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  • Volume 82, Issue 3 May/June 2022

    • Volume 82, Issue 3 May/June 2022

    Offshore operators rev up their drilling campaigns in response to increased demand, higher oil and gas prices, and supply disruptions.
    Photo 147431770 © Annegordon | Dreamstime.com
    Low Emissions
    Home

    Industry charting path to low carbon

    June 1, 2022
    Oil and gas operators, contractors, and vendors have been promoting investment strategies and new technologies to facilitate the transition to a low-carbon energy industry. But...
    Courtesy MODEC
    The FPSO Guanabara MV31 at the Mero field.
    Home

    Global E&P Briefs

    June 1, 2022
    Gain insights with various exploration and production data reports from around the world.
    Photo 193391100 © Arild Lilleboe | Dreamstime.com
    The Norwegian offshore supply vessel Normand Skude services a COSL oil drilling rig in the Kara Sea.
    Rigs

    Ten largest offshore rig contractors control 44% of global fleet

    June 1, 2022
    China’s COSL retains top spot, despite a decrease in its fleet.
    ID 224771828 © Renato Meireles | Dreamstime.com
    Petrobras has issued a tender to contract up to eight ultra-deepwater rigs for drilling operations offshore Brazil, for start dates in 2022 and 2023.
    Vessels

    Drilling campaigns heat up with $100/bbl-plus oil

    June 1, 2022
    Hot spots include Suriname-Guyana, Brazil, Namibia, and Norway.
    Courtesy Maersk Drilling
    Maersk Integrator last year became the second rig in Maersk Drilling’s fleet to undergo low-emissions upgrades.
    Vessels

    Maersk Drilling continuing on path to low-emission, digital drilling

    June 1, 2022
    Upgrades under way on more jackups, deepwater floaters.

    More content from Volume 82, Issue 3 May/June 2022

    Courtesy Shell
    The Vito FPS was transported onboard Boskalis’ Mighty Servant I from Singapore to Texas, arriving at the Kiewit Offshore Services yard in March 2022.
    Field Development

    Lean-designed semis still platform of choice for deepwater Gulf

    June 1, 2022
    Standardized, repeatable FPS design helps accelerate cycle times.
    SOURCE: Subsealogix, investor relations, Westwood Analysis
    The graph includes data from Exxon Mobil, Chevron, Shell, TotalEnergies, bp, Petrobras and CNOOC.
    Subsea

    Rebound in subsea EPC spend

    June 1, 2022
    Within offshore field development, 2022 E&P upstream capex guidance increases 28% year-on-year.
    SOURCE: Rystad Energy’s UCube, VIIRS Nightfire, Colorado School of Mines, Rystad Energy research and analysis
    Flaring Emissions
    Africa

    Offshore Africa sees flaring reduction

    June 1, 2022
    Improvements in the offshore market in Africa are particularly positive from a climate perspective.
    SOURCE: Wood Mackenzie
    China Wind
    Renewable Energy

    China is the wind powerhouse

    June 1, 2022
    China is set to account for almost half of new global wind capacity as decarbonization spurs growth.
    Photo 114871898 © Shane Adams | Dreamstime.com
    Go M Oil And Gas Platform Dreamstime L 114871898
    Production

    Industry study to examine repurposing of older offshore facilities

    June 1, 2022
    Platform refurbishment JIP to investigate benefits, risks of conversion.
    Courtesy Greensea
    Rob Howard
    Business Briefs

    Business Briefs

    June 1, 2022
    The latest company news and personnel moves from the offshore industry.
    Courtesy Aquatec Group
    Applications for KINEKtron include monitoring for retrofit subsea strain, mooring, pipelaying operations and wind turbine monopile strain.
    Equipment Engineering

    New technologies improve efficiencies and optimize operations

    June 1, 2022
    The OTC 2022 Spotlight on New Technology award winners prove the future is bright for tech innovations.
    Courtesy Heerema Marine Contractors
    Heerema says that its new “Floating to Floating” installation method allows floaters to be constructed on land before being dry-towed on a transport vessel to the location.
    Renewable Energy

    Offshore Wind Energy Briefs

    June 1, 2022
    Westwood Global Energy Group says it has examined Asia-Pacific offshore wind engineering, procurement, construction and installation (EPCI) spend over a ten-year period utilizing...
    Courtesy Maersk Drilling
    Aker BP has contracted the ultra-harsh environment jackup rig Maersk Invincible to drill three infill wells at the Ivar Aasen field in the Norwegian North Sea.
    Vessels

    Vessels/Rigs Briefs

    June 1, 2022
    A report indicates that there will be a 'resurgence' in offshore exploration activity this summer.
    Courtesy Acorn
    Acorn Hydrogen aims to develop clean-burning hydrogen from North Sea gas.
    Renewable Energy

    Offshore sector mobilizing to support UK hydrogen targets

    June 1, 2022
    Focus on lowering cost, repurposing infrastructure.
    Courtesy TechnipFMC
    TechnipFMC will provide project management, engineering, manufacturing and testing capabilities for Yellowtail's subsea production system.
    Subsea

    Subsea Systems Briefs

    June 1, 2022
    The latest subsea systems technology developments, projects and advances being utilized in the offshore energy industry.
    Photos courtesy FourPhase
    The DualFlow 5K PSI de-sander.
    Equipment Engineering

    Solids management system lowers emissions, intervention costs

    June 1, 2022
    New technology offers promise of extended well life.
    Photo 171323704 © Pichit Boonhuad | Dreamstime.com
    Dreamstime L 171323704
    Equipment Engineering

    Pup pieces application mitigates corrosion in topsides separation equipment

    June 1, 2022
    Technology will allow Saudi Aramco to reduce the number of flanges on Marjan platform.
    Websiteimage Sunset
    Home

    The 'energy transition' is not visible in the data

    June 1, 2022
    Pundits and politicians are eager to assert that there is an inevitable and accelerating “energy transition” away from hydrocarbons. It’s true that there are record sales of electric...