Offshore

Jacking gears are by definition the most characteristic systems of self-elevating units and jack-ups. However, this gear remains often neglected on board, with a high potential for dire consequences.

In mid-December, a retired jack-up drilling rig under tow from Fourchon, LA to be dismantled in Texas began taking on water. Despite being in an area of heavy marine activity in the Gulf of Mexico, the tow captain maneuvered the sinking rig into a little-used section of the Vermillion leasing block where the seas finally washed over the main deck and forced the rig to the ocean floor.

Mokveld has been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project.

Natural gas from a large offshore field is flowing into Israel, “an important step toward energy independence,” said Prime Minister Benjamin Netanyahu. The gas, located in Tamar reservoir, was discovered in the Mediterranean Sea in 2009. It ships to a terminal in the port of Ashdod.

Increasing gas demand, coupled with the requirement for short- to medium-term import solutions, has seen the floating regasification sector experience rapid growth in recent years. The industry has grown from the Gulf Gateway unit (2005-2012) to ten operational vessels in 2012. Similarly, the floating liquefaction market is gaining traction with the first base load FLNG liquefaction terminal due onstream in 2016.

The UK oil and gas sector could create more than 34,000 new jobs within the next two years according to research from Lloyds Banking Group. However, the bank added that a skills shortage in the sector remains its biggest challenge.

As the distance of large-scale offshore tie-backs continue to extend, this presents fresh challenges in terms of pipeline design. As pipelines and flowlines are custom-designed, this provides opportunities for re-thinking during the concept, front-end and pre-feed stages of a project. This early investment in overall system design will help avoid nominal design ratings and “standard” designs – which can result in over design - a problem which is all too common.

The worldwide financial crisis and subsequent recession, shale gas implications on U.S. natural gas prices and the aftermath of the Macondo incident have led to significant changes in the outlook for the U.S. Gulf of Mexico. Despite those obstacles, Quest Offshore's latest market report, Quest Deepwater Review: Gulf of Mexico, predicts a bright future for the GOM with a pronounced recovery expected in all major market segments from drilling to subsea, floating production and marine construction.

Statoil and its partners have chosen a concept for the Skrugard development in the Barents Sea that includes a floating production unit with a pipeline to shore and a terminal for oil from the Skrugard field at Veidnes outside Honningsvåg in Finnmark.
Statoil’s Øystein Michelsen, executive vice president for Development and Production Norway (DPN), said the field is scheduled to come on stream in 2018.

Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, has finalized an agreement with EDF Trading and Exmar NV to pursue LNG export opportunities in North America using offshore, barge-mounted natural gas liquefaction facilities developed by Exmar, Wison and Black & Veatch.

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