Offshore ///

Enpro Subsea completes latest subsea enhanced production campaign in Ghana

Enpro Subsea has recently completed another two successful subsea hydraulic intervention campaigns for two operators in West Africa.

CGG to undertake UK North Sea’s largest OBN multi-client survey

Planned to start in early 2020, the survey has already received significant industry interest and is being prefunded in part by BP. First results are targeted for Q1 2021.

i-Tech 7 extends UWILD track record in North Sea

i-Tech 7, Subsea 7’s Life of Field business unit, has successfully completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.

Senegal to offer 10 offshore blocks in 2020 license round

Senegal’s MSGBC basin is home to several recent high-profile oil and gas discoveries, set in a variety of play types, both on and off the carbonate shelf.

Bourbon awarded new integrated logistics contract by Total in Namibia

Bourbon will provide Integrated Logistics services through its branch Bourbon Logistics Namibia local branch, with a well-established local partner, Logistics Support Services. Working with a solid local partner is a key aspect of Bourbon local content strategy.

Expro secures Ichthys LNG contract extension offshore Australia

The contract will see Expro continue to supply a high rate 175 MMscf/day well testing package, which will include enhanced electronic emergency shut down (ESD) systems.

Wärtsilä and PSA Marine collaborate to achieve clean energy shipping

Specific collaboration areas envisioned include the use of electric or hybrid technologies that further the use of low-emissions energy and propulsion systems, and the incorporation of next-generation smart vessel technologies.

New pre-salt production begins on P-68 FPSO for Shell, Total in Brazil

Deepwater production has come online from the Brazilian pre-salt Santos basin. Shell Brasil and its consortium partners announced the start of oil and natural gas production at the P-68 FPSO, located in BM-S-11-A Concession in Berbigão, Sururu and West Atapu.

ADNOC launches program to significantly expand onshore, offshore rig fleets by 2025

"The program is a pivotal enabler of our plans to substantially increase drilling for conventional oil and gas as well as considerably ramp up the number of unconventional wells," said Abdulmunim Saif Al Kindy, ADNOC's upstream executive director.

Canadian gas drillers pursue plan for floating LNG project

Rockies LNG Partners, a group of Canadian natural gas drillers seeking new markets for their production, is considering building an export project on barges floating off the coast of British Columbia.

Maersk Drilling awarded two-well contract for Mærsk Developer offshore Trinidad

The contract, which contains five additional one-well options, has an estimated duration of 171 days and is expected to commence in Q1 2020.

Tullow stock sinks on finding high sulfur content in Guyana crude

The stock sank as much as 23% on the news that crude from two wells in Guyana was found to be heavy, with a high sulfur content. That’s disappointing as the Guyanese discoveries earlier this year had countered concerns over troubled ventures elsewhere.

Offshore oil to peak in 2020, then join the shale slump, says analyst

A report by analysts at Sanford C. Bernstein & Co. sees projects in the Gulf of Mexico and off of South America significantly boosting output next year. After that, though, the odds drop for any further growth gains, the report found.

Sparrows Singapore achieves API Q2 certification to support drilling work in APAC

Sparrows Group’s Singapore operation has achieved the world’s most advanced quality assurance certification for drilling service providers - the American Petroleum Institute (API) Specification Q2.

Northern Drilling semisub receives industry’s first hybrid powerplant class notation

Northern Drilling's West Mira is an ultra-deepwater semisubmersible designed by Moss Maritime, operating a hybrid power plant using Lithium-ion batteries as spinning reserve in dynamic positioning (DP) operations and to supply power during peak load times.

Apache’s North Sea subsidiaries award Baker Hughes subsea frame agreement

Baker Hughes announced that Apache Corporation’s North Sea subsidiaries have awarded, through a multi-year frame agreement, a suite of subsea equipment and services including six trees, wellheads and an associated service package.

ExxonMobil taps SBM Offshore for third Guyana FPSO

The FPSO, to be named Prosperity, will utilize a design that largely replicates the design of the Liza Unity FPSO. As such, the design is based on SBM Offshore’s Fast4Ward program that incorporates the company’s new build, multi-purpose hull combined with several standardized topsides modules.

Petrobras faults high price, regulatory uncertainties for auction failure

Petrobras CEO Roberto Castello Branco said the reason most major oil companies didn’t show up for Brazil’s massive auction was because of the astronomic price tag and regulatory uncertainties.

Multinational coalition begins patrolling Persian Gulf oil routes

A U.S.-led coalition created to secure sea lines vital to oil shipping in the Middle East formally launched operations in the most concerted international response yet to months of tensions in the region.

Decommissioning will be the North Sea’s biggest business by 2030

“Over $26 billion is to be spent on UK decommissioning by 2030,” said Paul Main, a Wood Mackenzie Ltd. analyst focused on the upstream supply chain. By that time, companies will be spending more on removing redundant oil and gas facilities than developing new fields, he said.