BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…
Geolog International and Quad Operations, also known as QO Inc. (Quad), have entered into a strategic partnership alliance to leverage each other’s respective capabilities in providing a broader spectrum of services to their client base. Geolog…
BP has reported a 91% drop in Q4 2015 earnings, revealing the impact of the lowest oil prices in more than a decade on the business, and says oil prices look set to 'continue to be challenging in the near term.' The firm's full year underlying profit was a loss of $5…
While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
Amec Foster Wheeler announces today that it has been awarded three contracts by BP to provide services to the Glen Lyon floating production, storage and offloading (FPSO) vessel as part of the Quad 204 project, 175km west of the Shetland…
BP has reached a major milestone with its Quad 204 redevelopment project 175km west of Shetland. The firm's new floating production, storage and offloading (FPSO) vessel, the Glen Lyon, has left Hyundai Heavy Industries' yard in South Korea and started sea trials…
Odfjell Drilling’s Deepsea Aberdeen has all the bells and whistles for working west of Shetland. Elaine Maslin takes a look. Deepsea Aberdeen working west of Sheltand. Photo from Odfjell Drilling…
Global demand growth is expected to slow from its five-year high of 1.8 MMb/d in 2015 to 1.2 MMb/d in 2016 – closer towards its long-term trend as previous price support is likely to wane, the IEA Oil Market Report for October informed subscribers…
BP's Glen Lyon floating production, storage and offloading vessel (FPSO) is nearly finished and due to sail away to the North Sea next month, BP has said in posts on social media. The firm, which posted a video of the naming ceremony…
Sustained low oil prices could lead to a long-term drop in upstream oil and natural gas investment, according to a new report by the US Energy Information Administration. “Given the fall in oil prices that began in mid-2014 and the relationship between oil prices and upstream investment…
BP has been making strides in LowSal enhanced oil recovery techniques and Bright Water. It now has its sights set on polymerized water for its Quad 204 development. Elaine Maslin found out more. Onshore…
The speakers at Wednesday's Oil & Gas UK economic report release highlighted the need for a major transformation to take place within the oil and gas industry. All noted that problems in the UKCS began long before the decline in oil prices…
Europe is facing a tough downturn, but it will not last forever. Rystad’s Audun Martinsen takes a look. Clair Ridge modules onboard Dockwise’s Mighty Servant transport vessel earlier this year…
Introducing a new FPSO into a brownfield while overhauling the subsea infrastructure led to a complex multi-year SIMOPS campaign for Technip. Elaine Maslin reports. A GIS image (above) shows the complexity of the SIMOPS at Quad 204…
BP and Emerson have signed a global agreement for Emerson Process Management to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies…
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