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  1. Osbit supplies well intervention package for Helix vessel

    Offshore staff RIDING MILL, UK – Osbit has delivered new well intervention equipment to Helix Energy Solutions for installation on the chartered vessel Siem Helix 1 in Schiedam, the Netherlands. This was one of a series of projects awarded to Osbit last year involving around £11 million ($14.5 million) of equipment for the Siem Helix 1 , Siem Helix 2 , and Q7000 vessels. The current consignment, weighing more than 300 tons, comprises a BOP maintenance and storage tower, an intervention tension frame (ITF) and moveable deck. All will be installed on the Siem Helix 1 this week, ahead of the vessel’s deployment on a long-term well intervention services charter for Petrobras offshore Brazil. A second suite of identical systems will follow later in the year for the Siem Helix 2 . Osbit says the maintenance tower provides a safe environment to assemble and maintain subsea equipment. It incorporates a 125-metric ton (138-ton) capacity lifting system to enable progressive assembly of stack modules.  The ITF, developed in collaboration with Helix, has three platform levels for personnel to conduct operations using dedicated skidding systems. A telescopic gangway, also designed and built by Osbit, is said to ensure continuous safe access. The gangway links the ITF to the maintenance tower, dispensing with the need for engineers to use rope access methods to operate the well intervention systems mounted within the ITF. The moveable deck, which will be installed adjacent to the maintenance tower, is a specialised mezzanine deck providing an additional support and work area over the vessel’s moonpool.  08/02/2016 Share your news with Offshore at news@offshore-mag.com

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    Tue, 2 Aug 2016

  2. Freeport LNG closes financing to construct third NG liquefaction train

    Freeport LNG Expansion LP’s subsidiary, FLNG Liquefaction 3 LLC, has closed on senior and mezzanine debt financing commitments of $4.56 billion in capital required for the construction of the third train of Freeport LNG's natural gas liquefaction and LNG loading facility on Quintana Island near ...

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    Wed, 29 Apr 2015

  3. PSA cites air gap inconsistencies in rig damage study

    Petroleum Safety Authority Norway has completed an investigation into the incident late last year when the topsides of the mobile offshore unit COSLInnovator was struck by a wave.

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    Mon, 11 Apr 2016

  4. Hilcorp and Carlyle partner to acquire oil and gas properties

    Hilcorp Energy Co., a privately owned oil and gas exploration and development company, has established a newly formed partnership, Hilcorp Energy Development, LP, which seeks to acquire, operate, and develop onshore oil and natural gas properties and related assets in North America.

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    Mon, 21 Dec 2015

  1. Tidewater Subsea charters Brandon Bordelon

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    Fri, 15 Jan 2016

  2. HudsonField and AB form strategic financing partnership in oil and gas sector

    HudsonField LLC and AllianceBernstein’s (AB's) private middle-market lending platform have formed a new financing program for oil and gas operators in key North American production basins. HudsonField will serve as a strategic origination partner for financing opportunities in the North American ...

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    Thu, 8 Oct 2015

  3. Financing new ventures in oil and gas E&P technology domain - Part-2

    For oil and gas entrepreneurs’ raising capital, in a highly volatile and risk susceptible industry, is one of the toughest challenges. 

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    Wed, 11 Feb 2015

  4. Financing new ventures in oil and gas E&P technology domain - Part-1

    For oil and gas entrepreneurs’ raising capital, in a highly volatile and risk susceptible industry, is one of the toughest challenges. 

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    Mon, 9 Feb 2015

  5. Rwanda solar power field dedicated

    The Rwanda field, constructed in the shape of the African continent, brought together an international consortium of financing partners 

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    Tue, 3 Feb 2015

  6. East Africa's first utility-scale solar field to officially open

    A win for the White House electrification initiative in Africa increases Rwanda's electric generation capacity by six percent

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    Mon, 2 Feb 2015

  7. Siemens, Bechtel win 778 MW turnkey gas power plant order

    Siemens and Bechtel have been awarded a turnkey contract for the 778 MW, natural gas-fired combined cycle Stonewall Energy Project

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    Mon, 17 Nov 2014

  8. Minyard joins Simpson Thacher's Energy Finance team

    Brian E. Minyard has joined the banking and credit practice of Simpson Thacher & Bartlett LLP as Counsel in the Houston office. Minyard has broad experience in a range of financing transactions, including syndicated bank loans and the private placement of debt securities.

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    Wed, 11 Dec 2013

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