Deep Down Inc., a specialist in complex deepwater oil and gas distribution equipment and services, said Aug. 20 that it has received an order from Shell for work related to its Kaikias development in the U.S. Gulf of Mexico.
The order is for the design, engineering, manufacturing and installation of a riser isolation valve control system on the Ursa tension-leg platform (TLP). The Ursa TLP is located in the Mississippi Canyon Block 810, approximately 130 miles from the coast of Louisiana, in a water depth of 4,500 ft (1,371 m).
The riser isolation valve control system will be installed on the TLP to provide shutdown of production fluids.
“We continue to be humbled by the trust Shell places in Deep Down, as we work together to continuously improve safety in the oil and gas industry,” Charles Njuguna, Deep Down’s CFO, said.
Recommended Reading
Oceaneering Won $200MM in Manufactured Products Contracts in Q4 2023
2024-02-05 - The revenues from Oceaneering International’s manufactured products contracts range in value from less than $10 million to greater than $100 million.
E&P Highlights: Feb. 5, 2024
2024-02-05 - Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
2024-02-05 - CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
2024-02-09 - Despite this week's rig increase, Baker Hughes said the total count was still down 138 rigs, or 18%, below this time last year.