Deepwater ///
Talos plans to use Trendsetter’s TC7 clamp connectors and ancillary equipment on the Bulleit development located in the Gulf of Mexico’s Green Canyon 21 block.
In a first for the sector, industry bodies Subsea UK and the Umbilical Manufacturers Federation have joined forces to deliver a conference focusing on the new developments and opportunities which exist in the subsea umbilicals industry.
An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
Becoming the majority owner of one of the world’s biggest oil-rig makers would be seemingly at odds with Temasek’s preference to steer away from fossil fuels; the firm decided against investing in Aramco’s IPO in part over environmental concerns.
The contract is expected to commence in the end of 2019, with an estimated duration of 154 days.
The project financing was secured by a consortium of nine international banks. The company expects to draw the loan in full, phased over the construction period of the FPSO.
Subsea UK, the International Association of Drilling Contractors Brazil chapter and Subsea World Brazil magazine have worked in partnership to develop the Subsea & Drilling Brazil conference. The first of its kind event focusing solely on the subsea and drilling industries in Brazil is set to take place from 28 – 29 November in Rio de Janeiro.
The contracted offshore SCR and umbilical pull-in operations will be performed at Mississippi Canyon, on an existing production facility located south of New Orleans, LA in approximately 1,900m of water.
An Exxon Mobil oil and gas project off the coast of Vietnam is becoming a test of Beijing’s growing power in the South China Sea.
Production Technology and Services announced the Bureau of Safety and Environmental Enforcement deems the PTS-supplied temporary processing equipment suitable for use as a part of HWCG’s single vessel solution, according to the company.
Sonadrill, Seadrill Limited’s 50:50 joint venture with an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship.
Accelerated field development is achieved by combining Aker Solutions’ modular, optimized and configurable subsea equipment with automated design, which can reduce engineering hours by up to 70 percent.
BP has closed one chapter in its U.S. business, exiting Alaska decades after transforming the state into an oil powerhouse. Now it’s time for a new phase in the company’s American story.
TechnipFMC announced its board of directors has unanimously approved its plan to separate into two independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider; and SpinCo, an engineering and construction business.
The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction, in which Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell for $965 million in cash.
The shear-and-seal subsea safety valves will be delivered by early 2020 for integration into Trendsetter’s MkII 15K Light Riser Intervention System. The system is scheduled for its first deployment for a major international oil and gas operator, around March 2020, as part of a subsea well intervention project in Latin America.
Jim Redden, Contributing Editor
Catching up with the times
Talos Energy reported successful drilling operations in its Bulleit and Orlov prospects in the Green Canyon deepwater Gulf of Mexico block as part of its second quarter 2019 earnings results.
Speedcast announced that the company has been awarded a new multi-year communications and IT solutions contract on the West Bollsta semi-submersible rig, a newbuild operated by Seadrill off the coast of Norway.
Deep Down, an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced today that it has received an order for umbilical support services directly from Shell Trinidad and Tobago.