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Wood Group bags offshore Australia contract

Feb 04, 2015

Wood Group Kenny (WGK) has secured a contract with Woodside to provide the front end engineering design (FEED) of the flowline system, and associated procurement support, for the proposed Greater Western Flank Phase 2 (GWF-2) development for the North West Shelf (NWS) Project…

Petrobras in additional Sergipe find

Feb 03, 2015

Petróleo Brasileiro S.A. – Petrobras confirmed a light oil and gas discovery by at the third extension well in the ultra deepwaters of Sergipe basin’s Farfan area, off Brazil. Farfan map. From Petrobras…

Shell sets out Brent decommissioning

Feb 03, 2015

Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell.   The decommissioning program will begin with the Brent Delta platform…

Sustained low oil prices provides canvas for industry to reinvent itself

Feb 03, 2015

Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…

CNOOC begins Jinzhou 9-3

Feb 03, 2015

CNOOC began production at its 100% owned and operated Jinzhou 9-3, offshore China. Image from CNOOC.   The Jinzhou 9-3 oilfield is located in the North Liaodong Bay in Bohai in 6.5-10…

Caribbean FLNG delayed

Feb 03, 2015

Belgium’s Exmar announced in its quarterly report that operator Pacific Rubiales Energy will delay start-up for the Caribbean FLNG project offshore Colombia, which was to be the first operational FLNG facility. Exmar said that Pacific…

LEEVAC launches PSV for Tidewater Marine

Feb 03, 2015

LEEVAC Shipyards launched hull 367, designed by LEEVAC Design Services, on 27 January. It is the first of a two-vessel newbuild program for Tidewater Marine, the company says. The vessel, to be classed by ABS, measures 300ft x 62ft x 24ft deep…

Red Hawk artificial reef

Feb 03, 2015

In this video, Anadarko gives a closer look of its Red Hawk project. Red Hawk was the world's first cell spar and began production in 2004 in 5300 feet of water in Garden Banks Block 877, approximately 210 mi. south of Lafayette…

OTC names 2015 Distinguished Achievement Award recipients

Feb 03, 2015

The 2015 Offshore Technology Conference (OTC) will kick off on Sunday, 3 May, in Houston with the Annual OTC Dinner to honor the recipients of this year’s Distinguished Achievement Awards. OTC will recognize Elmer (Bud) Danenberger III for individual achievement…

Offshore East Africa: what’s next?

Feb 02, 2015

As a result of recent offshore successes in Mozambique and Tanzania, the entire East Africa margin currently has the attention of the world’s new ventures teams, explorers and gas (LNG) buyers. What might happen next in this new hydrocarbon province…

Industry set for new MPD guidelines

Feb 02, 2015

Jerry Lee reports on new guidelines for managed pressure drilling operations due out this year from both ABS and API. Pacific Drilling’s Pacific Santa Ana drillship, classed by ABS, has been outfitted…

A sinking feeling

Feb 02, 2015

Ekofisk is an iconic field, but its uniqueness gives operator ConocoPhillips some specific challenges around subsidence. Elaine Maslin reports. The Ekofisk Complex. Photo from ConocoPhillips Norge…

Keeping a cool head in the Arctic

Feb 02, 2015

Golder Associates’ Ken Been explains the best approach to geotechnical engineering and pipeline construction when facing scours and pits in the Arctic ice. Fig. 1: Ice scouring.  Over the coming decades…

Rig market hits hard times

Feb 02, 2015

Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14.  Source: ABS. Weak demand…

Deepwater drilling markets – Darkness before dawn

Feb 02, 2015

Over supply of oil, diminishing returns and an increasing rig fleet will challenge rig operators in 2015. Rystad Energy’s Joachim Bjørni and Oddmund Føre look for a ray of light. Graphs from Rystad.    Throughout 2014…

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