One of the missing links for some fully subsea production systems has been subsea storage, either for production fluids, later periodic offtake or production chemicals.NOV has been working on a gravity-based subsea storage unit (SSU), based on a design initially developed by Kongsberg…
TGS and Quantico Energy Solutions announced a technology collaboration to leverage their respective offerings in seismic data, AI-based well logs, and artificial intelligence (AI)-based seismic inversion.TGS is a provider of multi-client geoscience…
Spanish oil company Repsol has terminated a contract with U.S. firm Dril-Quip for the delivery of offshore equipment for a project in Vietnam.Houston-based Dril-Quip has announced that the contract award between its subsidiary Dril-Quip Asia Pacific Pte Ltd…
SeaBird Exploration, a global provider of 2D, source and shallow water 2D/3D seismic services, has received a letter of award to provide a source vessel for an upcoming ocean bottom node (OBN) project in the Asia Pacific region.The project…
Norway-based provider of marine geophysical services, Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol.It will be Shearwater’s first Isometrix survey in Latin America with marine acquisition starting in Q4 2019…
Cooper Energy said it has been awarded the offshore exploration permit VIC/P76 located in the Otway Basin, offshore Victoria.VIC/P76 comprises an area of 162 square kilometers in water depths ranging from 60 meters to 70 meters. Commercial gas discoveries surround the permit…
Marine seismic surveyor PGS announced it has selected Google as its preferred cloud provider.By harnessing Google’s cloud-based technologies and incorporating artificial intelligence and machine learning capabilities into workflows, PGS will increase flexibility…
Offshore equipment and services company Deep Down said it has appointed Micah Simmons as Chief Operating Officer, a new role at the company. Simmons' appointment is part of a broader management realignment effort initiated last month, which…
A new 5,080-square-kilometer wide-azimuth (WAZ) multiclient survey has commenced in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery…
The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced.The vessel was…
Egypt's Baltim South West offshore gas field backed by BP and Eni has started production of 100 million cubic feet of gas a day, the oil ministry said on Tuesday.Output will rise to 500 million cubic feet of gas by the second quarter of 2020 when five wells are expected to be online…
Saudi Aramco is pressing ahead with its listing plans this week, although some investors and analysts doubt it can now meet its timeline as it has not said when oil output will be restored after attacks on its facilitiesReuters has reported it could take months for Aramco…
Oilfield services company Schlumberger said it has formed a partnership with supermajor Chevron and technology giant Microsoft to accelerate creation of innovative petrotechnical and digital technologies. The firms say they will work together…
Norway's Equinor has discovered a gas field in its Eagle prospect in the Norwegian Sea, the energy company said on Tuesday, adding that it plans to extract resources via existing platforms in the areaThe company discovered the gas field along with Norwegian partners Aker BP and Wellesley Petroleum…
As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…
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