Offshore Deepwater News - page 58


TechnipFMC: Major projects on the horizon, deepwater looms large

Oct 26, 2017

A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt.  The firm won US$2.5 billion in…

IHS Markit: Downturn reduces deepwater M&A opportunity

Oct 24, 2017

Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging exploration…

Expro launches 30,000psi perf gun system

Oct 24, 2017

Oilfield services firm Expro has launched a new extreme high-pressure tubing conveyed perforating (TCP) gun system, delivering the largest perforation hole area available for frac and gravel pack completions. Designed specifically for challenging deepwater environments in the Gulf of Mexico…

Total acquires ultra-deep Namibia, South Africa stakes

Oct 23, 2017

French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa.  Total has acquired 70% of Impact’s interests in Block 2913B…

Petrobras picks MODEC for Sepia FPSO

Oct 20, 2017

MODEC has signed a contract for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel with Brazil's Petrobras on 13 October 2017. The firm charter period of the contract is 21 years. The FPSO will be deployed at the Sépia field operated by Petrobras…

Woodside strikes out offshore Myanmar

Oct 19, 2017

Australian explorer Woodside's latest exploration wells offshore Myanmar were non-commercial or dry, the firm has revealed. Thalin discovery Source: Woodside The firm's Pyi Tharyar-1 well…

Transocean's Invictus wins BHP work

Oct 17, 2017

Transocean's ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately US$106 million…

FairfieldNodal starts Libra survey

Oct 17, 2017

FairfieldNodal has begun a project to acquire and process high-resolution 3D marine seismic for the Libra consortium led by Petrobras, Total, Shell, China National Petroleum Corp., and CNOOC. The Libra project, FairfieldNodal’s first such project offshore Brazil…

African Petroleum seeks Senegal extension

Oct 17, 2017

Independent oil firm African Petroleum has applied to enter a second renewal period at the Senegal Offshore Sud Profond (SOSP) production sharing contract (PSC).  The firm is also hoping to swap a commitment to drill a well for a 3D seismic…

Anadarko to explore offshore Peru

Oct 16, 2017

Anadarko Petroleum has signed an exploration agreement with the government of Peru to explore 4.7 million acres across three deepwater blocks in the Trujillo Basin offshore Peru. The exploration phase of the agreement is a typical multi-year…

Chevron drops Bight exploration - APPEA

Oct 13, 2017

US oil major Chevron has decided to discontinue its exploration program in the Great Australian Bight, according to the country's industry body.  BP dropped its plans for drilling two deepwater wells in the area after a tussle with…

Appomattox hull arrives in US Gulf

Oct 12, 2017

The hull for the Appomattox field development facility arrived last week at the Ingleside, Texas shipyard where it will undergo final construction before installation in the deepwater Gulf of Mexico. Source…

Keppel lands ExxonMobil Liza FPSO conversion

Oct 05, 2017

Keppel Shipyard has won a floating production storage and offloading (FPSO) vessel conversion contract from SBM Offshore for ExxonMoibil's Liza development offshore Guyana. The contract is for the conversion of a very large crude carrier (VLCC) into an FPSO…

Sonardyne inks Magseis deal positioning equipment

Oct 04, 2017

Norwegian seismic services company Magseis has awarded subsea technology manufacturer Sonardyne International UK a contract for seabed node acoustic positioning technology to support an expansion in its deepwater survey activities. SST 6…

Anadarko consolidates leadership

Oct 04, 2017

Anadarko Petroleum reported today (4 October) that it has consolidated its leadership structure to align with the company’s narrower focus on its business. Mitch Ingram, formerly EVP, Global LNG, has been named EVP, International & Deepwater Operations and Project Management…

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