Despite slower than anticipated demand for well intervention services, service firms are ploughing ahead with new designs and solutions to help operators get more out of their wells. Elaine Maslin highlights some of the activity in the market…
Many companies often try to replicate successful prior projects and one such company that has managed to do so is Houston-based independent Anadarko Petroleum. The Lucius spar. Anadarko Petroleum kept the Heidelberg design 87% identical to Lucius’…
Ocean Rig, a provider of offshore deepwater drilling services, has announced that on 31 January 2016, it has received a notice of breach of material obligations from Premier Oil under the drilling contract for the Eirik Raude. Ocean Rig is…
Power and automation firm ABB is to provide software for three newbuild deepwater subsea construction vessels being built by new company Ultra Deep Solutions. Ultra Deep Solutions was set up in 2014, by industry veteran Sheldon Hutton…
Statoil is to join French oil major Total in drilling the first deep water exploration well offshore Uraguay. Statoil has agreed to take a 15% stake in Block 14, a frontier block in the deep water Pelotas basin, about 200km offshore, in the the South Atlantic Ocean…
The job of placing ocean bottom nodes for seismic acquisition could be set for a revolution. Elaine Maslin looks at Autonomous Robotics Limited’s concept. A single node, nose on. Images from Autonomous Robotics Ltd…
Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian oilfield analysts Rystad. 'In addition to subsurface challenges, above-ground issues…
Rope manufacturer Lankhorst Ropes, was awarded a contract by Shell to supply the mooring lines for the Appomattox development to be located approximately 140nm southeast of New Orleans in the Gulf of Mexico. Lankhorst Ropes is supplying 78 rope lengths totaling over 63…
From 2014 to 2040, global energy demand will increase by 25% due to population growth and economic expansion, according to ExxonMobil’s 2016 edition of The Outlook for Energy. Energy demand. Graph from ExxonMobil…
Eco Atlantic Oil & Gasand Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America. Map of the Orinduik block…
Anadarko Petroleum achieved first oil at Heidelberg in the deepwater Gulf of Mexico last week. Map of Heidelberg. Courtesy of Anadarko. Heidelberg is located in Green Canyon 859…
Some US$380 billion worth of upstream oil and gas projects have been put on hold as a result of the fall in oil prices, according to new research by analysts Wood Mackenzie. The Edinburgh based firm says the last six months of 2015 saw…
Embattled Brazilian state owned firm Petrobras has made deeper cuts to its previously announced 2015-2019 business plan, with the company announcing a 25% drop in capex today (12 January). Petrobras will drop its planned capital expenses by US$32 billion in its 2015-2019 business plan…
Nigeria is eying an opportunity to integrate floating production units on home turf, potentially even building them from scratch. Elaine Maslin found out more. ADOL from the air. Photos…
Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…
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