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  • Volume 79, Issue 5

    More content from Volume 79, Issue 5

    (Courtesy Siccar Point Energy)
    Diamond Offshore’s Ocean GreatWhite has been drilling the Blackrock prospect west of Shetland.
    Siccar Point pursuing more oil west of ShetlandOne drilling campaign attracting special scrutiny is Siccar Point Energy’s five-month program on its licenses west of Shetland, ...
    May 1, 2019
    Randall Luthi, President, National Ocean Industries Association To the surprise of energy and political pundits, the United States leads the world in discovery and production ...
    May 1, 2019
    1905 Of Fryst Z01
    Higher oil prices, cash flows suggest new wave of spending Matthew Fitzsimmons, Emil Varre Sandøy, Rystad Energy To say that the recent downturn has been felt across the offshore...
    May 1, 2019
    (Courtesy BOURBON Offshore)
    The offshore support vessel BOURBON 508 stationed offshore Angola.
    Bureau Veritas (BV), offshore support vessel provider BOURBON, and Kongsberg Maritime have successfully tested a new method of performing dynamic positioning system performance...
    May 1, 2019
    (Courtesy ION Geophysical)
    Area to be covered by the Maya Reprocessing project.
    North/Central AmericaTGS and PGS will collaborate on this year’s North Tablelands 3D and Southeast Grand Banks 2019 2D multi-client projects offshore eastern Canada. North Tablelands...
    May 1, 2019
    (All images courtesy Watt & Well)
    Set-up for vibration.
    Over the past decade Watt & Well has developed a range of power electronics, associated software and control algorithms for downhole and surface drilling, logging and wireline...
    May 1, 2019
    (Courtesy BOEM)
    BOEM’s Acting Director Walter Cruickshank and the Consul General Dolph Hogewoning of The Netherlands sign MOU on offshore wind energy development.
    Offshore wind takes the next step globallyGlobal offshore wind cooperation took a step forward in early April as offshore wind regulators from around the world met as a group ...
    May 1, 2019
    (Courtesy Murphy E&P)
    Dalmatian pump control building being lifted onto the Petronius platform.
    William M. Taggart IV, Murphy Exploration & ProductionIn November 2016, Murphy Oil awarded a contract to design and install a subsea pump at the Dalmatian field in the Gulf of...
    May 1, 2019
    (Courtesy DORIS Group)
    Dashboard screenshot.
    François Thiébaud, DORIS Group Digitalization is a continuous improvement process that started many years ago. For oil and gas engineering companies, it encompasses a multitude...
    May 1, 2019
    (Courtesy Maersk Drilling)
    The ultra-deepwater semisubmersible Mærsk Deliverer has received a three-year contract for work in the Browse basin offshore Western Australia.
    Maersk ultra-deepwater semi wins long-term contract off AustraliaMaersk Drilling’s ultra-deepwater semisubmersible Mærsk Deliverer has received a three-year contract from Inpex...
    May 1, 2019
    (Courtesy Forssea Robotics)
    Atoll being lowered to the seafloor.
    Deepwater trials should start later this year of a new lightweight, observation-class ROV with autonomous docking capabilities. Forssea Robotics in Paris has been working on ...
    May 1, 2019
    (All images courtesy Cold Pad)
    Process-controlled tooling of C-Claw.
    Offshore operators are monitoring Cold Pad’s developments in bonded composite repairs of corroded steel structures in FPSOs. This follows successful outcomes for the first two...
    May 1, 2019
    (Courtesy Damen Verolme Rotterdam)
    This was the Stena Don’s fourth visit to the yard.
    Stena Don upgraded with eight-point mooring systemDamen Verolme Rotterdam (DVR) has completed a major refit of the Stena Drilling semisubmersible Stena Don. The vessel arrived...
    May 1, 2019
    Rystad Energy UCube
    Free cash flow from upstream activities for public companies
    The world’s publicly listed oil and gas companies are bringing in cash at the best rate ever even though oil prices have only partially recovered from the downturn, according...
    May 1, 2019
    Websiteimage Sunset
    As one of the areas most affected by the downturn, the offshore oil and gas industry continues to give much consideration to the future of the deepwater sector and how it can ...
    May 1, 2019
    Westwood Farm-Outs
    Notes: Shows the number of conventional exploration farm-outs split by location excluding North America. Note Westwood defines deepwater as >500 m Source: Westwood Farm-Outs
    Farm-ins to exploration programs are increasing since the recent low of 57 deals in 2016, according to Westwood Global Energy. However, the market remains well below the norm...
    May 1, 2019
    (Courtesy Neptune Energy)
    Duva is being developed as a subsea tieback to the Gjøa semisubmersible platform.
    TechnipFMC, Neptune form allianceNeptune Energy has entered into a global alliance agreement with TechnipFMC for delivering subsea projects. The alliance agreement has been signed...
    May 1, 2019
    (Courtesy Halliburton)
    The EarthStar ultra-deep resistivity service provides three different ways for the operator to visualize the reservoir structure.
    Tim Parker, Halliburton Sperry Drilling In costly offshore environments, E&P operators strive to lower their cost per foot and maximize their return from every well drilled. A...
    May 1, 2019
    Topsides, Platforms & Hulls Conference Advisory Board Standing from left to right: Fraser Senciall, Hess Corp.; David Brubaker, Keystone Engineering; Nathan Davidson, Williams; Ryan McLendon, Jacobs Engineering; Kevin Raatz, SBM Offshore; Scott Smith, KBR Inc; Arun Antony, Houston Offshore Engineering; Conference Director David Paganie, Offshore Sitting from left to right: Curtis Lohr, Shell Alumni; Eric Wensel, Wood; Marc Paquette, Shell; Advisory Board Chairman Lars Ronning, Equinor; Renard Falcon, Chevron; Mike Clarke, Murphy; Stafford Menard, Audubon Engineering Solutions Not pictured: Alec Johnson, Petrobras; David Petruska, BP; Shree Akhave, TechnipFMC/Genesis Oil & Gas; Jonathan Brewer, Stress Engineering Services; Boyd Howell, MODEC; Jon Husby, Aker Solutions; Matt Sellers, Kiewit Offshore Services; Bryan Trocquet, WorleyParsons
    Topsides, Platforms & HullsTopsides, Platforms & Hulls Conference & Exhibition, hosted by Equinor, was held Feb. 5-7, 2019 at the Moody Gardens Hotel & Convention Center in Galveston...
    May 1, 2019
    IHS Markit RigPoint
    Notes: Rig types included are jackups, semis, and drillships Source: IHS Markit RigPoint
    The offshore drilling market regressed a bit in March, although only by a small margin. The total number of jackups, semis, and drillships under contract fell by three units ...
    May 1, 2019
    Source: Rystad Energy UCube
    Location of the Glaucus-1 discovery in block 10 offshore Cyprus
    Jeremy Beckman, Editor-EuropeExploration drilling in the Eastern Mediterranean continues to deliver giant gas discoveries. The question is, how much of these are actually needed...
    May 1, 2019
    1905 Of Fwood Z01
    Christopher M. Barton, WoodJust prior to the oil price crash in 2014, oil majors were investing more than $300 billion in global offshore projects. Investment in deepwater projects...
    May 1, 2019
    Offshore spending is expected to increase this year for the first time in five years, and then grow by an estimated 7% CAGR through 2025. All phases of offshore upstream will...
    May 1, 2019
    Weatherford says that its TR1P technology represents the industry’s first 100% interventionless completion system.
    Weatherford International plc has brought to market what it describes as the world’s first remote-activated, single-trip deepwater completion system. The company says that by...
    May 1, 2019
    The Pioneering Spirit installing the topsides for the processing platform at the Johan Sverdrup field center. (Courtesy Allseas/Equinor)
    Jeremy Beckman, Editor-EuropeRegulatory authorities in Norway and the UK are pushing E&P companies to step up development and exploration, mindful of the prospect of a steady ...
    May 1, 2019
    (All images courtesy WorleyParsons)
    Inside the giant Rosenberg WorleyParsons fabrication facilities in Stavanger.
    Since 2013, the former Rosenberg fabrication yard in Stavanger has been part of the WorleyParsons group. The site, unlike most others in Europe, has had continuous activity since...
    May 1, 2019
    (All images courtesy V.Group)
    In the near term, the offshore supply vessel market will continue to suffer from low day rates.
    Maciek Bejm, V.GroupAlthough the offshore supply vessel (OSV) market remains challenging, prospects are finally improving. The offshore industry is moving into recovery mode with...
    May 1, 2019
    (All images courtesy i-Tech 7)
    Each skid features a set of interchangeable ROV interface adapters that allow for easy mounting to all ROV models commonly used offshore.
    Gram Hall, i-Tech 7A newly developed hydrate remediation skid (HRS) incorporates smart, real-time software to address and prevent the potentially harmful build-up of hydrate in...
    May 1, 2019
    (All images courtesy Coretrax)
    The CX-LTTT (HD) combines the drill out of cement, clean-up, displacement and inflow test operations in one run.
    Lyndsay Harley, CoretraxDrilling through cement, shoe tracks, and plug sets has traditionally been performed over multiple trips in hole. But the high volumes of debris created...
    May 1, 2019
    Chairman*Richard ClarkPresidentKosmos EnergyVice Chairman*Galen Cobb Vice PresidentIndustry RelationsHalliburtonSecretaryDoug PolkVice President Industry AffairsNorth AmericaVallourecTr...
    May 1, 2019
    Installation this March of the 1,500-metric ton (1,653-ton) jacket for the Deutsche Bucht Offshore substation, 100 km (62 mi) offshore northern Germany.
    Over the past few years Eiffage has extended its offshore construction portfolio through the acquisition of Smulders Group and more recently of Saipem Travaux Maritime (since ...
    May 1, 2019
    (Courtesy Shell Australia)
    The 488-m (1,600-ft) long Prelude FLNG vessel is stationed 475 km (295 mi) north-north east of Broome in Western Australia.
    PTTEP makes major movesJessica Stump, Assistant EditorOperators have made a final investment decision (FID) and started production from a few notable gas projects across Asia/...
    May 1, 2019
    The National Ocean Industries Association (NOIA) is the only national trade association representing every segment of the offshore energy exploration and production industry.Comprising...
    May 1, 2019