May 2012
News & Resources

Companies in the news

Companies in the news

Vol. 233 No. 5





TDW Offshore Services has completed a pipeline pressure isolation operation in Qatar on behalf of a major supplier of LNG. The operation took place at the customer’s LNG complex in Qatar.  Natural gas is transported from platforms offshore Qatar through seven LNG trains to this complex. To facilitate replacement of a defective emergency shutdown valve on a primary export line, pressure isolation services were required.  The 38-in. pipeline runs from two wellheads in the offshore gas condensate field to the onshore LNG processing facility.

Keppel Shipyard has secured FPSO upgrading projects from its long-term partners, SBM Offshore and Bumi Armada Berhad. The first project is from SBM Offshore to refurbish and upgrade an existing vessel, FPSO Xikomba. Work on this unit is expected to be completed by third-quarter 2013. Keppel Shipyard’s second project is to modify and upgrade Bumi Armada’s FPSO Armada Claire. This includes refurbishment and life extension works as well as installation and integration of topside modules. Work should begin in third-quarter 2012, and complete in fourth-quarter 2013.

Seatronics, an Acteon company, has placed a major order for subsea acoustic positioning hardware with Sonadyne. The equipment will be added to Seatronic’s equipment pool in Aberdeen, UK, from where it will be made available for use on projects across Europe and Africa. The order is for a consignment of Sonardyne’s subsea positioning and data telemetry transponder, the Compatt 6.

GulfStar Group announced the majority recapitalization of Sharewell by White Deer Energy L.P. Sharewell provides directional services, equipment and technology to the oil and gas industry, offering complete, project-specific, directional and performance drilling systems from one source.  Sharewell’s proprietary Electro-Trac EM MWD System is suited to facilitate measurement-while-drilling, well-logging  and other real-time downhole operations associated with oil and gas exploration. The company employs this technology in providing directional drilling services.

Technip has been awarded a subsea contract by Chevron Australia for the Wheatstone development, one of Australia’s largest resource projects. The contract covers development of the Wheatstone and Iago fields located in the Carnarvon basin, offshore northwestern Australia. Technip’s operating center in Perth will manage the overall project, with engineering to commence immediately. Pipe-lay and construction vessels from the Technip fleet will be used for the offshore campaign, including the Deep Orient and Global 1201, with completion scheduled in 2015.

Oceaneering International has secured a contract from Petrobras to supply around 85 mi of thermoplastic production control umbilicals for the Whales Park field development project offshore Brazil in the Espirito Santo basin.  This contract has added $70 million to Oceaneering’s subsea products backlog.  Product manufacturing is planned to take place at Oceaneering’s plant in Niteroi, Brazil, and is expected to commence in fourth-quarter 2012 and be completed in fourth-quarter 2014.




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