Offshore

Oil and gas investments could be driven out of UK waters if Chancellor Jeremy Hunt carries out threats to raise the windfall tax to 35%, Offshore Energies UK (OEUK) has warned.

Prime Mapping is a tubular field service carried out before running-in-hole that provides actual casing and tubing data enhancing drilling and completion operations. Prime Mapping can be run on the rig floor or at the yard by Vallourec trained technicians at any time, for tubulars from any supplier. The data is obtained using a portable device called In-Pipe Rover which uses laser and/or ultrasound technology. Prime Mapping provides full-length internal diameter (ID), wall thickness (WT), and outside diameter (OD) map with thousands of data points per pipe, providing calculated ovality, eccentricity, out-of-roundness, bore and metal volume. This actual geometric data is essential for packer setting and cement displacement, and mitigates casing wear while drilling, as it allows operators to optimize their casing and tubing strings before running, thus obtaining higher downhole performance. By performing the service in any field, Prime Mapping saves time, costs, and CO2 emissions for operators who no longer need to send pipes back to UT benches.

Join our expert, Mahmoud ElGizawy, to learn how automated survey management solutions can allow operating companies and service providers to access the most advanced directional survey correction algorithms to optimize drilling applications in real-time by providing accurate wellbore positioning data. This allows timely correction to the wellbore trajectory without requiring additional tools or onsite personnel. The automated survey solutions maximize reservoir production by accurately placing the well in the planned spot while avoiding collision with other wells in close proximity.

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.

A panel of federal government speakers did its best to sort out the regulatory situation in the U.S. Gulf of Mexico during last week's Annual General Meeting of the International Association of Drilling Contractors, including the impact of legislation that will affect offshore activity in federal waters.

The well encountered 30 m (98 ft) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 km northwest off the coast of Luanda and was drilled in 1,100 m (3,608 ft) of water by the Valaris DS-9 rig.

Neptune Energy announced Friday that drilling has commenced on the Calypso exploration well in the Norwegian Sea, with a target depth of approximately 2,960 meters (9,711 feet).

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced five successful bids of $238 million for offshore parcels in the Eastern Newfoundland Region by Canadian units of BP, ExxonMobil and Equinor. No bids were received for the South Eastern Newfoundland Region

(WO) — Mainstream Renewable Power and Ocean Winds have signed the seabed lease agreement with Crown Estate Scotland to the value of GBP 36 million for the development of a 1.8 GW floating offshore wind farm off the Shetland Islands in Scotland.

Qatar is in talks with TotalEnergies SE and Eni SpA for a 30% stake in an exploration block in waters off Lebanon, QatarEnergy CEO Saad Al Kaabi said Sunday.

An ABS-led consortium has spent the last year identifying operational and safety challenges with aging FPSOs. For the future, these challenges require changes in the design phase to mitigate some issues and costs for retrofitting and further changes.

The North Sea Transition Authority (NSTA) is warning industry that it will not hesitate to take action against companies that fail to meet their license obligations. 

Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.

When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesses have seen a much higher success rate.

Ocean services provider DeepOcean strengthens its offering to the offshore renewables and oil and gas industries by entering a two-year time charter agreement for the Stril Server multi-purpose support vessel.

Offshore Energies UK’s 2022 Emissions Report confirms the oil and gas sector is exceeding progress against its emission target with greenhouse gas emissions from the production, transport and processing of North Sea hydrocarbons down by more than 20% since 2018.

Stretching 50,000 feet, the well is part of ADNOC Offshore’s extended reach drilling project that could increase Upper Zakum’s production capacity by 15,000 bpd.

Equinor has become the first oil and gas operator to utilize a rolling ultrasound scanner to reveal the internal state of concrete structures that are part of offshore platforms.

Thursday, ahead of the comment deadline for the Department of the Interior’s proposed 5-year program for offshore leasing, hundreds of thousands of stakeholders, community leaders, grassroots advocates and individual citizens called on Interior to open offshore acreage to safe and environmentally responsible American energy development.

Abu Dhabi National Oil Company announced the award of a contract worth $980 million (AED3.6 billion) to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment.

ABL Group has been appointed as marine warranty surveyor to review and approve critical marine and offshore operations on the Belbazem Project, offshore UAE.