Deepwater
News
May 13, 2024
The new standard merges different design methods (Working Stress Design and Load and Resistance Factor Design or partial safety factor) into a unified approach. Through this consolidated method, components are made to withstand different kinds of stresses, and extensive tests will ensure they meet safety standards under specific conditions.
Article
April 2024
Unlocking the promise of America’s Great Lower Tertiary Play by adopting a safer, more profitable dry tree approach.
Article
April 2024
A new event detection and management service integrates proven MPD and wired drill pipe technologies for faster detection and resolution of downhole events and safer, more efficient deepwater drilling.
News
April 24, 2024
Rhino Resources holds operatorship of Block 2914A (PEL 85). This block in the Orange basin boasts significant potential. It is strategically located less than 20km from the nearest discovery and amidst multiple Namibian discoveries made over the last two years. The block’s proximity to other international operators further underscores its strategic relevance.
News
April 18, 2024
The FPSO Jaguar’s design is based on SBM Offshore’s Fast4Ward program that incorporates the company’s 7th new build, multi-purpose floater hull combined with several standardized topsides modules.
News
April 17, 2024
According to Petrobras, that number is likely to grow even more. With new production systems to be installed in the coming years, the field's capacity will be increased to around 2 MMbpd by 2030.
News
April 14, 2024
In a session entitled, "Electrification of Subsea Developments and Brownfield Infrastructure," at the 2024 Marine, Construction & Engineering/Deepwater Development Conference in Amsterdam, panelists from SLB, Saipem and FASTsubsea addressed what is one of the more intensive efforts in upstream oil and gas—electrification of deepwater assets.
News
April 11, 2024
The opening session of the MCEDD 2024 conference (Marine, Construction & Engineering/Deepwater Development) and its exhibition in Amsterdam got off to a fast start on Tuesday, April 9. MCEDD 2024 is hosted by Gulf Energy Information and its business lines, World Oil and Petroleum Economist. The conference’s overall theme this year is Deepwater Synergy: Next-Generation Solutions for a Sustainable Future.
News
April 09, 2024
The United States Maritime Administration issued a license for the Sea Port Oil Terminal, which will allow Enterprise to move forward with construction of the terminal. The SPOT terminal will be only the fourth in the U.S. to load supertankers, the ships that make long-haul voyages to clients in Asia more economical.
News
April 01, 2024
The divestment includes Beacon’s 18.7% interest in the Buckskin producing field, 17% interest in the Leon development, 16.15% interest in the Castile development, 0.5% interest in the Salamanca FPS/lateral infrastructure, and 32.83% interest in the Sicily discovery.
News
March 01, 2024
The new tube product represents the next generation of super-duplex seamless tubing developed specifically for the offshore oil and gas industry. It builds on the success of the SAF 2507 (UNS S32750), which has become the industry standard.
News
March 01, 2024
The ultimate convergence of visionaries, innovators, and leaders in the deepwater oil and gas industry is almost here. Happening on March 5, 2024, at the luxurious Omni Houston Hotel, the Deepwater Executive Summit (DES) 2024 stands as the only one of its kind, focusing squarely on the strategic insights of global operators in the deepwater sector.
News
February 26, 2024
Helix will provide the Q4000, a DP3 riser-based semi-submersible well intervention vessel, a 10k Intervention Riser System (IRS), remotely operated vehicles, project management, and engineering services to cover fully integrated well intervention services from production enhancement to plug and abandonment.
News
February 20, 2024
Sitting on an estimated 203 Tcfg, Nigeria is on a mission to monetize its natural gas resources and become a leading LNG exporter to global markets. Yet to accelerate exports, the country requires substantial investment in deepwater natural gas projects and infrastructure development.
News
January 16, 2024
The pipe’s lightweight properties allowed it to be transported by a small, multi-purpose vessel and installed by local contractors, greatly reducing carbon emissions and costs.
News
December 22, 2023
The so-called Extended Continental Shelf covers about 1 million square kilometers (386,100 square miles), predominantly in the Arctic and Bering Sea, an area of increasing strategic importance where Canada and Russia also have claims.
News
December 21, 2023
Valaris Ltd. has exercised its options and taken delivery of newbuild drillships VALARIS DS-13 and DS-14 for an aggregate purchase price of approximately $337 million.
News
December 20, 2023
Shell Offshore Inc., a subsidiary of Shell plc, has made a final investment decision (FID) for Sparta, a deepwater development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.
News
December 15, 2023
Odfjell Drilling Ltd. has announced an extension of the firm contract with Aker BP for the Deepsea Nordkapp.
News
December 15, 2023
SBM Offshore has secured a $210 million revolving credit facility to finance the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls, the company said on Dec. 15.
News
December 13, 2023
After completion of this campaign in April 2025, these wells collectively are expected to produce up to 22,000 boed at peak rates.
