Deepwater
Article
March 2020
The floating production market experienced a strong 2019, with the highest level of FPSO awards in seven years. Confidence has returned, particularly for the leading contractors, which are managing record orderbooks.
News
March 05, 2020
Aker BP and Framo have entered a long-term maintenance contract for seawater lift pumps where compensation is directly linked to facility uptime.
News
February 28, 2020
Wood is delivering a multi-million-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.
News
February 26, 2020
Shell is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government.
News
February 25, 2020
Equinor ASA has dropped plans for oil drilling deep in the ocean off Australia’s south coast following a sustained campaign from environmentalists who said the project posed too big a risk to the marine ecosystem.
Article
February 2020
Short-term gains; long-term questions
Article
February 2020
To solve complex issues related to developing deepwater reserves in the GOM, a common-sense approach utilizing appropriate technology enables operators to profitably capture critical dynamic reservoir data and increase ultimate recovery.
News
February 18, 2020
The agreement will help fast-track innovation and streamline the adoption of applied technologies in areas such as marine robotics, advanced sensing, artificial intelligence and autonomous systems to address the industry’s challenges to improve safety, cost-efficiency and sustainability.
News
February 11, 2020
BP has awarded Oceaneering a contract to provide comprehensive riserless light well intervention services offshore Angola in Blocks 18 and 31.
News
February 10, 2020
At Baker Hughes' 2020 Annual Meeting in Italy, we spoke with Chuck Chauviere, the company's Vice President of Subsea Drilling Systems, about how new technologies are driving predictivity into offshore drilling, and helping to build the baseline of reliability and certainty that operators demand.
News
February 05, 2020
Guyana vigorously defended its oil contract with ExxonMobil after the deal was criticized by human-rights group Global Witness just a month before the country holds a general election.
News
February 04, 2020
Adoption of electrically-operated subsea production architecture not only improves return on investment, but it helps operators get closer to their net-zero carbon goals as well.
News
February 04, 2020
Integrating people, processes, and technologies is a complex challenge in modern offshore drilling operations. From an operator’s standpoint, finding a baseline of reliability and certainty to minimize rig downtime is the primary goal.
News
February 04, 2020
The decline in investment post-2014 could be arrested if processes are standardized and regulators become more responsive to industry concerns.
News
January 30, 2020
Schlumberger announced an award to Subsea Integration Alliance of an exclusive contract by Equinor for the front-end engineering design (FEED) on its Bacalhau (formerly Carcará) project offshore Brazil.
News
January 27, 2020
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.
News
January 23, 2020
The North Platte Development forms part of Total’s reentry, as an operator, into Gulf of Mexico operations with oil production expected to average 75,000 bpd at plateau level.
Article
January 2020
Into the brink
News
January 16, 2020
Turkey will issue new exploration licenses in the eastern Mediterranean now that it’s set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union.
News
January 16, 2020
The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine today announced $7.25 million in grant awards for eight projects focused on strengthening safety culture in the offshore oil and gas industry.
