Phillips 66 and Trafigura Group Pte. Ltd announced that they have formed a 50/50 joint venture, Bluewater Texas Terminal LLC, to develop an offshore deepwater port project located approximately 21 nautical miles east of the entrance to the Port of Corpus Christi.
With the passage of time, oil and gas exploration will be performed in deep wells specifically in deepwater. Unlike to shallow wells, the deep wells demand durable materials.
J. Ray McDermott SA has announced that its McDermott Caspian Contractors Inc. subsidiary has been awarded three new projects from the Azerbaijan International Operating Company.
BJ Tubular Services has been awarded a contract by CNR International (Cote d'Ivoire) S.A.R.L., a subsidiary of Canadian Natural Resources, to provide a range of well services offshore Cote d'Ivoire, Africa.
At Offshore Europe, Parker Instrumentation will expand its family of rapid-assembly, compression tube fittings for pressures up to 15,000PSI.
Tracer Petroleum corporation has signed a Memorandum of Understanding with West African Energy Company (WAEL) of Nigeria to prepare a joint bid document for a prospective deepwater oil block situated offshore Sao Tome and Principe and Nigeria.
Stolt Offshore SA has won a contract from ExxonMobil’s Nigeria subsidiary for the flowlines and risers on the Erha field offshore Nigeria in a water depth of 1200 metres.
Kerr-McGee Corp., along with its partner Ocean Energy Inc., has selected Technip Offshore Inc. to construct the world’s first cell spar for the development of its Red Hawk deepwater field in Garden Banks block 877 in the Gulf of Mexico.
Exxon Mobil Corporation will utilise an innovative, generic FPSO (floating, production, storage and offloading) concept to accelerate the production from new deepwater fields.
FMC Energy Systems is to provide subsea trees and associated services for Kerr-McGee's Gunnison Field area project in the deepwater US Gulf of Mexico.
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