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  • Volume 75, Issue 7
  • Volume 75, Issue 7

    Company News

    Corporate ocean responsibility calls for collaboration between industries

    July 14, 2015
    The oil and gas industry supports millions of jobs and delivers billions of dollars in annual revenue to governments.
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    People on the move

    Business Briefs

    July 14, 2015
    PeopleDNV GL Group has appointedRemi Eriksen as group president and CEO. He is succeeding Henrik O. Madsen, who is retiring on Aug. 1. The company also has appointed Tor Svensen...
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    Equipment Engineering

    New wellhead system designed for HP/HT environments

    July 14, 2015
    With the higher loads encountered in high-pressure/high-temperature (HP/HT) environments due to large BOPs, taller capping stacks, new rigs, etc., existing industry equipment ...
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    Production

    Integrated Operations Center keeps Shell in sync with deepwater GoM assets

    July 14, 2015
    Some years after the devastating 2005 Atlantic hurricane season, Shell began developing an idea to bring some aspects of offshore platform work to a more controllable environment...
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    Production

    Chain connector configured for diverless installation

    July 14, 2015
    Floating production units (FPUs) are being deployed in increasingly harsh environments, and high-capacity turret mooring systems are fundamental to making this possible.

    More content from Volume 75, Issue 7

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    Vessels

    Local content rules, scheduling build up shipyard orderbooks

    July 14, 2015
    Major hull or topsides fabrication for floating production units is currently under way in 42 facilities worldwide.
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    Vessels

    Regulatory, industry initiatives address improved DP safety

    July 14, 2015
    Increasing numbers of offshore floating structures are now equipped with dynamic positioning (DP) for station keeping, and these DP technologies are being applied in a growing...
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    Geosciences

    Automated system allows user greater control over seismic interpretation

    July 14, 2015
    Today, 3D reservoir modeling is at the center of the offshore oil and gas decision-making process, delivering crucial information to operators on their subsurface geologies, oil...
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    Vessels

    New rig orders slow almost to a halt

    July 14, 2015
    Drilling contractors have nearly ceased new orders this year, following on the heels of the latest offshore rig-building boom and in the wake of falling oil prices.
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    Vessels

    Premium jackup fleet weathers short-term uncertainty

    July 14, 2015
    Offshore's 2015 premium jackup rig survey finds a global fleet that has grown considerably, but perhaps too quickly, in the past two years.
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    Regional Reports

    Corruption investigations into Petrobras muddy offshore waters

    July 14, 2015
    Offshore oil and gas operations in Brazil remain confused as governmental investigations into allegations of corruption at Petroleo Brasileiro SA (Petrobras) continue while drilling...
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    Drilling & Completion

    Falklands wells extending Sea Lion oil play

    July 14, 2015
    Exploration off the Falkland Islands got off to a flying start earlier this year, with two oil discoveries in the first two structures drilled by the semisub Eirik Raude in the...
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    Regional Reports

    E&P activities heat up offshore Colombia

    July 14, 2015
    Colombia has seen a dramatic increase in oil production in recent years following a period of steady decline.
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    Regional Reports

    Mexico issues final model for shallow-water PSC

    July 14, 2015
    On June 9, 2015, the Mexican National Hydrocarbons Commission (CNH) published the latest model production-sharing contract (the PSC) for the first phase of Mexico's Round One ...
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    Drilling & Completion

    Proposed regulations clarify the meaning of a safe drilling margin in the OCS

    July 14, 2015
    Following the BP spill, the Bureau of Safety and Environmental Enforcement (BSEE), under the Department of the Interior, issued proposed amendments to well control regulations...
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    Equipment Engineering

    Safety lifecycle management can prove challenging for upstream assets

    July 14, 2015
    Even though mandated by functional and process safety standards such as ISA-84 and ISA/IEC 61511, many automation and safety instrumented systems (SIS) vendors do not provide ...
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    Geosciences

    GEOSCIENCES

    July 14, 2015
    In addition to the CGG GeoSoftware update noted with the accompanying screen shot, there are a number of other new geophysical software advances made available over the last few...
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    Drilling & Completion

    Placing oil prices in perspective

    July 14, 2015
    As oil hovers at the $60/bbl level, it is interesting to take a look at the long-term effects the downcycle may have on companies, nations, and the market in general.
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    Vessels

    VESSELS, RIGS, & SURFACE SYSTEMS

    July 14, 2015
    Visiongain calculates the global capex on newbuild and converted FPSOs will be $8.65 billion this year.
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    Subsea

    SUBSEA SYSTEMS

    July 14, 2015
    After having to move its Big Foot platform to sheltered waters from its current location 225 mi (362 km) south of New Orleans in the US Gulf of Mexico in May due to subsea installation...
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    Regional Reports

    GULF OF MEXICO

    July 14, 2015
    Prompted by the ongoing reform of Mexico's oil and gas market, a number of oilfield service providers have begun to ramp up their E&P activities in the Mexican portion of the ...
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    Regional Reports

    OFFSHORE EUROPE

    July 14, 2015
    Demand for well services in UK waters held steady last year, according to a report by industry association Oil & Gas UK.
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    Regional Reports

    GLOBAL E&P

    July 14, 2015
    Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021...
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    Subsea

    GLOBAL DATA

    July 14, 2015
    This month Infield Systems provides a snapshot of the SURF (subsea umbilicals, flowlines, and risers) market in Latin America up to 2019, with particular focus on Brazil and Mexico...
    Paganie
    Equipment Engineering

    Construction market in flux

    July 14, 2015
    As witnessed in past cycles, drilling contractors and fabrication yards alike are facing the daunting task of managing an oversupply of rigs, while demand for their services is...