U.S. Offshore ///
Up to $15 billion in increased spending will flow into the non-OPEC shale market in 2017, according to a new analysis from Rystad Energy. This incremental change comes after OPEC’s decision to cut production by 1.2 MMbpd.
Subsea Integration Alliance has announced the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award.
BP has sanctioned the Mad Dog Phase 2 project in the U.S., highlighting its long-term commitment to the country despite the current low oil price environment. Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross bopd from up to 14 production wells. Production is expected to begin in late 2021.
Jacobs Engineering Group has been awarded a contract from Shell Offshore for its Vito host project in the Gulf of Mexico.
Talos Energy has announced initial production from the Tornado exploration project in Phoenix field in the Gulf of Mexico. The field is located in Green Canyon Blocks 236, 237, 280 and 281 in approximately 2,700 ft of water.
U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Hopper have released the final plan to guide future energy development for the nation’s Outer Continental Shelf (OCS) for 2017-2022.
Systemic analysis shows a failure of systems to match up
Arctic Iñupiat Offshore (AIO) has announced that it is joining the Arctic Coalition, a collection of 21 Alaskan and nationwide organizations that support responsible energy development in and off the coast of Alaska.
Offshore Senior Policy Advisor Andy Radford today highlighted the importance of seismic surveys in the Gulf of Mexico and the potential significance of the Bureau of Ocean Energy Management’s (BOEM) recently released Draft Programmatic Environmental Impact Statement (PEIS).
The U.S. Bureau of Ocean Energy Management (BOEM) and Mexico’s Agency for Safety, Energy and Environment (ASEA) have signed a letter of intent to strengthen cooperation, coordination and information sharing on environmental matters related to offshore hydrocarbon activities in the Gulf of Mexico.
The Dresser-Rand business, part of Siemens Power and Gas Division, recently delivered power generation equipment for a combined cycle power plant (CCPP) for the Shell Appomattox deepwater oil and gas floating production platform.
The Greater Lafourche Port Commission (GLPC) is moving forward with its plans to develop the next generation of deepwater port facilities at Port Fourchon, thanks to a newly signed agreement with the Edward Wisner Donation, granting GLPC a Right of First Refusal on over 900 acres of property immediately south of the port.
Schlumberger announced today that PETRONAS, through its wholly-owned subsidiary, PETRONAS (E&P) OVERSEAS VENTURES SDN. BHD., has signed an agreement to license a significant part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multi-client seismic survey in the southern Gulf of Mexico.
SBM Offshore has announced that FPSO Turritella is formally on hire as of Sept. 2, 2016, after achieving Commencement of Commercial Production (CoCP).
The Turritella FPSO vessel, which is the host facility for the world’s deepest offshore oil and gas project, started producing from the Lower Tertiary.
Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100% of its interest in Gulf of Mexico Green Canyon blocks 114, 158, 202 and 248, referred to as the Brutus/Glider assets, to EnVen Energy Corp., through its affiliate EnVen Energy Ventures, LLC.
The Transocean Winner drilling rig that ran aground in bad weather on the Isle of Lewis nearly two weeks ago has been successfully refloated and stabilized, and is now under tow to safer waters.
A new forged completion landing string gives operators and drilling contractors the flexibility to use the same tubular string for both drilling and completion operations, without compromising performance or safety.
Sperry Drilling, a Halliburton business, has announced the release of the 9 1/2-in. Azimuthal Lithodensity (ALD) service, providing real-time density measurements and images in boreholes up to 17 1/2 in.
Sowing the seeds of the next expansion