Offshore Regions News - page 1161

 

Old is new again

Oct 30, 2017

With decommissioning an inevitability, what to do with platforms once production ceases is a hot topic. Karen Boman surveys new ideas for life after production. Once upon a time, it seemed that the only thing to do with aging offshore infrastructure was to rip it out…

Decom dollars

Oct 30, 2017

More than 700 offshore fields are expected to cease production in the next five years, according to forecasts. Elaine Maslin reports. Two major events appeared to fire the starting gun for the UK’s offshore decommissioning market to take…

Gravitational pull

Oct 30, 2017

Two offshore wind firsts have been achieved this year, both relating to use of gravity-based foundations. Elaine Maslin reports. While gravity-based wind turbines are not new, they’re far from the most common form of foundation for the offshore wind industry…

Perfecting PWC

Oct 30, 2017

Perforate, wash and cement technologies are offering operators an alternative to milling. Elaine Maslin reports. When OE headlined an article about plugging and abandonment (P&A) “Pain in the annulus” back in 2016, it was with just cause…

Fixing floaters

Oct 30, 2017

Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal. Image from Principle Power. While costs in…

Shell, Petrobras lead pre-salt auctions

Oct 27, 2017

Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks…

Exxon joins Statoil at Carcará

Oct 27, 2017

ExxonMobil will join Statoil as a partner offshore Brazil, buying half of Statoil's interest in block BM-S-8, which contains part of the pre-salt Carcará oil field, for US$1.3 billion. The pair have also teamed up for a pre-salt licensing…

Talos adds to Phoenix resource

Oct 27, 2017

Talos Energy has completed its Tornado II exploration well and side track in the Phoenix field of the Green Canyon area of the Gulf of Mexico in about 2700ft water depth.  The Tornado II drilling program, using the Ensco 8503 drilling rig…

Suriname duster for Tullow Oil

Oct 27, 2017

Tullow Oil's latest 'ambitious wildcat' well offshore Suriname, south America, has failed to make a commercial discovery.  The Araku-1 exploration was drilled to a total depth of 2685m and penetrated the objectives of the Araku prospect…

GE inks partnership for robotic subsea inspection

Oct 26, 2017

Avitas Systems, a GE Venture, announced today (26 October) that it has formed a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence…

PGS streamlines business, management team

Oct 26, 2017

Seeking to cope with changing seismic market fundamentals, marine geophysical firm Petroleum Geo-Services (PGS) will centralize and streamline its operations, resulting in a reduction in its executive management team. PGS' Ramform Tethys…

ABB Turbo Systems acquires Tekomar

Oct 25, 2017

ABB Turbo Systems will acquire Swiss-based Tekomar Group, the company announced today. ABB said the by acquiring Tekomar, ABB will further develop Tekomar’s digital solution for engine analytics and advisory systems. 'Advancing ABB capabilities in performance modeling and analysis…

LQT wins TLP accommodation work

Oct 25, 2017

LQT Industries has been awarded the engineering and construction of a three story aluminum accommodations facility by a major oil and gas production company for a deepwater tension leg platform (TLP) in the Gulf of Mexico. The aluminum accommodations…

Halliburton debuts Marine Sentry 3000

Oct 25, 2017

Oilfield services provider Halliburton announced today (25 October) the release of the Marine Sentry 3000, a rotating control device that provides a pressure control solution by creating a seal around the drill string and tool joints for…

Drilling starts on Tambar development project

Oct 25, 2017

Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East Unit fields are satellite fields, about 16km southeast of the Ula field in the Norwegian North Sea…

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Aphrodite Gas Field off Cyprus

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