Southeast Asia is expected to receive record levels of offshore investment, fueling the expansion of the region’s upstream industry. EIC’s Angeline Elias outlines the hotspots. The top five countries in 2017 leading offshore project activity in the region will be Indonesia…
Oceaneering International’s acquisition of Blue Ocean Technologies is set to reap returns in terms of new technology. Elaine Maslin reports. IRIS and BORIS. Images from Oceaneering. When…
With Shell’s Brent Charlie due to shut down in 2018, the supermajor has had to find a new home for its Penguins cluster subsea tieback. Elaine Maslin outlines the redevelopment plans. Lucy Ritchie…
With large-scale projects on hold, subsea tiebacks are accounting for 75-80% of sanctioned projects. Will it last? Elaine Maslin shares Wood Mackenzie’s view. Statoil’s Bryding tieback layout…
Polymer steel composite repairs are becoming a popular solution for worn out plates in the growing floating production vessel fleet. Elaine Maslin reports. The FPF3 on station. Images from Intelligent Engineering…
Tackling costs head on with fresh no-nonsense thinking could prove a boon for struggling subsea developments. Elaine Maslin reports on a project that hopes to achieve just that. The Paragon B391…
Melissa Sustaita provides an overview of activities slated for this year’s Offshore Technology Conference. An overview of OTC 2016’s exhibition hall. Photo from Offshore Technology Conference (OTC)…
Inflow control valves and in-well fiber-optics have given Nexen far greater visibility of what’s going in and out of their reservoirs on the Golden Eagle field. Elaine Maslin reports. Golden Eagle with the Safe Caledonia alongside…
Nigerian-based South Atlantic Petroleum (Sapetro) and Houston-based Hyperdynamics have agreed to a farmout, allowing Sapetro to pick up 50% participating interest in the production sharing contract covering the deepwater Fatala turbidite fan prospect…
FAR has signed a two-year area of mutual interest (AMI) agreement with CNOOC UK for licenses offshore Senegal and The Gambia. FAR, CNOOC AIM map. Image from FAR. The AMI will see FAR and CNOOC UK partner in evaluating…
Nido Petroleum started drilling at the Galoc-7 appraisal well, off The Philippines. The Deepsea Metro I. Image from Odfjell Drilling. The Deepsea Metro I recently set sail from Malaysia for the project…
James Fisher Marine Services (JFMS) has acquired the operations and assets of Insight Marine Projects Ltd., a specialist survey company headquartered in Cornwall, that will be rebranded this year to form the subsea surveying division of marine projects at JFMS…
Eni's Goliat reserves are set to increase by 1.2 MMcm or 7.5 MMbbl, following the approval to tie in the Snadd discovery in the Barents Sea, according to the Norwegian Petroleum Directorate (NPD). Two wells will be drilled from Goliat…
Aker BP has approved the redevelopment of Tambar in the southern North Sea that is expected to extend the production period by some 10 years. Image of Ula, from Aker BP. The plan consists of two additional wells and gas lift…
Petsec Energy is estimating first production at its Hummer oil and gas field in late Q3 2017. The company provided an update on the development of field, which extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana…