Volume 78, Issue 5

Except for a few notable projects, field development activities in the US Gulf of Mexico have been few and far between in recent years. While other offshore regions have begun...

Statoil and AkerBP are leading a revival of offshore field development in northwest Europe, but exploration drillers need to deliver to sustain production levels.

Since 2014, the oil and gas industry has been challenged by falling oil prices. These lower prices have reduced both global investment levels and corresponding industry revenues...

The offshore oil and gas industry’s all-too-familiar project production shortfalls during the first two years after project start-up have been extensively documented. Each company...

Unmanned aerial vehicles (UAVs) and remotely operated crawlers are providing a close-up view of an increasing number of offshore structures. Horizon Data Services is working on...

SNEF has acquired three contractors as it seeks to raise its profile as a supplier of multi-discipline offshore engineering services.

Eiffage Métal is bidding for multiple offshore platform construction contracts offshore Argentina, Nigeria and Senegal, and for a deepwater windfarm project offshore southern ...

Sercel has added a new high-resolution solid streamer, the Sentinel HR, to its Sentinel towed-streamer range for offshore seismic survey acquisition.

iXblue’s Delph software is evolving to suit the growing data needs for subsea site surveys, pipeline inspections and decommissioning campaigns.

The offshore industry has developed incredible technological advances since the first OTC in 1969. Unfortunately, depressed commodity prices and massive regulatory requirements...

Recently, the US Secretary of the Interior Ryan Zinke received a recommendation from the Royalty Policy Committee (RPC) to consider offering a 12.5% royalty rate across the board...

BiSN is addressing concerns over the effectiveness of downhole sealing technology via a new technique that combines the unique properties of bismuth with the heat capacity of ...

The offshore industry has embraced the first steps in digitalization. Leading owner-operators and engineering companies are using digital tools to achieve and sustain capital ...

There is wide scope for a digital approach to resolve or simplify many of the issues that complicate offshore pipeline design, construction and operation.

Hydrate blockages are a notorious problem for deepwater subsea field developments due to the extreme environments in which these developments are operated. Successful subsea hydrate...

To help Tullow Ghana Ltd. (Tullow Oil) meet its commitment to safe and reliable operations, Deepwater Corrosion Services, Inc. was selected to prepare and execute a cathodic protection...

Spirit Energy is preparing to shut down certain platforms at its Morecambe Bay fields in the Irish Sea, while at the same time refurbishing others for extended service. The aim...

Wild Well Control is bringing new and alternative well intervention methods with its improved, second-generation 7Series system. The redesigned light well intervention system ...

There are many ways to classify offshore structures and the most common categories involve production status, function, structure, and product type. In the third part of this ...

The latest personnel changes and company news for the offshore oil and gas industry

Westwood Energy forecasts subsea vessels operations and hardware expenditure to total $149.4 billion over the 2018-2022 period.

On average, Rystad Energy expects total offshore investments to grow by 2.0% by 2020.

UK offshore operators need to adopt a more consistent approach to salt build-up in their wells, according to the Oil & Gas Authority. Elsewhere, a new type of jackup has started...

The offshore rig market had a month of mixed results in February.

TGS has started multi-beam acquisition for the Brazil Southern Basins SeaSeep project in the Campos and Santos basins offshore Brazil. Spectrum has started a 6,000-km (3,728-mi...

Bahrain’s National Oil and Gas Authority has announced a potentially giant offshore oil discovery in the Khalij al-Bahrain basin. This follows the award of a contract last year...

The offshore oil and gas industry is finally in position for investment growth after a protracted stretch of cost-compression and consolidation. New research by Rystad Energy ...

TechnipFMC has contracted Sembcorp Marine Rigs & Floaters Pte. Ltd. to engineer, procure, and construct the hull and living quarters of the newbuild FPSO bound for the Energean...

Energean Oil & Gas has awarded TechnipFMC an iEPCI (integrated engineering, procurement, construction, and installation) contract for the Karish gas field development in the Mediterrane...

The Bureau of Ocean Energy Management has reported that Lease Sale 250 garnered $124,763,581 in high bids for 148 tracts covering 815,403 acres in the Gulf of Mexico’s Western...