With demand for hydrocarbons increasing and costs rising, the exploration and production industry is also facing numerous technical challenges including the development of high-pressure – high-temperature (HPHT) reserves. HP / extreme-HP typically refers to borehole pressures between 10…
FMC Technologies established a joint industry program focused on developing a new generation of standardized subsea production equipment and systems, the company has announced. The JIP, which includes Anadarko Petroleum, BP, ConocoPhillips…
Maersk Drilling has ordered the offshore oil and gas industry’s first 20,000-psi (20-ksi) rated deepwater blowout preventer (BOP) stack and riser systems. The four BOPs and two risers, ordered from GE Oil and Gas, will be used in the Project 20K agreement with BP…
Keppel FELS Ltd has said it is to start building its CAN DO drillship design, with a 2016 completeion date. No secure contract has been secured for the vessel yet. Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M)…
BP intends to commit US$4 million to launch a new strategic partnership with The University of Texas at Austin to support several oil and gas research projects, according to a statement released by the company Thursday. The collaboration…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…
BP announced it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today's technology…
Two years after Macondo, BP launched an all-out effort at OTC 2012 to demonstrate its commitment to safety and to its future in the Gulf of Mexico. Russell McCulley reports.Among the many legacies of the 2010 Deepwater Horizon blowout is what's…
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