Balltec Clinches Tubular Bells Gig

Balltec Ltd, Morecambe,UK, has been contracted by Houston Offshore to supply and install 10 off MoorLOK subsea mooring connectors for the Tubular Bells project, located in the Mississippi Canyon area of the Gulf of Mexico.

The contract covers the manufacture of 10 off 15,000kN MoorLOK connectors for the mooring of the Williams floating production system (FPS), Gulfstar GS1 on the Tubular Bells field at a water depth of 4,500 feet. The connectors will be manufactured in accordance with the ABS Guide for the Certification of Offshore Mooring Chain, 2009, and are due to be installed during the first half of 2013.

Sales and Marketing Director at Balltec Ltd Martin Bell said:

"Balltec is proud to have been awarded this significant mooring connector contract. The Tubular Bells project has been under development for some time and we are very much looking forward to working with Houston Offshore Engineering and Williams to play our part in bringing this project to first oil."

Managing Director at Balltec Ltd Russell Benson said:

"The award of the Tubular Bells mooring connector package is another significant contract gain in 2012. With Tubular Bells and several other projects due to be completed next year as well as new products ready to be launched, 2013 is going to be another exciting year for Balltec."

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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ProSep Clinches Gulf of Mexico Contract

ProSep Inc. announced Tuesday it was awarded a contract for the supply of a produced water treatment system valued at approximately $1.3 million, for installation on a floating production storage and offloading (FPSO) vessel that will operate in a deep-water field in the Gulf of Mexico. The equipment is expected to be delivered during the first half of 2014.

"ProSep offers one of the industry's most advanced portfolio of solutions for the treatment of produced water. Our equipment is specifically designed to operate under the strictest operating and environmental standards, a key value proposition for oil and gas companies," said Jacques L. Drouin, president & CEO.

The solution provided consists of an induced gas flotation unit (IGFU) which recovers oil and reconditions produced water for overboard discharge or re-injection. ProSep's IGFU design delivers high efficiency removal of oil and solids with a separation efficiency of up to 98%, allowing the customer to meet stringent Gulf of Mexico specifications.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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ProSep Clinches Gulf of Mexico Contract

ProSep Inc. announced Tuesday it was awarded a contract for the supply of a produced water treatment system valued at approximately $1.3 million, for installation on a floating production storage and offloading (FPSO) vessel that will operate in a deep-water field in the Gulf of Mexico. The equipment is expected to be delivered during the first half of 2014.

"ProSep offers one of the industry's most advanced portfolio of solutions for the treatment of produced water. Our equipment is specifically designed to operate under the strictest operating and environmental standards, a key value proposition for oil and gas companies," said Jacques L. Drouin, president & CEO.

The solution provided consists of an induced gas flotation unit (IGFU) which recovers oil and reconditions produced water for overboard discharge or re-injection. ProSep's IGFU design delivers high efficiency removal of oil and solids with a separation efficiency of up to 98%, allowing the customer to meet stringent Gulf of Mexico specifications.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

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XPD8 Clinches Work, Expands Workforce

Aberdeen-based XPD8 Solutions has reported a strong start to 2013 after its condition monitoring team secured work worth more than $3 million (GBP 2 million) and announced plans to expand its workforce.

The company, which specializes in the management of maintenance systems for oil and gas producing assets, has been awarded contracts to deliver further condition monitoring support to CNR, Wood Group PSN and Hess over the next three years.

XPD8 currently has a full order book and to prepare for future growth the company will create 18 positions across all departments during the year.

The contract to provide condition monitoring services to CNR's platforms in the North Sea will see XPD8 maintain its existing links with the operator stretching back more than five years.

Work is also to take place for Wood Group PSN on Dana's Triton Platform in the North Sea and with Hess in Equatorial Guinea.

In supplying condition monitoring services, XPD8 provides oil and gas companies with computerized systems which identify the requirement for maintenance on their assets. This increases the reliability and safety of equipment and highlights where and when repairs need to be made.

The announcement follows a strong 2012 for XPD8's condition monitoring team when the organization acquired another condition monitoring department and expanded by one third. The team now represents a third of XPD8's workforce of 45 people.

Gordon Ellis, director at XPD8, said: "We operate in a very competitive niche but are consistently able to demonstrate high quality delivery and value for our clients. Our service is all about prevention rather than cure and our systems save our clients money by prolonging equipment life and ensuring optimal performance and safety.

"Growth has been a response to customer–led demand. Our products are increasingly being requested as the length of life for platforms and equipment continues to be extended."

Formed in 2003, XPD8 offers efficient and cost-effective asset management and integrity management solutions, using bespoke software and skilled engineers who specialize in asset integrity services.

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XPD8 Clinches Work, Expands Workforce

Aberdeen-based XPD8 Solutions has reported a strong start to 2013 after its condition monitoring team secured work worth more than $3 million (GBP 2 million) and announced plans to expand its workforce.

The company, which specializes in the management of maintenance systems for oil and gas producing assets, has been awarded contracts to deliver further condition monitoring support to CNR, Wood Group PSN and Hess over the next three years.

XPD8 currently has a full order book and to prepare for future growth the company will create 18 positions across all departments during the year.

The contract to provide condition monitoring services to CNR's platforms in the North Sea will see XPD8 maintain its existing links with the operator stretching back more than five years.

Work is also to take place for Wood Group PSN on Dana's Triton Platform in the North Sea and with Hess in Equatorial Guinea.

In supplying condition monitoring services, XPD8 provides oil and gas companies with computerized systems which identify the requirement for maintenance on their assets. This increases the reliability and safety of equipment and highlights where and when repairs need to be made.

The announcement follows a strong 2012 for XPD8's condition monitoring team when the organization acquired another condition monitoring department and expanded by one third. The team now represents a third of XPD8's workforce of 45 people.

Gordon Ellis, director at XPD8, said: "We operate in a very competitive niche but are consistently able to demonstrate high quality delivery and value for our clients. Our service is all about prevention rather than cure and our systems save our clients money by prolonging equipment life and ensuring optimal performance and safety.

"Growth has been a response to customer–led demand. Our products are increasingly being requested as the length of life for platforms and equipment continues to be extended."

Formed in 2003, XPD8 offers efficient and cost-effective asset management and integrity management solutions, using bespoke software and skilled engineers who specialize in asset integrity services.

View the original article here

PPL Shipyard Clinches Repeat Jackup Order from Oro Negro

Sembcorp Marine's subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of $417 million for the construction of two units of jackups from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro).

Scheduled for delivery at end of the fourth quarter of 2014 and end of first quarter 2015, the pair of high specifications and high performance deep drilling offshore jackups will be built based on PPL Shipyard's proprietary Pacific Class 400 design. Including the two jackups of similar design ordered in November 2012, the total number of Pacific Class 400 jackups ordered by Oro Negro now stands at four units.

Incorporating the latest drilling equipment for improved drilling efficiency, offline handling features and simultaneous operations support, these new rigs will be capable of operating in deeper waters of 400 feet and drilling high pressure and high temperature wells to depths of 30,000 feet. These rigs will be equipped with increased accommodation with full catering facilities and amenities for a complement of 150 people on board in one-man and two-man cabins.

CEO of Oro Negro Gonzalo Gil said "We are pleased to have PPL Shipyard as the builder of another two jackup rigs in our fleet. The first two units currently under construction are progressing well and we are confident that the strong collaboration will continue with the third and fourth jackup units. Once operational, these high-specification jackup rigs will further strengthen our rig fleet, positioning Oro Negro as a leading player to capitalise on emerging opportunities within Mexico's growing offshore market."

Douglas Tan, managing director in PPL Shipyard said "We are heartened to be chosen once again by Oro Negro as a partner in their offshore fleet expansion program. The repeat order of two additional Pacific Class 400 jackups signals Oro Negro's confidence and endorsement of PPL Shipyard's design capabilities, efficient project execution, and track record for quality and timely deliveries."

Barring unforeseen circumstances, Sembcorp Marine expects a positive contribution to its earnings from the contracts. However, the contracts are not expected to have any material impact on the consolidated net tangible assets and earnings per share of Sembcorp Marine for the year ending December 31, 2013.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit http://www.riglogix.com/.

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PPL Shipyard Clinches Repeat Jackup Order from Oro Negro

Sembcorp Marine's subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of $417 million for the construction of two units of jackups from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro).

Scheduled for delivery at end of the fourth quarter of 2014 and end of first quarter 2015, the pair of high specifications and high performance deep drilling offshore jackups will be built based on PPL Shipyard's proprietary Pacific Class 400 design. Including the two jackups of similar design ordered in November 2012, the total number of Pacific Class 400 jackups ordered by Oro Negro now stands at four units.

Incorporating the latest drilling equipment for improved drilling efficiency, offline handling features and simultaneous operations support, these new rigs will be capable of operating in deeper waters of 400 feet and drilling high pressure and high temperature wells to depths of 30,000 feet. These rigs will be equipped with increased accommodation with full catering facilities and amenities for a complement of 150 people on board in one-man and two-man cabins.

CEO of Oro Negro Gonzalo Gil said "We are pleased to have PPL Shipyard as the builder of another two jackup rigs in our fleet. The first two units currently under construction are progressing well and we are confident that the strong collaboration will continue with the third and fourth jackup units. Once operational, these high-specification jackup rigs will further strengthen our rig fleet, positioning Oro Negro as a leading player to capitalise on emerging opportunities within Mexico's growing offshore market."

Douglas Tan, managing director in PPL Shipyard said "We are heartened to be chosen once again by Oro Negro as a partner in their offshore fleet expansion program. The repeat order of two additional Pacific Class 400 jackups signals Oro Negro's confidence and endorsement of PPL Shipyard's design capabilities, efficient project execution, and track record for quality and timely deliveries."

Barring unforeseen circumstances, Sembcorp Marine expects a positive contribution to its earnings from the contracts. However, the contracts are not expected to have any material impact on the consolidated net tangible assets and earnings per share of Sembcorp Marine for the year ending December 31, 2013.

Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit http://www.riglogix.com/.

View the original article here