Deepwater
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.
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.