Deepwater
News
October 17, 2024
Transocean today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico.
News
October 15, 2024
Baker Hughes has secured an order to supply centrifugal and electrical-driven Integrated Compressor Line (ICL) compressors to Saipem for TotalEnergies’ Kaminho FPSO unit in offshore Angola.
News
October 09, 2024
Shearwater Geoservices Holding AS has been awarded a major offshore project by TotalEnergies to conduct a deepwater ocean-bottom node (OBN) survey in Angola.
Article
September 2024
Based on the numbers our forecast, along with some anecdotal evidence from talking to industry professionals, I think it’s fair to say that the upstream industry is maintaining the status quo for the remainder of 2024, with great enthusiasm building for 2025.
News
October 03, 2024
Nigeria hopes to attract as much as $10 billion of new investments in deep-water gas exploration through tax breaks and other measures proposed in a new policy framework for the industry, according to a government official.
News
September 27, 2024
The main production facilities include a new fixed production platform and three centralized subsea wellheads, with 12 development wells planned to be commissioned. It is expected to reach peak production of 162 MMcfgd and 3,931 bpd in 2025.
News
September 19, 2024
The main production facilities include a new deepwater jacket platform Haiji-2 and a cylindrical FPSO Haikui-1. A total of 32 development wells are to be commissioned. The project is expected to achieve a peak production of approximately 17,900 bopd in 2026. The oil property is heavy crude.
News
September 12, 2024
Transocean Ltd. has secured a $232 million contract with bp for its Deepwater Atlas drillship in the U.S. Gulf of Mexico.
News
September 02, 2024
Energy Maritime Associates (EMA) has identified 29 projects that are most likely to be awarded within the next 12 months. These include 16 FPSOs, 7 FSOs, 3 FLNGs, 2 Semis, and 1 MOPU. These will be for multiple units in Brazil, new frontier regions such as Namibia and the Falklands, as well as the re-emergence of mature areas like Angola, Indonesia, Ivory Coast, and Malaysia.
Article
August 2024
A new multi-zone single trip system with an integrated barrier valve offers a comprehensive solution for offshore deepwater and ultra-deepwater sand-control completion needs.
News
August 20, 2024
TotalEnergies CEO Patrick Pouyanne — whose company, alongside APA Corporation, is moving to develop deepwater drilling sites that hold close to 700 MMbbl of oil — said Suriname will make a “significant” contribution to the group’s cash flows as oil revenues start flowing in 2028.
News
August 14, 2024
Shell has approved a final investment decision for a waterflood project at its Vito asset in the Gulf of Mexico. The project involves injecting water into the reservoir to increase oil extraction and is set to begin in 2027.
News
August 14, 2024
Petroleos Mexicanos has reached a deal with an oilfield-services provider to drill in the Gulf of Mexico as the heavily indebted state energy company turns to the private sector to boost crude production.
News
August 14, 2024
Germany will scrutinize an application to drill for natural gas at a protected marine site after explorer One-Dyas BV cleared a key hurdle with local authorities.
News
August 12, 2024
Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000 psi, with reservoir depths reaching 34,000 ft below sea level.
News
August 11, 2024
Equinor's exit from Suriname is part of a broader strategy, having exited about 20 countries in recent years, including South Africa, Mexico, and Russia, the latter due to the invasion of Ukraine.
News
August 11, 2024
The extension from October provides firm revenue backlog of approximately $24.3-34.2 million, with the option to extend for an additional well, potentially adding a further approximately $26.9-36.9 million.
News
August 07, 2024
CNOOC has been searching for offshore oil and gas resources in the South China Sea for decades. Multiple large-size gas fields have been discovered, namely Dongfang 1-1, Liwan 3-1, Lingshui 17-2, Baodao 21-1 and now, Lingshui 36-1. By far, the total proved gas in-place in the region has exceeded 1 Tcm.
News
August 05, 2024
Petrobras achieved the main target of the Uchuva-2 well, confirming the extent of the natural gas discovery made in 2022 while drilling of the Uchuva-1 well. This well adds relevant information for the development of a new frontier of exploration and production in Colombia, reinforcing the volumetric potential for natural gas in the region.
News
August 01, 2024
Occidental Petroleum Corp. and Ecopetrol SA are gearing up to plumb the depths of Colombia’s Caribbean waters in search of oil and gas. The plan is to drill the Komodo-1 well before the year is out in seas roughly 3,900 m (close to 13,000 ft) deep. That’s equal to about 10 Empire State Buildings stacked on top of each other and would shatter the current water-depth record holder in Angola.
News
July 31, 2024
World Oil and its parent, Gulf Energy Information, are pleased to announce that Repsol, a leader in global deepwater operations, has agreed to serve as Host Sponsor for the 2025 Deepwater Development Conference (MCEDD). Scheduled for March 25-27, 2025, in Madrid, this event will focus on the theme, “New Deepwater Plays, New Deepwater Ways.”
