Neil Gordon, Subsea UK One of the fastest-growing sectors in recent years, the subsea industry is set to continue on its upward curve in 2013. Having demonstrated high growth through the recession, the subsea sector is enjoying a positive…
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
The $500M supply contract serves 4 new FPSOsGE's PGT25 gas turbineGE Oil & Gas has won a contract worth more than US$500 million to supply turbomachinery equipment and services to Petrobras, a world leader in deepwater oil production…
Petrobras touted a fourth oil discovery in the ultra-deepwaters of the Sergipe-Algoas basin, 85km off the coast of Aracaju, Brazil. Tests confirmed the presence of a 67m-thick, light oil column in the Calumbi formation of the Muriú well.
Cobalt has hit several hundred feet of net oil pay at its deepwater North Platte prospect in the Gulf of Mexico. Drilling was a long time coming for the company after operations were postponed following the 2010 moratorium. The well was drilled to 34,500ft TD in Garden Banks block 959.
Click to enlargeFigure 1. Permits in deepwater numbered 76 by end-2012, enabled by the MWCC system. Source: MWCC.In the wake of Macondo, something was needed to lower the risk of recurrence. BP had shown that, given enough time, a system to contain such a well-control incident could be built…
During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…
Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…
Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising…
With the acquisition of the Caesar and Express pipelay vessels, recent delivery of the Lewek Connector and anticipation mounting over the newbuild Lewek Constellation ice-class multi-lay vessel, Emas AMC is aiming for a share of the high-end offshore construction business…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
Eni has acquired a 25% stake and operatorship in an ultra-deepwater block off Pakistan. Block G in Pakistan’s Indus Basin comprises approximately 7500km2. Eni currently holds participating interest in adjacent Indus block C (60%) and block N (70%).