Rotech Wins Harbor Clearance Contract

first_imgRotech Subsea Ltd. has won a significant harbor clearance work scope and are set to deploy a new RS1 excavation tool which has been specially adapted to meet demand from port authorities.Based on the subsea innovator’s high pressure RS1 excavator, the evolved tool has been adapted in-house by Rotech Engineering for excavating difficult to access areas, such as underneath pontoons or piers. The modifications were carried out by the Aberdeen group’s on-site fabrication unit, Rotech Fabrication.“We are delighted to mobilize our new RS1 tool on this harbor clearance scope,” said Rotech’s Director of Subsea, Steve Cochrane. “We have been in dialogue with a number of key Port Authorities recently and our in-house Engineering and Fabrication division have subsequently developed, built and tuned a tool to meets their requirements.”“It’s a great example of the flexibility of the RS design,” added Cochrane. “But also a great demonstration of the group’s ability to work closely with clients to produce bespoke tools to meet their subsea needs.”According to Rotech, the RS1 will mobilize for the undisclosed UK Port Authority client in the coming weeks.last_img read more

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Equinor taps Schlumberger, Halliburton, Baker Hughes, and Weatherford for drilling services on NCS

first_imgSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options. The Norwegian oil and gas company Equinor has awarded drilling services contracts worth NOK 2.5 billion ($286.7 million) in total to the oilfield services behemoths Schlumberger, Halliburton, Baker Hughes, and Weatherford, among others. Contract signing / Photo by Kjetil Eide, EquinorThe services will be delivered to both new and existing fields on the Norwegian continental shelf. Contracts for services related to liner hangers were signed in Equinor’s digital laboratory at Forus, Stavanger, on 14 May. Contracts for additional completion and downhole monitoring have been signed earlier.“These contacts will help us continue our safe and efficient drilling and well operations. The suppliers are specialists that we have worked with before, and we know what they stand for. We look forward to continuing our good cooperation,” says Geir Tungesvik, Equinor’s senior vice president, Drilling & Well.The total contract value for these services is estimated at about NOK 2.5 billion for the 3-year fixed contact term. In addition, there are five 2-year options for all awards, Equinor said.The contracts now signed cover niche deliveries complementing the integrated drilling and well service contracts signed in 2018.“We have standardized the contract set-up between various suppliers. This simplifies collaboration and creates win-win solutions,” says Peggy Krantz-Underland, Equinor’s chief procurement officer.Krantz-Underland has stressed that Equinor does not just buy services from the biggest suppliers only, “but also from small-size suppliers with the required specialist competencies.”Apart from the quarter of U.S. oilfield services giants, the contracts have been awarded to Ramex, NOV Wellbore Technologies – NUF, Petroleum Technology Company, TCO AS, Interwell Norway AS, Welltec Oilfield Services (Norway), and Roxar Flow Management.The services are key to capturing additional value on the Norwegian continental shelf, aiming to improve the recovery rate from 50 to 60 percent, Equinor said.The services related to liner hangers and additional completion are based on framework contracts with standardized conditions where the volume may vary. The estimated value is one billion crowns for liner hangers and half a billion crowns for additional completion.The downhole monitoring contracts were awarded in March, covering a predetermined scope at a value of about 1 billion crowns for for three years.Below is the chart showing which company won which contract, as shared by Equinor:last_img read more

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Over 30 percent Floridians affected by Identity Theft

first_imgAccording to a recent AAA Consumer Pulse™ survey, nearly one in three Floridians (31 percent) have been the victim of identity theft or fraud in the past two years. The most popular crimes committed by identity thieves include fraudulent credit card use, ATM withdrawals, and tax refund theft.(In a 2016 Identity Fraud Study conducted by Javelin Strategy & Research, $16 billion was stolen from 15.4 million identity fraud victims in the United States.)Low level of trustThe AAA Consumer Pulse™ survey revealed that nearly half of (47 percent) Floridians have low levels of trust that gas stations would keep their information secure, one in four consumers have low trust that ATMs (24 percent) can keep banking information safe, and one in five (20 percent) have a low level of trust that online retailers and brick-and-mortar stores (18 percent) would keep their identity secure.Chip-based credit cardsNew chip-based credit cards have been invented to keep personal information secure, however, with over half (58 percent) of Floridians said they only have chip-based credit cards, a majority of shoppers (78 percent) reported they had shopped at stores in the past 3 months that did not have an activated or working chip card reader.Steps being takenFloridians, however, are taking steps to prevent identity theft. Of the 31percent that had been affected by identity fraud, they also took steps to prevent identity theft from happening again in the future by:Self-monitoring of credit/accounts (55%)Froze or cancelled specific cards/accounts (51%)Enrolled in credit monitoring system (32%)“Every two minutes another consumer becomes a victim of identity fraud,“ said Josh Carrasco, spokesperson, AAA – The Auto Club Group.AAA Tips to prevent identity theftSign up for a credit monitoring service.Review your credit card statement, bank account, and credit report regularly. Be on the lookout for any unauthorized transactions and report them immediately.Do not respond to unsolicited requests for personal information (this includes your name, birthdate, social security number and bank account number) over the phone, by mail, or online.Securely store your debit, credit and medical card information. Select PIN numbers that are easy for you to remember and don’t let anyone else see the number when you are entering it. Do not carry any record of your PIN number in your wallet. Shred credit card statements, receipts, or any medical records containing sensitive information before disposing of them. Also, ensure your credit cards and debit have been updated to include EMV or “chip” technology.About the AAA Consumer Pulse™ SurveyThe AAA Consumer Pulse™ Survey was conducted online among residents living in Florida from September 28, 2016 – October 6, 2016.  A total of 400 residents completed the survey.  Survey results have a margin of error of ± 4.9 percentage points.  Responses are weighted by gender and age to ensure reliable and accurate representation of the adult population (18+) in Florida.last_img read more

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