Offshore Production News - page 313

 

Six dead, three missing after explosion

Feb 11, 2015

Update: 17 February 2015 - BW Offshore has confirmed that the death toll has now risen to six after an explosion on the the company's Cidade São Mateus FPSO offshore Brazil.  The body of one of the previously four missing Brazilian…

VAALCO continues at Etame

Feb 11, 2015

VAALCO Energy began first production from the Etame 10-H well, part of its six-well development drilling campaign on the Etame Marin block, offshore Gabon.  SEENT platform installation. From VAALCO.   Etame…

Saipem gets US$1.8 billion Kashagan gig

Feb 06, 2015

The North Caspian Operating Co. (NCOC) awarded Saipem a US$1.8 billion engineering and construction contract to build two pipelines for the Kashagan field project, offshore Kazakhstan. Image from NCOC…

Restoring production efficiency

Feb 04, 2015

A three phase asset management strategy could help counter costs, says ABB’s Will Leonard. In mid-December, the price of oil fell further after the International Energy Agency (IEA) forecast weaker demand in 2015. Brent crude fell to around US$60 a barrel…

Out of sight, Out of mind

Feb 04, 2015

Peter Beales discusses the dangers of neglecting software integrity What constitutes an “asset” in the oil and gas industry? The obvious spring to mind: vessels, pipelines, and generators, for example. Few of us, however, would immediately think of invisible assets…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Petrobras in additional Sergipe find

Feb 03, 2015

Petróleo Brasileiro S.A. – Petrobras confirmed a light oil and gas discovery by at the third extension well in the ultra deepwaters of Sergipe basin’s Farfan area, off Brazil. Farfan map. From Petrobras…

Shell sets out Brent decommissioning

Feb 03, 2015

Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell.   The decommissioning program will begin with the Brent Delta platform…

Sustained low oil prices provides canvas for industry to reinvent itself

Feb 03, 2015

Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…

CNOOC begins Jinzhou 9-3

Feb 03, 2015

CNOOC began production at its 100% owned and operated Jinzhou 9-3, offshore China. Image from CNOOC.   The Jinzhou 9-3 oilfield is located in the North Liaodong Bay in Bohai in 6.5-10…

Red Hawk artificial reef

Feb 03, 2015

In this video, Anadarko gives a closer look of its Red Hawk project. Red Hawk was the world's first cell spar and began production in 2004 in 5300 feet of water in Garden Banks Block 877, approximately 210 mi. south of Lafayette…

Offshore East Africa: what’s next?

Feb 02, 2015

As a result of recent offshore successes in Mozambique and Tanzania, the entire East Africa margin currently has the attention of the world’s new ventures teams, explorers and gas (LNG) buyers. What might happen next in this new hydrocarbon province…

A sinking feeling

Feb 02, 2015

Ekofisk is an iconic field, but its uniqueness gives operator ConocoPhillips some specific challenges around subsidence. Elaine Maslin reports. The Ekofisk Complex. Photo from ConocoPhillips Norge…

Keeping a cool head in the Arctic

Feb 02, 2015

Golder Associates’ Ken Been explains the best approach to geotechnical engineering and pipeline construction when facing scours and pits in the Arctic ice. Fig. 1: Ice scouring.  Over the coming decades…

Rig market hits hard times

Feb 02, 2015

Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14.  Source: ABS. Weak demand…

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