Deepwater
Article
November 2021
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.
Article
October 2021
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?
News
December 02, 2021
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.
News
November 22, 2021
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig, to include three additional wells in the Norwegian North Sea next year.
News
November 17, 2021
Oil companies spent $191.7 million buying drilling rights in the Gulf of Mexico on Wednesday, during a robust government auction that underscored the industry’s appetite for new crude as the White House seeks to shift the U.S. away from fossil fuels.
News
November 17, 2021
The Biden administration is selling drilling rights across the Gulf of Mexico on Wednesday in an auction that will test the oil industry’s appetite amid White House efforts to shift away from fossil fuels.
News
November 10, 2021
Noble and Maersk Drilling share a strong conviction about the compelling industrial logic for taking this step to create a differentiated offshore drilling company with the scale, capabilities, and resources to successfully serve a broad range of customers.
News
November 08, 2021
The new partnership will integrate Trendsetter’s 15,0000psi Subsea Tree Injection Manifold and experienced personnel into Helix’s state-of-the-art fleet of well intervention vessels and equipment used to perform well services globally.
News
November 05, 2021
Shell Offshore Inc. has safely and successfully re-started production at its Mars and Ursa platforms in the US Gulf of Mexico and began exporting oil and gas through the West Delta-143 (WD-143) “A” facility.
News
October 22, 2021
Royal Dutch Shell is hoping to restart its Ursa oil and gas platform in the U.S. Gulf of Mexico as early as the first half of November, according to a person familiar with the matter who asked not to be identified because the information isn’t public.
News
October 19, 2021
Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock for growing its domestic economy.
News
October 15, 2021
Occidental Petroleum Corp. agreed to sell its stakes in two Ghanaian oil fields for $750 million, ending a two-year divestment effort aimed at cutting debt.
News
October 15, 2021
Turkish Petroleum has awarded Schlumberger a significant contract for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve.
News
October 14, 2021
House Democrats are making the case for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following the biggest off-shore spill in California in nearly 30 years.
News
October 11, 2021
The partnership leverages the two businesses’ recent collaboration in the development of the OFG AUV non-contact integrated Cathodic Protection (iCP) inspection system, and enable the sharing of resources on several pipeline inspection and geohazard surveys.
News
October 04, 2021
As the reservoir pressure of the Jansz-Io field declines after years of production, compression infrastructure is required to enhance the recoverability of the field.
News
September 29, 2021
Tracerco has been commissioned to provide asset integrity data for an operator in the Gulf of Mexico seeking to extend the life of over 18 of their risers.
Article
September 2021
Lessees and interest-holders in the Gulf of Mexico should carefully evaluate the existing contractual language governing their investments in light of case law and consider adding bond requirements or additional consideration in exchange for a specific, express release of costs associated with decommissioning obligations.
News
September 15, 2021
FPSO owner and operator BW Offshore has selected VIKING Norsafe Free-fall Lifeboats, Daughter Craft and Davits for a large FPSO project which will operate off northern Australia.
News
September 23, 2021
Almost four weeks after Hurricane Ida hit Louisiana, Gulf of Mexico oil producers are far from calling it over.
News
September 21, 2021
Aberdeen-based global well engineering and drilling project management firm Norwell Engineering has won a lucrative contract worth more than $30 million with ONGC, India’s national oil company.
