Deepwater ///

FPSO lifecycle modeling adds benefits to development offshore West Africa

Leonardo Carpio, Sergio Juan, José María Nougués, Inprocess; Kari Berte Bye, Yinson Production

In a recent FPSO development project offshore West Africa, a lifecycle modeling approach project, ending in a direct-connect Operator Training System with Aspen HYSYS Dynamics, was used for process design and control narrative validation, procedure verification, ICSS check-out, control room operator training and support for FPSO start-up operations.

As oil prices rise, global majors eye Mexico's deep waters

As the price of oil rises, an international rush is on for Mexico’s untapped deepwater riches.

Joint-industry collaboration to boost drone, digital twin technologies in offshore sector

Sembcorp Marine, DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) today signed a memorandum of understanding (MOU) to develop disruptive applications in additive manufacturing, drone and digital twin technologies that could revolutionize solutions for Singapore’s offshore and marine (O&M) sector and boost its global competitiveness.

Statoil unveils Norway’s first platform to be remote-operated from land

The opening of the Valemon control room was celebrated today at Sandsli in Bergen. Valemon will be the first platform in Statoil’s portfolio to be remote-controlled from land.

Abrado expands into Africa with opening of new partner operations base

Abrado Wellbore Services, a multi-string section milling and wellbore clean-out specialist company, has secured its first projects in the West Africa region.

Lundin Petroleum granted drilling permit for North Sea appraisal well

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-2 A S, cf. Section 8 of the Resource Management Regulations.

Engie E&P increases resource estimate on Cara discovery

Engie E&P, the operator of the Cara-license (PL 636) in the Norwegian sector of the North Sea, is increasing the resource estimate. Engie E&P now estimates that the Cara discovery contains 56 to 94 MMboe.

Oil & Gas UK welcomes multi-billion-dollar North Sea deals

Commenting on two major North Sea deals completed within the past 24 hours, Deirdre Michie, chief executive at the industry trade association Oil & Gas UK, said the deals are "hugely significant."

ADIPEC 2017 expected to see increased business for offshore & marine services

The Offshore and Marine industry is expected to see increased business at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), with analysts predicting modest increases in spending for maintenance and production in the oil sector, and significant investment expected for new offshore natural gas projects in the Eastern Mediterranean.

AISUS launches new tool for enhanced offshore inspection

Aberdeen-based AISUS has invested a six-figure sum in upgrading and developing cutting edge inspection technology as it looks to further broaden its range of services and increase its geographical reach to provide its customers with the most efficient, cost-effective technological solutions.

Hydrawell offers rigless P&A

Plug & abandonment specialists HydraWell targets the oil and gas market with another cost-saving solution: plugging offshore wells without the support of a drilling rig.

Shell expands pre-salt growth in deepwater Brazil with winning bids

Royal Dutch Shell plc (Shell) and its partners won today three, 35-year production sharing contracts for pre-salt blocks located in the Santos basin, offshore Brazil.

Statoil, Exxon strengthen position in Brazil's Carcará oil discovery

Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of ExxonMobil Corporation, and PETROGAL BRASIL, SA, a subsidiary of Galp, were the high bidders for a production sharing contract for the Carcará North Block in Brazil’s second pre-salt offshore licensing round held on Oct. 27.

GE venture partners with Kraken Robotics to advance subsea robotic inspection

Avitas Systems, a GE Venture, announced a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence-based navigation software into unique subsea inspection solutions for the oil and gas, offshore renewable energy, and shipping industries.

International oil majors flock to deep waters of Brazil

Leaner and fitter after three years of low prices, oil majors are descending on Rio de Janeiro to join a deep-water bonanza that has already helped state-controlled Petrobras emerge from financial heartache.

LAGCOE 2017: New Technology Showcase winners feature innovative oilfield equipment

New Technology Showcase winners from the 2017 Louisiana Gulf Coast Oil Exposition (LAGCOE) in Lafayette, La., presented their award-winning tools and equipment during a technical session at the conference on Oct. 25.

Expro announces electromagnetic transmission of reservoir data across open-hole section without casing

International oilfield services company, Expro, has successfully accomplished the world’s first proven wireless transmission of reservoir pressure data to surface, from a recently abandoned subsea appraisal well which incorporated a rock-to-rock cement plug, the company announced during LAGCOE 2017.

New attitude in D.C. points toward increased E&P access on U.S. OCS, Luthi says

Winds of change are afoot in the U.S. government’s energy-regulating bodies, and consequently, new access to the U.S. outer continental shelf (OCS) is on the horizon for oil and gas companies.

LAGCOE 2017: Lloyd’s Register addresses Shell’s new requirement for offshore containers

One of the biggest topics at a recent industry event held by Lloyd’s Register was Shell’s new requirement for offshore containers. The audience at the event in Lafayette had plenty of questions regarding Shell’s decision to follow global trends and require independent certification of offshore container units.

LAGCOE 2017: Deepwater Gulf of Mexico E&P can be sustainable at less than $40/bbl, BP says

The U.S. Gulf of Mexico’s E&P industry has been through tremendous hardship since crude dropped in late 2014, and it’s imperative that companies change business models to sustain future deepwater U.S. oil production growth, according to Ryan Malone, BP’s projects general manager for the Gulf of Mexico.