Deepwater frontier successes are needed to sustain future exploration offshore northwest Borneo, according to a new report by Westwood. The report, entitled, “Sabah & Sarawak ...
Worldwide spending on offshore decommissioning is set to grow by more than 5% annually over the next few years, led by programs in the North Sea and Gulf of Mexico. But with facility...
DynaEnergetics reports that it has achieved a 100% success rate on field trials of its new DS Trinity perforating system. The company says that DS Trinity, which features three...
Universal Subsea Inc. (USI) has introduced Defender Stasis LT, a subsea equipment preservation fluid. It is a patented, lightweight, nontoxic, biodegradable preservation fluid...
As automation continues to expand into diverse industrial sectors, the demand for multi-channel fiber optic cable is following suit. However, there is an increasing need for high...
Logan Industries says that it has successfully completed a Reduced Bore Direct Acting Tensioner (RB-DAT) project to enable the use of the DAT in shallow water. The project required...
Drilling and completion can make up as much as 50% of field development costs for deepwater wells. Completion fluids, typically brines made of halides (chlorides and bromides)...
C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, is an integrated marine services organization that specializes in advanced subsea...
Bristow Group has a long history of service in the aviation industry. Established in 1955 as Bristow Helicopters Ltd. in the UK, it sold a stake in the organization to Offshore...
According to Greater Lafourche Port Commission Executive Director Chett Chiasson, the efficiencies that exist at Port Fourchon, which services more than 90% of deepwater offshore...
The collective power generation capacity of offshore wind installations worldwide grew by 4.5 gigawatts (GW) in 2018, representing less than 10% of the total global wind additions...
Downhole service providers continue to advance rotary steerable systems to deliver accurate wellbore placement, optimize borehole quality, and maximum drilling efficiency.
Digital connection of offshore assets is bringing improvements in maintenance and diagnostics, but it also exposes facilities to security and safety issues. Much of the vulnerability...
The digital twin framework enables operational excellence by helping oil and gas operators and owners take a model-focused approach that quickly turns massive amounts of data ...
Digitalization is driving a truly disruptive transformation within the oil and gas industry. Businesses need to keep up or risk falling behind. However, there is also a significant...
The subsea market has been one of the few bright spots for the offshore oil and gas industry following the market downturn that started in 2014. Arnaud Pieton, President of TechnipFMC...
The offshore pipeline construction market was particularly hard hit by the oil price downturn that began in 2014. The tightening of operator budgets constricted the offshore pipelay...
Energy systems are changing around the world, as both public and private sectors seek sustainable energy sources that also reduce CO2 emissions. Shell, perhaps most known for ...
Offshore exploration and field development are set to grow steadily throughout Sub-Saharan Africa. Numerous licensing rounds are under way in all parts of the continent, with ...
RenewableUK has launched a new industry group to set out the floating offshore wind industry’s strategy for large-scale deployment of floating wind farms in the UK, in partnership...
Keppel FELS Ltd. has delivered the jackup Cantarell IV to Grupo R and has received a repeat order from Awilco Drillling for a mid-water harsh environment semisubmersible. TechnipFMC...
BP has awarded the main subsea equipment contracts for the Greater Tortue Ahmeyim natural gas development offshore Mauritania and Senegal. Woodside Energy has contracted Subsea...
The ultra-deepwater drillship market is the segment of the rig market that was hit hardest by lower oil prices. However, recent data points suggest E&Ps will need to pay higher...
The Bureau of Ocean Energy Management continues to press forward with its “region-wide” leasing strategy in the Gulf of Mexico. And while the recently held Lease Sale 252 brought...
In 2018, 286 subsea trees were ordered, according to Westwood, the highest total since 2013. However, the growing order book has yet to translate into meaningful revenue growth...
Governments that depend on royalties and other forms of revenue from the oil and gas industry are reassessing the value of their fiscal systems, as competition heats up for a ...
Demand is growing for higher-spec drilling semis and jackups across most parts of northwest Europe. UK offshore production is back on an upward curve, while decommissioning costs...
BP has produced first gas from its Angelin field offshore Trinidad, while Petrobras is delivering more oil from the Búzios field in Brazil’s offshore Santos basin via a third ...