Offshore
News
May 08, 2024
This year, the APA acreage will be expanded by a total of 37 bocks in the Barents Sea and the Norwegian Sea. Three of the additional blocks are in the northwest of the Norwegian Sea and 34 blocks are in the east of the Barents Sea.
News
May 08, 2024
In a Monday panel at OTC 2024, several Petrobras representatives tackled the multi-layered operations in revitalization of the Campos basin offshore Brazil.
News
May 08, 2024
The REMOTE-CON notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control Functions.
News
May 08, 2024
Located above the Arctic circle and about 240 km (150 miles) northwest of Europe’s biggest liquefied natural gas production facility at Hammerfest, the Johan Castberg field is estimated to hold between 450 - 650 MMbbl of oil.
News
May 07, 2024
The artificial intelligence-based Autonomous Machinery Health Management Function (HiCBM) and the Autonomous Safety Management Function (HiCAMS) both received AIP from ABS at the Offshore Technology Conference in Houston.
News
May 07, 2024
The plan is to drill two high-impact exploration wells as part of a work program in the area, with the first well expected to spud by the end of 2024. The agreement also provides Azule Energy with an option to become the operator of PEL85.
News
May 07, 2024
bp is weighing a decision to proceed with its Tiber offshore oil project in the U.S. Gulf of Mexico by 2025, aiming to increase its production to 400,000 boed by 2030, up from 300,000 boed in 2023.
News
May 07, 2024
SLB OneSubsea will deliver the subsea production system which will include two subsea trees, a two-slot template, an umbilical, and a control system. Subsea7 will install the subsea production system and design and install the flowline systems, spools, and protection measures, including rock installation.
News
May 07, 2024
Mauritania is pushing to fast-track BirAllah offshore field, which holds about 80 Tcf of natural gas. Development of the discovery would include liquefied natural gas and providing domestic supplies, with the goal of reaching first gas by 2030.
News
May 06, 2024
Anchor features a unique wellhead system that has undergone rigorous testing and qualifications. With innovative technologies, Anchor will be capable of handling pressures of 20,000 psi and temperatures over 350o F.
News
May 06, 2024
In its quarterly financial report, Talos Energy announced it expects to commence drilling the Katmai West #2 well in Q3 2024 to further appraise the field, potentially adding significant reserves.
News
May 06, 2024
The Eldfisk North Project comprises three 6-well subsea templates approximately 7 km from the Eldfisk Complex. The total resource potential is in the range of 50-90 MMboe, while total capital expenditure is estimated at almost $1.24 billion.
News
May 06, 2024
Located offshore Brazil in the Santos basin, Tupi is the country’s largest producing field, with an average volume of 850,000 bopd, accounting for 20% of the total produced in Brazil, according to Petrobras.
News
May 06, 2024
Optime Subsea's second-generation ROCS has gradually become the new industry standard for well completion operations. Because it has eliminated the need for the umbilical, which traditionally connects the surface to the seabed for controlling the tubing hanger in subsea well completions, and the associated topside hydraulic control unit.
News
May 06, 2024
Exxon Mobil Corp. Chief Executive Officer Darren Woods foresees arbitration with Chevron Corp. over a premier asset offshore Guyana stretching into 2025 due to the importance of the case to both companies.
News
May 06, 2024
The FPSO Errea Wittu is expected to have a production capacity of 250,000 bopd, water injection capacity of 350,000 barrels of water per day, 540 MMcfd of gas production and a storage capacity of 2 MMbbl of oil.
News
May 03, 2024
Unique Group, a prominent figure in subsea technologies and engineering, has finalized the strategic acquisition of Subsea Innovation, a leading subsea technology and equipment manufacturer.
News
May 03, 2024
The North Sea Transition Authority has announced the allocation of 31 new oil and gas licenses, marking a significant step towards reinforcing energy security in the UK, says Offshore Energies UK (OEUK).
News
May 02, 2024
ROVOP, a global supplier of ROV services to the energy sector, has announced that it has been acquired by Chouest. The deal will bring greater resources and subsea expertise to the Aberdeen headquartered business.
News
May 02, 2024
The offshore energy industry is taking a significant step toward understanding and protecting endangered seabirds with the launch of the Offshore Nesting Bird Census.
News
May 02, 2024
(WO) — The agreement provides a contractual framework for earlier and closer engagement throughout the project cycle to unlock more value from complex projects, and work commences immediately with maturation of the subsea scope for the Wisting and Bay Du Nord projects off Newfoundland and Labrador, Canada.
