Offshore Deepwater News - page 105


Basins bounty sought

Feb 01, 2013

As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…

Installation initiative increases industry involvement

Feb 01, 2013

As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…

Chevron expands Moroccan presence

Jan 22, 2013

Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…

GE inks Petrobras equipment deal

Jan 15, 2013

The $500M supply contract serves 4 new FPSOsGE's PGT25 gas turbineGE Oil & Gas has won a contract worth more than US$500 million to supply turbomachinery equipment and services to Petrobras, a world leader in deepwater oil production…

Fourth time's a charm

Jan 10, 2013

Petrobras touted a fourth oil discovery in the ultra-deepwaters of the Sergipe-Algoas basin, 85km off the coast of Aracaju, Brazil. Tests confirmed the presence of a 67m-thick, light oil column in the Calumbi formation of the Muriú well.

Home Run

Jan 10, 2013

Cobalt has hit several hundred feet of net oil pay at its deepwater North Platte prospect in the Gulf of Mexico. Drilling was a long time coming for the company after operations were postponed following the 2010 moratorium. The well was drilled to 34,500ft TD in Garden Banks block 959.

Containment system soon in operation

Jan 09, 2013

Click to enlargeFigure 1. Permits in deepwater numbered 76 by end-2012, enabled by the MWCC system. Source: MWCC.In the wake of Macondo, something was needed to lower the risk of recurrence. BP had shown that, given enough time, a system to contain such a well-control incident could be built…

Overcoming the global weakness

Jan 09, 2013

During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…

Planning on a better future

Jan 09, 2013

Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…

Optimising FPSOs for extreme environments

Jan 04, 2013

Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising…

Surf and turf

Jan 04, 2013

With the acquisition of the Caesar and Express pipelay vessels, recent delivery of the Lewek Connector and anticipation mounting over the newbuild Lewek Constellation ice-class multi-lay vessel, Emas AMC is aiming for a share of the high-end offshore construction business…

ThoughtStream: Sale of the century

Jan 01, 2013

Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…

Exploring Indus

Jan 01, 2013

Eni has acquired a 25% stake and operatorship in an ultra-deepwater block off Pakistan. Block G in Pakistan’s Indus Basin comprises approximately 7500km2. Eni currently holds participating interest in adjacent Indus block C (60%) and block N (70%).

Durban study

Jan 01, 2013

ExxonMobil has acquired a 75% stake in Impact Africa’s Tugela South Exploration Right off the eastern coast of South Africa.ExxonMobil has also secured a one-year permit to study the hydrocarbon potential of the deepwater Durban Basin, which covers approximately 12.4 million acres.

Ultra-deepwater ships poised to join the fleet

Jan 01, 2013

The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…

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Offshore Engineer (Nov/Dec 2019)

This issue of Offshore Engineer is dedicated to Exploration Outlook

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