DEEP OIL TECHNOLOGY DETAILS GULF OF MEXICO SPAR STRUCTURE

05/22/1995
A longtime proponent of spar systems has disclosed more details about the first U.S. oil and gas production project based on the concept. Roger S. Glanville, Deep Oil Technology Inc., Irvine, Calif., said construction has begun in Finland on the 705 ft by 72 ft hull of the Neptune production spar. It is to be deployed in third quarter 1996. Rauma Offshore Contracting Oy, Pori, Finland, last February began building the hull under a contract from Neptune field partners Oryx Energy Co., Dallas, and CNG Producing Co., New Orleans. CNG is a unit of Consolidated Natural Gas Co., Pittsburgh. Rauma by mid-April had cut more th...
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