Inpex and Shell awarded competitive FEED contracts Inpex Corporation (Inpex) from Japan and the international oil company Shell signed two contracts in parallel for the front end engineering and design (FEED) of the Abadi floating liquefied natural gas (Abadi FLNG) project in the Masela Block, offshore Indonesia. The Masela Block (more…)
Read moreTechnip and Samsung Heavy Industries won Topsides In selecting the consortium made of Technip and Samsung Heavy Industries (SHI) for the topsides of its Martin Linge project in Norway, the french international oil company, Total, awarded the main package of this $4.2 billion project. Lying by 120 meter water depth on the Norwegian (more…)
Read moreTechnip and Heerema to build and install Malikai TLP With Malikai, Shell and its partners ConocoPhillips and Petronas are on the way to install the first tension leg platform (TLP) in Malaysia. Through the joint venture Sabah Shell Petroleum Company, Shell and its partners selected the TLP solution from the conceptual study because of the (more…)
Read moreHess awarded FEED for Semi-submersible on WA-390-P Block Established in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA. Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project. Equus is part of the $6.8 (more…)
Read moreTotal align bidders for $3 billion Kaombo FPSOs. Modec, Saipem and SBM Offshore are expected to bid for the two converted FPSOs proposed by Total and its partners, ExxonMobil, Marathon, Sonangol and Galp for the development of the Kaombo offshore project in Angola. Angola, on the western coast of Africa, is one (more…)
Read moreOMV to replace ExxonMobil in Aasta Hansteen partnership with Statoil and ConocoPhillips Aasta Hansteen field was previously named Luva and is one of the largest field in the Norwegian Continental Shelf (NCS) with a development planned to cost some $5.6 billion (NOK 34 billion) of capital expenditure. Aasta Hansteen is the start of deepwater development (more…)
Read moreENI and GDF-Suez combine FEED and EPC bids to speed up Indonesian Muara Bakau development After the successfully appraisal of the Jangkrik natural gas discovery, ENI and GDF-Suez intend to speed up the development of the Muara Bakau PSC, Kutei Basin, East Kalimantan, Indonesia. Overall, in Indonesia, ENI is very active (more…)
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03
Jul
2012
“BOP”
Definition BOP is the acronym of Blow Out Preventer or Blowout Preventer. The Blow Out Preventer (BOP) is a safety equipment to prevent the well to blowout. Designed and engineered for high oil and gas pressures, it is installed on the top of the well casing to contain anything to pass (more…)
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03
Jul
2012
Shell and ExxonMobil awards Fram FPSO to SBM
SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m. These (more…)
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02
Jul
2012
Tie-Back
Definition Tie-back in the offshore oil and gas upstream activities refer to the connection of additional risers to the floating vessel or platform. Comments Originally the offshore oil and gas industry used to focus on large fields that could be explored and produced in drilling strait below the floating vessel or (more…)
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