye oil field development in the Pechora Sea. Double Wide For many icebreaking operations, a single icebreaker isn’t able to create a channel wide enough for ships to navigate. This is especially true for Russian crude oil shipments in the Baltic during the winter months. A novel design from
MSI Orders AXYS Buoy for Oil Field Development
AXYS Technologies Inc. (AXYS) has secured a contract with its Australian partner Metocean Services International Pty Ltd. (MSI), to provide and deploy a 3-meter ODAS (Ocean Data Acquisition System) buoy and a Subsurface Sentinel mooring in support of a major oil field development in Northern Australia. The systems are designed to satisfy the long term operational requirement of metocean monitoring in the field and report data in real time. AXYS’ 3-meter buoy was selected as the platform of choice for the harsh marine environment given its reputation as a reliable buoy commonly deployed in
Aker Wins its Largest U.K. Subsea Contract
Aker Solutions has won a contract worth up to $440 million to deliver the subsea production system for an oil field development in the U.K. North Sea. The delivery includes 25 subsea trees and six template manifolds. It also encompasses associated controls, wellheads and tie-in equipment for the field, which is one of the biggest projects currently under development in the U.K. North Sea. "This is the single-largest subsea contract that we've won in the U.K.," said Alan Brunnen, head of Aker Solutions' subsea business. "It further consolidates our position in the U.K., which is
UK Subsea Contract is Aker's Largest
Aker Solutions wins a contract worth up to US$ 440-million to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds. It also encompasses associated controls, wellheads and tie-in equipment for the field, which is one of the biggest projects currently under development in the UK North Sea. "This is the single-largest subsea contract that we've won in the UK," said Alan Brunnen, head of Aker Solutions' subsea business. "It further consolidates our position in the UK, which is our biggest
Huge Offshore Engineering Contract for CB&I
a project contract worth US$250-million from Korea's Daewoo Shipbuilding & Marine Engineering Co, Ltd. (DSME). CB&I's scope of work, which will commence in the first quarter, includes detailed engineering design services for the Mariner Topsides project that is part of the Mariner oil field development project being operated by Statoil in the UK North Sea. The Mariner heavy oil field is located on the East Shetland Platform of the UK North Sea, approximately 150 kilometers east of the Shetland Isles. Pending final approval of the field development plan by the UK authorities, Statoil
February 2024
