In this video, Anadarko gives a closer look of its Red Hawk project. Red Hawk was the world's first cell spar and began production in 2004 in 5300 feet of water in Garden Banks Block 877, approximately 210 mi. south of Lafayette…
The 2015 Offshore Technology Conference (OTC) will kick off on Sunday, 3 May, in Houston with the Annual OTC Dinner to honor the recipients of this year’s Distinguished Achievement Awards. OTC will recognize Elmer (Bud) Danenberger III for individual achievement…
Jerry Lee reports on new guidelines for managed pressure drilling operations due out this year from both ABS and API. Pacific Drilling’s Pacific Santa Ana drillship, classed by ABS, has been outfitted…
Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14. Source: ABS. Weak demand…
Over supply of oil, diminishing returns and an increasing rig fleet will challenge rig operators in 2015. Rystad Energy’s Joachim Bjørni and Oddmund Føre look for a ray of light. Graphs from Rystad. Throughout 2014…
President Obama’s fiscal year 2016 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is US$204.7 million, providing robust support that will enable BSEE to keep pace with industry activity and the technology developments…
A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…
Cobalt International Energy appointed Shashank V. Karve as executive vice president, Cameia development. Karve joined Cobalt in December 2014, and is accountable for execution of the Cameia development project to production, ensuring safe…
Oceaneering International agreed to acquire C & C Technologies, Inc. (C&C), a provider of survey services, for approximately US$230 million in cash. Headquartered in Lafayette, Louisiana, C&C Technologies offers ocean-bottom mapping services…
The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (EIS) for the US Gulf of Mexico. Gulf of Mexico map. From BOEM. The…
GE has launched GE Marine, a new organization focusing on the merchant, offshore and naval industries, to be led by Tim Schweikert, VP, GE Marine. This new organization brings together GE’s commercial and technological expertise in the…
Marine Well Containment Co. (MWCC) received delivery of its expanded containment system (ECS) for operations in the US Gulf of Mexico. MWCC Containment System in a 'cap and flow' scenario. From MWCC…
Seaway Heavy Lifting installed the last three topsides in one week for Pemex using its crane vessel Oleg Strashnov in the Gulf of Mexico. Out of a string of jackets and topsides in the Gulf of Mexico the last topside was installed on 28 January in the Bay of Campeche…
The Research & Development Corp. (RDC) is investing US$4.9 million in a multi-purpose survey, support and research and development vessel to be stationed in St John’s. The total cost to design, build and operate such a vessel over a 10…
Super major Shell is curtailing its spending by more than US$15 billion over the next three years and has futher options to reduce spending, the supermajor announced this morning, citing the dramatic, nearly 60% drop in oil prices over the past six months…
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