Volume 78, Issue 8

Global FLNG capex is projected to total $52.8 billion over the 2019-2024 period, according to Westwood Energy’s latest market forecast.

Recent project approval activity suggests that 2018 could see 200 projects approved by year-end. Collectively, $127 billion of offshore and onshore projects could be approved ...

Sulzer Mixpac USA, Inc., has announced the availability of MIXPAC MixCoat Manual, a protective coating dispensing system that features a lightweight design with a unique brush...

With a simple, topside connection, Veros Systems says that its new technology provides real-time operating information, such as efficiency, shaft torque, mechanical load and power...

Titan Subsea Innovations, LLC has introduced the Misalignment Flange, which it says provides ease of makeup to an industry standard flange face where rotational and angular misalignment...

Various major operators are negotiating sales or mergers involving their North Sea area production interests. Equinor commits to third-phase development of the Troll gas field...

Strict environmental regulations are in place for managing the disposal of drilling waste, with operators required to transfer, store, and process drill cuttings in a responsible...

Pumps and compressors installed on the seabed, near the wellhead, can help operators squeeze more out of existing reservoirs or develop new wells in previously unworkable areas...

There was little to no increase in the number of deepwater production units in operation between 2017 and 2018, essentially signaling a flat market. This fact is not surprising...

Tullow Oil has issued progress reports on its two deepwater development projects offshore Ghana. The drillship Stena Forth is due to start a three-well campaign (with extension...

Esso Exploration and Production Guyana Ltd. has contracted SBM Offshore to perform front-end engineering and design for a second FPSO for the deepwater Liza development offshore...

Total has awarded Subsea 7 an EPCI contract for the Zinia Phase 2 project in deepwater block 17, 150 km (93 mi) offshore Angola. POSCO Daewoo Corp. has contracted McDermott and...

Over the past decade, there has been a significant reduction in the number of shallow water structures installed in the Gulf of Mexico, and record levels of decommissioning activity...

On July 12, the Bureau of Ocean Energy Management (BOEM) announced Lease Sale 251, in which it will offer approximately 78 million acres offshore Texas, Louisiana, Mississippi...

Through focusing on multi-client surveys offshore Brazil and initiating the environmental permit process as early as possible, CGG has been able to offer the industry large volumes...

Norway’s current offshore construction boom could be dampened by a shortage of new projects after 2020, which could cause a steep production decline from the mid-2020s onward....

Aker BP is implementing numerous schemes to improve recovery and sustain production from the Valhall area fields in the Norwegian North Sea. These include developing previously...

Allseas’ giant multi-purpose construction vessel Pioneering Spirit has come through another major test, installing it first-ever heavy platform topsides for Equinor’s Johan Sverdrup...