Deepwater
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.
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.
News
January 16, 2020
The new contract was effective January 1, 2020, with a maximum value of $250 million over 5 years, subject to appropriation by Congress.
News
January 14, 2020
The well in Angola’s Block 48 will be drilled at a new world record water depth of 3,628 m. The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for Total offshore Uruguay in 2016.
News
January 13, 2020
Norway’s vision of establishing a new major oil province off its northern tip has suffered another blow.
News
January 07, 2020
The Liberia Petroleum Regulatory Authority has announced the launch of its next offshore licensing round in the Harper basin, one of the last unexplored and undrilled regions offshore West Africa.
News
January 02, 2020
Hess rose above the carnage in shale stocks with a more traditional approach to oil exploration – partnering in a massive offshore discovery in a frontier nation.
News
December 17, 2019
Magma Global has been selected by C-Innovation to supply m-pipe thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico. The 4-inch diameter 10ksi m-pipes are expected to be deployed in the next few months.
News
December 12, 2019
Chevron has sanctioned the Anchor project in the U.S. Gulf of Mexico, marking the industry’s first deepwater high-pressure development to achieve a final investment decision.
News
December 09, 2019
Both contracts were awarded by Baker Hughes, under a primary term of two years firm and an option to extend for another six months.
News
December 06, 2019
The survey results will be critical for planning a safe drilling program, and will provide key inputs for engineering and design studies for pipeline routing and subsea structures in future deepwater field developments.
News
December 03, 2019
The new imaging project will process data from the prolific Mississippi Canyon, Viosca Knoll and De Soto Canyon areas using the latest imaging technologies to provide a significant uplift in data quality.
News
November 26, 2019
Springfield E&P announced the completion of its maiden deepwater drilling campaign on the West Cape Three Points Block 2, offshore Ghana.
News
November 21, 2019
The increased capability of the XSTMZ system helps increase production and total recovery by driving down abandonment pressure and can save rig time by isolating and treating several intervals with a single trip.
News
November 06, 2019
“The Cougar is an ideal choice,” says RusselSmith CEO, Kayode Adeleke. “It is a powerful, highly maneuverable and capable ROV and we believe it will add a lot of value to our deepwater operations.”
News
November 01, 2019
The compression system will be powered and controlled from the Nyhamna onshore gas processing plant, which is 120 km from the subsea location. This tieback distance is also a world record for transmitting variable speed power from an onshore facility to equipment on the seabed.
News
October 31, 2019
Petrobras has been using Emerson’s exploration and production software for over 25 years, including solutions for interpretation and modeling, reservoir characterization, formation evaluation and seismic processing.
News
October 27, 2019
Nalcor Energy – Bull Arm Fabrication has signed an agreement with DF Barnes that will have the Site play host to the ultra-deepwater semi-submersible drill rig, Transocean Barents, as it readies for further exploration work offshore Newfoundland in 2020.
News
October 24, 2019
The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law that gave energy companies a break on paying royalties when drilling in deep waters, federal investigators concluded Thursday.