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  • Volume 80, Issue 6 June/July

    • Volume 80, Issue 6 June/July

    June/July
    (Courtesy Neptune Energy)
    Planned location of the PosHYdon pilot plant on the Q13a platform.
    Renewable Energy

    North Sea operators investigating wider roles for renewable energy

    July 1, 2020
    A consortium including Neptune Energy is investigating the potential for production of hydrogen on offshore platforms to provide a cleaner energy source.
    Courtesy Aker Solutions
    Aker Solutions says that carbon capture, utilization and subsea storage technologies will be a key market going forward.
    Subsea

    Subsea carbon storage movement gathers momentum

    July 1, 2020
    As the offshore industry embraces the “energy transition,” operators and developers are looking for ways to capture carbon and store it offshore in man-made subsea storage facilities...
    (Courtesy Maersk Drilling)
    The Maersk Integrator will be the drilling contractor’s second hybrid, low-emissions jackup.
    Vessels

    Industry ramps ups efforts to decarbonize offshore rigs and vessels

    July 1, 2020
    Offshore drilling rig contractors and support vessel operators are increasingly developing and using technologies that not only reduce emissions but also improve operational efficiency...
    (Courtesy Nomisg/Dreamstime.com)
    Offshore oil rigs under construction at the DSME shipyard in Okpo, South Korea.
    Drilling & Completion

    Rig construction market suffers repeated blows

    July 1, 2020
    The building of new rigs was already in a difficult spot considering that the market is still oversupplied, and the situation has only been hampered further by the oil price collapse...
    Modu Survey
    Vessels

    2020 Worldwide MODU Construction/New Order Survey

    July 1, 2020
    Get the latest detailed and comprehensive listing of the worldwide mobile offshore drilling units under construction.

    More content from Volume 80, Issue 6 June/July

    (All images courtesy EM&I)
    Micro ROV for tank inspection.
    Production

    Robotics advances improving safety, inspection efficiency on offshore platforms

    July 1, 2020
    Offshore platforms of the future will need to be designed to accommodate robotic, remote, and digital technologies and operate with a minimum number of Persons on Board.
    (Images courtesy Schlumberger)
    Subsea safety module with integral mud mat deployed on wire offshore the UK.
    Subsea

    Open-water hydraulic access improves economics of subsea well intervention

    July 1, 2020
    When a subsea well needs to deliver treatment fluids to the reservoir or flowline, OWHA enables operators to review their legacy preliminary budgeting tools, and in many cases...
    (Images courtesy Ulstein Verft)
    The hull of the CLV Nexans Aurora arriving at the Ulstein Verft shipyard in Ulsteinvik, Norway in June.
    Subsea

    Next-generation construction vessel in Norway for final outfitting

    July 1, 2020
    The Aurora’s stand-out feature will be its high-capacity cable-handling spread.
    (Image courtesy TechnipFMC)
    The subsea power distribution station consists of a transformer, variable speed drive, and power transmission umbilical and connectors.
    Equipment Engineering

    OTC honors new products and services

    July 1, 2020
    Eighteen technologies from 14 companies from around the world received the Spotlight on New Technology Award.
    (Courtesy BW Offshore)
    Remote collaboration from BW CATCHER to DNV GL in Aberdeen as well as BW Offshore base offices in Aberdeen, Oslo, and Singapore.
    Equipment Engineering

    Augmented reality boards FPSO BW CATCHER

    July 1, 2020
    Augmented reality platform proves to be useful tool for remote collaboration.
    Websiteimage Sunset
    Renewable Energy

    Oil companies embrace energy transition

    July 1, 2020
    Despite COVID-induced disruptions, the energy transition continues to gain momentum.
    2007 Of Fdata P01
    Drilling & Completion

    Worldwide offshore rig count and utilization rate

    July 1, 2020
    The double whammy of oil price instability and the spreading COVID-19 pandemic has taken its toll on the market, reversing most of the modest upward trends that had been made ...
    2007 Of Fdata P02
    Renewable Energy

    European offshore wind capex set to rise

    July 1, 2020
    Rystad Energy anticipates that capex on offshore wind will surpass upstream oil and gas spending in Europe in 2022.
    (Source: Westwood State of Exploration 2020 Report)
    2007 Of Fdata P03
    Drilling & Completion

    Drillers improved exploration performance in 2019

    July 1, 2020
    Westwood Global Energy Group’s ‘State of Exploration 2020’ report reveals an increase in drilling globally last year, with improved performance.
    (Courtesy Aquaterra Energy)
    Aquaterra will supply a smaller Sea Swift platform for the Zandolie gas field.
    Regional Reports

    Global E&P

    July 1, 2020
    Repsol and Petrobras discover oil offshore Mexico and Brazil. Aker Energy is working on a revised, phased development of the deepater Pecan oilfield offshore Ghana.
    (Courtesy Allseas)
    The Pioneering Spirit lifting the Brent Alpha topsides.
    Regional Reports

    Tax uplift for Norwegian operators

    July 1, 2020
    Norway has introduced temporary tax relief measures that have had immediate effect, boosting offshore project activity.
    (Courtesy Baker Hughes)
    The rig count in the US Gulf of Mexico has fallen by 50% from Jan. 3, 2020, to June 19, 2020, from 22 to 11 rigs.
    Regional Reports

    Gulf of Mexico E&P faces challenges in changing marketplace

    July 1, 2020
    Operators are adjusting their budgets and strategies in response to the 2020 oil price crash.
    (Courtesy Aker Solutions)
    The main advantage with this concept is that the system is kept subsea and not taken onboard the rig.
    Subsea

    Aker Solutions books King’s Quay job, introduces workover system

    July 1, 2020
    Subsea 7 has contracted Aker Solutions to deliver umbilicals for Murphy Exploration and Production Company - USA’s King’s Quay development in the deepwater US Gulf of Mexico.
    (Courtesy Excelerate Energy)
    The Excelerate Sequoia can operate as both an FSRU and an LNG carrier.
    Vessels

    Excelerate takes delivery of its 10th FSRU

    July 1, 2020
    Daewoo Shipbuilding and Marine Engineering has delivered the FSRU Excelerate Sequoia to Excelerate Energy L.P.
    (Courtesy Odfjell Drilling)
    The Odfjell Drilling-operated semisubmersible Deepsea Yantai has spudded Dugong, Neptune Energy’s first operated exploration well in the northern Norwegian North Sea since its Duva discovery in 2016. The prospect is 158 km (98 mi) west of the coastal town of Florø in a water depth of 330 m (1,082 ft), and close to the Snorre field production facilities. Its reservoir is at a subsurface depth of 3,250 to 3,400 m (10,663-11,155 ft).
    Drilling & Completion

    Offshore drilling market faces existential moment

    July 1, 2020
    The offshore drilling industry is facing its second wave of bankruptcies in four years.
    (Photo by Øyvind Gravås, courtesy Equinor)
    Equinor launched the world's first operational deepwater floating large-capacity wind turbine, Hywind, in 2009. In June, it joined the Offshore Renewable Energy Catapult’s national Floating Offshore Wind Centre of Excellence.
    Renewable Energy

    International majors pledge their support of floating offshore wind center

    July 1, 2020
    Ten organizations have joined the Offshore Renewable Energy Catapult’s national Floating Offshore Wind Centre of Excellence.
    Websiteimage
    Coronavirus

    COVID-19 and its impact on offshore construction

    July 1, 2020
    Offshore projects are being delayed or postponed indefinitely and companies along the supply chain are facing substantial difficulties.
    Websiteimage Sunset
    Business Briefs

    Business Briefs

    July 1, 2020
    The latest personnel changes and company news for the offshore oil and gas industry.
    Websiteimage Sunset
    Production

    Energy industry should embrace digitalization

    July 1, 2020
    The energy industry should move faster along the digital transformation process, if it is to withstand the repercussions of the volatile oil price and COVID-19.