Elaine Maslin reports on two new vessels and a semisubmersible from Helix Well Ops due out in 2017-2019, which aim to make a step change in operational efficiency. The Siem Helix 1’s back deck spread from Osbit…
Southeast Asia is expected to receive record levels of offshore investment, fueling the expansion of the region’s upstream industry. EIC’s Angeline Elias outlines the hotspots. The top five countries in 2017 leading offshore project activity in the region will be Indonesia…
With Shell’s Brent Charlie due to shut down in 2018, the supermajor has had to find a new home for its Penguins cluster subsea tieback. Elaine Maslin outlines the redevelopment plans. Lucy Ritchie…
With large-scale projects on hold, subsea tiebacks are accounting for 75-80% of sanctioned projects. Will it last? Elaine Maslin shares Wood Mackenzie’s view. Statoil’s Bryding tieback layout…
Polymer steel composite repairs are becoming a popular solution for worn out plates in the growing floating production vessel fleet. Elaine Maslin reports. The FPF3 on station. Images from Intelligent Engineering…
Nigerian-based South Atlantic Petroleum (Sapetro) and Houston-based Hyperdynamics have agreed to a farmout, allowing Sapetro to pick up 50% participating interest in the production sharing contract covering the deepwater Fatala turbidite fan prospect…
FAR has signed a two-year area of mutual interest (AMI) agreement with CNOOC UK for licenses offshore Senegal and The Gambia. FAR, CNOOC AIM map. Image from FAR. The AMI will see FAR and CNOOC UK partner in evaluating…
Nido Petroleum started drilling at the Galoc-7 appraisal well, off The Philippines. The Deepsea Metro I. Image from Odfjell Drilling. The Deepsea Metro I recently set sail from Malaysia for the project…
Triangle Energy signed a share purchase agreement (SPA) with ROC Oil for operatorship and 42.5% interest in the Cliff Head oil field, in the Perth Basin, offshore Western Australia. The Cliff Head platform…
James Fisher Marine Services (JFMS) has acquired the operations and assets of Insight Marine Projects Ltd., a specialist survey company headquartered in Cornwall, that will be rebranded this year to form the subsea surveying division of marine projects at JFMS…
Schlumberger has introduced the Lift IQ production life cycle management service, which offers monitoring, diagnostics and optimization of artificial lift systems in real time. This new service securely collects, transmits, evaluates and…
Eni's Goliat reserves are set to increase by 1.2 MMcm or 7.5 MMbbl, following the approval to tie in the Snadd discovery in the Barents Sea, according to the Norwegian Petroleum Directorate (NPD). Two wells will be drilled from Goliat…
Aker BP has approved the redevelopment of Tambar in the southern North Sea that is expected to extend the production period by some 10 years. Image of Ula, from Aker BP. The plan consists of two additional wells and gas lift…
Petsec Energy is estimating first production at its Hummer oil and gas field in late Q3 2017. The company provided an update on the development of field, which extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana…
Petrobras' Board of Directors approved the reelection of CEO Pedro Pullen Parente for a two-year term in the company’s executive office. Parente had been elected CEO as of May 31, 2016, following the term in office of the previous CEO…