SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…
DONG Energy A/S shareholders approved at an extraordinary general meeting today (30 October) the company changing its name to Ørsted A/S. The company is changing its name to match its strategic transformation from black to green energy following its divestment of its oil and gas production…
Swire Seabed has signed a charter with Siem Offshore for up to three years bareboat of Siem vessel Siem Stingray. Siem Stingray, which will be re-named Seabed Stingray, is an IMR, construction and survey vessel of the VARD design. The vessel is 120…
Perforate, wash and cement technologies are offering operators an alternative to milling. Elaine Maslin reports. When OE headlined an article about plugging and abandonment (P&A) “Pain in the annulus” back in 2016, it was with just cause…
As decommissioning gathers pace, the debate around how to make the entire process more efficient – safely – at a reduced cost intensifies. Emma Gordon reports. Are we thinking big enough, or is the challenge smaller than we think? Certainly…
With waning support for marine energy in the UK, Sustainable Marine Energy decided to head East. Elaine Maslin reports. The Plat-I design. Image from Sustainable Marine Energy. Sustainable Marine Energy (SME) set out to be a tidal energy developer…
As the North Sea enters the decommissioning era, should complete removal remain the default option? And what is the impact of the process on North Sea ecosystems? Emma Gordon reports. The oil and gas industry must address its knowledge…
When Total launched the Laggan-Tormore subsea tieback, West of Shetland, it was always with the long-view, and not just in terms of distance. The investment is starting to pay off. Elaine Maslin reports. The 143km-long gas pipeline export facilities for Laggan-Tormore…
Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…
Record numbers of marine energy devices are generating record amount of power in Scottish Waters, but the sector has been knocked back in its bid for support. Elaine Maslin reports. Timing is everything, they say. For the UK marine energy sector…
With decommissioning an inevitability, what to do with platforms once production ceases is a hot topic. Karen Boman surveys new ideas for life after production. Once upon a time, it seemed that the only thing to do with aging offshore infrastructure was to rip it out…
More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…
Two offshore wind firsts have been achieved this year, both relating to use of gravity-based foundations. Elaine Maslin reports. While gravity-based wind turbines are not new, they’re far from the most common form of foundation for the offshore wind industry…
Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks…
Class society ABS issued a managed pressure drilling (MPD) notation to Seadrill’s West Capella ultra-deepwater drillship for demonstrating system compliance with the ABS Guide for Classification and Certification of Managed Pressure Drilling Systems Guide…
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