The board of Red Emperor Resources NL entered into a letter of intent with Maersk to secure the Maersk Venturer ultradeepwater drillship.

McDermott International Inc. was awarded a large project for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum.

Statoil signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field. 

FPSO vessel

Deployment of floating production units is predicted to increase; however, analysts think orders for such units will fall in 2015.

The amendment will defer the commencement of the work, previously scheduled to begin in the third quarter of 2015, to April 1, 2016.

The availability of dual-fuel engines and dedicated natural gas engines has created more fuel options in the oil patch.

Besides cylinders, the corresponding control and storage for the hydraulic system was also delivered.

Supported by an initial investment of 17 million euros, TI Geosciences will be based in Darlington, U.K., with operating bases in Teeside, Singapore and Saldahna Bay, South Africa.

Various subsea equipment will be delivered throughout 2015 and 2016.

Six months after the delivery, Sevan Marine must be paid US$10 million.

The unit features flow rates of 30 bbl per minute and a configuration of proprietary pumps, valves and hosing, the release said.

The drillship, which can accommodate a 20,000-psi BOP system, has been designed in full compliance with the ABS Guide for the Classification of Drilling Systems.