April 13, 2023
With a gross production capacity of up to 140,000 bopd, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.
Report: Offshore oil and gas risk management improved, but still lacking since Deepwater Horizon disaster
April 05, 2023
Many key reforms recommended in the wake of the 2010 blowout and spill have been adopted, collectively representing real improvement, the report says. These include the creation of the U.S. Department of the Interior’s Bureau of Safety and Environmental Enforcement (BSEE) with a singular focus on safety, and mandated safety and environmental management systems (SEMS).
April 03, 2023
Saipem has been awarded three new offshore contracts and two competitive FEED contracts totaling approximately $650 million.
A cross-sector collaboration between suppliers and project partners to design rigs at the concept stage for tie-back will be beneficial. This approach enables the industry to move from sequential development stages toward simultaneous drilling and platform construction to accelerate timelines.
March 17, 2023
Yatzil-1 EXP is the second commitment well of Block 7 and the eight successful one drilled by Eni in the Sureste Basin. It is located approximately 65 km off the coast, and 25-30 km away from other oil discoveries.
February 28, 2023
The project comprises 36 new wells (21 producers and 15 Injectors), one converted FPSO with capacity for 120,000 bpd of oil production, 230 MMscf per day of Gas Injection and 120,000 bpd of water injection. It will also entail approximately 100 km of rigid flowlines, 100 km of flexible flowlines and 100 km of umbilicals.
Paradigm Flow Services completes first deepwater in-riser installation using artificial lift technology
February 23, 2023
This first of its kind artificial lift solution will benefit operators of deepwater FPSOs and semisubmersible production platforms who are looking for ways to increase oil recovery from existing assets that do not have the direct vertical access normally required for installation of velocity strings or gas injection tubing inside production risers.
February 16, 2023
With an estimated peak production of 100,000 boed, Vito is the company’s first deepwater platform in the GoM to employ a simplified, cost-efficient host design.
January 31, 2023
Transocean’s Dhirubhai Deepwater KG2, an ultra-deepwater drillship, has won a contract with a national oil company for work offshore Brazil.
January 04, 2023
Expected combined gross production rates are in-line with pre-drill estimates of approximately 15-20 Mboed. The two wells will produce through a shared riser system at the Ram Powell facility.
December 21, 2022
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the area’s promising outlook and development.
November 28, 2022
Subsea services provider DeepOcean said Monday it had secured substantial contracts with oil and gas companies Equinor, ConocoPhillips, and BP worth a total of NOK 2 billion ($201.8 million).
November 16, 2022
Neptune Energy and its partners said Wednesday that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea. The operations are still at an early stage, and Neptune has not determined if commercial volumes are present.
November 08, 2022
Senior executives from the most active majors and independents in the Gulf of Mexico will convene to discuss regional operations and outlook at next week's Deepwater Executive Summit in Houston.
September 27, 2022
Long recognized as a pillar of U.S. energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition. Restricting supplies of fossil fuels may seem like an answer. But society needs affordable energy sources until the net-zero goal is met.
September 15, 2022
Federal investigators raided a deep-water oil explorer’s Louisiana office last week as part of a probe into an offshore spill, a rare escalation for a U.S. environmental case.
August 25, 2022
Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deepwater oil production in Africa’s largest crude producer.
August 23, 2022
A recent ultra-deepwater giant drillships build resulted in two drillships that have the first-ever 20,000 psi well control system equipped with two 20,000 psi blowout preventers.
August 12, 2022
Exxon Mobil Corp. renewed two deepwater leases in Nigeria for 20 years, among the first permits granted under the country’s new oil and gas law.
July 14, 2022
Well construction expert DeltaTek Global announced its QuikCure® technology has received a U.S patent, confirming the unique attributes and technical make-up of the company’s rapid cement hydration offering.
July 11, 2022
Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its flagship Buzios deepwater project.