Table of Contents

Offshore

Volume 75, Issue 5
1505off_C11
  • Departments

    • Comment

      • A standard approach to deepwater development

        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 cycle time, this approach is rapidly giving way to standard designs and processes that can be adapted to various field profiles.

    • GLOBAL DATA
    • GLOBAL E&P

      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 is said to have objected to ExxonMobil's planned drilling on the offshore Liza field, administered by Guyana but claimed by Venezuela. The Deep Water Champion was due to start the program in March.

    • OFFSHORE EUROPE

      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 C platform in the Norwegian North Sea. Operator Statoil developed the equipment in collaboration with OneSubsea subsidiary Framo.

    • GULF OF MEXICO

      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 tracts on the US outer continental shelf offshore Louisiana, Mississippi, and Alabama.

    • SUBSEA SYSTEMS

      Allseas' Solitaire has started laying Polarled, the first pipeline to extend Norway's gas infrastructure into the Arctic Circle.

    • VESSELS, RIGS, & SURFACE SYSTEMS

      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, according to Douglas-Westwood London.

    • DRILLING & PRODUCTION

    • GEOSCIENCES

      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 Mexico.

    • OFFSHORE AUTOMATION SOLUTIONS

    • Business Briefs
    • Beyond The Horizon

  • International Field Development

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

      In recent months, oil prices have fallen dramatically, resulting in concerns over the viability of some large and ultra-deepwater projects.

    • Deepwater Gulf remains active amidst low oil prices

      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 will bring an additional 177,000 boe/d in new production, according to a recent report by Wood Mackenzie.

    • Barents Sea attracting drillers, new hubs emerging in UK waters

      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 survey for a consortium of 32 oil companies over the eastern part of the Norwegian Barents Sea.

    • Gas schemes, field expansion dominate Middle East offshore construction

      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.

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

      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 spending.

    • Gas demand driving mega projects off Asia/Pacific

      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 (also known as PFLNG SATU) for 4Q 2015, making it the first FLNG unit in operation.

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

      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 the region's development.

    • Arctic E&P activity on the rise

      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, a United States Geological Survey report claims there could be another 346 Bboe left undiscovered.

  • Executive Interview

    • Classification society merger bolsters industry training and certification resources

      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 and independent expert advisory services to the maritime, oil and gas, and energy industries.

    • New CEO navigates company through sea of change

      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 impacted in the low oil price environment, coupled with building oversupply and the lack of rig demand.

  • NOIA Supplement

  • Australia Focus

    • Pushing ahead to explore Australia's last offshore frontier

      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 Oil committing more than $5 billion to explore the region.

  • Geology and Geophysics

    • Shallow geohazard analysis a growing area of concern

      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, gas hydrates, slope instability, and complex seabed morphologies. In all these cases, effective pre-drilling shallow hazard analysis is essential, with the results having a crucial impact on future production operations and drilling decisions.

  • Drilling and Completion

  • Engineering, Construction & Installation

    • Industry continues to provide solutions for deepwater production challenges

      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-term strategic plans, capital investments, manpower requirements and expenditures have all been scrutinized and, in most cases, extensively reworked.

    • FLNG design adapts to an evolving energy mix

      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 are fueling expansion.

    • Delta House has potential to enhance offshore design philosophy

      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 fraternity in the 1978 comedic film, "Animal House."

    • Technip responding to offshore industry's changing project priorities

      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 to move more projects forward.

    • FPSO overruns present opportunity for change

      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 each year in these facilities, while very talented people manage the FPSO building and operating companies.

  • Production Operations

    • BP employs lessons learned for North Sea EOR projects

      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 employing several EOR techniques at a number of its North Sea fields and is planning two additional projects in the region in the near future.

  • Pipelines & Flowlines

    • Remote welding habitat provides underwater welding solution

      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 uses a welding robot as the primary method of repair for subsea pipelines larger than 30-in. and in water depths up to to 1,300 m (4,265 ft).

  • France Supplement

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

      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 its members maintain the focus on R&D and the recruitment drive for the next generation of engineers.

    • NFM builds full redundancy into Quad 204 turret winch

      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 was installed on the vessel at Hyundai Heavy Industries yard in Ulsan, South Korea, at the end of last year.

    • Earthquake studies lead to platform changes at Yadana offshore Myanmar

      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 by Doris Engineering. These examined the impact on the offshore structures and of subsidence of the seabed around the Yadana production complex.

    • Deepwater connector re-designed for easier inspection

      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 Loire manufacturing the initial systems.

    • ECM expands in Congo, eyes further living quarters off Nigeria

      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 offshore Nigeria. This was a 12-month campaign involving 400,000 manhours of work, according to ECM's offshore energy director Arnaud de Villepin.

    • Sulfur recovery process could solve acidic gas dilemma offshore

      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 the 1980s, originally commercialized as Clinsulf, but later known as SmartSulf.

  • Equipment & Engineering

    • New tools and technology for the offshore industry

      Schlumberger has introduced the ACTive OptiFIRE coiled tubing selective perforating system, which permits real-time selective perforating and activation using fiber-optic telemetry. The company says the selective perforation process is repeatable at different precise depths with positive indication of each firing and hydrostatic pressure control in a single run.

Trending News

Capital markets, M&A activity down despite mega-merger, says GlobalData

May 29, 2015

88 Energy exits acreage offshore Morocco

May 29, 2015

Moroccan government officials have granted approval for 88 Energy’s country subsidiary to divest from its interests in the Tarfaya block.

UK Energy Bill puts oil and gas development ahead of onshore wind

May 29, 2015

The UK will emphasize domestic oil and gas production rather than onshore wind farms as the government seeks energy security ahead of reduced carbon emissions.

North Sea Cladhan heading for mid-summer startup

May 29, 2015

Statoil awarded four licenses offshore Nicaragua

May 29, 2015

Statoil has secured operatorship of four frontier licenses offshore the Nicaraguan Pacific coast.

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