With ExxonMobil reported to be moving the Liza discovery in deepwater Guyana into pre-front-end engineering design (FEED) less than five months after confirming the find, the project has the potential to yield significant returns for investors…
Following the fate of the global oil industry, the short-term outlook for the remotely operated vehicle (ROV) market is set to be sluggish – but long-term these machines will play a key role in deepwater development and the technology they use is set for a leap forward…
Abdel Fattah Al-Sisi, president of Egypt, and Claudio Descalzi, Eni’s chief executive officer, met in Cairo to discuss Eni's activities in the country. Image from Eni. During the meeting…
Technip USA, Inc., an affiliate of Technip SA of France and 3D at Depth, a global technology provider of advanced subsea LiDAR systems and solutions, announced that they have signed a joint development agreement to expand and commercialize the LiDAR technology for subsea metrology…
As Mexico’s first offshore bidding round for already discovered fields saw bids significantly higher than the minimum set up by the government, adding further transparency to the process would be positive for the round as it approaches its deepwater phase…
Fugro (Mexico) in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, Pemex. Geotechnical field operations, laboratory…
The Global offshore support vessels industry is estimated to grow from US$39.4 billion in 2014 to $69.34 billion by the end of 2020 at a CAGR of 9.88%, according to a new report by Mordor Intelligence on the Global Offshore Support Vessel Market…
GMC Ltd. has announced that they have received an award for their Intelligently Connected Pipe (ICP) technology from DeepStar as part of DeepStar Phase XII-B funding. The project titled ‘Testing of High-Strength Mechanically Connected Steel…
Fugro Scout, the new 83m geotechnical drilling vessel, has completed its maiden project in the Middle East. Since its maiden project in the Persian Gulf it has been successfully deployed in the Arabian Sea and the Red Sea, completing several…
Shell started production from the Bonga Phase 3 project offshore Nigeria, with expected peak production to hit about 50,000 boe/d. Image of the Bonga project. From Shell Flickr. Bonga…
Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…
Brazil’s deepwater offers huge opportunities, but also big technology challenges. The Industry Technology Facilitator’s Paddy O’Brien and Arthur Braqa explain. Images from ITF. Offshore…
The safe installation of the first tension-leg wellhead platform offshore Brazil could pave the way for future similar developments, says DNV GL’s Mike Roberts and David Ryan. Chevron’s Papa Terra facility offshore Brazil…
Brazil will need to drill around 300 development wells in deepwater in order to sustain and reach its production target. Douglas Westwood’s Mark Adeosun takes a look at what is at stake. The Cidade…
A new offshore play is emerging in the oil and gas exploration business – deepwater contourites. Elaine Maslin spoke to Professor Dorrik Stow about what and where they are and how they were found and how scientific deepwater drilling is helping to unlock their secrets…
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