Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…
As the North Sea enters the decommissioning era, should complete removal remain the default option? And what is the impact of the process on North Sea ecosystems? Emma Gordon reports. The oil and gas industry must address its knowledge…
When Total launched the Laggan-Tormore subsea tieback, West of Shetland, it was always with the long-view, and not just in terms of distance. The investment is starting to pay off. Elaine Maslin reports. The 143km-long gas pipeline export facilities for Laggan-Tormore…
Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks…
Class society ABS issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deepwater drillship for demonstrating system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems Guide…
ExxonMobil will join Statoil as a partner offshore Brazil, buying half of Statoil's interest in block BM-S-8, which contains part of the pre-salt Carcará oil field, for US$1.3 billion. The pair have also teamed up for a pre-salt licensing…
Subsea firm Ocean Infinity has claimed to have undertaken the deepest dive by multiple autonomous underwater vehicles (AUVs) commercial known. The feat was achieved on 18 October, when the firm launched six HUGIN AUVs, each with…
Wison Offshore & Marine has signed a strategic cooperation agreement with LNG transport and containment system firm GTT work together on various LNG projects, including LNG floating storage regasification units and floating LNG. Wison says…
Russia's Lukoil has completed the drilling of its eighth well at Vladimir Filanovsky field in the Caspian Sea. The well is a horizontal producing well, with the horizontal section spanning 1560m. Production is at 19,000 boe/d (2.8 thousand tonnes per day)…
Talos Energy has completed its Tornado II exploration well and side track in the Phoenix field of the Green Canyon area of the Gulf of Mexico in about 2700ft water depth. The Tornado II drilling program, using the Ensco 8503 drilling rig…
Tullow Oil's latest 'ambitious wildcat' well offshore Suriname, south America, has failed to make a commercial discovery. The Araku-1 exploration was drilled to a total depth of 2685m and penetrated the objectives of the Araku prospect…
Avitas Systems, a GE Venture, announced today (26 October) that it has formed a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence…
Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
Boskalis subsidiary VBMS has signed a preferred bidder agreement for the supply and installation of the inter-array cables for Moray Offshore Windfarm East (MOWE) in the UK. MOWE is a joint venture company owned by EDP Renewables (77%) and ENGIE (23%)…