Offshore Production News - page 261

 

Integrating automation offshore

Aug 01, 2014

As a part of creating production, here is a subsea production tree that mounts at the well head. Source: FMC Technologies  Peter Welander examines how the challenges of networking disparate elements are intense…

Intervention allies

Aug 01, 2014

Sarah Parker Musarra spoke with FTO Services’ Vidar Sten-Halvorsen to learn more about the new Island Performer intervention vessel, a product of the joint venture between FMC Technologies and Edison Chouest Offshore. The Island Constructor…

BPZ Energy spuds Corvina well off Peru

Jul 31, 2014

BPZ Energy spud the CX15-7D development well in the Corvina field in Block Z-1, offshore Peru, on 29 July 2014, the company announced today. BPZ Energy plans to drill to 8500ft depth and expects operations to complete in October. BPZ…

CNOOC begins Panyu 10-2/5/8 production

Jul 31, 2014

CNOOC Ltd. commenced production at its Panyu 10-2/5/8 project in the Pearl River Mouth Basin in the South China Sea, the company announced on 31 July 2014. This project includes three oilfields – the Panyu 10-2, Panyu 10-5 and Panyu 10-8 – with an average water depth of 100m…

API publishes new capping stack guidelines

Jul 31, 2014

The American Petroleum Institute (API) published new guidelines for the design, manufacture and use of subsea capping stacks, equipment designed as part of industry’s emergency preparedness in the event of a spill at a wellhead on the ocean floor…

P&A problems

Jul 30, 2014

The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…

Petrofac gets Shah Deniz contract

Jul 30, 2014

Petrofac secured a contract worth approximately US$8.4 million with the BP-operated Shah Deniz 2 project to provide their maintenance build capabilities. The contract covers new onshore, offshore and pipeline assets in the Azerbaijan sector of the Caspian Sea…

Pemex oil production down, gas revenue up

Jul 29, 2014

Petroleos Mexicanos, Mexico's national oil company, released 2Q 2014 financial results last Friday. Total sales increased by $15.9 billion pesos (US$1.2 billion), which represented 4% growth year-over-year. The growth is primarily attributed to a 27…

Lishui 36-1 gas field begins production

Jul 29, 2014

Hong Kong-based CNOOC Ltd. announced the Lishui 36-1 gas field began production. The Lishui 36-1 gas field is located 150km from Wenzhou city Zhejiang province, with an average water depth of approximately 84m. The gas field has four producing wells…

CNPC, CUPET enter agreements

Jul 28, 2014

China National Petroleum (CNPC) and Cupapetroleo (CUPET) signed a framework agreement to increase crude output and production sharing and a cooperation agreement on drilling services in Havana, Cuba on 22 July. Under the agreements, CNPC…

API: Americans favor domestic production

Jul 24, 2014

A July 2014 poll revealed that if the US produced more oil and natural gas, it would greatly benefit job creation, increase government revenue and strengthen national security. API and Harris Interactive Poll According to a recent…

Mexico's energy reform marches on

Jul 22, 2014

Mexico’s senate passed the secondary legislation that defines new institutional framework for state oil company Petróleos Mexicanos (Pemex) following the December 2013's sweeping energy reforms. After 12 hours of debate and hearing from more than 50 senators…

Sembcorp secures Kaombo FPSO conversion work

Jul 21, 2014

Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…

DNV GL announces compliance road map for floaters

Jul 18, 2014

DNV GL announced a road map to what is necessary to be in compliance with US Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in US waters, the regulatory agency announced on 17 July 2014. The document called “Verification…

Intelligent energy in action

Jul 16, 2014

The PSVM project subsea layout. Images from BP.  BP’s Field of the Future program has been put into action on the PSVM development offshore Angola. Elaine Maslin reports. BP’s deepwater PVSM…

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