John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…
Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico. As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…
Quest Offshore assesses the drilling, subsea, and marine construction dynamics affecting of one of the world’s pre-eminent deepwater basins amid the downturn. The Gulf of Mexico has long been a region of critical importance to the global deepwater industry…
Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea. Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…
Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017. Image from Tullow…
Petrobras has exercised an option to extend the fixed term of the lease contract for the floating production, storage and offloading (FPSO) vessel the BW Pioneer from Q1 2017 to Q1 2020. The FPSO BW Pioneer started work on the Cascade…
BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…
Aker Solutions is to carry out a study on a design for a floating production, storage and offloading (FPSO) vessel for Lundin's Alta and Gohta oil development in the Barents Sea, offshore Norway. The work is under a new three-year framework…
GE Oil & Gas has started production of four high-pressure, high-temperature (HP/HT) dynamic flexible risers destined for the world’s largest floating liquefied natural gas (FLNG) facility, Prelude, to be operated by Shell, located 250km off the coast of Western Australia…
Scot McNeill and Kenneth Bhalla, of Stress Engineering Services, show how measured data coupled with engineering analysis can increase asset utilization. To date, the oil and gas industry has struggled to employ structural monitoring data in meaningful way…
UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs. After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…
Production has finally started from Norway’s first Arctic oil field, at the Goliat floating production facility in the Barents Sea. The 180 MMbo field, the first producing oil field in the Barents Sea and the northernmost producing oilfield…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
Technip's joint venture with Sonangol, Technip Angola Engenharia Limitada, has been awarded a three year engineering services contract by Total E&P Angola. The contract covers services for the existing Girassol, Pazflor, Dalia and CLOV…
Douglas-Westwood (DW) forecasts deepwater expenditure to total US$137 billion from 2016-2020. This represents a 35% decline compared to DW’s previous edition of the deepwater forecast issued March 2015. The prolonged low oil price has impacted the deepwater market…
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