Daily Archives: January 3, 2012
By Mia Lamar
The purchase of Go-Coil LLC, whose services are aimed at oil and gas exploration and production companies, helps boost Pioneer’s offerings in its production services division, noted Chief Executive Wm. Stacy Locke.
“After studying coiled tubing for the past couple of years, we believe this new service offering has expansion opportunities as well as cross-selling opportunities with our existing business,” Locke said.
Pioneer, which provides contract land drilling services to oil and gas operators, in November reported it swung to a third-quarter profit with help from a 38% jump in revenue.
Shares closed Friday at $9.68 and were inactive in premarket trade. The stock is up 51% in the past three months.
Yukon Pacific is no longer planning to export LNG from the North Slope of Alaska.
Rachael Meredith in London 03 January 2012 11:44 GMT
The US Department of Energy has vacated an earlier order to allow the outfit to export up to 350 million tonnes of LNG for a 25 year term.
Yukon said it is no longer pursuing efforts to export LNG and “is in the process of concluding its business affairs”.
The company first received consent to ship LNG from Alaska in 1989. It had planned to build a gas pipeline parallel to the trans-Alaska oil pipeline, with the option of constructing an LNG facility at Valdez.
- Lithuania: Cheniere Eyes LNG Exports by 2015 (mb50.wordpress.com)
- USA: Sempra to Pursue Tolling Fee for Cameron LNG Export Scheme (mb50.wordpress.com)
- USA: Jordan Cove Files for LNG Export Permit (mb50.wordpress.com)
- ExxonMobil Eyes North American LNG Exports (mb50.wordpress.com)
- Angola LNG Looks to Sell Liquefied Natural Gas to Non-U.S. Buyers (mb50.wordpress.com)
- DOE to halt issuing LNG export licenses (mb50.wordpress.com)
- USA: Cheniere Plans Corpus Christi LNG Export Terminal (mb50.wordpress.com)
FMC Technologies, Inc. has exercised its purchase option for the remaining 55% of outstanding shares of Schilling Robotics LLC (“Schilling”).
FMC purchased its existing 45% interest in Schilling and obtained the purchase option in 2008.
Schilling is a leading producer of remotely operated vehicles (“ROVs”), ROV manipulator systems, control systems and other high-technology equipment and services for oil and gas subsea exploration and production. FMC and Schilling have collaborated on a variety of projects and technology advances over the past three years, including an innovative control system for Petrobras’ Congro/Corvina project that will use subsea robotics technology to operate the manifold and separation station valves.
“We are pleased that Schilling will become part of FMC,” said John Gremp, Chairman, President and CEO of FMC Technologies. “Their technologies will help us develop additional solutions to further strengthen our subsea leadership position.”
Tyler Schilling, Chairman and President of Schilling, added, “Since partnering with FMC in 2008, we have expanded our global presence and participated in some of the industry’s most innovative projects. Our employees are excited about joining FMC and the future opportunities that exist to develop subsea technologies for our customers.”
- UK: Subsea 7 Selects Schilling Robotics’ ROVs to Support its Offshore Operations
- USA: Global Industries Orders New Schilling UHD ROV
- Norway: DOF Subsea Expands its Fleet with Two Schilling Robotics’ ROVs
- USA: Schilling Robotics’ ROV Earns Prestigious Award
- USA: Schilling Robotics and Gregg Marine Successfully Complete Field Testing on New Seafloor Drill
- USA: FMC Technologies Wins Subsea Systems Contract from LLOG – Who Dat project (mb50.wordpress.com)
- USA: FMC Technologies Inks Global Alliance Agreement with Anadarko Petroleum (mb50.wordpress.com)
- Shell Perdido: The first full field subsea separation and pumping system in the Gulf of Mexico. (video) (mb50.wordpress.com)
- Worldwide: Project Field Development News (mb50.wordpress.com)
Aquaterra has successfully installed a ‘world first’ 10,000psi rated, 20” I.D. full bore drilling riser for Apache North Sea.
The unique High Pressure Riser System was designed specifically for Apache North Sea to drill three subsea wells on the Bacchus field from the Rowan Gorilla VII. The installation marks the first Riser System of this kind to be run worldwide.
Aquaterra Energy built on the success of their 5,000psi Riser System, using Merlin Connectors developed by Oil States Industries (UK) Ltd to produce a higher capacity, 10,000psi system in conjunction with Oil States. The 10k System is a ‘world first’ as never before have Merlin connectors been used at this size or pressure, for this application. To cope with the increased pressure and anticipated loads, the joints were fully forged with a wall thickness of 2 ½” and the overall dimensions of the Merlin Connector were increased greatly. The Merlin Connector significantly increases running speed and improves the efficiency of operations when compared to standard flanged alternatives. With a unique service agreement in place with Oil States Industries, Aquaterra Energy is the only service company providing this exclusive rental system to the market.
High Pressure Drilling Riser specialists, Aquaterra Energy, offered a full scope of supply to Apache North Sea ranging from Riser Analysis to offshore installation. Aquaterra’s dedicated in-house team of Drilling Riser Engineers provided design engineering, project management, operational expertise and managed the delivery of the riser system as well as offshore installation
Aquaterra Senior Project Engineer, Stuart Dockree managed the project and commented, “The overall project was extremely interesting with many engineering and operational planning challenges throughout, which required continued focus from the project team. Speaking on behalf of that team, we have all been delighted to be involved with this significant ‘world first, full bore 10k Merlin riser system’ project which has further strengthened our riser team and product lines as clear market leaders for High Pressure Riser Systems.”
Aquaterra Project Engineer, James Head, who supervised the Riser installation on the Rowan Gorilla VII said, “A positive working relationship and excellent communications between Aquaterra Energy and Apache North Sea throughout the offshore operation ensured that the Riser System was installed to plan. The operation went smoothly as all parties pulled together to ensure a successful outcome.”
- UK: Aquaterra Energy to Supply HP Drilling Riser to Global Operator
- Oil States Awarded Contracts by FloaTEC Totaling $29 Million for Tendon Mooring Equipment for TLP in Brazil
- UK: Expro Secures New Subsea Connector Systems Contract
- Expro Clinches Subsea Connections Contract in Brazil
- USA: Oil States Industries Launch Enhanced FlexJoint(R) Riser Connector Technology
- Norway: North Sea Giant Stays with Technip (mb50.wordpress.com)
- Re-inventing subsea intervention to keep economics above water (mb50.wordpress.com)
- Norway: Subsea 7 Charters Island Intervention Vessel (mb50.wordpress.com)
- UK: Talisman Selects Helix Well Ops for Subsea Works on Its Assets (mb50.wordpress.com)
- Well Enhancer en route to Africa for region’s first LWI project (mb50.wordpress.com)
- Statoil: Riserless light well intervention (mb50.wordpress.com)
- Norway: Aker Solutions to Supply Production Equipment for Brynhild Project (mb50.wordpress.com)
- Subsea:The Riserless Light Well Intervention – (Video) (mb50.wordpress.com)