McDermott International (NYSE: MDR) has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico for LLOG Exploration Offshore, McDermott said in a news release.
McDermott’s lay vessel North Ocean 105 completed the deepwater subsea tieback from the Otis well in Mississippi Canyon 79 to the Delta House floating production system in water depths ranging from 3,861 ft to 4,420 ft, the release said. Project management, engineering and installation of 70,000 ft of insulated rigid flowline and insulated steel catenary riser as well as a control umbilical, PLEM jumper and associated flying leads were included in the work scope.
The flowline and riser were fabricated at McDermott’s new spoolbase and marine facility in Gulfport, Mississippi, according to the release. All engineering and project management functions were completed in McDermott’s Americas, Europe and Africa headquarters in Houston.
Recommended Reading
US Oil, Gas Rig Count Falls to Lowest Since January 2022
2024-05-03 - The oil and gas rig count, an early indicator of future output, fell by eight to 605 in the week to May 3, in the biggest weekly decline since September 2023.
Pemex Reports Lower 2Q Production and Net Income
2024-05-03 - Mexico’s Pemex reported both lower oil and gas production and a 91% drop in net income in first-quarter 2024, but the company also reduced its total debt to $101.5 billion, executives said during an earnings webcast with analysts.
Chouest Acquires ROV Company ROVOP to Expand Subsea Capabilities
2024-05-02 - With the acquisition of ROVOP, Chouest will have a fleet of more than 100 ROVs.
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
2024-05-02 - Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.
SilverBow Makes Horseshoe Lateral in Austin Chalk
2024-05-01 - SilverBow Resources’ 8,900-foot lateral was drilled in Live Oak County at the intersection of South Texas’ oil and condensate phases. It's a first in the Chalk.