Deepwater ///

What’s new in production

Don Francis, Contributing Editor

The Great East Japan Earthquake and MH 21.

Technical advances solve a variety of offshore problems

As was the case last year, nearly all of this group of new technologies and next-generation improvements on existing products remains split between drilling and production applications.

OTC Spotlight on New Technology Awards: Offshore industry innovates despite muted activity

Offshore investments may still be slow to accelerate, but that hasn’t stopped companies from ramping up R&D efforts to create a safer, more efficient and more productive offshore industry.

Statoil, Total complete acquisition of interest in GOM's North Platte discovery

Statoil and Total have completed their acquisition of Cobalt International Energy’s 60% operated interest in the North Platte discovery in the U.S. Gulf of Mexico (GOM) for an aggregate purchase price of $339 million.

MCEDD gets underway with Eni keynote, operator panel session

The premier deepwater conference kicked off with a speech by EniProgetti CEO Luciano Vasques that outlined the challenges facing operators and service companies in the deepwater offshore market.

ExxonMobil sparks IMF concern with weighty returns in Guyana

ExxonMobil got such a favorable deal from Guyana, the country should rewrite its tax laws, the IMF said.

Eni, Qatar said to hold talks for deal on giant Mexico field

Eni SpA is in talks to sell a stake in its giant oil discovery in Mexico to Qatar Petroleum International, according to people with knowledge of the plans.

BSEE inspects Shell's new Appomattox platform in the Gulf of Mexico

As Shell finishes construction on its Appomattox Semi-Submersible Platform hull, Bureau of Safety and Environmental Enforcement engineers and inspectors signed off on several topsides components during a pre-production inspection March 27, 2018.

TGS announces new multi-beam and seep study project offshore Brazil

TGS announces the Brazil Southern basins SeaSeep Project in the Campos and Santos Basins, offshore Brazil. The project will cover existing TGS surveys in these hydrocarbon rich basins as well as the highly prospective pre-salt trend where many untested structures exist.

Wintershall becomes Brazil's fourth-largest gas producer with new license awards

Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer

Statoil awards new drilling contracts worth NOK 12 billion

Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms.

Top Vietnam oil company says sea tensions hurt investment

Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.

BSEE implements new quality assurance process

In an ongoing effort to increase responsible and efficient offshore energy operations, the Bureau of Safety and Environmental Enforcement (BSEE) has implemented a new quality assurance process for reviewing and assessing its permitting systems.

BOEM announces date for Gulf of Mexico Lease Sale 251

Lease Sale 251, scheduled to be livestreamed from New Orleans, will be the third offshore sale under the National Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022.

ExxonMobil wins eight deepwater blocks in Brazil's latest bid round

ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.

Shell expands Brazil-operated footprint with new deepwater blocks

Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (Shell), today won four additional deep-water exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks.

SAAB signs contract for fleet of Sabertooths

The first in a planned fleet of Saab Seaeye Sabertooth underwater electric robotic vehicles has been ordered by a leading company in the sector.

BHGE CEO presents letter to shareholders

Baker Hughes, a GE company, released its first annual report today in its current corporate structure. What follows is the “Letter to Shareholders” from BHGE Chairman and CEO Lorenzo Simonelli.

Deepwater oil starting to hold its own with shale, Chevron says

Chevron Corp. is studding the ocean floor with heavy-duty pumping gear as part of an effort to make deepwater oil discoveries competitive with shale.

TechnipFMC, Magma Global enter collaboration agreement for hybrid flexible pipe

TechnipFMC has agreed to terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.