Offshore News, Offshore Engineer Magazine - Page 11

 

Monitoring, and Addressing, Crude Quality in Real-time

Sep 20, 2019

Through artificial intelligence and machine learning, oil companies can monitor production stream quality in real time to optimize the value per barrel.“The industry is now recognizing the importance of product quality,” says Paul Oates, US business development director for Validere…

Europa Lands High Impact Venture Offshore Morocco

Sep 19, 2019

The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…

FPSO & IPO: Growth of an Operator

Sep 17, 2019

As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…

What Became of the Toisa OSV Fleet?

Sep 16, 2019

Last month we discussed the Toisa OCV fleet, and this week we shall focus on the offshore supply vessels (OSV). Within the Toisa fleet, OSVs made up circa 73% of the overall fleet size and generated more than $40 million during a two-year sell off…

Remote Technologies Augment Capabilities

Sep 13, 2019

As connectivity at offshore oil and gas facilities improves, one of the major hurdles for augmented reality technology is evaporating.Connectivity has, for years, been the primary challenge for uptake of certain remote-enabling technologies for use in testing…

New Age Sells Stake in Marine XII

Sep 12, 2019

Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…

Supply-side Paradox in a Supermajor Exit

Sep 10, 2019

The reaction of the gut is unease to news reports ExxonMobil might be selling $4 billion in offshore assets to Norway’s Vår Energi (the former Eni Norge) and pulling out of the North Sea.More operator and supermajor consolidation away from an oil province sounds all bad…

Danos: Technology Will Reinvigorate Business

Sep 05, 2019

The leadership at Danos believes technology will transform the oil industry. To thrive in the midst of that change, Louisiana-based Danos is actively focused on how to use technology to help customers work more efficiently and cost-effectively…

LEKOIL Makes Progress Offshore Nigeria

Sep 05, 2019

Africa-focused oil and gas exploration, development and production company LEKOIL announced progress in one of its Nigerian projects months after a temporary setback in its asset acquisition spree in the West African country.The company said…

Fred. Olsen: A BOLT from the Blue

Sep 04, 2019

Fred. Olsen has been working on a wave energy design called BOLT. It’s based on a floating platform attached to the seabed via moorings that are in turn attached to a specialized winch line product, which wind in and out of winches (one to three…

A 'NOC' on Wind?

Sep 03, 2019

Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular…

Saipem: Moving from Concept to Reality

Sep 03, 2019

In June, the Hydrone R started a six-month trial in Saipem’s underwater “play park” near Trieste, northeast Italy. Later in the year, or early next year, its FlatFish design is also expected to enter the water, ahead of deep-water trials in 2021…

OPT: Powering Autonomy

Sep 02, 2019

In some cases, resident underwater vehicles may not have access to power, so alternative power sources may be needed.New Jersey, US, based Ocean Power Technologies (OPT) has been a leading company in this area, working with Italian oil company Eni…

Saab Seaeye: Doing It for Real

Sep 01, 2019

Sweden’s Saab Seaeye has been one of those driving the vehicle side of the subsea resident vehicle equation – for at least 10 years.The firm has some 50% of the world market of electric remote operated vehicles (ROV) and it has delivered more than 1…

New Find Opens Doors for Equatorial Guinea

Aug 30, 2019

The new discovery offshore Equatorial Guinea’s Block 1 by US-based exploration and production company Noble Energy puts the West African country on the road to reversing declining oil and gas output should the project be turned into a viable commercial venture…

Current News

Short-term Extension for Abo FPSO in Nigeria

Short-term Extension for Abo FPSO in Nigeria

Karoon Brings Another Production Well Online at Patola field, Offshore Brazil

Karoon Brings Another Production Well Online at Patola field, Offshore Brazil

Brazil: Atlanta Field Daily Output Reaches 22,000 bbl/d, Enauta Says

Brazil: Atlanta Field Daily Output Reaches 22,000 bbl/d, Enauta Says

New Service Operation Vessel Arrives at Seagreen Wind Farm Base in Scotland

New Service Operation Vessel Arrives at Seagreen Wind Farm Base in Scotland

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