Offshore ///

Kreuz Challenger vessel mobilized for long-term Brunei Shell contract

Kreuz Subsea has mobilized a new-build dive support vessel as part of its seven-year contract with Brunei Shell.

Eco gives update on 3D seismic processing in Guyana

Eco Atlantic released an update on the processing and interpretation of recently acquired 2,550 sq km of 3D seismic on the company’s Orinduik Block, offshore Guyana.

Eni approves development plan for Merakes discovery, offshore Indonesia

Eni announced the approval of a development plan for the Merakes field, offshore East Kalimantan, Indonesia.

Next generation drones aim to reduce offshore inspection costs

Air Control Entech and the Oil & Gas Technology Centre have launched new unmanned aerial vehicles that aim to reduce offshore oil and gas inspection costs by up to 50%.

Petrobras will drive 76% of Brazil’s crude production to 2021

Petrobras liquids production is expected to grow to 2.7 MMbpd by 2021 with Roncador field representing 8.3% of all production in 2021.

Proserv secures multi-million-dollar Repsol contract

Proserv has secured a contract worth $5.5million with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea.

ConocoPhillips announces results of 2018 winter exploration program in Alaska

ConocoPhillips announced it has concluded its 2018 winter exploration and appraisal program in Alaska.

BP, Petrobras alliance to explore joint projects in Brazil and beyond

BP has announced that it has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).

NOIA elects 18 industry leaders to its board of directors

The National Ocean Industries Association (NOIA) elected 18 industry leaders to its board of directors on April 12, 2018, during its Annual Meeting in Washington, D.C.

New Zealand draws "line in the sand" with exploration ban

New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change.

Fieldwood Energy closes acquisition of Noble Energy’s deepwater assets

Fieldwood Energy LLC has announced the closing of its acquisition of all of Noble Energy, Inc.’s deepwater oil and gas assets located in the Gulf of Mexico with an effective date of Jan. 1, 2018.

Maersk Drilling, Maersk Supply Service establish JV decommissioning company

A 50-50 joint venture (JV) between Maersk Drilling and Maersk Supply Service will leverage the companies’ heritage of over 50 years of operations to provide decommissioning services to oil and gas operators.

Industry reluctance to adopt new subsea technology tied to risk, says BP/SUT expert

In an MCEDD presentation on Wednesday, a recognized subsea expert said that the reluctance of operators to adopt new technology in the sector is tied to risk.

MCEDD explores water depth maximum, other technical questions; hands awards to best presenters

MCEDD, the premier deepwater conference, continued on Tuesday afternoon and into today in Milan, Italy, with a timely mid-day keynote examination of the future of ultra-deep offshore activity, accompanied by a full slate of technical presentations on a variety of technical subjects.

Investing in predictive analytics derives true value

Philippe Herve, Spark Cognition

As the oil and gas (O&G) industry emerges from the recent downtown, executives are looking for innovative ways to promote growth.

Digitization and data analytics will impact upstream operations favorably

Jay Stieneker, North Highland

On June 13, 2014, the cost of a barrel of West Texas Intermediate stood at $107.49. That year, budgeted, worldwide capital expenditures in the oil and gas industry would approach a record $520 billion. The future looked bright.

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.

Subsea 7 awarded sizeable EPCI contract from BP

Subsea 7 S.A. has announced the award of a sizeable contract by BP, for the provision of EPCI flowline supply and subsea installation services for the Alligin subsea development project, located approximately 140 km west of the Shetland Islands.