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DeepOcean Pens Long Term Charter Deal for New OSCV

Norway’s DeepOcean has entered into a contract for long term charter of an offshore support and construction vessel (OSCV) from Rem Ship AS.

 “DeepOcean is established as a leading subsea services and installation contractor in the North Sea. In order to maintain and strengthen our leading position in this market, we are currently investing in our fleet of owned and chartered vessels.” says DeepOcean AS President Mads Bardsen.

The new build is a MT6022 design, with length of 108 meters and 22 meters breadth. The vessel is scheduled for delivery in the first quarter of 2014.

In addition to the new build, DeepOcean has already chartered the Rem Forza from Rem Ship AS. The vessel will be fitted with an AHC offshore crane and two work class ROVs and associated Launch and Recovery Systems.

DeepOcean Pens Long Term Charter Deal for New OSCV| Offshore Energy Today.

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Cummins Westport Begins Developing New Gas Engine, Canada

Cummins Westport announced it has begun development on the ISB6.7 G, a mid-range 6.7 liter natural gas engine designed to meet the increasing demand for on-highway vehicles powered by lower cost, cleaner and increasingly abundant natural gas. As a leading supplier of natural gas engines, Cummins Westport Inc. continues to expand its product range to supply the growing demand for natural gas engines.

The ISB6.7 G engine will be based on the Cummins ISB6.7 diesel engine and will use Cummins Westport’s proven spark-ignited, stoichiometric cooled exhaust gas recirculation (SEGR) technology. Exhaust aftertreatment will be provided by a simple, maintenance-free three-way catalyst.

The engine will run on compressed natural gas (CNG), however, the natural gas may be stored on the vehicle in liquefied natural gas (LNG) state or as CNG. The ISB6.7 G is expected to be in production by 2015 and will be designed to meet Environmental Protection Agency (EPA) and California Air Resources Board (CARB) regulations in force at the time of launch.

“The addition of the ISB6.7 G will round out our family of high performance natural gas engines,” said Jim Arthurs, President of Cummins Westport. “It joins the 8.9-liter ISL G, with over 16,000 engines in service, and the 11.9-litre ISX12 G, which will start production in 2013, to give our customers a broad range of natural gas engines for on-highway applications.”

Cummins Westport Begins Developing New Gas Engine, Canada LNG World News.

Huisman Builds New Production Facility in Brazil

 

Huisman, specialist in lifting, drilling and subsea solutions, has announced its plans to build a new production facility in Brazil and recently initiated the land fill works. The new facility will be located alongside the river Itajai-Açu in the city of Navegantes in Santa Catarina state, a state in the southern part of Brazil bordering the Atlantic Ocean. This facility will be used for the manufacturing of construction equipment for the Brazilian offshore market.

The first investment phase includes over 15,000 square meter of production facilities. The next investment phase will include a 200m long quay side with an artificial bay to protect vessels from the seasonal river’s high currents. With the quayside in place, the Huisman do Brasil facility will be easily accessible for seagoing vessels, allowing for fast installation, commissioning and testing of the Huisman designed and built offshore construction equipment onboard. The new Huisman production facility is planned to be operational in the second half of 2013.

Subsea World News – Huisman Builds New Production Facility in Brazil.

 

Gulf of Mexico: Helix Energy Makes New Discovery

Helix Energy Solutions Group announced an oil discovery at the Danny II exploration well at the Bushwood Field located in Garden Banks Block 506, approximately 145 miles offshore from Galveston, Texas. The Danny II exploration well encountered more than 70 feet of high quality net pay.

Johnny Edwards, President of Energy Resource Technology GOM (ERT), a wholly-owned subsidiary of Helix, stated, “Preliminary data from down-hole test tools confirmed oil in the Danny II well with over 9,500 psi of bottom-hole pressure. Additional testing to determine the composition of the reservoir fluids is on-going. We will provide an update on Danny II after completion.”

The Danny II exploration well was drilled to a total depth of approximately 14,750 feet, in water depths of approximately 2,800 feet. The well is currently being completed and most likely will be developed via a subsea tie back system to the 70% owned and operated East Cameron Block 381 platform located approximately 31 miles to the north in 370 feet of water. First production from Danny II is expected in the fourth quarter of 2012.

Helix holds a 50% working interest in the exploration well jointly with Deep Gulf Energy LP (Operator) and Deep Gulf Energy II, LLC (both First Reserve Corporation and Quintana Capital backed entities), who own the other 50% working interest.

Helix Energy Solutions Group, headquartered in Houston, Texas, is an international offshore energy company that provides key life of field services to the energy market as well as to its own oil and gas business unit.

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Noble’s New Drillship Enters Three-Year Contract in GoM

Noble Corporation announced that the Company has entered into a three-year term drilling contract with Anadarko Petroleum Corporation for the Noble Bob Douglas, one of Noble’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (HHI) shipyard in Ulsan, South Korea. The drillship, which is being constructed on a fixed price basis, is expected to be utilized for operations primarily in the U.S. Gulf of Mexico.

The Noble Bob Douglas is expected to be delivered in the fourth quarter of 2013. The contract is expected to commence thereafter following mobilization to an initial operating location and client acceptance. Revenues to be generated over the three-year term are expected to total approximately $677 million. The contract also provides for an operating cost escalation provision.

The Noble Bob Douglas is one of four ultra-deepwater drillships being constructed for Noble by HHI. All four drillships are based on a Hyundai Gusto P10000 hull design, capable of operations in water depths of up to 12,000 feet and offering a variable deck load of 20,000 metric tons. The Noble Bob Douglas will be delivered fully equipped to operate in up to 10,000 feet of water while offering DP-3 station keeping, two complete six-ram BOP systems, multiple parallel activity features that improve overall well construction efficiencies and accommodations for up to 210 personnel. The rig will also be equipped with a 165-ton heave compensated construction crane to facilitate deployment of subsea production equipment, providing another level of efficiency during field development programs.

With the award of this contract for the Noble Bob Douglas, two of the Company’s four ultra-deepwater drillships under construction at HHI are now under contract. The remaining two uncontracted drillships are scheduled to be delivered from the shipyard in 2014.

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