While the industry gradually recovers, one area that is showing continued growth is the ocean bottom node seismic market. Demand is largely driven by oil and gas companies’ focus...
Drilling activities are picking up in a number of offshore regions, and drilling contractors and downhole service firms are developing and introducing new technologies to help...
The offshore industry is applying new robotic and digitization methods for inspections of floating platforms which reduce the need for human intervention for routine or hazardous...
ZADCO has conducted a structural integrity assessment for structures in the Zakum Central Complex offshore Abu Dhabi, to assess the potential for life extensions of the facilities...
When R.J. Brown (or “Bob,” as many knew him), passed away in late January 2018, the offshore industry noted the loss of one its leading marine pipeline engineers.
Halfwave, an in-line oil and gas pipeline inspection technology company, has won four contracts for subsea pipeline inspections involving use of its ROV-mounted Artemis tool.
MacGregor says that its dedicated fiber-rope offshore crane, FibreTrac, allows operators to use the full lifting capacity of the crane, at practically any depth, so that a smaller...
A new well abandonment tool developed by Aberdeen-headquartered Deep Casing Tools has gone from concept to offshore trial with Equinor in just nine months.
Deepwater Subsea has signed a two-year agreement with TrendMiner, a provider of self-service analytics solutions, to use their software within its BOP real-time monitoring service...
A new method of pressure testing suspended mudline wells from a vessel, prior to P&A activity, developed by Unity, is set to deliver improved safety and cost savings following...
There are many concepts that aim to improve the economics of stranded resources, but one alternative for gas is reportedly gaining interest. It involves converting the resource...
After a couple consecutive months of healthy growth, the offshore drilling market has returned to being nearly flat. The total number of jackups, semis, and drillships under contract...
The market sector for services in engineering, procurement, construction, and installation (EPCI) has been trudging along through the downturn since the oil price crash. However...
In 1H 2019, 51 high-impact exploration wells were completed, according to Jamie Collard, senior analyst, Westwood. Sixteen discoveries estimated to be over 100 MMboe were made...
North America Hilcorp has approval from the Bureau of Ocean Energy Management to acquire the first geophysical survey since 2015 over the Cook Inlet off southern Alaska. The 3D...
Sputnik extends Barents oil province Equinor and OMV have revived hope of an oil province in the Barents Sea with their Sputnik discovery in the northern Hoop area. Recent wildcat...
More Gulf projects receive final investment decisionAfter years in the doldrums, things seem to be moving again in the Gulf of Mexico. In August, both Murphy and Shell gave long...
MODEC unveils next-generation FPSO hulls MODEC expects demand to keep rising for newbuild FPSO hulls and has therefore joined forces with Mitsui E&S Shipbuilding to develop MODEC...
Drilling rig contractors see signs of market improvementOffshore drilling rig contractors are reporting that they are seeing signs of market improvement, particularly in day rates...
World’s first floating wind farm project moves forward Equinor reports that Enova has approved an application for funding of up to NOK2.3 billion ($256 million) to support the...
People Petrolia NOCO AS has appointed Linn Katrine Høie as managing director. Noreco has appointed Euan Shirlaw as CFO. ONGC has appointed Rajesh Kumar Srivastava as exploration...
The subsea industry has, however, come up against three significant challenges within the last 10 years which have changed the technical approach to projects, and how they are...