2016 has been a year of challenges for the oil and gas industry. Audrey Leon surveys some of the year’s notable starts. Shell’s Stones project came online in September 2016, using the Gulf of Mexico’s second ever FPSO…
Despite oil’s instability over the last few years, the underwater vehicle market is set for modest growth as well as a breakthrough in resident vehicle technology. Emma Gordon reports. Subsea 7’s AIV…
Trendsetter Engineering has opened its Global Readiness Center (GRC) in Houston that will be dedicated to providing enhanced subsea well control response capabilities to the global market. Trendsetter’s GRC is located within a designated…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids in the Labrador South Region under its Scheduled Land Tenure Regime. Call for Bids NL16-CFB03 (Labrador South Region) covers 10 parcels over a total 2…
The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This rapid trend toward decommissioning is causing spending to rise significantly…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…
Trelleborg’s offshore operation based in Houston has invested in a new Global Riser Analysis team to incorporate in-house mathematical simulation capabilities into its current engineering group. The Global Riser Analysis team consists…
FMC Technologies and Technip been cleared by the European Commission to go ahead with a merger. The firms are set to combine, with shareholders due to vote on the move, announced back in May, on 5 December. Clearance decisions have…
BGP Marine started a 2D multiclient survey, offshore Cuba, after signing a contract with Cuba-Petroleo Co. (CUPET). Map from BGP. The project comprises 25,000 km of 2D long-offset…
The oil and gas industry is known for being cyclical, however, the current reality of a “lower for longer” oil price has made sanctioning large offshore projects financially unviable, Douglas-Westwood (DW) said. Many oil majors have opted to focus on subsea well tiebacks…
Castex Offshore had a successful flow testing of its Main Pass Hummer discovery well, offshore Louisiana, according to partner Petsec Energy. Flow rates were measured at restricted rates on variable choke sizes over the last three hours…
In this video from Shell, the supermajor shows its efforts, along with six other major oil and gas companies, to invest US$1 billion to reduce methane emissions and accelerate deployment of carbon capture utilization and storage. The companies…
Talos Energy has started production from its Tornado project within the Phoenix field, in Green Canyon Blocks 236, 237, 280 and 281, in the US Gulf of Mexico. Production, in about 822m (2700ft) water depth started on 27 October and…
Maersk Drilling and National Oilwell Varco (NOV) have entered into a five-year partnership to improve maintenance predictability for drilling equipment. The shared vision behind the partnership is to implement a new maintenance mind-set which…
Neptune Marine Services (Neptune) has opened a new office in Houston, Texas, operating under the name Neptune Subsea. The move will enable Neptune to provide the full suite of Neptune’s services to clients within the Gulf of Mexico and the Americas…