Offshore services company Subsea 7 on Friday announced it has secured a contract from Chevron for the subsea installation services at the St. Malo field, located in the Walker Ridge area of the Gulf of Mexico.Subsea 7’s scope of work includes project management…
BP’s Mad Dog field in the deepwater Gulf of Mexico is a good news story that keeps delivering, and the reservoir management team aims to keep it that way.When discovered in 1998, the field in Green Canyon blocks 825, 826 and 782 was thought to hold 1 billion barrels of oil in place…
Repsol will acquire a 20% nonoperated interest in the Monument prospect that oprator Equinor is drilling in the Northwest Walker Ridge area in the deepwater Gulf of Mexico, Equinor said in an announcement on Thursday.The Norwegian energy copany…
Asset managers leveraging advanced sensor technologies, vast pools of stored and processed data, and real-time analytics are able to foresee—and prevent—costly component failures.A recent report from Lloyd’s Register points out that predictive…
US-based LLOG has ordered subsea trees designed for pressures up to 20,000 pounds per square inch (psi) for its deepwater Shenandoah development in the US Gulf of Mexico.The subsea trees, ordered from TechnipFMC on Tuesday, mark the first material…
North Sea oil producer Chrysaor completed on Monday a $2.675 billion acquisition of ConocoPhillips' British North Sea oil and gas business, cementing the private equity-backed firm's position as one the basin's top producers.The Conoco assets will add around 72…
US-based subsea technology and data company Ocean Infinity said it has compleetd an expedition on the Mohns Ridge in the north-western Norwegian Sea, on behalf of the Norwegian Petroleum Directorate (NPD).NPD had been assigned the task of mapping…
One of the world's largest oil and gas companies is using advanced technology originally designed for use on Mars to remotely monitor methane emissions from its offshore assets in the North Sea.A pilot project being run by UK supermajor BP,…
The Norwegian Petroleum Directorate (NPD) announced that it has just completed a successful data acquisition expedition on the Mohns Ridge in the north-western Norwegian Sea, using the Seabed Constructor vessel.According to the Norwegian government…
Baker Hughes, a GE company (BHGE), said it has deployed its downhole intelligent wet-mate system, which enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions.Deployed…
A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $159.4 million in high bids, government officials said.Combined with a March auction that drew $244.3 million in high bids, the total was the highest annual bid level since 2015…
Sparrows Group announced on Wednesday it haws been awarded its first contract to deliver deck operations services in the UK Continental Shelf (UKCS) from supermajor BP.The Aberdeen-based equipment and services firm said the contract builds on…
Norwegian flotel player Prosafe said that the utilization of its offshore accommodation rigs reaching the highest level in almost four years.Prosafe lifted fleet utilisation significantly in the second quarter of 2019 was 71.6 per cent (Q2 2018: 45…
Japanese oil company INPEX announced it has acquired interests in a group of offshore blocks in the southern part of the US Gulf of Mexico.The firm said in a press release on Friday that its subsidiary INPEX US Offshore, LLC has reached an agreement…
As many as six high impact wells are yet to be completed this year around Africa, after several consecutive low-activity years with only a few positive results.According to the energy research and business intelligence company Rystad Energy…
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