Artificial neural networks are being used to help design floating production system hulls in the concept and front-end engineering phases. Elaine Maslin reports. Libra and her possible smaller…
Over enthusiasm in the recent floating rig building cycle has led to an ultra deepwater “hangover” that will take several years of recovery, says Liz Tysall and Oddmund Føre, of Rystad Energy. Transocean…
BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…
Interventek Subsea Engineering has signed a two-year exclusive deal with Louisiana-based Professional Rental Tools (PRT) to supply its in-riser Revolution valve for well intervention operations in the Gulf of Mexico. Interventek will supply its 6…
Shell and Mitsui Oil Exploration have taken the final investment decision for phase one of the Kaikias deepwater project in the US Gulf of Mexico, in hopes of starting production in 2019. Illustration of Kaikias…
Forum Energy Technologies has delivered a remotely operated vehicle (ROV) to new Norwegian firm ESEA Submarine for offshore work, including inspection, survey and salvage work. ESEA Submarine was established during 2016 by Georg Stranden…
Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry. The round, offering 'all…
Ophir Production has contracted a vessel for its Ophir floating production field development offshore Malaysia. The tanker Puteri Bangsa will be converted into the MTC Ledang floating production, storage and offloading (FPSO) unit by Malaysian firm MTC Engineering for use on the Ophir field…
Mexico’s Petróleos Mexicanos (Pemex) expects to carry out exploration activities at Trión this year, with initial production slated to start in 2023. Image of José Antonio González Anaya, from Pemex Flickr…
Chevron reached its final investment decision (FID) for Mad Dog 2 in the Gulf of Mexico, paving the way for the BP-operated project to reach first oil in 2021. Illustration of Mad Dog 2, from BP…
Trelleborg has launched a new mobile app for FireNut solution. Image of a flange with FireNut, from Trelleborg. To make it even easier to specify FireNut, Trelleborg’s offshore…
Farstad Shipping has been awarded six global charter and extension contracts with several companies. The anchor handling tug supply vessel Far Sigma has been awarded a one well contract by Lundin Norway to support their drilling program…
TAM International, Inc. has appointed Michael Machowski as the new president of the company, as former president L. Bentley Sanford moves into the position of chairman of the board Image of Machowski…
Sparrows Group has secured a five-year contract to deliver hydraulic, lifting and rigging services for Maersk Oil’s UK floating assets. The agreement will see Sparrows support the operator in strengthening its lifting operations for the…
Dallas-based Kosmos Energy is looking to drill “the industry’s most prospective exploration wells,” as the company moves towards its second phase of exploration offshore Mauritania and Senegal. Map of the Greater Tortue area…
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