Growing numbers of subsea wells in increasingly deeper waters will continue to drive the market for well intervention capabilities. Infields’ James Hearn outlines the market. Depleting oil and gas reserves within established shallow water…
The US Coast Guard updated decades old regulations regarding offshore cranes and inspection practices. Anthresia McWashington takes a look at the changes to come. The US Coast Guard (USCG) recently proposed revisions to the design, certification…
The US Gulf of Mexico (GOM) has clearly returned to the spotlight as one of the hottest offshore regions in the world. The impact of Macondo appears to be in the past and the number of both drilling rigs and major production projects are increasing…
Shallow water subsea systems can be an ideal solution for improving marginal field net present value. Jerry Streeter, Field Development Manager, for FMC Technologies, Inc., explains. Very little has been published recently on shallow…
Repsol Exploration Norge AS, operator of production license (PL) 541, has completed drilling of wildcat well 4/4-1, located about 60km east of the Trym field in the southern part of the North Sea. The well is dry. The objective of the…
More needs to be done to develop Russian subsea production capabilities in order to develop hydrocarbon resources in Russia’s arctic seas, SPE Arctic & Extreme heard in Moscow yesterday. According Gazprom, there is an estimated 21-46Billion tons of oil and 36…
Transocean Ltd. announced it has been awarded a five-year contract for a newbuild dynamically positioned, ultra-deepwater drillship by Chevron U.S.A. Inc. Shipyard delivery is scheduled for the second quarter of 2016. After customer acceptance…
Lundin Petroleum, through its wholly-owned subsidiary Lundin Norway, posts the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S…
Royal Boskalis Westminster N.V. (Boskalis) completed the sale of its Australian harbor towage business to Smit Lamnalco. The sale had already been announced in August 2013 as part of a strategic realignment of the towage activities. Boskalis…
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 October 12, differed from that of the US House of Representative’s version…
FMC Technologies, Inc. received an order from Tullow Ghana Ltd to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order has an estimated value of US$340 million in revenue. FMC Technologies' scope of supply includes subsea trees…
The international hunt for resources in the arctic is unlikely to lead to confrontation, but it is possible, the SPE Arctic and Extreme Environments conference heard in Moscow today. Former British diplomat in Russia, Sir Anthony Brenton…
After two years of planning, BP is about to launch a major renewal program on its North Sea Magnus and ETAP facilities. BP explained the program—and its long term aims—to Elaine Maslin. Operators in the North Sea are tackling a thorny…
Increasing construction and installation activity globally is driving a demand for fabrication and manufacturing capabilities. With its shipbuilding and petrochemical heritage, northeast England is rising to meet the challenge. From a cluster of towns centering on Newcastle…
Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…
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