Offshore Deepwater News - page 105

 

West Tellus wins first contract with Chevron

Jul 22, 2013

Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…

Mozambique rising

Jul 17, 2013

All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…

Expert Access: HMPE Rope Technology Enables Deeper and Safer Operations

Jul 17, 2013

This event aired on August 20, 2013 Click to AccessThe offshore oil and gas industry continues moving into deeper waters, creating challenges in operations that would be common place in shallow-water projects. New synthetic materials…

Deepwater production gets high-pressure boost

Jul 17, 2013

Petrobras leads subsea pumping development to overcome deepwater production problems Subsea boosting has evolved since the first subsea multiphase pump was installed, in 1994, by Shell at Draugen field in the Norwegian Sea. That pump…

Emergency Release Connectors designed for high bending moment

Jul 16, 2013

In the wake of the Macondo incident, the drilling industry has focused on making improvements to offshore safety and developing methods to recover from similar incidents. However, emergency release connector (ERC) technologies, which…

BP, CNOOC sign new PSC

Jul 16, 2013

BP and China National Offshore Oil Corp. (CNOOC) Ltd. signed a production sharing agreement for Block 54/11 in the South China Sea, the two companies confirmed on July 16. The block covers 4586sq km in water depths ranging from 370-2300m…

Ultra-deepwater drives demand

Jul 11, 2013

Global demand for ultra-deepwater drilling units remains high with new contracts attracting high day rates, according to Fred. Olsen Energy. The firm, which operates a fleet of seven deepwater and mid-water drilling rigs, says growth in the ultra-deepwater segment is expected continue…

Analysis: Independents’ frontier successes ramp wider offshore activity

Jul 10, 2013

Analysis: Perspectives Independent oil companies have led the way opening new frontiers in recent years, but this may change as companies of all sizes have locked-up huge swathes of frontier acreage, creating opportunities for exploration-driven deals…

FPS delivered to Gumusut-Kakap field off Malaysia

Jul 08, 2013

A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…

Appomattox potential grows

Jul 03, 2013

Shell said today it has made a 100million barrel deepwater oil discovery in the Gulf of Mexico, adding to the potential of the future development of its Appomattox find.   The Vicksburg A discovery is nearby Appomattox, which contains…

Sinopec buys into BP's PSVM

Jun 26, 2013

Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…

ONGC takes Mozambique share

Jun 26, 2013

ONGC Videsh Ltd. (OVL) and Oil India Ltd. (OIL) have agreed to purchase Videocon Mauritius Energy Ltd.’s 10% share in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US $2.47 million. The acquisition will give OVL 60% stake and OIL 40% stake in Area 1…

Tenaris provides risers to Shell

Jun 26, 2013

Tenaris announced that it will provide the TenarisHydril Wedge 623™ Dopeless® and Blue® Riser connections for Shell’s Olympus TLP in the Gulf of Mexico. The Wedge 623™ connections were designed to comply with recent changes in deepwater operating requirements in the Gulf of Mexico…

Total launches EGINA development

Jun 21, 2013

Total announced that its subsidiary, Total Upstream Nigeria Ltd. (TUPNI), operator of the OML 130 block, and co-venturers have obtained the necessary approvals from Nigerian National Petroleum Corp. (NNPC) to award the main EPC contracts to develop the offshore Egina field…

UTC: Deepwater cutting from Chukar

Jun 21, 2013

Chukar Waterjet has developed an ultra-high pressure subsea waterjet capable of cutting and blasting at depths of more than 3000m.  The system, presented at UTC in Bergen this week, was developed following Chukar's involvement in providing…

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