Royal Dutch Shell plc (Shell) has announced a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
GE Oil & Gas is launching its next-generation SeaONYX blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment…
Brazil's state-owned oil and gas company Petrobras will sell its 20% stake in BP's Gila prospect in the US Gulf of Mexico, the company announced on 29 April 2013. Petrobras signed a Sale and Purchase Agreement (SPA) for its stake in exploratory blocks KC 49…
The first section of this article will review the active, and quite unique, North Atlantic hurricane season of 2012. The remainder of the article will detail the North Atlantic basin tropical forecast for 2013. The forecast will examine…
Saipem has contracted BMT Scientific Marine Services (BMT) a subsidiary of BMT Group Ltd, to provide riser monitoring systems for two Free Standing Risers (FSHRs) and four Steel Lazy Wave Risers (SLWRs) for the Sapinhoá Norte and Cernambi Sul pre-salt fields offshore Brazil…
Anadarko Petroleum encountered high-quality oil at its Phobos-1 deepwater Gulf of Mexico well, the company announced on 25 April 2013. Located in Sigsbee Escarpment in Block 39, the company found 250 net ft of oil in lower tertiary-aged reservoirs…
Sterling Energy has annnounced in its Interim Management Statement for the period beginning 1 January 2013 that it has started a farmout process for the Ampasindava and Ambilobe deepwater blocks offshore Madagascar. The Ampasindava and Ambilobe blocks are highly prospective blocks located…
Dow Corning presented its new XTI-1003 RTV Silicone Rubber Insulation at the 2013 Subsea Tieback Forum & Exhibition held last month in San Antonio, Texas. The technology is a solid, non-syntactic thermal insulation solution designed for HPHT deepwater equipment applications…
Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…
The Skarv FPSO is BP’s first Norwegian greenfield project since 2001. Elaine Maslin explains the details. Sitting just 50km from the Arctic Circle in 350-450m of harsh waters, the Skarv FPSO is a milestone for BP. It is the firm’s first…
Hyundai Heavy Industries (HHI) has announced it won a US$1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction…
Reliance Industries and BP plan to invest US$5 billion in deepwater gas development of the KG D6 block over the next three to five years. The plan proposed will develop about 4tcf of discovered natural gas reserves. The partners plan to optimize KG D6 through compression and water handling…
Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Subsea Asset Integrity…
Sweden's Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the UK company Ambler Technologies Ltd.The company, based in Lancashire, develops and produces composite…