Offshore news

Following on from a period of significant investment for Montrose Port Authority, the funding feeds into the Port’s strategic growth plans which will allow larger cargo vessels to dock in Montrose.

Reliance Industries’ recent move to invite bids for provision of an FPSO for its MJ gas and condensate field stands as the latest example of deepwater projects that are fuelling a revival of activity in India, a Rystad Energy study reflects.

The discovery is currently estimated to contain 15 - 35 million bbls of recoverable oil equivalent.

The Veristar AIM3D software will be used to plan interventions, provide onboard contractors with detailed work instructions and to evaluate asset conditions.

Umbilicals International (UI) has opened its doors to a new manufacturing facility in Rosyth, heralding the move as purposeful and optimistic during tough market recovery.

The contract includes the engineering, procurement, construction, installation and commissioning (EPCIC) of the Pluto Water Handling Module.

After initial preparations, the actual installation job took only three hours and was achieved in one single lift.

Well re-entry and completion operations for the Lancaster EPS have now commenced under the control of Petrofac Facilities Management Limited (Petrofac), who are the well operator.

Shell is the operator for production licence 373 S in the North Sea.

The top ten planned and announced presalt areas in Brazil will spend over US$220 billion throughout their lifetime in capital and operating expenditure.