Plan to double Norwegian fortunes held up by field fix, remedial drilling campaignGerman offshore player Wintershall spent this week affirming plans to spend $2.23 billion offshore Norway toward doubling production, as Continental Europe’s “largest indie” embarks on a plan to double its Norwegian production.Investment plans, and a not-yet finalized merger with compatriot company, DEA, ought to help…
The offshore support vessel (OSV) fleet in Brazilian waters closed January with 367 vessels, of which 328 were Brazilian flagged and 39 were foreign flagged. The quantity remained nearly stable in relation to December 2018, when 363 vessels…
The March/April edition of Offshore Engineer magazine will include features on . . . Deepwater: The Big New HorizonMore and more operators are turning once more to deep water exploration. Elaine Maslin takes a look at some of the hot spots explorers are targeting over the next year…
Louisiana shipbuilder Gulf Craft has delivered the third vessel in a series of new class monohull fast support vessels (FSV) for SEACOR Marine.According to designer Incat Crowther, the vessel Libby L. McCall advances the traditional offshore support vessel model and offers a more cost efficient…
An innovative high-tech wave device currently being built in the U.S. will offer marine-based big data centers the chance to power up while cooling down.The project is a display of Irish marine innovation combined with U.S. engineering prowess…
Premier Oil announced in its trading and operations update that it is working with joint venture partners Talos Energy (operator) and Sierra Oil & Gas to progress the appraisal program for the Zama-1 discovery in block 7 in the Sureste Basin offshore Tabasco…
US-based Stone Energy hit oil at its 100%-owned Mt. Providence development well in Mississippi Canyon block 28, in the deepwater US Gulf of Mexico. The Mt. Providence well (also known as MC 28 #4) hit approximately 153ft of high quality…
Tullow Oil has picked up six licenses offshore Peru, spanning 28,000sq km, the UK-based firm confirmed today (10 January). Map of Peru blocks. Image from Tullow. Following negotiations with Perupetro…
2017 became the year that the oil and gas industry embraced robotics. Elaine Maslin reports on initiatives in the North Sea (first published in the January 2018 OE, access the full issue here). While the industry has long been using autonomous underwater systems and remotely operated tooling…
Audrey Leon looks at how BP’s new approach to working with its suppliers have led to quicker project start-up (First published in OE January 2018, view the full issue here). The Juniper platform offshore Trinidad and Tobago…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
Elaine Maslin reports on how the oil and gas industry is getting more data from downhole thanks to fiber optics (First published in the December 2017 OE, access the full issue here). The big data revolution is being felt in the oil and…
Aberdeen's Oil & Gas Technology Centre (OGTC) is to invest US$1.76 million (£1.3 million) in four projects aimed at developing new plugging and abandonment (P&A) technologies. BiSN, Strathclyde University, Heriot-Watt University and Baker…
The sixth time seems to be the charm for Exxon and its partners at the Stabroek block offshore Guyana. The supermajor is celebrating another large find in South American waters, the company announced today (5 January). Stena Carron drillship…
Elaine Maslin profiles subsea organization National Subsea Research Initiative (NSRI) and its current work as it prepares for a change in leadership (first published in the January 2018 OE, access full issue here). Since its launch in 2014…
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