Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper. Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…
Shell quits Alaska: Royal Dutch Shell will discontinue its 2014 plans for drilling offshore Alaska. Shell’s U-turn on Alaskan drilling follows a profit warning and a court judgment, raising “substantial obstacles” to the company’s plans for drilling in the Chukchi Sea…
Experts from the global oil and gas industry have heard that a catastrophic disaster can – and will – happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely. The stark warning was issued…
InterMoor has completed decommissioning operations of the Innovator platform in Gomez field, Mississippi Canyon Block 711, Gulf of Mexico. The scope of work, conducted in water depths of 910 m, involved disconnecting 10 risers/umbilicals…
ConocoPhillips has taken a three-year contract for the ENSCO DS-9 drillship, currently under construction at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-9 is a Samsung GF12000 hull design…
Stone Energy Corp. hit oil at its deepwater Cardona (MC 29 #4) well at Mississippi Canyon 29 in the US Gulf of Mexico, the company announced on 24 Feb 2014. Drilling operations are underway using the ENSCO 8502 drilling rig, which Stone Energy contracted last April…
The third phase of the Na Kika field in the Gulf of Mexico recently entered production, BP announced. Phase 3 production started on 19 Feb 2014, with a second well expected to come online 2Q 2014. Sitting in around 6300ft of water…
Tri Tool Inc. introduced a new high production counterboring service for the offshore market. To meet the demand for deep counterbore machining of steel catenary risers and critical pipeline needs in the Gulf of Mexico, Tri Tool has designed…
SURF contractor Ceona has been awarded a contract for work in the Gulf of Mexico from Bennu Oil and Gas, LLC. The Clipper Contingency Umbilical Installation Project consists of the installation of a 1.1mi-long dynamic umbilical and two…
Marin has expanded its subsea business by establishing a base in the gulf coast. The objective is to support clients in the areas of deepwater excavation, claycutting and route preparation. The recent appointment of Frank Hazen, President of Marin Deepwater Operations…
Houston-based Noble Energy has contracted Norway-headquartered Aker Solutions to provide umbilicals and subsea equipment for use in the Gulf of Mexico and offshore Israel. In the deepwater Gulf of Mexico, Noble Energy sanctioned two subsea…
US Geological Survey (USGS) scientists have been developing a computer model that could potentially assist scientists in tracking and predicting where oil will go following a spill, sometimes years afterwards. The tool could also assist in oil spill clean-up…
A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.
Shell announced it has begun production from the Mars B development through Olympus, its seventh, and largest, floating deepwater platform in the Gulf of Mexico. It is the first deepwater project in the region to expand an existing oil and gas field with significant new infrastructure…
BP has reported a fall in profits in 2013, as the company feels the brunt of its divestment program. Underlying replacement cost profit for Q4 was US$2.8 billion, compared with $3.9 billion for Q4 2012. Full-year underlying replacement cost profit was $13…
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