The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam. The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks…
Research and Markets issued a new report on the global subsea BOP market, and the analyst firm says that it expects the market to grow at a CAGR of 6.5% over the period 2014-2019. BOP is a high pressure mechanical safety valve system at the top of a well head…
BP awarded Technip a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit in the Gulf of Mexico…
GE Oil & Gas and Enpro Subsea entered in an agreement to jointly market and provide fluid intervention services that offer oil and gas operators a cost-effective way to improve production rates in producing wells. The companies have signed…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…
Qatar Petroleum has initiated an evaluation process for the selection of a partner to undertake the future development of the Maersk Oil-operated Al Shaheen field, as the current agreement expires mid-2017. Al Shaheen…
The Norwegian Petroleum Directorate (NPD) received a plan for development and operation (PDO) for the Maria oil discovery in the Norwegian Sea. Maria. Image from Wintershall. The Maria discovery…
A new Houston-based subsea company, Underwater Integrity Solutions (UIS), was launched at the Offshore Technology Conference (OTC) on 4 May. The independent company will focuse on underwater integrity, production assurance and life extension for subsea fields…
Houston-based Africa focused Erin Energy Corp. began production from the Oyo-8 well offshore Nigeria. Oyo-8 flare. Image from Erin Energy. Oyo-8 is located in OML 120 in 1000ft of water…
Baker Hughes announced the introduction of its Hammerhead system—the industry’s first fully integrated wellhead-to-reservoir ultra deepwater completion and production system. Hammerhead. From Baker Hughes…
The oil and gas industry must rely on technology, collaboration and several industries, including academia to excel in the advances of emerging offshore technology trends, BP Chief Operating Officer of Reservoir Development and IT&S James…
FMC Technologies awarded DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and work-over system. Subsea illustration…
At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…
Desanding to stop wellbore tubing clogging-up is nothing new, but FourPhase has developed their own technology to keep the flow going. Neil Meldrum explains. A DualFlow system overview. Images from FourPhase…
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