Fossil Energy
Watch complex subsea operation of installing Dvalin Xmas trees
Wintershall Dea last December installed three Xmas trees on its Dvalin gas development, which has now moved from the drilling phase to the completion phase.
Rystad expects no new FPSO contracts in 2020 but sees quick rebound next year
Hit by the second industry downturn in five years, global awards for FPSO vessels will likely be limited to a single unit in 2020, Rystad Energy believes.
Offshore facility electrification to slash O&G industry’s CO2 emissions, Axiom says
Offshore energy research and advisory firm Axiom has studied how the electrification of platforms can have a meaningful impact on the carbon intensity of offshore oil and gas production. The above chart highlights Axiom’s view on how the 2020-2024 fixed production market has evolved through February
LR: Up to 40 per cent of FPSO maintenance work ‘unnecessary’
As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR).
UK well engineering firm adds new operatorship division
UK’s well engineering and project management specialist Fraser Well Management (FWM) has launched a new well operatorship division.
Congressman Pallone adds Atlantic offshore drilling ban to appropriations bill
U.S. Congressman Frank Pallone Jr. has announced that the House Democrats’ appropriations bill for the fiscal year 2021 would ban offshore drilling in the Atlantic Ocean.
Indonesian regulator confirms Shell Abadi LNG exit talks
Indonesian upstream regulator SKK Migas has confirmed Shell is in talks to withdraw from Indonesia’s proposed Abadi LNG export project. The Inpex-operated giant Abadi LNG project has seen many changes over the years and initially the development of the Masela offshore block involved a floating LNG p
ABS remote survey certifies steel for Lamprell rigs
The American Bureau of Shipping (ABS) has conducted a remote survey for steel certification at a steel mill to enable work on two Lamprell’s self-elevating drilling units.
Petrobras starts decommissioning Campos Basin platform
Brazilian oil and gas giant Petrobras has started decommissioning the P-12 platform in the Campos Basin offshore Brazil.
PGS extending Hammerfest Basin coverage
PGS has recently started ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be available in the fourth quarter of 2020. The acquisition geometry builds on the configuration previo
PSE Kinsale Energy ceases gas production from Kinsale field
PSE Kinsale Energy has ceased its gas production at the Kinsale area gas fields in the Celtic Sea after 42 years of production.
Equinor finds gas and condensate in North Sea well
Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea.
North Sea exploration: Risk appetite remains despite low oil prices
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
Seacor Marine completes buy of remaining stake in SEACOSCO JV
U.S. offshore support vessel provider Seacor Marine has completed the acquisition of the remaining 50 per cent of the equity interests in SEACOSCO Offshore from COSCO Shipping.