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.
Tariffs Pack a Bigger Punch Than Tax Incentives
Louisiana state granted a tax incentive to LNG Ltd. for its Magnolia project in Lake Charles. Although a beneficial development, it’s a drop in the bucket in the company’s progress toward FID.
US Lifts Metal Tariffs on Canada, Mexico
The decision may alleviate some of the pressures oil and gas producers faced in the wake of their imposition last year. Canada and Mexico made up a combined 20% of US imports of oil country tubular goods in 2017.
Santos P'nyang Farm-In Advances PNG LNG Expansion
Santos signed a binding letter of intent to acquire a 14.3% interest in Petroleum Retention License 3, which contains the P’nyang natural gas field in Papua New Guinea.
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15 May 2019
14 May 2019