Deepwater ///

Interior announces results of Gulf of Mexico region-wide oil, gas lease sale

In support of President Donald J. Trump's America-First Offshore Energy Strategy, Interior Assistant Secretary for Land and Minerals Management Joe Balash has announced that region-wide Gulf of Mexico Lease Sale 250 generated $124,763,581 in high bids for 148 tracts covering 815,403 acres in federal waters of the Gulf of Mexico.

MCEDD '18: Operator panel session features leaders from Total, BP, Eni

To facilitate future growth in global deepwater operations, it is critically important to embed lessons that have been achieved, in a turbulent past few years, and move forward with a stronger, leaner supply chain.

NOIA: Gulf of Mexico Lease Sale 250 results reflect slowly improving market conditions

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement following today’s Gulf of Mexico Lease Sale 250:

TechnipFMC selects RTI’S connectivity technology for semi-autonomous underwater ROVs

Real-Time Innovations (RTI), the Industrial Internet of Things (IoT) connectivity company, today announced that the Schilling Robotics business unit of TechnipFMC, a global leader in Oil & Gas projects, technologies, systems and services, has selected RTI Connext DDS as the connectivity framework for its underwater remotely operated vehicles (ROVs).

Abrado performs single spacer direct displacement for GOM operator

Abrado announced today that it has completed its first true single spacer direct displacement for a major shelf operator in the Gulf of Mexico using its VeriClean 200X chemical system.

BSEE increases safety inspection time offshore, saves American taxpayers $20 million

Beginning April 1, the Bureau of Safety and Environmental Enforcement (BSEE) is increasing physical inspection time offshore, while reducing taxpayer burden by nearly $20 million over 3.5 years, providing significant cost-savings to the American public.

Shell, Eni misled Nigeria on oil spills, Amnesty says

Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said.

DOF Subsea, Enpro Subsea partner on independent and integrated flow intervention services

Enpro Subsea and DOF Subsea HAVE announced a Memorandum of Understanding (MoU) which will leverage each company’s expertise and portfolio of assets to deliver enhanced production solutions throughout the life of field.

BSEE launches risk-based inspection program

The Bureau of Safety and Environmental Enforcement this week announced the implementation of a new Risk-Based Inspection Program that employs a systematic framework to identify facilities and operations that exhibit a high-risk profile.

Wood secures three contracts with Woodside in Senegal

Wood has been awarded three contracts to perform subsea and flow assurance studies for Woodside in Senegal, West Africa, supporting the proposed SNE Field Development in the Rufisque, Sangomar and Sangomar Deep Offshore blocks located offshore Senegal.

BSEE sponsored report on subsea bolting technology released

In an effort to address a recurring problem with faulty connectors in critical safety equipment, the Bureau of Safety and Environmental Enforcement (BSEE) commissioned a National Academy of Engineering study on the matter in September 2016

BSEE releases panel investigation report into subsea jumper leak

The Bureau of Safety and Environmental Enforcement (BSEE) has released the panel investigation report on the May 11, 2016 subsea jumper leak on a platform operated by Shell Offshore, Inc.

Hess announces $1-billion share repurchase program

Hess Corp. has announced that its board of drectors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late 2017.

API: New studies project offshore energy development to bolster U.S. economy

Opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst—promoting U.S. jobs, investments, and increased tax revenue—for states across the country, according to new economic studies.

Petrobras announces sale of Piranema and Piranema Sul fields

Petrobras has announced that it has started the opportunity disclosure stage regarding the transfer of Petrobras’ total stake in the Piranema and Piranema Sul fields.

Statoil granted drilling permit for well 34/8-19 S in production license 120

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 34/8-19 S, cf. Section 15 of the Resource Management Regulations.

Statoil invests NOK 5 billion for further development of Snøhvit field

Statoil and its partners have decided to invest just over NOK 5 billion in the further development of the Snøhvit field in the Barents Sea, which will provide feedstock for the LNG plant at Melkøya in Hammerfest. The development of Askeladd is part two of the multi-phased Snøhvit development.

Pneumatic fluids, cuttings separator increases fluid recovery, waste reduction

Today, strict global onshore and offshore disposal standards are applicable industry-wide. One of the requirements specifies that free fluid must be removed from all cuttings. This can result in increased costs for operators due to higher treatment, disposal and transportation costs.

Aging oil fields defy gravity to pump more crude

Bob Dudley, in his 38 years in the oil industry, has never seen anything like what happened with BP Plc’s old fields last year: They gushed more crude.

Statoil invests in offshore digital technology

An integrated operations support center and a drilling operations center will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than $2 billion from 2020 to 2025 before tax.