Five tugs with a combined 150,000 horsepower have started the 500 nautical mile tow-out of the giant Aasta Hansteen spar platform from Stord, Norway to the Aasta Hansteen field in...

The Aasta Hansteen spar is designed by Technip-USA and is currently being built by Hyundai Heavy Industries in South Korea. The facility will be the first spar installation on the...

Anadarko’s Heidelberg Spar has made the 400 mile trip from Ingleside, Texas to its new home at the Green Canyon 859 block in the deepwater Gulf of Mexico, where it...

Work is progressing on Anadarko's Heidelberg spar at Technip's fabrication yard in Pori, Finland. Heidelberg

[vimeo]http://vimeo.com/39516800[/vimeo] Perdido is the world’s deepest offshore oil drilling and production platform. Moored in 2,450 metres (8,000 feet) of water in the Gulf of Mexico, this spar gathers, processes and exports produced...

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it was awarded a Letter of Intent to construct the spar hull for a...

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will be run from Statoil’s...

Technip and Aker Solutions have recently announced they both have been awarded front-end engineering design (FEED) contracts by Statoil ASA for the development of the Aasta Hansteen (formerly named Luva) Spar...

Statoil, together with joint venture partners ExxonMobil and ConocoPhilips, have selected a Spar platform to develop the Luva Fieid, a deep-water gas field 300 kilometers offshore Norway that promises to hold...

Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a configuration of equipment...

Illustration courtesy ABS The American Bureau of Shipping has just approved a new concept for renewable energy production for a commercial grid that converts the solar energy of tropic oceans...