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  • Volume 75, Issue 5

    • Volume 75, Issue 5

    Production

    New UK tax regime incentivizes all phases of development

    May 6, 2015
    On March 18, 2015, the UK government announced the most radical changes to the oil and gas tax regime since 1993, when Petroleum Revenue Tax (PRT) was abolished for new fields...
    1505offbb7
    People on the move

    Business Briefs

    May 6, 2015
    PeoplePetrobras has electedLuciano Galvão Coutinho as chairman of the board of directors. He succeedsGuido Mantega.Luiz Navarro has been appointed to the company's board. He replacesM...
    1505offslb1
    Equipment Engineering

    New tools and technology for the offshore industry

    May 6, 2015
    Schlumberger has introduced the ACTive OptiFIRE coiled tubing selective perforating system, which permits real-time selective perforating and activation using fiber-optic telemetry...
    France

    Sulfur recovery process could solve acidic gas dilemma offshore

    May 6, 2015
    Prosernat has expanded its range of process technologies through the acquisition of Germany's ITS Reaktortechnik. ITS owned a sulfur recovery technology developed by Linde in ...
    1505offeiff1
    France

    ECM expands in Congo, eyes further living quarters off Nigeria

    May 6, 2015
    Last December, Eiffage Construction Met- allique (ECM) completed hookup and commissioning of the new 7,000-metric ton (7,716-ton) OFQ living quarters for the Ofon Phase 2 project...

    More content from Volume 75, Issue 5

    1505offifpe1
    France

    Deepwater connector re-designed for easier inspection

    May 6, 2015
    IFP Energies Nouvelles (IFPEN) is working on improvements to its Clip-Riser connector for deepwater drilling. The technology was first developed in the mid-1980s, with Creusot...
    1505fryada1
    France

    Earthquake studies lead to platform changes at Yadana offshore Myanmar

    May 6, 2015
    Total is taking remedial action at the Yadana gas field in the Andaman Sea offshore Myanmar to withstand future earthquakes in the Asia/Pacific region following studies performed...
    1505offnfm2
    France

    NFM builds full redundancy into Quad 204 turret winch

    May 6, 2015
    Lyon-based NFM Technologies has delivered the Glen Lyon FPSO turret installation winch to SBM Offshore for BP's Quad 204 redevelopment project west of Shetland. The equipment ...
    1505offgep1
    France

    GEP-AFTP supports networking, R&D, and overseas trade links

    May 6, 2015
    France's oil and gas engineering sector has a solid track record in technological innovation. Gérard Momplot, general manager of GEP-AFTP, explains how his association is helping...
    1505offprsi1
    Subsea

    Remote welding habitat provides underwater welding solution

    May 6, 2015
    On behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool in Norway, Statoil recently completed the development of a new pipeline repair technology. This new system...
    1505off 112
    Production

    BP employs lessons learned for North Sea EOR projects

    May 6, 2015
    As operators look to maximize recovery from existing fields, enhanced oil recovery (EOR) techniques are becoming increasingly important in mature offshore basins. BP has been ...
    1505offfpso2
    Vessels

    FPSO overruns present opportunity for change

    May 6, 2015
    For as long as I can remember, FPSOs have been stuck with a bad reputation for running over on budget and often on schedule, even though billions of dollars continue to be invested...
    1505offtnip1
    Field Development

    Technip responding to offshore industry's changing project priorities

    May 6, 2015
    Over the past few years, Technip has broadened its range of field development solutions, addressing the industry's pressing need to contain costs at the present time in order ...
    1505offaud1
    Field Development

    Delta House has potential to enhance offshore design philosophy

    May 6, 2015
    Another revolution is in the works for offshore oil and gas production - one caused by a new semisubmersible production platform named after the home of the boisterous college...
    1505offabs1
    Field Development

    FLNG design adapts to an evolving energy mix

    May 6, 2015
    While the application of FLNG in offshore projects is still relatively new, with only five dedicated projects having received a final investment decision (FID), global drivers...
    1505offdeep1
    Deepwater

    Industry continues to provide solutions for deepwater production challenges

    May 6, 2015
    The dramatic drop off in global oil and gas prices that started during the last quarter of 2014 has caused heartburn for those involved in the industry. What-if scenarios, long...
    1505offdrill1
    Drilling & Completion

    Advances in drill bits improve efficiency, performance

    May 6, 2015
    Perhaps the most fundamental tool of well drilling is the drill bit. With a sesquicentennial history, it would be easy to take bits for granted. After all, they are required for...
    1505offdgb2
    Geosciences

    Shallow geohazard analysis a growing area of concern

    May 6, 2015
    The last few years have seen a growing focus on the importance of shallow geohazard analysis offshore, with typical geohazards including shallow gas, abnormal pressure zones, ...
    1505offbight1
    Geosciences

    Pushing ahead to explore Australia's last offshore frontier

    May 6, 2015
    Exploration drilling is set to recommence this year in South Australia's Great Australian Bight with companies such as BP, Statoil, Chevron, Bight Petroleum, Santos, and Murphy...
    Company News

    NOIA represents all phases of offshore energy

    May 6, 2015
    The National Ocean Industries Association (NOIA) is the only national trade association representing every segment of the offshore energy exploration and production industry.
    People on the move

    US must not take its energy resources for granted

    May 6, 2015
    Each May, members of the offshore oil and natural gas industry gather in Houston for the Offshore Technology Conference to learn about the newest technology that enables our industry...
    1505offpres1
    Regional Reports

    Washington, DC's reach extends throughout offshore industry

    May 6, 2015
    The rush and excitement of the bright and shiny booths and exhibits at the Offshore Technology Conference is a welcome respite from the daily machinations of Washington, DC, where...
    1505offwood1
    Field Development

    New CEO navigates company through sea of change

    May 6, 2015
    The current down cycle in the oil and gas industry offers a period of time for many companies to reassess their portfolios. Many believe that capex growth will continue to be ...
    1505offdnv1
    Subsea

    Classification society merger bolsters industry training and certification resources

    May 6, 2015
    Since 1864, Det Norske Veritas (DNV) has evolved from a Norwegian classification society into an international provider of classification and technical assurance along with software...
    1505offarctic1
    Field Development

    Arctic E&P activity on the rise

    May 6, 2015
    The potential of the offshore Arctic oil and gas market is substantial. While energy analyst Infield Systems suggests the region holds 136.6 Bboe in discovered offshore reserves...
    1505offafrica1
    Field Development

    Sub-Sahara Africa booms in oil exploration, natural gas finds

    May 6, 2015
    Sub-Sahara Africa is expected to outpace Russia as a global gas supplier by 2040, encouraging European Union efforts to wean itself off its Russia gas reliance by investing in...
    1505offasia1
    Field Development

    Gas demand driving mega projects off Asia/Pacific

    May 6, 2015
    This year will see an industry first operating off the coast of Malaysia. Petronas places the targeted completion date for its floating liquefied natural gas project, PFLNG 1 ...
    1505offbrazil1
    Field Development

    Ultra-deepwater to capture most of Brazil's offshore capex

    May 6, 2015
    Brazil's forecast capex over the next five years on ultra-deepwater developments (1,499 m/4,917 m or 1,500 ft/16,132 ft) is expected to constitute 84% of the 2015-2019 offshore...
    1505offme1
    Field Development

    Gas schemes, field expansion dominate Middle East offshore construction

    May 6, 2015
    Despite the conflicts erupting in parts of the Middle East, offshore activity remains strong throughout the region, with various major ongoing or new development programs.
    1505offeur1
    Field Development

    Barents Sea attracting drillers, new hubs emerging in UK waters

    May 6, 2015
    Norway's far north looks set to remain the hot-spot for frontier exploration offshore northwest Europe this year. During 2014, WesternGeco and PGS acquired an extensive 3D seismic...
    1505offgulf1
    Field Development

    Deepwater Gulf remains active amidst low oil prices

    May 6, 2015
    E&P activity in the deepwater Gulf of Mexico is proving to be resilient in the face of a sharp decline in oil prices. Six new projects are expected to come online this year, which...
    1505off 34
    Deepwater

    Falling oil prices - how will they impact the deepwater market?

    May 6, 2015
    In recent months, oil prices have fallen dramatically, resulting in concerns over the viability of some large and ultra-deepwater projects.
    1505off 32
    Subsea

    Automation allows continuous measurement through multi-phase metering

    May 6, 2015
    Almost every offshore pipeline will have multi-phase flow. Whether that flow is two or more phases, this will always mean measurement difficulties since all direct flow measurement...
    Kliewer
    Geosciences

    GEOSCIENCES

    May 6, 2015
    Schlumberger has completed acquiring 2,750 sq km (1,062 sq mi) of two new full-azimuth multi-client seismic surveys over the Garden Banks and Green Canyon areas in the Gulf of...
    1209offdp1
    Company News

    Service providers detail efficient, profitable operations at lower oil prices

    May 6, 2015
    This issue of Offshore includes the annual drill bit report. One might be tempted to ask, "Why bother, at a time when drilling is dramatically suppressed?"
    Robindupre
    Vessels

    VESSELS, RIGS, & SURFACE SYSTEMS

    May 6, 2015
    The global offshore accommodation market has seen significant growth over the past five years, with persons on board (PoB) requirements increasing by 27% between 2009 and 2014...
    Musarra
    Subsea

    SUBSEA SYSTEMS

    May 6, 2015
    Allseas' Solitaire has started laying Polarled, the first pipeline to extend Norway's gas infrastructure into the Arctic Circle.
    Beaubouef
    Regional Reports

    GULF OF MEXICO

    May 6, 2015
    The Department of the Interior's Bureau of Ocean Energy Management (BOEM) held an oil and gas lease sale for the Central Gulf of Mexico that drew $538,780,056 in high bids for...
    Jeremyb
    Drilling & Completion

    OFFSHORE EUROPE

    May 6, 2015
    Seaway Heavy Lifting's crane vessel Oleg Strashnov was due to install the world's first subsea wet gas compression system last month, at a location 15 km (9.3 mi) from the Gullfaks...
    Jeremyb
    Regional Reports

    GLOBAL E&P

    May 6, 2015
    Venezuela and Trinidad and Tobago have sanctioned joint exploration for gas in the waters between the two countries, according to an AP report. However, Venezuela's government...
    1505off 14
    Field Development

    GLOBAL DATA

    May 6, 2015
    This month, Infield Systems provides a brief global overview of offshore field developments up to 2019.
    Paganie
    Deepwater

    A standard approach to deepwater development

    May 6, 2015
    All deepwater fields are different and, thus, each requires a tailor-made development concept. Seems logical, right? As pressure mounts to reduce capital expenditures and project...