The global floating production market has stirred back to life, according to analyst Rystad Energy. Last year brought some relief to the market, with six new FPSO orders worldwide...
Offshore contracting activity accelerated in September with 33 new contracts announced, up 17 year-over-year, according to analyst Evercore ISI. Of five term contracts confirmed...
In the third part of this series on Gulf of Mexico well activity, trends for abandoned wells are described. Circa 2017, 52,964 wells have been drilled in the Gulf of Mexico and...
Operators in the Gulf of Mexico (GoM) have had success recently focusing on incremental subsea tiebacks and near-field opportunities, and there remains uncaptured upside. However...
GeneGIS GI’s VAMP monitoring system allows offshore operators to track the movement of vessels close to sensitive infrastructure such as pipelines, lessening the risk of damage...
Bureau Veritas is helping offshore vessel owners improve the performance and costs of their facilities with its Asset Integrity Management System, Veristar AIM3D, developed jointly...
Subsea Valley is a group of around 200 companies in Norway’s capital region which includes offshore operators, service groups, technology developers and R&D institutes. It was...
The Bravenes, launched this May, is said to be the most versatile flexible fallpipe vessel in Van Oord’s fleet with a variety of subsea rock installation options. This summer ...
Butting has developed a glue-bonded mechanically lined pipe that is suitable for reel-lay installations. It retains the toughness and anti-corrosion properties of its forerunner...
Delegates from governments, NOCs, and IOCs will attend OMC 2019, an exhibition and conference in Ravenna focused on energy developments across the Mediterranean region.
Enpro Subsea has been working with operators globally to develop an alternative subsea hardware strategy, which it calls ‘smart standardization.’ This allows operators to maximize...
Swagelining, a Subsea 7 company has developed LinerBridge, the world’s first all-polymer connector qualified by DNV GL to technology readiness level five (TRL 5). The connector...
The Johan Castberg oil development in the Barents Sea is moving forward after a successful cost-cutting exercise. Aker Solutions has been one of the major contributors through...
The United States is becoming an exporter of energy products, enabled by the successful exploration and production of onshore shale deposits and offshore deepwater prospects for...
TGS and Schlumberger have announced a new multi-client nodal seismic project in the US Gulf of Mexico. Russia and Norway have signed an agreement on mutual rights to acquire seismic...
Planning has started for decommissioning of two gas field complexes offshore Nova Scotia. Brazil has awarded four new deepwater blocks to various major oil company consortia. ...
Total has discovered a large gas field close to its Laggan-Tormore pipeline system west of Shetland. Chevron and Shell agree to sales of their interests in the DUC, the Danish...
BP has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15% under budget. Originally planned for start...
Westwood has identified a total of 199 exploration wells drilled across the UK continental shelf (UKCS) over the past 10 years, in its report, UK Offshore Exploration Performance...
Ensco plc and Rowan Companies plc have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. The upgraded FPSO...
Petrobras has contracted Aker Solutions to provide a subsea production system and associated services for the Mero 1 project in the presalt Santos basin offshore Brazil. CNOOC...
Effective and proper grounding of subsea booster pump and power umbilical systems protects personnel and equipment in addition to supporting the reliable operation of equipment...
Rio de Janeiro-based ALQUER has introduced the ALQUER BCRSS-3D Ballast Control & Rig Stability Simulator, designed to provide eTraining. The simulator is a full computer-based...
The key challenge for floating rigs in the North Sea is reduction of NPT caused by downhole issues and waiting on weather, which can range from 15 to 35%. The technique of managed...
