The Buckskin development

Jun 17th, 2019

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Will lower royalty rates boost offshore leasing in the United States?

Recently, the US Secretary of the Interior Ryan Zinke received a recommendation from the Royalty Policy Committee (RPC) to consider offering a 12.5% royalty rate across the board for upcoming lease sales in the next Five Year Offshore Leasing Program. A 12.5% royalty rate was made available for shallow-water leases last year, however, an 18.75% royalty rate remains and has been in effect for deepwater leases for approximately 10 years. With the recommendation of the Royalty Policy Committee now before

ATV growing deepwater valve design capability

Advanced Technology Valve designs and produces subsea valves and actuators that operate in water depths up to 3,000 m (9,842 ft), and other products for hydrocarbon processing on platforms.

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AUV-borne leak detection system inspects Mediterranean pipelines

Following extensive offshore trials, Co.L.Mar's acoustic leak detector has completed its first deployment from an autonomous underwater vehicle for inspection of pressurized pipelines.

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Valve/instrumentation group diversifies into firefighting

Valvitalia is expanding its service to the upstream sector after acquiring Italy's two main firefighting systems specialists, Silvani and Eusebi.

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Harsh environment valves, solenoids

Atos designs and manufactures ex-proof stainless steel valves, which can withstand severe corrosive environments and low ambient temperature up to -60°C (-76°F). Applications include use with water-based fluids and pure water.

Compressed natural gas carrier opens options for remote, marginal fields

Fincantieri Offshore is working on an alternative concept for a ship-shaped compressed natural gas carrier that could economically transport gas from stranded fields, compressed onboard to a pressure of 166 bar (2,407 psi), to a standard onshore unloading station or an existing regasification plant up to 1,500 mi (2,414 km) away.

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In situ data assist platform life extension studies

Determining the potential for field life extension and platform re-use involves modeling and calculations based on a wide range of factors.

Consultancy group extending services to Houston

Oil and gas consultancy services provider Interholding is forming a new division in Houston called Inter-Nebest.

Nigeria consortium to bid for further living quarters

Saipem's crane vessel S7000 has installed the 7,000-metric ton OFQ living quarters platform for Total's Ofon Phase 2 project offshore Nigeria. Eiffel Nigeria Ltd. is completing hookup and commissioning of the facility, which will be bridge-linked to the new Ofon P2 wellhead platform.

Deposition processes lessen wear on drilling tools

Anti-wear coatings specialist Technogenia is working on new processes to improve the durability of drilling tools.

Doris assessing subsea needs of latest West Africa mega-projects

Doris Engineering has been working on a series of deepwater studies in West Africa, one of the world's most active regions.

CFD alliance strengthens Bureau Veritas offshore hull evaluation capability

Classifcation society Bureau Veritas has entered a technical and commercial cooperation agreement with French hydrodynamic specialist HydrOcean, which will provide computational fuid dynamics services to BV's offshore clients.

MEG reclaiming technique inhibits hydrates, solids deposition

Prosernat, a subsidiary of Heurtey Petrochem and IFPEN, has long experience developing glycol-based regeneration systems for offshore and onshore projects such as Ormen Lange in the Norwegian Sea.

Dietswell expanding rig inspection, conceptual drilling services

Factorig, a division of Paris-based well engineering services provider Dietswell, was formed in Abu Dhabi in 2006 to provide rig inspection and QHSE auditing services using proprietary software developed for a wide range of drilling equipment.