An industry that operates in some of the harshest environments in the world sometimes needs to call on the toughest material for wear parts.Enter the industrial diamond, discovered in the 1950s. Synthetic diamondcan tolerate abrasive, high-temperature…
Chevron is combining technology and streamlined work processes to maximize production efficiencies in its mature offshore fields. Continued investments in the fields, reservoir surveillance, analytics and portfolio optimization are some of the…
After a tough handful of years with an oversupplied offshore supply vessel (OSV) market, OSV companies may be finding the tide is finally turning.At the peak of the last upturn, OSV companies were ordering newbuilds to meet projected demand…
Deepwater drilling activities require contingencies for temporary abandonment of the well, sometimes necessitated by wellhead change outs or riser work, and sometimes by Mother Nature.Existing mechanical solutions can struggle with restrictions inside the riser or seabed structure…
IBM’s The Weather Company has predicted a slight decrease in the 2019 Atlantic hurricane season compared to 2018, but el Niño’s delayed advance could increase this year’s storm potential.The Atlantic hurricane season starts June 1 and runs through November 30…
While the oil and gas industry shows signs of stabilization, the imbalance in value and margins between exploration and production (E&P) companies and the oilfield service segment is significant, according to a report by Deloitte.A major worry…
Autonomous installations have the potential to save operators money by enhancing operational stability for more uptime and increased safety. Achieving those benefits requires confidence from companies and regulators. Companies like ABB are part…
The offshore oil and gas industry appears to be in a fragile recovery, according to research consultancy Westwood Global Energy Group.Oil prices are expected to remain between $60/bbl and $80/bbl into the early 2020s before rising, and offshore spending between 2019 and 2023 is projected to hit $1…
Two service companies known for point-the-bit rotary steerable systems (RSS) each decided in 2016 to create their own push-the-bit tools. Their offerings are aimed at increased tool reliability, utilization, smoother wellbores and higher levels of drilling performance consistency from well to well…
Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn’t stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,…
When properly designed and applied, composite materials, which have been used for pipeline repairs since the 1980s, can outlast the steel being repaired in offshore environments.Even with a decades-long track record, says Matt Green, VP of technical services at ClockspringNRI…
It’s been long thought the “subsea factory” could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering’s Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award…
While the only commercially operating wind farm offshore the US is off the country’s tiniest state – Rhode Island – many of the larger and more populous states, particularly in the Northeast, are committed to power generated by offshore wind farms…
Currently one in every five barrels produced in the United States comes from the Gulf of Mexico (GoM), and 88% of that output flows from reservoirs in water depths greater than 500 feet.In 2016 the GoM produced 575 million barrels of oil, and in 2017 621 million barrels…
Oil and gas organizations have significantly improved safety over the years, and evaluating a company’s safety culture can identify areas for further gains. But culture is hard to measure and even more difficult to change.Over the past 10 years…
OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
Subscribe
