FMC Wins Order for Troll B Gas Injection Project

Wednesday, July 02, 2008   FMC Technologies has received an award from StatoilHydro to supply subsea equipment for its Troll B gas injection project in the Norwegian North Sea.
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New Discoveries
Lundin Makes Major Oil Discovery in the Caspian Sea
Thursday, July 03, 2008   Lundin Petroleum has made a major oil discovery in the Russian sector of the Caspian Sea with its Morskaya-1 exploration well.

Oilexco Flies High with Moth Discovery
Friday, June 27, 2008   Located in the UK Central North Sea in Block 23/21, Moth is a significant dual zone oil and gas-condensate discovery.

Talisman Stumbles on Minor Discovery in North Sea's Varg Field
Thursday, June 26, 2008   Talisman Energy, along with joint venture partners Petoro and Det norske, has made a minor, ancillary discovery of oil in Production License 038 in the Varg oilfield in the North Sea, NPD and Det norske reported.

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Project Updates
CNOOC Begins Trial Production at WenChang
Wednesday, July 02, 2008   CNOOC reports that the Wen 19-1, WenChang (Wen) oil fields have successfully started the trial production stage. Currently, seven wells from the fields can produce approximately 14,000 barrels of oil per day.

Perdido Truss Spar Safely Delivered by the Mighty Servant 1
Wednesday, July 02, 2008   Dockwise announced that the Perdido Truss Spar was safely delivered by the semi-submersible vessel Mighty Servant 1 on Friday June 27, 2008. The Spar was skidded on board the vessel on May 19, 2008 in Pori, Finland and has been transported to Texas.

StatoilHydro Starts Production from Oseberg Delta and Theta Cook
Monday, June 30, 2008   Oseberg Delta came on stream on Friday June 27, whereas production from Theta Cook started on June 26. In combination they will produce some 18,000 barrels of oil equivalent per day.

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Contract Awards
Subsea 7 Snags Major Contract for Development in West Africa
Thursday, July 03, 2008   Subsea 7 has been awarded its largest contract to date in Africa. The contract, valued at $460 million, is a framework agreement with call-off services in support of a major development program in offshore West Africa.

Havila Signs on to Build New Subsea Construction Vessel
Thursday, July 03, 2008   Havila Shipping has entered into a contract with Havyard Leirvik AS to build a large Subsea Construction vessel, the Havyard 860. The contract is valued at NOK 1.5 million, and delivery is slated for 2011.

FMC Wins Order for Troll B Gas Injection Project
Wednesday, July 02, 2008   FMC Technologies has received an award from StatoilHydro to supply subsea equipment for its Troll B gas injection project in the Norwegian North Sea.

more Contract Awards news...  

Company News
PRESENS Inks Deal with FMC to Supply Breakthrough Transmitters
Thursday, July 03, 2008   PRESENS was awarded a frame agreement with FMC Technologies to supply pressure and temperature transmitters to their subsea production trees. The contract is estimated to be worth between 100 and 125 million NOK over five years.

CNOOC Begins Trial Production at WenChang
Wednesday, July 02, 2008   CNOOC reports that the Wen 19-1, WenChang (Wen) oil fields have successfully started the trial production stage. Currently, seven wells from the fields can produce approximately 14,000 barrels of oil per day.

InterAct PMTI Appoints Spincic and Wainright
Wednesday, July 02, 2008   Acteon's InterAct PMTI has appointed Wes J. Spincic as VP of well operations and intervention and Andrew Wainright as project manager for offshore and subsea construction, installation and decommissioning projects.

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Shell Makes Reservoir Breakthrough with Wellhead 'USB Port'
  from Cameron

Cameron reported recently that Shell UK Limited in June 2008 successfully installed the first of three Cameron subsea MARS (Multiple Application Re-injection System) interfaces on its Bittern field in the North Sea.
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Aker Solutions: Bullish On Subsea Asia-Pacific
  from Aker Solutions
Aker Solutions recently opened up a new operations base in Perth, Australia. The move further positions the company for the expected subsea boom in the fast-growing Asia-Pacific region.

Dresser-Rand To Boost Testing for Compressor-Separator Tech
  from Dresser-Rand Group Inc.
Dresser-Rand Group Inc. will make two investments at its Olean, N.Y., location, which is home to the company's largest manufacturing facility.

TSMarine Marks Rigless Subsea Well Intervention Milestone
  from TSMarine
TSMarine has successfully completed phase one of its rigless intervention activity on Woodside's Vincent project, offshore Western Australia. This marks the first ever fully integrated rigless subsea well intervention project in Asia Pacific.

Aker Solutions Offers 'One-stop Shop' for Subsea Production
  from Aker Solutions
Aker Solutions recently announced that it has started up a new facility for production of buoyancy modules for deepwater marine drilling risers at the company's hi-tech subsea manufacturing center in Malaysia.

Subsea Sector Deserves Role In UK Oil & Gas Talks - Trade Group
  from Subsea UK
Subsea UK is calling on British Prime Minister Gordon Brown to involve the subsea sector in his talks with the oil and gas industry.

Lewis, Grenland Form Well Intervention Alliance
  from Grenland Group ASA
Aberdeen-based subsea engineering consultancy Lewis Ltd has signed a Memorandum of Understanding with Norwegian marine engineering giant Grenland Group ASA to create a groundbreaking non-exclusive strategic alliance.

Public-Private Research Initiative Focuses On Ultra-Deepwater
  from Research Partnership to Secure Energy for America
The Research Partnership to Secure Energy for America (RPSEA) recently announced that eight proposals have been selected for negotiations leading to an award under the Ultra-Deepwater (UDW) Program.

FMC's Enhanced Vertical Deepwater Tree Gets Recognition
  from FMC Technologies, Inc.
FMC Technologies, Inc. was presented with a 2008 Spotlight on New Technology Award during a ceremony held May 5 at the 2008 Offshore Technology Conference (OTC) in Houston.

New JV To Transfer Turret-based Know-how To FPSO Market
  from Scana Industrier ASA
Scana Industrier ASA and FPSOcean AS have agreed to establish a new company that will focus on developing technology and equipment for floating production units.

NPD: Good Dvlpmnt in Risk Level 2007, but Several Serious Incidents
  by from Norwegian Petroleum Directorate
The Norwegian Petroleum Directorate reported that the number of incidents on the Norwegian Shelf with a major accident potential showed a decline in 2007.

Oil & Gas UK: New Medical Guidelines to Keep More People Working
  by from Oil & Gas UK
Oil & Gas UK published its revised medical guidelines which set out good practice for assessing the health of those working or intending to work offshore in the UK.

Hayward Tyler Successfully Tests World's Largest Subsea Motor
  from Hayward Tyler Ltd.
Hayward Tyler Ltd, a leading manufacturer of pumps and motors for the power and oil and gas industries, has announced that the largest subsea motor ever built has been successfully tested.