September 2008
News & Resources

Companies in the news

InterMoor Inc., along with Murphy Sabah Oil Co. and Petronas Carigali, has installed the world’s deepest conventional mooring system. The semisubmersible rig Ocean Rover, working on the Buntal exploration well offshore Sabah, East Malaysia, was moored at depths that required two of the anchors to be set in more than 8,000 ft of water. The deepest leg of the eight-leg conventional mooring system reached 8,431 ft. InterMoor provided mooring analysis, installation procedures and installation supervision on the project. Each mooring leg, deployed using the anchor-handling vessels Normand Ivan and Normand Atlantic, consisted of a 10-metric-ton Stevpris anchor with the rig’s self-contained wire and chain. Fugro has created Fugro Gravity & Magnetic Services (FGMS) to market its gravity and magnetic capabilities for oil and gas exploration and production. The unit is the business development arm of Fugro Airborne Surveys, Fugro Ground Geophysics and Fugro Robertson (marine).
Companies 
Vol. 229 No. 9

InterMoor Inc., along with Murphy Sabah Oil Co. and Petronas Carigali, has installed the world’s deepest conventional mooring system. The semisubmersible rig Ocean Rover, working on the Buntal exploration well offshore Sabah, East Malaysia, was moored at depths that required two of the anchors to be set in more than 8,000 ft of water. The deepest leg of the eight-leg conventional mooring system reached 8,431 ft. InterMoor provided mooring analysis, installation procedures and installation supervision on the project. Each mooring leg, deployed using the anchor-handling vessels Normand Ivan and Normand Atlantic, consisted of a 10-metric-ton Stevpris anchor with the rig’s self-contained wire and chain.

Fugro has created Fugro Gravity & Magnetic Services (FGMS) to market its gravity and magnetic capabilities for oil and gas exploration and production. The unit is the business development arm of Fugro Airborne Surveys, Fugro Ground Geophysics and Fugro Robertson (marine), and will provide a full spectrum of potential field tools, including technologies such as Falcon airborne gravity gradiometry and Fugro-LCT Software.

DTI, the only company in the industry dedicated exclusively to the development of drilling and production riser tensioner systems,
has moved to a new facility in Houston. The 25,000-sq-ft plant will serve as headquarters and will accommodate DTI’s controls, assembly and testing of motion-compensation systems, as well as corporate offices.

Equipment rental specialist Seatronics Inc., an Acteon company, has opened a new calibration and cable-molding facility in Houston. The $200,000 calibration laboratory will provide sound velocity, conductivity, depth and temperature calibrations traceable to national standards.

Hydratight Ltd., a bolt-tightening and total joint integrity company, has opened two new facilities in the Caspian region. The company opened permanent offices in the old city area of Baku and Atyrau, and also signed an agreement with Denholm Zholdas (part of Denholm Oilfield Services Group in the UK), enabling the utilization of more than 1,200 technicians in Kazakhstan.

T-3 Energy Services Inc. has entered into a joint venture arrangement with Aswan International Engineering Co. LLC. Aswan, part of the Al Shirawi Group of Companies, is located in Dubai and provides manufacturing, repair and re-manufacturing of oilfield products for customers operating in the Middle East. The joint venture, called T-3 Energy Services Aswan Middle East LLC, will be operated and controlled by both parties equally. T-3 Energy will provide license and technical assistance to repair, manufacture, re-manufacture and service equipment for customers in the UAE, Kuwait, Qatar, Bahrain, Oman, Yemen, Algeria, Egypt, Pakistan and Iraq, and Aswan will provide the manufacturing space.

Weatherford International Ltd. and UK-based Petrowell Ltd. announced an exclusive manufacturing and distribution arrangement for reservoir completion technology based on the use of Radio Frequency Identification (RFID) to improve completion installation operations. The companies will develop completion tools and systems that Weatherford will then manufacture, sell and service.

Modec announced that the newly-built FSO Rang Dong MV17 has set sail for final installation offshore Vietnam. The FSO is one of six floating production projects the company is currently managing, and the first completed with Cosco (Zhoushan) Shipyard Co. Ltd. Modec will own and operate the FSO under a nine-year agreement with field operator Japan Vietnam Petroleum Co. Ltd. (JVPC). The vessel will be located in Rang Dong Field, offshore Vietnam, about 135 km from Vung Tau City. The unit has a storage capacity of 350,000 bbl and a total inlet capacity of 60,000 bpd. It will be installed in 60-m water depth and has an external turret supplied by Sofec Inc.

IHS Inc. announced the acquisition of the current inventory of digital log and raster image assets of Reservoir Visualization Inc. (RVI), an exploration and reservoir management consultancy specializing in the creation of stratigraphic framework used in oil and gas prospecting. The $4.1 million cash acquisition doubles the current IHS digital log inventory and significantly expands the company’s raster log inventory. RVI is headquartered in Humble, Texas.

Cameron has acquired the DynaTorque line of products and services from Hines Corp. The business will be now be offered through Cameron’s Flow Control division, part of the company’s Drilling & Production Systems group. DynaTorque designs, manufactures and sells manual gear operators, overrides, components, accessories and specialty products. The company has a manufacturing plant in Muskegon, Michigan.

Frank’s Casing Crew, along with ExxonMobil, has set an industry record on the 135/8-in. casing job on the Julia-2 well in the Gulf of Mexico. The well was drilled to 24,599 ft, and the casing string was run to 24,500 ft in 7,211 ft of water. The 17,294-ft of 88.2-ppf SLX casing string was run on 7,211 ft of 65/8-in. H, 57.87-ppf, Z140 landing string at a total combined buoyed drill pipe and casing weight of 1.76 million lb. After successfully cementing the 135/8-in. casing, drilling operations in the 12¼-in. hole selection continued. It is the heaviest casing string run from a floating drilling rig for ExxonMobil as well as being an industry world record.

Intec Engineering and WorleyParsons Sea announce the merger of their companies into a new entity called IntecSea. Intec Engineering was acquired by WorleyParsons in April. As a result of the transition, the companies have elected to combine full deepwater, subsea, pipeline and floating production capability into a single entity. IntecSea will be a global business unit within the WorleyParsons Group. Intec’s Ed Smith will serve as CEO and Sea’s Pieter Wybro will serve as Deputy CEO.

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