March 2012
News & Resources

Companies in the news

Companies in the news

Vol. 233 No. 3

 

COMPANIES IN THE NEWS


EDITORIAL@WORLDOIL.COM

 

Technip was awarded a 5-year contract from Petrobras for the supply of around 870 mi of flexible pipe. The contract is effective immediately and orders are estimated to be worth around  $2.1 billion. The scope of the contract includes the manufacture of over 150 types and diameters of risers, flowlines and associated equipment and accessories.


Expro has opened its new operations base in Paradise, Newfoundland, Canada.  It will support the provision of well testing, subsea and downhole video services for offshore Newfoundland.  The new base accommodates a team of 30 people, the majority of whom are local employees. There is also  a four-bay workshop with 8,400 sq ft of warehouse area, including an office annex with 6,000 ft of office space.


Shell Brasil was named the winner of the “Excellence in Project Integration” Award at the 2012 International Petroleum Technology Conference.  The award was in recognition of the significant and unique achievements made by Shell Brasil’s BC-10 Parque das Conchas Team, in successfully managing and directing an integrated oil and gas project from discovery to production, using breakthrough technology solutions.


Artificial Lift Company (ALC) successfully installed the first rigless electrical submersible pump (ESP) string in the Middle East. The installation was performed in one of Saudi Aramco’s fields and comprises of a 134-hp Rigless ESP system with a 6,000-bpd pump. The system includes the ALC’s proprietary Permanent Magnet Motors and Wet Connect system. The unit was installed at a depth of 6,119 ft and includes a downhole ESP gauge, packer and subsurface safety valve assemblies.


HB Rentals, a Superior Energy Services company, has completed a three-month project to install seven ABS/USCG building packages on a compliant tower in the Green Canyon area of the Gulf of Mexico. The package consisted of three 12-man sleepers, two eight-man sleepers with office capabilities, and an eight-man sleeper and recreation room. In addition to accommodations, HB Rentals provided stairs, platforms, slings, cords, power distribution/transformer, gas detection, VSAT communications, sewage treatment, lift pumps, pressure sets and a water manifold.


IBM has been selected for a global research project to develop the world’s first integrated environmental monitoring system aimed at helping oil and gas companies minimize the environmental impact of their operations. IBM researchers, developers and a team from IBM’s Centre of Excellence for Oil and Gas in Stavanger, Norway, are collaborating with experts from Statoil, Kongsberg Group and Det Norske Veritas (DNV) on developing a solution that will use industry frameworks, combined with advanced streaming analytics technology to enable real-time monitoring of environmental data, and early detection of, and response to, operational events surrounding offshore installations.


Sonardyne International has taken its first order for a Dynamic Positioning Inertial Navigation System.  Vantage Drilling’s new 12,000-ft, water-depth-rated drillship, Dragonquest, is set to become the first deepwater drilling unit in the world to be equipped with the new system when it begins operations in the Gulf of Mexico for Petrobras later this year.


Ulterra set a new bit record in the Granite Wash with its 12.25-in., U616M, six-blade matrix PDC bit with 16-mm cutters.  The Ulterra bit drilled 7,065 ft from surface casing, down to a depth of 8,115 ft in Roger Mills County, in western Oklahoma. The operation saved the operator an estimated $44,500 versus the closest offset, and $88,500 versus the average of five offset wells.


North Star Shipping, a division of global shipping and energy services firm, The Craig Group, has been awarded a major new contract with Talisman Energy (UK) Ltd. Under the contract, the company, which provides offshore support vessels to the industry, will build two new platform supply vessels to support Talisman’s North Sea operations. The contract, which is for five years with multiple options thereafter, will create 50 new jobs.


WorleyParsons has begun work after being awarded a front-end engineering and design (FEED) phase contract in November for the Hess Equus gas fields development project offshore Western Australia. The Equus project involves developing natural gas fields in permit area WA-390-P, about 300 km west of Karratha in the northern Carnarvon basin. Under the contract, WorleyParsons and INTECSEA will provide the design of a semisubmersible production facility, including risers and moorings.


Global NuTech has acquired 100% of the stock of Houston-based Texas Gulf Oil & Gas. The acquisition from private equity firm Corporate Strategies Merchant Bankers includes individual oilfield producing assets and options throughout the Austin Chalk and near the Eagle Ford shale play in Texas. These assets  include leases, options and  and working  interests in 19 oil wells throughout the area and additional  options to invest in wells to be drilled or re-entered in three leases identified as Tilmon, Lay and Rodenberg. 


TAM International Inc. announced that it will build a new manufacturing facility in the Houston area. Plans call for 126,000 sq ft of manufacturing space and 17,000 sq ft of office space. The facility will house up to 300 employees directly involved in the manufacturing process, which will increase capacity for the production of packers more than 40 ft long and 26 in. in diameter.


Seadrill has secured new contracts for the three jackup rigs Offshore Mischief, Offshore Defender and West Leda. The aggregated revenue potential is estimated at $311 million. Offshore Mischief has been awarded a contract by Equion Energia Limited in Colombia. West Leda has been, in association with local partner IPS, awarded a contract by ExxonMobil E&P Malaysia, Inc., for development drilling offshore Malaysia. Offshore Defender has been awarded a contract by Brunei Shell Petroleum Company for drilling offshore Brunei.

 


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