BP has been making strides in LowSal enhanced oil recovery techniques and Bright Water. It now has its sights set on polymerized water for its Quad 204 development. Elaine Maslin found out more. Onshore…
Husky Energy has commenced production from a second oil well at the South White Rose extension drill center offshore Newfoundland and Labrador. The two wells are expected to ramp up to a combined net peak production of 15,000 b/d. South…
Two and a half years after project sanction, production began from Statoil’s Smørbukk South Extension at the Åsgard field. Installation of Smørbukk South Extension subsea template. Images from Statoil…
UK-based consultancy Crondall Energy has been awarded a contract with a consortium of Aker Solutions and Subsea 7 for the Ophir Energy Fortuna Project in West Africa. The award is to provide technical support to the competitive upstream…
Japan's INPEX has submitted a revised development plan for the Abadi LNG project offshore Indonesia. Inpex says greater volumes of gas than thought have been confirmed, leading to a larger floating liquefied natural gas (FLNG) proposal now being developed…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
Global FPSO orders have fallen off a cliff in 2015. But, SBM Offshore is weathering the storm and there’s more to the company than FPSOs, says its Schiedam managing director. Saskia Kunst, Managing Director of SBM Offshore’s Dutch base in Schiedam…
Hurricane Energy has proven commercial oil can flow from its fractured basement oil reservoirs West of Shetland – it’s next job is finding an economical solution to get it to market. Elaine Maslin reports. Artist's…
In advance of OE’s 2015 Global FPSO Forum, in Galveston, Texas, Audrey Leon speaks with the event’s co-chairs – SBM Offshore’s Jim Wodehouse and Endeavor Management’s Bruce Crager – to discuss topics affecting the FPSO sector. Shell…
Spending on floating production systems is expected to increase 73% in 2015-2019, with US$81 billion due to be spent over that period. Douglas Westwood analyst Ben Wilby sets the scene. BG Group’s Knarr FPSO…
Introducing a new FPSO into a brownfield while overhauling the subsea infrastructure led to a complex multi-year SIMOPS campaign for Technip. Elaine Maslin reports. A GIS image (above) shows the complexity of the SIMOPS at Quad 204…
Heavy transport firm Dockwise performed a market first with the transport of a ship-shaped FPSO, the Armada Intrepid. Elaine Maslin explains. Images from Dockwise. When the Dockwise Vanguard was conceived…
Alpha Petroleum has lifted the lid on a new FPSO based development for the Cheviot heavy oil field in the UK sector of the North Sea. Alpha has spelled out plans for a 26 well project with a target for first oil in 2021, which will have production of up to 35…
Floating production vessel operator BW Offshore has posted a 3% rise in operating revenues but says, which outsourced floating solutions remain an attractive option, the low oil price environment will see a reduction in orders that is expected to be prolonged…
Malaysia-based Bumi Armada Berhad saw a 22% decline in its revenue in 2Q 2015, but an increase in its EBITDA. Image from Bumi. The offshore oilfield service provider's revenue decreased by 22% to US$109 million (459…