May 2019
News & Resources

Companies in the news

Well-Safe Solutions has agreed to acquire the Ocean Guardian semisubmersible drilling unit from Diamond Offshore.
Emily Querubin / World Oil

Well-Safe Solutions has agreed to acquire the Ocean Guardian semisubmersible drilling unit from Diamond Offshore. The asset reportedly has been committed to regions of the North Sea, where it has drilled hundreds of wells since entering service in 1985. The company says it will invest up to $100 million to upgrade the semisubmersible and convert it into a bespoke P&A unit. Upgrades will include installing a dive system and the capability to deploy a subsea intervention lubricator. It ultimately will be renamed the Well-Safe Guardian.

BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to McDermott International and BHGE for the Greater Tortue Ahmeyim natural gas project, situated offshore Mauritania and Senegal. BHGE will provide five large-bore deepwater horizontal Xmas trees, a six-slot dual-bore manifold, a pipeline end manifold, subsea distribution units, three subsea isolation valves, diverless connections and subsea production control systems. These items are designed specifically to enable future integration of additional wells for the first phase of the development. Likewise, McDermott will use its upgraded Amazonvessel, and DLV 2000, North Ocean 102 and third-party vessels, to support installation, which is scheduled to begin in late 2020. 

Oceaneering International, Inc., has secured a contract renewal from Equinor for the provision of maintenance, reliability and integrity management. Under terms of the contract, which has been extended until December 2020, Oceaneering will provide support to the company’s onshore and offshore facilities in Norway. It will develop maintenance programs and procedures, including full maintenance build, advisory and analysis capability, as well as digitalization and visualization support. In addition to asset integrity, the company reportedly will provide ROVs, integrated subsea tooling, engineering and new technology solutions. 

Danos has secured a significant contract with an independent E&P company in Texas. According to the company, the project will leverage its Amelia Integrated Services Complex to fabricate piping and structural components, which will then be shipped to the installation site in Midland, Texas, for assembly and construction of a central tank battery. The three-month project will utilize several of Danos’ service lines, including fabrication, project management, construction, automation, coatings and scaffolding. 

Block Energy, an E&P company with focused efforts in the Republic of Georgia, has increased its working interest in the West Rustavi License to 100%. The company acquired operatorship and the additional interest, which previously was 25%, from Georgian Oil and Gas Limited. West Rustavi is said to hold an estimated 38 MMbbl of gross contingent oil resources. Block Energy’s interest in the license is held via its 100% owned subsidiary, Georgia New Ventures, Inc. 

Proserv has announced the sale of its worldwide drilling services business, formerly known as TIC, to C-Automation, Inc., a manufacturing and field services provider specializing in pressure control systems. As part of the sale agreement, Proserv and C-Automation will work together to provide their customers with shared products and services. Proserv will supply its drilling controls products, while C-Automation will provide welding, electrical, piping, flushing and tubing services. As a result of the acquisition, the company reportedly will more than double its staff of service technicians and significantly broaden its customer base. 

Centurion Group has acquired Tango Delta Rentals, expanding its drilling, completions and production (DCP) segment. Operating in the Western Canadian sedimentary basin, Tango Delta provides a range of remote communication offerings, including cell tower technologies, remote Internet equipment, as well as radio and satellite communication solutions for the Canadian energy services industry. 

Forum Subsea Technologies has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class ROVs. DOF Subsea reportedly plans to deploy the vehicles onto three of its ROV support vessels at recently awarded projects in Brazil. The ROVs are the first of their kind to be delivered to the market. They are powered by a capable, work-class performance 150-hp main and auxiliary hydraulic system, which reportedly provides added thrust.

ADNOC Drilling, an Abu Dhabi National Oil Company (ADNOC) subsidiary, has completed its first fully integrated drilling services well at Al Dabbyia onshore field, in the Al Dhafra region of the Abu Dhabi Emirate. The well reportedly was the first to be drilled in a fully integrated way, delivering on a recent partnership with BHGE. It was completed ahead of schedule and within budget, achieving a best-in-class performance in terms of drilling efficiency, according to the company. 

Innovo has completed an EPCC contract for Romanian oil and gas operator OMV Petrom. The company partnered with Petroconst SA to install a new platform crane and decommission a further two cranes in the Black Sea’s Istria Block. The companies combined their engineering and construction capabilities to execute the project on time, and with no lost time incidents. According to Innovo, the project was challenging, and involved both onshore studies and offshore work, which equated to more than 35,000 man-hours.

Weir Oil & Gas has signed an MOU with the Azerbaijan State Oil and Industry University (ASOIU), a non-profit institution of higher education. Under terms of the agreement, Weir will share its oil and gas expertise via ASOUI workshops, seminars, joint projects and internship programs, which will be focused primarily on the technologies and products utilized in oilfield machinery and rotating machinery. The workshops offered reportedly will involve the hands-on training of students in assembly, repair, inspecting and testing of equipment, as well as seminars on design, operation and testing of specific equipment to bridge the gap between theory and practice.

About the Authors
Emily Querubin
World Oil
Emily Querubin
Related Articles
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.