Offshore ///
Norway’s oil regulator seeks value creation through better use of data
“Having the right data available at the right time and in the right format can have a huge impact for the future of the Norwegian shelf,” says May Karin Mannes, the Norwegian Petroleum Directorate's Director for shelf analyses and data management.
Carbon+Intel - DNV and energy majors launch JIP to develop low-pressure CO2 transport by ships
Equinor, Shell, TotalEnergies, Gassco and classification society DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships.
Maersk Drilling launches Horizon56 to drive offshore digitalization
Maersk Drilling has spearheaded an effort to develop a first-of-a-kind product to support digitalization of offshore drilling processes. The solution, known as RigFlow, has now been segregated into the digitally focused company named Horizon56 A/S to drive further development and commercialization.
UK says oil and gas projects can comply with new net-zero rules
The UK proposed a series of climate change tests to determine whether new oil and gas fields can be built off its shores, but said its net-zero pledge doesn’t require the industry to be shut down.
Wood secures $160m of UK North Sea contract wins in Q4 2021
Wood has further strengthened its position as the leading partner for operations solutions in the UK North Sea following a series of contract awards with key clients in the fourth quarter of 2021, including Shell UK and Dana Petroleum.
Equinor taps Cognite to expand data capabilities across its asset portfolio
Cognite announced a collaboration with Equinor to expand data capabilities and support the company’s digital ambitions.
TotalEnergies, Shell place big bets on Brazil’s offshore oil
European supermajors TotalEnergies SE and Royal Dutch Shell Plc will join Brazil’s state-controlled oil giant at two key fields, marking the latest expansion in Latin America’s largest crude producer and an important victory for President Jair Bolsonaro.
Maersk Drilling, Aker BP ink $1 billion drilling contract
Maersk Drilling extended a drilling agreement with Aker BP ASA in a $1 billion five-year contract, securing a major revenue source.
Amplify Energy faces criminal charges over California oil spill
Amplify Energy Corp. was charged with criminal negligence in California’s worst oil spill in almost three decades, in which an estimated 25,000 gallons (94,635 liters) of crude oil leaked from a submerged pipeline off the coast of San Diego.
Canada’s oil output may start declining in 2032, regulator says
Canada’s oil production could continue to rise for the next decade and then begin declining as countries strive to reduce carbon emissions, the Canada Energy Regulator said Thursday.
Oil industry CEOs warn energy transition depends on fossil fuel investment
Buoyed by high oil prices, the bosses of the biggest explorers this week laid out a vision for the energy transition that hinges on more fossil-fuel investment rather than less.
BP sweetens Scotland offshore wind bid with jobs promise
BP Plc is beefing up its bid to develop wind projects off Scotland’s coast with the promise of creating hundreds of local jobs if it wins.
Chevron’s Angola subsidiary signs 20-year extension for Block 0
Cabinda Gulf Oil Company Limited has signed a contract with Angola’s Agency for Oil, Gas and Biofuels aimed at extending the exploration and production of Block 0, in Cabinda, for another 20 years.
Reducing conservatism and increasing service life of subsea BOPs with novel strain sensor
A company has developed a novel sensor technology to overcome direct measurement of load using strain gauges that allows for accurate measurement of strains in a wide measuring range, as part of a subsea wellhead integrity monitoring system.
Lessons from the Gulf of Mexico: Expediting an offshore platform’s decommissioning
With the backlog of idle offshore platforms steadily increasing, the industry needs to optimize procedures and operational strategies to reduce costs while improving overall HSE during and after decommissioning.
Embracing an Alliance mindset to sustainably unlock offshore production potential
Industry indicators point toward increasing demand for oil and gas, with the offshore market playing an integral role in the short- and long-term energy mix. However, as the offshore industry looks toward an upcycle, the landscape looks different from those of the past.
Novel combined chemical product increases production and reduces costs
During a recent North Sea project, production had been constrained on an operator’s normally unmanned installation to meet H2S specifications. A bespoke solution was developed, capable of protecting the NUI against hydrates while ensuring efficient scavenging of H2S.
Floating ideas on safety and risk management
Fifty-five FPSO units in the global fleet are reaching the end of their design life in the next five years, and a further five have life extension in place. With 19 more FPSOs currently being evaluated for life extension, what are the possible safety issues from corrosion and other structural integrity concerns?
Shell wins court ruling, to start seismic survey offshore South Africa
A South African court has ruled that Royal Dutch Shell Plc can proceed with a seismic survey offshore the East Coast, after dismissing a legal application by activist groups.
Turkey threatens to block Exxon Mobil venture drilling offshore Cyprus
Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its offshore block 5 to a venture of Exxon Mobil and Qatar Petroleum.
Shell gives up on UK’s Cambo field, in a win for climate activists
Royal Dutch Shell Plc pulled out of a controversial UK oil project, a win for environmentalists as the development of a new North Sea field was left hanging in the balance.
