Subsea 7 provides this video charting the timeline of construction for its latest pipelay/heavy lift strategic enabler vessel Seven Borealis, delivered in 2012. Seven Borealis is a customized SOC 5000 model designed by ULSTEIN. The vessel's…
New year, new focus. OE asked, “What are the main technology trends for your sector this year?” In 2014, we expect to see an emphasis on automation and control systems to enhance rig efficiency and safety. Multi…
Atwood Oceanics, Inc.announced today the delivery of the Atwood Advantage from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Advantage has departed the DSME shipyard and commenced its drilling services contract with Noble Energy…
BP, with partner ConocoPhillips, has struck oil at the Gila prospect in deepwater US Gulf of Mexico. BP said the move was a sign of its returning momentum in the region. The high pressure Gila discovery was made by an exploration well on Keathley Canyon Block 93…
Chevron Corp. announced its new US$39.8 billion capital and exploratory investment program for 2014. Approximately 90% of the 2014 spending program is budgeted for upstream crude oil and natural gas exploration and production projects…
Oil and gas companies will spend about US$723 billion on exploration and production (E&P) in 2014, an increase of 6.1% from 2013, Barclays Bank said in a report. Major oil companies are slowing spending growth as they put more emphasis…
Petroleum Geo-Services (PGS) announces the TRITON GeoStreamer® Full Azimuth survey, a new solution to complex imaging problems in the deepwater Gulf of Mexico. PGS offer this survey as the next important advance in tailored acquisition design…
CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…
Brian Salerno, director of the Bureau of Safety and Environmental Enforcement (BSEE), cited 12 Gulf of Mexico (GOM) operators for failure to comply with the Safety and Environmental Management Systems (SEMS) requirements of the Workplace Safety Rule…
Since the turn of the millennium, global pipeline investment has undergone sustained and, in recent years, robust growth as a result of favorable market conditions and industry trends, including: the continued high levels of investment in offshore development…
Meta has deployed its Metalmorphology technology in wells in the North Sea and Gulf of Mexico. Richard Craig explains. Well integrity, particularly the structural and casing integrity of wells, is a key issue in the offshore oil and gas sector…
Large structures in deep water Gulf of Mexico are set to challenge established decommissioning methodologies in the basin, while the North Sea still awaits its bow-wave of activity. Elaine Maslin reports. Globally, the offshore decommissioning market has largely been limited to two basins…
Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…
Houston-based Helix ESG recently completed a deepwater well decommissioning project in 7919ft. Darin Hilton explains the steps and options involved in plugging and abandonment. Over the past several years, there has been a growing demand…
Seaway Heavy Lifting (SHL) has won a contract with Permaducto SA de CV for an offshore installation project in Mexico. Under the contract, SHL will execute work offshore Mexico in a joined offshore program for Pemex’s KuMaZa/Cantarell project…
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