Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…
SBM Offshore has released a video of the Turritella floating production and storage offloading (FPSO) unit, as the vessel started commercial production at Shell’s Stones development in the deepwater Gulf of Mexico on 6 September. At Stones…
Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…
Chevron has achieved first gas on the Bangka field development project, the first stage of the Chevron-operated Indonesia Deepwater Development (IDD) project in East Kalimantan, offshore Indonesia. The Bangka Project includes a subsea…
The South American offshore market is back on the heat map, due to Exxon’s major Guyana discovery and Statoil’s interest in Brazil’s Carcará, says Rystad Energy’s Kjetil Solbraekke. Statoil took over as operator of the Peregrino field (FPSO pictured)…
The dawn of ultrasonic flowmeter technology increases chemical dosage accuracy, says Cameron’s David Simpson. In the subsea environment, accuracy of inhibitor dosage is paramount. The PULSE LF CIMV increases flowmeter accuracy and inhibitor dosage…
The all-electric subsea Xmas tree, complete with electric downhole safety valve, has finally made its debut. Elaine Maslin spoke to Total’s Frederic Garnaud about the achievement. The K5F-3 subsea all-electric Xmas tree from OneSubsea…
Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…
FAR Ltd. is exercising its pre-emption rights over the proposed sale of ConocoPhillips interests in Senegal to Woodside Petroleum, a deal that was struck in July. Map from FAR. In mid-July…
As Shell's Stones development inches closer to first production, the Anglo-Dutch supermajor released a video on how the company used 3D printing to ensure that the disconnectable buoy on the project came together flawlessly during the construction process…
UK supermajor BP has hit a milestone on 15 August at its Azeri-Chirag-Deepwater Gunashli field offshore Azerbaijan, by producing 3 billion bbl since the start of production from the Chirag platform in 1997. ACG is a complex of six production platforms: Chirag-1…
Australia's BHP Billiton has made a gas discovery on the deepwater LeClerc play-opening well offshore Trinidad and Tobago. BHP had been drilling for oil. The LeClerc 1 ST01 well was drilled in Block 5, in 2500-8500ft water depth, 135mi…
Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…
Sterling Energy subsidiary Sterling Cameroon Ltd. has issued a notice of surrender in relation to the Ntem Concession, offshore Cameroon, effective by the end of December 2016. The company does not expect to incur any material costs associated with the surrender…
Oceaneering’s Justin Pizzitola discusses the use of an open water dual coiled riser based system for rigless stimulation. Back deck of an Oceaneering vessel. Images from Oceaneering International…