Premier Oil News

Photo: Ocean Power Technologies

OPT Announces PB3 PowerBuoy Contracts

monitoring, surveillance, subsea charging and connectivity for the offshore oil and gas industry, science and research, and telecommunications markets.OPT’s contracts with EGP follow closely on the heels of the company’s successful PB3 PowerBuoy deployment in the Central North Sea for Premier Oil in August of this year

(Photo: OPT)

Premier Oil Testing PB3 PowerBuoy in the North Sea

US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil at the Huntington field in the UK sector of the central North Sea.During the deployment, Premier will demonstrate the PB3 PowerBuoy capabilities, its ability to monitor the local environment and alert ships of the field’s safety zone as a potential solution to help with their future decommissioning related operations, OPT said.This deployment begins a nine

Saipem’s Hydrone R – in the flesh and ready for real world testing. Image from Saipem.

MTR100: Five "Ones to Watch"

– “acoustic, optical, or whatever the market will bring” – are in now the market. “It’s just a matter of integrating them.” Then, it’s just a case of integrating them.OPT: Powering autonomyReady for offshore deployment, the PowerBuoy destined to work for Premier Oil. Image from OPT.In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company ENI.An OPT PB3 PowerBuoy® was

Stuart Cameron, managing director, Tim Sheehan, Business Development Director and Dax Edgly, Assets, Operations and Engineering Manager (Photo: Boskalis Subsea Services)

Boskalis Nets $126 Mln Subsea Contracts

North Sea over the last six months that are worth more than £100 million ($126 million) combined. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy, a scale squeeze scope for Premier Oil’s Huntington field.As a result of these contracts, the Aberdeen-headquartered company has created around 30 new jobs since February, bringing its total workforce in the Granite City up to more than 80. The team has booked 750 vessel days with the company's bespoke dive support vessels

OPT, Acteon Exploring Joint Opportunites

solutions, coupled with its global network of facilities, personnel and market positioning, can provide significant value to our customers,” said George H. Kirby, President and Chief Executive Officer of OPT.The companies are currently collaborating on an Exclusion Zone Monitoring project for Premier Oil in the Central North Sea. The project will include the deployment of OPT’s PowerBuoy system, and surveillance and monitoring technology and a turnkey mooring and deployment solution provided respectively by Acteon operating companies Pulse Structural Monitoring and InterMoor.Tim Martin,

Mike Arnold (Photo: M2 Subsea)

M2 Subsea Wins Premier Oil Contract

Remotely operated vehicle (ROV) services provider M2 Subsea has said it has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).M2 Subsea, which has bases in Aberdeen and Houston, will carry out the 2018 inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template.The Balmoral is a purpose built semi-submersible FPV which is situated in the Balmoral field, block 16/21a and 16/21b of the central North Sea.  The work scope will be carried out by M2 Subsea’s Mohican ROV at a depth of 140m. The Mohican

(Photo: The Underwater Centre)

Closed Bell Diving Courses Relaunched at The Underwater Centre

as key to maintaining the U.K.’s ability to train closed bell divers and underlines confidence that demand for saturation divers will grow as the energy sector continues to recover from the global downturn.Industry and public bodies including Oil & Gas UK, Subsea UK, Subsea 7, TechnipFMC, Premier Oil and Highlands and Islands Enterprise (HIE) recently collaborated to support The Underwater Centre and ensure its future success.Located in Fort William in the Scottish Highlands, the company now operates as a not-for-profit company limited by guarantee and is funded and supported by its members

(Photo: The Underwater Centre)

The Underwater Centre Under New Ownership

The Underwater Centre, a subsea training and trials center located in the Scottish Highlands, has turned a corner after receiving industry support to secure its future.Industry and public bodies including Oil & Gas UK, Subsea 7, TechnipFMC, Premier Oil and Highlands and Islands Enterprise (HIE) have collaborated to support The Underwater Centre and ensure that the industry continues to have access to critical, world-leading underwater training and can undertake vital subsea equipment trials.The company will now operate as a not-for-profit company limited by guarantee, which will be funded and

PB3 PowerBuoy (Photo: OPT)

Premier Oil Looking into PB3 PowerBuoy

Premier Oil inks contract to study the use of the PB3 PowerBuoy for offshore decommissioning operations   Ocean Power Technologies, Inc. (OPT) said it has signed an agreement with an international oil and gas company Premier Oil to conduct a three-month study into the feasibility of using OPT’s PB3 PowerBuoy for decommissioning operations in the North Sea.   The PB3 PowerBuoy uses ocean waves to provide clean, reliable and persistent electric power and real-time communications for remote offshore applications.   The contract outlines work that will determine the viability of

Photo: Proserv

Proserv Secures Decommissioning Work in Asia Pacific

Energy services company Proserv has been awarded a series of contracts worth around $4m for its well severance, platform and FPSO decommissioning services in the Asia Pacific region. The contracts have been awarded by Premier Oil in Indonesia; Chevron, through Baker Hughes, in the Gulf of Thailand; BHP, through Fugro, in Western Australia and by PCPP Operating Company, through Sapura Technology Solutions Sdn Bhd in Malaysia.   As part of the project work-scopes, Proserv will provide abrasive cutting, cold cutting and dredging services using its wide portfolio of field-proven products and

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