HOUSTON -- 2H Offshore, an Acteon company, has been awarded a contract by Chevron to manage a 20K production riser weld qualification testing program.
The aim of the development of 20,000 psi technology is to qualify the equipment required to develop future offshore fields with design pressures above 15,000 psi and temperatures above 250?F. These design pressure and temperature requirements result in line pipe wall thickness requirements as much as 1.9-in.... read more >>
HOUSTON -- 2H Offshore, an Acteon company, has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico.
Stampede field is operated by Hess. Enbridge plans to build, own and operate the oil export pipeline from the Stampede tension leg platform (TLP). The subsea... read more >>
HOUSTON -- 2H Offshore, an Acteon company, is adding strength to its flexible marine riser engineering capabilities by growing its teams in Aberdeen and Kuala Lumpur.
Highly experienced flexible riser engineer, Gilles Gardner, has been hired as a technical manager to support 2H’s growing flexible riser engineering service offering from the Aberdeen office. Gardner will assist the local management team in the development of 2H’s flexible riser analysis... read more >>
CHRISTINE BUURMA, STEPHEN STAPCZYNSKI and NAUREEN S. MALIK
TOKYO, Japan (Bloomberg) -- Five years ago, energy companies hungry for the next big thing started planning as many as 90 terminals to send natural gas around the globe.
Now, it seems the world only needs five more.
Consulting firm IHS Inc. says only one in every 20 projects planned are actually necessary by 2025 as weakening Asia economies, cheap coal, the return of nuclear power in Japan... read more >>
OSLO -- ABB has delivered its second power-from-shore system to Troll A, the world's largest offshore gas platform, which is operated by Statoil and located in the North Sea about 70 km west of the Kollsnes onshore gas treatment plant, outside Bergen.
As with the first system, the purpose is to power two compressors that have been fitted to the platform's topside to compensate for decreasing pressure in the reservoir. The 3,000 ton compressor modules... read more >>
ABERDEEN, United Kingdom -- Cardno’s Crossovers Limited provides a variety of equipment and services, including drill pipe crossovers, to the oil and gas sector by offering innovative rental buy back and capping options to save clients thousands of dollars, in a bid to address the current downturn in the sector.
The company is also actively sourcing equipment which is currently unavailable or obsolete but required to undertake decommissioning projects... read more >>
HOUSTON -- ABS has granted Mitsui Engineering & Shipbuilding Co. Ltd. (MES) approval in principle (AIP) for a floating production, storage and offloading (FPSO) vessel design and an epoch-making construction concept.
This work is the result of an ABS/MES joint development project that began in March 2015. The "noah-flex modular design" for the FPSO and the flexible construction procedure, "noah-flex modular construction," were granted AIP on Sept. 15.
"ABS... read more >>
CALGARY (Bloomberg) -- Canadian natural gas producers are losing more ground to U.S. competitors as an acute shortage of pipeline space is forcing them to curb growth.
Producers have been shutting in supplies this year over a capacity squeeze poised to last another few months on TransCanada Corp.’s NGTL system in Alberta, as the pipeline company undertakes inspections and repairs ordered by regulators. Less space on the 23,500-km (14,600-mi) system... read more >>
MEXICO CITY (Bloomberg) -- Mexico is sweetening the terms of its next oil-block auction in a bid to avoid a repeat of its failed earlier attempt at opening up the industry. The big question now: Is it enough?
Investors will answer that question in a sale on Wednesday of shallow-water exploration and production blocks, only the nation’s second since it nationalized its oil industry in 1938. After global energy giants Exxon Mobil Corp., Chevron Corp. and... read more >>
LONDON (Bloomberg) -- After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of choking off growth in U.S. crude output.
The nation’s production is almost back down to the level pumped in November, when the Organization of Petroleum Exporting Countries switched its strategy to focus on battering competitors and reclaiming market share. As the U.S. wilts, demand for OPEC’s crude will grow in 2015... read more >>
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