Japan's Mitsui & Co. has reached an agreement with Shell to acquire 20% working interest in the supermajor's 100%-operated Kaikias and Circius fields in the US Gulf of Mexico, the firm announced on 5 December. The two fields sit in four blocks (MC-767…
The Subsea Integration Alliance (a collaboration between Schlumberger, OneSubsea, and Subsea 7) has been awarded a deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
Audrey Leon speaks with California-based Materia about a resin the firm hopes will make waves for subsea thermal insulation and other deepwater buoyancy applications. Proxima thermoset norbornene resins create composites…
FMC Technologies and Technip announced that the pending, combination between the companies has received a clearance decision issued by the General Superintendent of Administrative Council for Economic Defense, (CADE), the Brazilian antitrust authority…
Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…
Siemens US CEO, Eric Spiegel will leave the company at the end of the year at age 59. Spiegel will be replaced by Judith Marks, effective 1 January 2017. In addition, Lisa Davis has been appointed chair and CEO of Siemens Corp., effective the same date…
BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…
In Europe, and in other regions, the guiding principle for the rules governing oil and gas infrastructure decommissioning have been a return to a clean seabed. These principles are being challenged. Elaine Maslin reports. Anadarko’s…
Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…
Elaine Maslin surveys some of the firms creating new solutions for bonded thermoplastic composite pipes. Magma’s 2in jumper being put to the test at Oceaneering’s facility in Houston. Photo from Magma Global…
2016 has been a year of challenges for the oil and gas industry. Audrey Leon surveys some of the year’s notable starts. Shell’s Stones project came online in September 2016, using the Gulf of Mexico’s second ever FPSO…
Despite oil’s instability over the last few years, the underwater vehicle market is set for modest growth as well as a breakthrough in resident vehicle technology. Emma Gordon reports. Subsea 7’s AIV…
Trendsetter Engineering has opened its Global Readiness Center (GRC) in Houston that will be dedicated to providing enhanced subsea well control response capabilities to the global market. Trendsetter’s GRC is located within a designated…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids in the Labrador South Region under its Scheduled Land Tenure Regime. Call for Bids NL16-CFB03 (Labrador South Region) covers 10 parcels over a total 2…
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