Deepwater
News
August 09, 2021
Tenaris has been awarded the supply of a complete package of products, technologies and services for the Libra offshore exploratory block - renamed Mero 3 - in Brazil’s pre-salt, one of the largest deepwater discoveries in the world.
Article
August 2021
Operators are strategically navigating the changing dynamics of the energy market with continued investment in the floating offshore sector.
News
July 29, 2021
APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. The primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development.
News
July 28, 2021
Forum Energy Technologies, Inc. announced that it has secured an order from DOF Subsea to supply two of its improved 200HP Perry XLX-C work-class remotely operated vehicles.
News
July 28, 2021
ExxonMobil reported a significant discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality, oil-bearing sandstone reservoirs.
News
July 27, 2021
Oceaneering International and DDK Positioning Limited have entered into an agreement for the provision of GNSS augmentation service and all associated software and hardware supporting Oceaneering’s C-Nav Positioning Solutions group offerings.
News
July 26, 2021
The Whale development, owned by Shell Offshore Inc. and Chevron U.S.A. Inc., is expected to reach peak production of approximately 100,000 barrels of oil equivalent per day and currently has an estimated, recoverable resource volume of 490 million barrels of oil equivalent.
News
July 26, 2021
Outside of the U.S. and OPEC, Brazil is set to add more crude production through 2026 than any other country. It wants to double crude output by 2030 to become the world’s fifth-largest exporter, and even if it doesn't hit that target, low-cost oil plays have positioned the country well to emerge as one of the world's most important sources for production growth.
News
July 20, 2021
BHP has long said the oil business was one of its strategic pillars, and argued that it will make money for at least another decade. But as the world tries to shift away from fossil fuels, the company wants to avoid getting stuck with assets that become more difficult to sell, according to insiders.
Whitepaper
Using A Digital Twin to Enable Safe, Reliable and Efficient Design and Operation
July 15, 2021
Siemens
News
July 05, 2021
The resolution ends a long-standing conflict between Pemex and Houston-based Talos over the field, which contains as many as one billion barrels of oil equivalent.
Article
June 2021
Part 2: In April, the first half of this two-part feature documented industry’s failure to profitably exploit the massive Wilcox Lower Tertiary trend in the ultra-deepwater Gulf of Mexico. This second article evaluates how alternative technologies and strategies can make those failing assets profitable while reducing human and environmental risk.
Article
June 2021
The oil and gas industry survived the one-two punch of Covid-19 and an historic downturn. Our future hinges on modernizing what we do.
News
June 23, 2021
Philip LeJeune, LLOG’s President and CEO said “We are pleased to announce first oil from our Praline field, our first pipe-in-pipe tieback, and the continued successful development of our high quality prospect inventory. Praline is the first of four tieback projects we expect to have online in the next year."
News
June 23, 2021
BP announced a significant milestone with the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021.
News
June 16, 2021
"The Department of the Interior is required by law to expeditiously develop America’s energy resources, and this includes the obligation to schedule and hold offshore oil and gas lease sales," said National Ocean Industries Association President Erik Milito.
Article
June 2021
A combination of laboratory and wellsite analysis can be used to address in-situ meter performance to reduce maintenance frequency. This conditioned-based monitoring can reduce the overall annual cost of operating multiphase flowmeters in deeper and more remote fields.
Whitepaper
The Evolution Of Composite Riser Systems: A different approach to managing corrosion in the pre-salt
June 15, 2021
Magma
News
June 15, 2021
Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock price driven by the meme-stock frenzy and rising oil prices.
News
June 15, 2021
Schlumberger announced an award to Subsea Integration Alliance of a large contract by Equinor on its Bacalhau project offshore Brazil. The contract scope covers the engineering, procurement, construction and installation of the subsea production systems and subsea pipelines.
News
June 14, 2021
“There is substantial momentum across all segments of the economy in transparency and reporting of GHG emissions, sustainability, and ESG performance. The SEC should exercise restraint from taking any action that could hinder or otherwise complicate these ongoing efforts," said NOIA president Erik Milito regarding potential changes to the SEC's climate change disclosure rules.
