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  • Volume 82, Issue 1 January/February 2022
  • Volume 82, Issue 1 January/February 2022

    (Courtesy SBM Offshore)
    The FPSO Prosperity arrives at the Keppel shipyard in Singapore.
    The FPSO Prosperity arrives at the Keppel shipyard in Singapore.
    The FPSO Prosperity arrives at the Keppel shipyard in Singapore.
    The FPSO Prosperity arrives at the Keppel shipyard in Singapore.
    The FPSO Prosperity arrives at the Keppel shipyard in Singapore.
    Field Development

    Confidence returning to floating production market

    Feb. 1, 2022
    Fully 80% of global survey respondents express positive sentiments.
    Rystad2022
    Rystad2022
    Rystad2022
    Rystad2022
    Rystad2022
    Field Development

    Offshore service sector looks forward to positive 2022

    Feb. 1, 2022
    Oil and gas spend expected to grow by 7% this year.
    Source: Westwood Global Energy
    2202 Of Fwood Figure
    2202 Of Fwood Figure
    2202 Of Fwood Figure
    2202 Of Fwood Figure
    2202 Of Fwood Figure
    Field Development

    Offshore industry enters new year with renewed optimism

    Feb. 1, 2022
    Up to 100 projects could be sanctioned with an associated $71 billion in capex.
    Photo 135171233 © Shane Adams | Dreamstime.com
    Go M Drill Rig Shane Adams Dreamstime M 135171233
    Go M Drill Rig Shane Adams Dreamstime M 135171233
    Go M Drill Rig Shane Adams Dreamstime M 135171233
    Go M Drill Rig Shane Adams Dreamstime M 135171233
    Go M Drill Rig Shane Adams Dreamstime M 135171233
    US & Gulf of Mexico

    Gulf of Mexico deepwater discoveries tick up slightly

    Feb. 1, 2022
    Five new finds announced over past twelve months.
    (Photo: Harald Pettersen/Equinor)
    The Oseberg platform complex in the Norwegian North Sea.
    The Oseberg platform complex in the Norwegian North Sea.
    The Oseberg platform complex in the Norwegian North Sea.
    The Oseberg platform complex in the Norwegian North Sea.
    The Oseberg platform complex in the Norwegian North Sea.
    North Sea & Europe

    Incentives, government support driving Norway’s conveyor belt of projects

    Feb. 1, 2022
    Offshore operators in Norway are forging ahead with new field developments, taking advantage of temporary tax breaks, higher oil prices and Europe-wide gas shortages.

    More content from Volume 82, Issue 1 January/February 2022

    (Courtesy ConocoPhillips)
    The Tommeliten A field will be developed via a 25-km (16-mi) tieback to the Ekofisk complex.
    The Tommeliten A field will be developed via a 25-km (16-mi) tieback to the Ekofisk complex.
    The Tommeliten A field will be developed via a 25-km (16-mi) tieback to the Ekofisk complex.
    The Tommeliten A field will be developed via a 25-km (16-mi) tieback to the Ekofisk complex.
    The Tommeliten A field will be developed via a 25-km (16-mi) tieback to the Ekofisk complex.
    Subsea

    Even with oil price rebound, subsea tiebacks remain popular

    Feb. 1, 2022
    The low capex requirements and short cycle times have enabled many projects to move forward.
    (Courtesy Cadeler)
    COSCO will build two GustoMSC NG-20000X design jackup vessels.
    COSCO will build two GustoMSC NG-20000X design jackup vessels.
    COSCO will build two GustoMSC NG-20000X design jackup vessels.
    COSCO will build two GustoMSC NG-20000X design jackup vessels.
    COSCO will build two GustoMSC NG-20000X design jackup vessels.
    Vessels

    Offshore wind market propels demand for heavy-lift vessels

    Feb. 1, 2022
    Demand for specialized installation vessels has soared over the past year in response to the growth of the offshore wind energy market.
    All images courtesy Well-SENSE
    Distributed acoustic sensing (DAS) well log illustrating bleed down of B-annulus.
    Distributed acoustic sensing (DAS) well log illustrating bleed down of B-annulus.
    Distributed acoustic sensing (DAS) well log illustrating bleed down of B-annulus.
    Distributed acoustic sensing (DAS) well log illustrating bleed down of B-annulus.
    Distributed acoustic sensing (DAS) well log illustrating bleed down of B-annulus.
    Production

    New leak detection technology shows promise in a range of applications

    Feb. 1, 2022
    Disposable fiber line intervention system can pinpoint offshore leaks in minutes.
    Fatigue Counter dashboard.
    Fatigue Counter dashboard.
    Fatigue Counter dashboard.
    Fatigue Counter dashboard.
    Fatigue Counter dashboard.
    Subsea

    Digital model helps define long-term riser performance

    Feb. 1, 2022
    ‘Fatigue counter’ incorporates metocean criteria, operational data.
    (Photo Colin Keldie / courtesy Mocean Energy)
    Blue X on the dockside at Hatston Pier in Orkney following its five-month test program.
    Blue X on the dockside at Hatston Pier in Orkney following its five-month test program.
    Blue X on the dockside at Hatston Pier in Orkney following its five-month test program.
    Blue X on the dockside at Hatston Pier in Orkney following its five-month test program.
    Blue X on the dockside at Hatston Pier in Orkney following its five-month test program.
    Renewable Energy

    Wave energy converter offers lower-cost subsea power option

    Feb. 1, 2022
    Trials will resume later this year on Mocean Energy’s Blue X wave energy machine following five months of tests at sea offshore Orkney, northern Scotland, in 2021.
    Source: Westwood Analysis
    Hydrogen commercialization routes to meet objectives of domestic climate commitment and/or stimulating economic development.
    Hydrogen commercialization routes to meet objectives of domestic climate commitment and/or stimulating economic development.
    Hydrogen commercialization routes to meet objectives of domestic climate commitment and/or stimulating economic development.
    Hydrogen commercialization routes to meet objectives of domestic climate commitment and/or stimulating economic development.
    Hydrogen commercialization routes to meet objectives of domestic climate commitment and/or stimulating economic development.
    Renewable Energy

    Northwest Europe assesses feasibility of hydrogen marketplace

    Feb. 1, 2022
    Each country must identify possible synergies, collaboration opportunities.
    Websiteimage
    Websiteimage
    Websiteimage
    Websiteimage
    Websiteimage
    Field Development

    Floating production market poised for growth

    Feb. 1, 2022
    The investment forecast for offshore oil and gas sanctioning this year is north of $70 billion and includes up to 18 floating production units, compared to just nine in 2021.
    Chart
    Chart
    Chart
    Chart
    Chart
    Drilling & Completion

    Worldwide offshore rig count and utilization rate

    Feb. 1, 2022
    The offshore drilling market is continuing to recover, albeit at a relatively modest pace.
    (Source: Westwood Analysis)
    2202 Of Fdata P03
    2202 Of Fdata P03
    2202 Of Fdata P03
    2202 Of Fdata P03
    2202 Of Fdata P03
    Drilling & Completion

    Industry focusing on quicker returns

    Feb. 1, 2022
    Seventy-four high-impact exploration wells were completed last year.
    2202 Of Fdata P02
    2202 Of Fdata P02
    2202 Of Fdata P02
    2202 Of Fdata P02
    2202 Of Fdata P02
    Field Development

    Brazil propelling FPSO market rebound

    Feb. 1, 2022
    Rystad Energy expects 10 FPSO contract awards in 2022.
    (Courtesy TotalEnergies)
    Location of the Atapu and Sépia fields in the presalt Santos basin.
    Location of the Atapu and Sépia fields in the presalt Santos basin.
    Location of the Atapu and Sépia fields in the presalt Santos basin.
    Location of the Atapu and Sépia fields in the presalt Santos basin.
    Location of the Atapu and Sépia fields in the presalt Santos basin.
    Regional Reports

    Global E&P

    Feb. 1, 2022
    Petrobras and four co-venturers have secured production-sharing contracts for the deepwater Atapu and Sépia fields in the Santos basin.
    (Courtesy Petrobras)
    HISEP is expected to be tested in the Mero 3 area in the Libra block offshore Brazil.
    HISEP is expected to be tested in the Mero 3 area in the Libra block offshore Brazil.
    HISEP is expected to be tested in the Mero 3 area in the Libra block offshore Brazil.
    HISEP is expected to be tested in the Mero 3 area in the Libra block offshore Brazil.
    HISEP is expected to be tested in the Mero 3 area in the Libra block offshore Brazil.
    Subsea

    Petrobras advancing high pressure separation technology

    Feb. 1, 2022
    Petrobras has started contracting suppliers to design, construct, install, and test its patented HISEP technology.
    Photo by Gennine Kärrsten, courtesy InterMoor
    Subsea 7, with InterMoor’s support, towed the Argos FPU from Ingleside, Texas, to its final offshore site in the Green Canyon area.
    Subsea 7, with InterMoor’s support, towed the Argos FPU from Ingleside, Texas, to its final offshore site in the Green Canyon area.
    Subsea 7, with InterMoor’s support, towed the Argos FPU from Ingleside, Texas, to its final offshore site in the Green Canyon area.
    Subsea 7, with InterMoor’s support, towed the Argos FPU from Ingleside, Texas, to its final offshore site in the Green Canyon area.
    Subsea 7, with InterMoor’s support, towed the Argos FPU from Ingleside, Texas, to its final offshore site in the Green Canyon area.
    Drilling & Completion

    High-impact drilling focused on the Americas, Africa

    Feb. 1, 2022
    Seventy-four high-impact exploration wells were completed worldwide last year, according to Westwood Global Energy Group.
    Photo 31867247 © Chuyu | Dreamstime.com
    Offshore wind farm at dusk in the east China sea.
    Offshore wind farm at dusk in the east China sea.
    Offshore wind farm at dusk in the east China sea.
    Offshore wind farm at dusk in the east China sea.
    Offshore wind farm at dusk in the east China sea.
    Renewable Energy

    New York Bight offshore wind lease sale set for February

    Feb. 1, 2022
    The Bureau of Ocean Energy Management will hold a wind auction on Wednesday, Feb. 23 for more than 480,000 acres offshore New York and New Jersey.
    Pete Jones
    Pete Jones
    Pete Jones
    Pete Jones
    Pete Jones
    Business Briefs

    Business Briefs

    Feb. 1, 2022
    The latest personnel moves and company news in the offshore energy industry.
    Websiteimage Sunset
    Websiteimage Sunset
    Websiteimage Sunset
    Websiteimage Sunset
    Websiteimage Sunset
    US & Gulf of Mexico

    If we choose it: 2022 can be a year of energy opportunity

    Feb. 1, 2022
    Our policymakers should seize the energy, economic, and climate solutions the women and men of the offshore energy industry are providing.