Deepwater ///

Shell awards Water Standard contract for Appomattox development

Water Standard has secured a contract with Shell Offshore for the design, fabrication, testing, and shipment of an Ultrapure Water Generation Package (UWGP) to be integrated on Appomattox, Shell's floating production system which will be located in the deepwater Gulf of Mexico.

Technip bags subsea contract in Gulf of Mexico

Technip has been awarded a lump sum contract by Deep Gulf Energy III, LLC (DGE) for the development of the South Santa Cruz and Barataria fields. These ultra-deepwater fields are located in Mississippi Canyon, offshore New Orleans, in the Gulf of Mexico, in approximately 2,000 m of water depth.

Qatar buys stake in deepwater Chevron leases offshore Morocco

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corp., to acquire a 30% participating interest from Chevron’s 75% share in three deepwater leases offshore Morocco.

Total starts production at Laggan-Tormore in the West of Shetland

Total has started production from the Laggan and Tormore gas and condensate fields, located in 600 m of water in the West of Shetland area. The fields will produce 90,000 boed.

Halliburton launches electrohydraulic subsea safety system

Halliburton has announced the release of the Dash 3-in. Subsea Safety System, a complete solution for electrohydraulic control of Halliburton's subsea safety tree.

ABB technology to help vessels operate safely 5 km below sea level

ZURICH, Switzerland – ABB is to provide the technology that will help three vessels safely carry out construction and maintenance tasks up to 5 km under water.

Statoil to explore offshore Uruguay with deepwater acquisition

Statoil has agreed to acquire a 15% working interest in exploration Block 14, offshore Uruguay. The acquisition represents Statoil’s first entry into the South American nation.

Producing fields can sustain Petrobras for 2-3 years of low prices, board member says

Oil and gas fields already paid for and in production can sustain Brazilian state-run company Petroleo Brasileiro SA for two to three years of low prices, a board member for the firm told reporters on Friday.

Ensco, Wärtsilä sign maintenance agreement

Wärtsilä has signed a seven-year maintenance agreement with Ensco.

Kosmos Energy in significant gas find offshore Senegal

Kosmos Energy’s Guembeul-1 exploration well, in the northern part of the St. Louis Offshore Profond license area in Senegal, has made a significant gas discovery.

Seatronics achieves calibration facility reaccreditation

Seatronics, an Acteon company, is the first to sign up to enhanced accreditation as a supplier of third party calibrations to the ROV and survey communities, globally.

ENI terminates Ocean Rig drillship contract on oil slump

Ocean Rig, a provider of offshore deepwater drilling services, has seen the contract for one of its drillships terminated.

Development of gas-tight connection for deepwater drilling and completion operations

Wendell Bassarath, Marta Lafuente, Romain Branly, Vallourec

The petroleum industry’s growing need for gas-tight connections is being driven by complex wells requiring high-pressure completions and fracturing jobs, or managed pressure/underbalanced drilling operations.

Offshore in depth

Ron Bitto, Contributing Editor

Low crude prices force adjustments to deepwater plans

Anadarko reports first oil from Heidelberg development in Gulf of Mexico

Anadarko has reported first oil from its Heidelberg development in the Gulf of Mexico.

Toll of oil price slump mounts as 68 major projects delayed

Wood Mackenzie has updated its analysis published in July 2015 on the impact of continued low oil prices on upstream oil and gas projects. It concludes that in the last six months of 2015 an additional 22 major projects and 7 Bboe of commercial reserves have been deferred, on top of the 46 developments and 20 Bboe of reserves identified previously.

Cairn reports success with appraisal well offshore Senegal

Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal with positive results, the company said Monday.

Olinda Star semi‐submersible contracted for 2016 Santos basin appraisal

Karoon Gas Australia Ltd is pleased to announce that it has executed final agreements with members of the QGOG Constellation S.A. Group to contract the Olinda Star semi‐submersible drilling rig.

Transocean announces Shell's early termination of Polar Pioneer contract

Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017.

Petrobras’ troubles highlight bleak prospects for Brazilian oil production to 2020

Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term, according to GlobalData.