BP's Vessel Khankendi Completes Sea Trials in the Caspian
The Khankendi's initial voyage in open waters began the 6-week trial of the subsea construction vessel (SCV) that took place in the Caspian Sea. Maritime experts executed more than 120 different tests designed to evaluate everything from engine and propulsion performance to dynamic positioning, navigation systems, cabin acoustics, as well as offshore capabilities.
The SCV is back at the shipyard now for the finishing touches in preparation for the naming ceremony scheduled in early September. It will perform subsea construction activities on the Shah Deniz gas field off Azerbaijan for the next 10 years.
Production of first gas from Shah Deniz Stage 2 is expected next year.
On the Lighter Side: Moon(pool) Gazing in Peru
Take a look at these moonpool visitors.
A New Offshore Investment Cycle Is in the Making
The amount of oil and gas resources approved for development last year surpassed 20 billion BOE, the highest level seen since 2011. Telltale signs have emerged that we are entering a new offshore investment cycle.
Equinor Plans Extension of Statfjord Field
The plan will extend production of the largest field on the Norwegian Continental Shelf to 2040, while also deferring plans to decommission the Statfjord A platform. Statfjord A was originally scheduled to be decommissioned in 2022.
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