Deepwater ///
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.
The new facility will support the Saipem Constellation, the latest addition to the Saipem fleet, suitable for the installation of rigid and flexible pipes in ultra deep waters as well as for heavy lifts of up to 3,000 tons.
Focusing on offshore Guyana and Bakken shale opportunities is paying off for Hess, who foresee significant production expansion in the coming years.
Trendsetter Vulcan Offshore has contracted with independent oil and gas company Tamarind Resources to provide its next-generation wellhead fatigue mitigation systems for deployment offshore New Zealand.
Halliburton announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin, driving efficiency by applying pre-salt expertise and integrating multiple product offerings and technologies.
Shell has sold its non-operated interest in the Caesar-Tonga asset to Equinor for $965 million.
A man who stole deepwater trade secrets on behalf of China was convicted in federal court following the FBI's dismantling of his "prolific network".
Shell’s Appomattox project, located in the Gulf of Mexico about 80 miles south of New Orleans, is the first high temperature project to gain BSEE approval and begin production.
INPEX has reached an agreement with Anadarko to acquire a 40% participating interest in Keathley Canyon blocks 921 and 965, as well as Walker Ridge blocks 881 and 925 in the US Gulf of Mexico.
The first appraisal well results confirm 650 MMboe in place at the Agogo field, and indicate further upside in its northern sector that will be assessed with new appraisal wells.
Chevron awards OneSubsea 20-year subsea equipment and services master contract for the Gulf of Mexico, supporting all subsea development projects with standardized equipment, including technologies that can withstand up to 20,000 psi.
McDermott announced it has relocated its Subsea Center of Excellence to Bedfont Lakes office park near Feltham in London, following the recent award of the Greater Tortue Ahmeyim Natural Gas Project, located offshore Mauritania and Senegal.
In-line oil and gas pipeline inspection technology company Halfwave has been awarded four contract wins for subsea inspection in the first half of 2019, seeing its ROV mounted ARTEMIS tool utilized on major oilfield projects around the world.
BOEM will offer 77.8 million GOM acres, including all available unleased areas in federal waters.
BHP completes phase three of its deepwater drilling campaign offshore Trinidad, discovering gas in three new wells.