ExxonMobil handed Technip a contract for the development of the Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 km of 10…
Owners and operators of offshore wells aim at improving efficiency, cutting costs, reducing failures and down time, while maximizing economic benefits. It’s no easy task under the best of circumstances. Reaching these goals requires a sophisticated…
Automation is the ideal way to unite technology with company cultures. Through technology, workers in the offshore environment have the potential to form a myopic view on life. Produce now, don’t worry about tomorrow. It makes sense. From drilling to producing…
Shell has contracted FMC Technologies to supply subsea equipment for its 100%-operated Stones field development in the US Gulf of Mexico. The contract’s scope includes the supply of eight subsea trees, a subsea manifold, topside, and subsea controls and associated equipment…
TGS-NOPEC Geophysical Company (TGS) announced at its Capital Markets Day that it will embark on several new partnerships. TGS and Electromagnetic Geoservices ASA (EMGS) agreed to jointly development multi-client projects in defined areas in northwestern Europe…
Wood Group PSN (WGPSN) will deliver operations & maintenance services to Hess Corporation's Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year contract. WGPSN will also provide these services to Hess for…
Reeled pipelay has normally been used in fully developed and matured offshore oil and gas field areas with close proximity to onshore support, onshore logistics, and with short offshore transit distance to onshore spoolbases for loading the pipeline stalks onto the reel…
Subsea damage and support problems can be quickly solved using injection grouting. James Bell of FoundOcean tells us how its accomplished. Extending the life of an asset means that the structure can still generate revenue, whereas removing them can be a highly complex operation…
Bureau Veritas Certification is pleased to announce its provisional accreditation as an official SEMS Audit Service Provider for the Center for Offshore Safety (COS). Originally introduced as recommended practice RP 75 in 1990, the Safety…
Newly founded IRM group Harkand has announced plans to buy Gulf of Mexico business Veolia Marine Services (VMS). The deal would add 150 onshore and offshore staff, based out of Houston, three dynamically-positioned multi-purpose vessels (MSVs)…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Chevron encountered more than 400ft of net oil pay at its deepwater Coronado well No. 1 in the US Gulf of Mexico. Coronado comprises Walker Ridge Block 98. The No. 1 well is located approximately 190 miles off the Louisiana coast in 6,127ft of water…
COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…
ExxonMobil and 50/50 partner Statoil will commence development on the Julia oil field in the US Gulf of Mexico, the companies announced on 7 May 2013. The project's capital costs could total more than US$4 billion. “The development of…
Rigless abandonment of wells and use of downhole communications will be future trends, according to an OTC paper on well plugging and abandonment. Praful Desai, presenting for Schlumberger, outlined the large number of ageing and non producing wells globally…