Deepwater ///
Wood is delivering a multi-million-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.
Shell is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government.
Equinor ASA has dropped plans for oil drilling deep in the ocean off Australia’s south coast following a sustained campaign from environmentalists who said the project posed too big a risk to the marine ecosystem.
Mike Slaton, Contributing Editor
Short-term gains; long-term questions
Roy Shilling, Chuck White, Vamsee Achanta, Paul Hyatt, Howard Day, Frontier Deepwater Appraisal Solutions LLC
To solve complex issues related to developing deepwater reserves in the GOM, a common-sense approach utilizing appropriate technology enables operators to profitably capture critical dynamic reservoir data and increase ultimate recovery.
The agreement will help fast-track innovation and streamline the adoption of applied technologies in areas such as marine robotics, advanced sensing, artificial intelligence and autonomous systems to address the industry’s challenges to improve safety, cost-efficiency and sustainability.
BP has awarded Oceaneering a contract to provide comprehensive riserless light well intervention services offshore Angola in Blocks 18 and 31.
At Baker Hughes' 2020 Annual Meeting in Italy, we spoke with Chuck Chauviere, the company's Vice President of Subsea Drilling Systems, about how new technologies are driving predictivity into offshore drilling, and helping to build the baseline of reliability and certainty that operators demand.
Guyana vigorously defended its oil contract with ExxonMobil after the deal was criticized by human-rights group Global Witness just a month before the country holds a general election.
Adoption of electrically-operated subsea production architecture not only improves return on investment, but it helps operators get closer to their net-zero carbon goals as well.
Integrating people, processes, and technologies is a complex challenge in modern offshore drilling operations. From an operator’s standpoint, finding a baseline of reliability and certainty to minimize rig downtime is the primary goal.
The decline in investment post-2014 could be arrested if processes are standardized and regulators become more responsive to industry concerns.
Schlumberger announced an award to Subsea Integration Alliance of an exclusive contract by Equinor for the front-end engineering design (FEED) on its Bacalhau (formerly Carcará) project offshore Brazil.
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery northeast of the producing Liza field at the Uaru exploration well, the 16th discovery on the Stabroek Block.
The North Platte Development forms part of Total’s reentry, as an operator, into Gulf of Mexico operations with oil production expected to average 75,000 bpd at plateau level.
Jim Redden, Contributing Editor
Into the brink
Turkey will issue new exploration licenses in the eastern Mediterranean now that it’s set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union.
The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine today announced $7.25 million in grant awards for eight projects focused on strengthening safety culture in the offshore oil and gas industry.
The new contract was effective January 1, 2020, with a maximum value of $250 million over 5 years, subject to appropriation by Congress.
The well in Angola’s Block 48 will be drilled at a new world record water depth of 3,628 m. The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for Total offshore Uruguay in 2016.