DCN Diving Nets Dana Petroleum Deal
DCN Diving has received a contract from Dana Petroleum to execute work offshore the Netherlands. Under the terms of the deal, DCN will perform the fabrication, installation, and precommissioning of various tie-in spools and a flanged connector for Dana’s DP-012 gas export pipeline.
The DP-012 pipeline links the Dutch P15D and P11B (De Ruyter) platforms, which are located in the Dutch North Sea. The scope of work includes diving and support for dredging and remotely operated vehicles. DCN Diving said that work should begin in June.
Dana Petroleum operates the De Ruyter platform, which is located in 114 ft water depth approximately 37 miles northwest of The Hague. The development consists of a permanently manned platform and a tanker. Dana and Energie Beheer Nederland co-own the field.
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.
TC Energy Plans To Move Equipment for Keystone XL Preconstruction Work
TC Energy is planning to start mobilizing heavy construction equipment to worker campsites and pipeline storage sites in Montana, South Dakota, and Nebraska in February to start preconstruction work on the Keystone XL Pipeline.
Energy Companies Well Suited To Adapt to Industry 4.0
Industry 4.0, the latest industrial revolution, has hit the manufacturing sector, building upon the adoption of computers and automation into industrial processes. How well suited is the oil and gas industry to leverage the new autonomous systems that could emerge from this transformation?
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