Offshore ///

WFS, AeonX team up to deliver asset integrity, flow assurance in Nigeria

AeonX Limited (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of state-of-the-art Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.

Gulf of Mexico operators move proactively to keep oil flowing during pandemic

In response to the coronavirus outbreak, offshore operators have stepped up screening and cleaning, lengthened job assignments and subjected workers to isolation periods. Some officials have even gamed out hypothetical scenarios that include shutting down operations if the pandemic spreads.

TDI-Brooks completes MSGBC basin field data acquisition program offshore West Africa

TDI-Brooks International, under contract to TGS, has completed its offshore “seep-hunting” surface geochemical analysis and geotechnical campaign of the MSGBC Basin, from Northern Senegal through The Gambia and AGC zone, into Guinea-Bissau down to the Guinea transform fault.

Oil’s crash starts claiming victims across the industry

The unprecedented collapse in global oil markets is wreaking havoc in all corners of the North American crude industry, pushing shale drillers, deepwater-equipment haulers and oil-sand miners to desperate measures.

Trelleborg to supply cable protection for world’s largest offshore wind farm

Trelleborg’s applied technologies operation has been awarded a contract by leading renewable energy provider, Ørsted, to provide four integrated cable protection systems for Hornsea Two, the world’s largest offshore windfarm.

Equinor sees Johan Sverdrup production ramp faster than expected

Equinor’s Johan Sverdrup field in the North Sea expects to reach plateau production for the first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 boepd to around 470,000 boepd.

Aker Solutions secures Brunei brownfield services contract

Scope of work covers maintenance and upgrades to maintain production levels for more than 200 offshore assets.

Oceaneering secures maintenance build and inspection contract with GOLAR for FLNG

Oceaneering has been awarded a contract by Golar LNG for a FLNG vessel maintenance build, and inspection and maintenance program.

Fugro, SEA-KIT join to advance uncrewed surface vessels

Fugro and SEA-KIT International will accelerate the development and use of uncrewed vessels, remotely operated from Fugro’s ROCs, to improve safety, efficiency, and reduce the environmental impact on marine activities.

Tullow cancels Maersk Venturer contract offshore Ghana

Maersk Drilling has been notified by Tullow Ghana of early termination of its contract for the Maersk Venturer deepwater drillship.

Talos reduces costs, expects positive free cash flow in 2020

Talos Energy announced updated full year 2020 financial guidance, inclusive of $170.0 million of reductions in capital, operating and G&A expenses.

Aker lands 20-year umbilicals master order with Chevron

Aker Solutions has entered a master agreement to provide umbilicals for Chevron-operated oil and gas fields in the US Gulf of Mexico.

Wärtsilä creates testbed for smart marine solutions

The test laboratory project is the first of its kind in the world, and its unique approach will identify and open the prospects and possibilities for remote vessel pilotage.

Storing crude at sea becomes a profitable option for traders

The latest collapse in oil prices has put in play a lucrative trade to store crude at sea, reviving memories of the 2008-09 recession when millions of barrels were kept on the world’s oceans.

Tendeka lands four-year zonal isolation contract in Malaysia

Tendeka has secured a four-year contract to supply its zonal isolation technologies across a leading operator’s Malaysian assets.

Weatherford completes novel cased-hole sidetrack in ultra-deep Gulf of Mexico waters

Weatherford announced a success in an ultra-deepwater Gulf of Mexico operation that saved a major international oil company 14 rig days valued at approximately $14 million.

Tracerco secures first baseline subsea inspection project for Gulf of Mexico pipelay development

Tracerco has been awarded a deep-water subsea inspection project to assess the integrity of a new pipelay in the Gulf of Mexico.

Hess cuts CAPEX and exploration budget by $800 million, focuses on Guyana

The reductions to the company’s 2020 capital budget will be primarily achieved by shifting from a six-rig program to one rig in the Bakken, which is expected to be completed by the end of May. Most discretionary exploration and offshore drilling activities, excluding Guyana, will also be deferred.

BP can cut spending by 20% this year, CFO says

BP can slash its spending by 20% this year as the oil market goes into freefall, with some U.S. operations likely to get less investment.

CNOOC tallies “large-sized” discovery in Bohai Bay

CNOOC Limited announced a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in the Laibei lower uplift.