Most Recent Offshore Oil Field Development

Subsea manifolds sail to Shetland fields

Mon, Jul 27, 2015

Babcock has completed construction and outfitting of two subsea manifolds for BP’s Quad 204 redevelopment west of Shetland.

Oil price stalling majority of projects, analyst claims

Mon, Jul 27, 2015 The fall in the oil price and its knock-on effect on budgets led to deferrals of more than 45 major oil and gas projects by mid-year, according to ...

Trelleborg to insulate Johan Sverdrup risers

Mon, Jul 27, 2015 Kvaerner has contracted Trelleborg to supply thermal insulation, corrosion and passive fire protection solutions for the Johan Sverdrup development...

SBM Offshore secures financing for Cidade de Saquarema

Mon, Jul 27, 2015

SBM Offshore has finalized project financing of FPSO Cidade de Saquarema for a total of $1.55 billion

Chinguetti partners look at decommissioning options

Mon, Jul 27, 2015

Sterling Energy says oil production from the Chinguetti field offshore Mauritania has declined this year, in line with projections.

Vibro Lifting Tool succeeds at Culzean pile installation

Mon, Jul 27, 2015 In its first commercial application, CAPE Holland’s Vibro Lifting Tool successfully installed four piles in a water depth of 90 m (285 ft) as part ...

COSL to drill two wells for Primeline offshore China

Fri, Jul 24, 2015 Primeline Energy has signed a letter of intent with China Oilfield Services Co. Ltd. for exploration drilling in block 33/07 in the East China Sea....

Statoil proves further gas/condensate near King Lear offshore Norway

Thu, Jul 23, 2015 Statoil and partner Total have discovered gas and condensate in the Julius structure close to the King Lear field in the southern Norwegian North S...

JIP seeks to standardize offshore project construction best practices

Wed, Jul 22, 2015 DNV GL has inaugurated a joint-industry project with Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Indust...

New Etame well shows strong for VAALCO offshore Gabon

Tue, Jul 21, 2015

 VAALCO Energy Inc. has brought the Southeast Etame 2-H well online at a rate of approximately 3,400 b/d.

Offshore Oil Field Development: Africa

Chinguetti partners look at decommissioning options

Sterling Energy says oil production from the Chinguetti field offshore Mauritania has declined this year, in line with projections.

New Etame well shows strong for VAALCO offshore Gabon

 VAALCO Energy Inc. has brought the Southeast Etame 2-H well online at a rate of approximately 3,400 b/d.

Woodside completing latest Pluto LNG tie-in offshore Australia

Woodside Petroleum says the first of two subsea installation campaigns has started for the Phase 1 Xena field development offshore Western Australia.

GLOBAL E&P

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.

Ophir starts FEED competition for Fortuna FLNG

Ophir Energy has awarded upstream front-end engineering and design contracts for the Fortuna floating LNG project in block R, offshore Equatorial Guinea to two contractor consortia.

Jubilee exporting gas to Ghana

Tullow Oil says oil production from the Jubilee field offshore Ghana averaged around 105,000 b/d during the first half of 2015.

Expro to engineer completions for next-phase Jubilee, TEN projects

Tullow Oil has awarded Expro contracts offshore Ghana with a total value of more than $100 million.

Aveon Offshore delivers subsea elements for deepwater Erha North

Aveon Offshore has completed fabrication and testing of supported manifold/suction piles for the Erha North Phase 2, and has loaded out these components.

Orca contracts shallow-water rig for Songo Songo offshore Tanzania

Orca Exploration Group has started the first phase of the Songo Songo development program offshore Tanzania.

ABB to power Cabaça compression/injection offshore Angola

Bumi Armada Berhad has commissioned ABB to supply electrification and automation systems for an FPSO on an Eni-operated oil field development offshore Angola.

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Webcasts

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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