Olympus hull sets sail for Shell

The hull of Shell's new tension-leg platform has begun its journey to the Gulf of Mexico as the Anglo-Dutch supermajor prepares to take the next steps in its plan to expand deep-water development in the prolific Mars field. Read More Source: Upstreamonl...

Posted on 11/28/2012 / 0 comments / Read More

ONGC pushes back jack-up tender

India’s state-owned Oil & Natural Gas Corporation (ONGC) has delayed the $200 million-plus tender involving conversion of its jack-up rig Sagar Pragati into a mobile offshore production unit (Mopu) by close to two months. Sources close to the tendering process said that the bid submission...

Posted on 11/28/2012 / 1 comments / Read More

Dockwise Vanguard prepares to set sail

Dockwise's brand new 275-metre-long heavy lift vessel Dockwise Vanguard is due to begin service by the end of the year. The Dutch company is holding a vessel naming ceremony at Hyundai Heavy Industries in South Korea on 29 November. The giant ship is the largest in Dockwise's fleet. Read More Source:...

Posted on 11/28/2012 / 0 comments / Read More

COOEC links with Petrofac to chase Dorra

Chinese fabricator Offshore Oil Engineering Company (COOEC) has formed a partnership with UK-listed Petrofac to jointly bid for the engineering, procurement, construction and installation (EPCI) contract for developing the offshore Dorra non-associated gas field in the neutral zone between Saudi...

Posted on 11/28/2012 / 0 comments / Read More

Boskalis Becomes Largest Shareholder in Dockwise

Royal Boskalis Westminster N.V. has announced that it currently holds a 33.0% stake in the Dutch heavy lift and transportation company Dockwise. As a result, Boskalis is now the largest shareholder in Dockwise. Boskalis on Monday announced its intention to acquire Dockwise for a total consideration...

Posted on 11/28/2012 / 0 comments / Read More

Competition heats up for Upper Zakum expansion

Bidders for the $4 billion Upper Zakum (UZ 750) oilfield expansion project are squaring off for what could be a sharp fight as the Abu Dhabi client considers its options following commercial tenders giving a South Korean contractor the edge. The client Zakum Development Company (Zadco) is “not...

Posted on 11/23/2012 / 0 comments / Read More

Waiting game for Browse contract rivals

Rivals for the major turnkey contracts for the Browse liquefied natural gas project in Western Australia have each put their bids forward and now await the final decisions of operator Woodside Petroleum. It is understood that commercial and technical clarifications...

Posted on 11/23/2012 / 0 comments / Read More

Mariner and Bressay bids under evaluation

Statoil expects to make a significant step forward with its Mariner and Bressay heavy oil developments in the UK North Sea by the end of this year. Bids for Engineering Procurement and Construction of the major surface facilities at Mariner are now with Statoil and are under evaluation. And...

Posted on 11/23/2012 / 1 comments / Read More