Offshore

Field Development

Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek

The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.

May 17, 2024

Transactions , Deepwater

Seadrill Sells Three Jackups for $338MM to Gulf Drilling International

Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.

May 17, 2024

Offshore Technology Conference (OTC) , Artificial Intelligence , Drilling , Well Stimulation , Digital Oilfield , Completions , Artificial Lift , Water Management , Enhanced Oil Recovery , Subsea , Seismic

Tech Trends, OTC Edition: Drills & Bits

In this month’s Tech Trends, which takes place at the 2024 Offshore Technology Conference, new drilling technologies are on display as well as other bits that ensure efficient operations.

May 14, 2024

Unconventional , Rig Counts , Reservoir Evaluation , Highlights , Field Development , Discoveries , Artificial Intelligence , Drilling , Subsea , Seismic

E&P Highlights: May 13, 2024

Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.

May 13, 2024

Enhanced Oil Recovery , Well Stimulation , Subsea , Deepwater , Offshore Technology Conference (OTC) , Hart Energy Exclusive

Exclusive: Cost-effective Benefits of Extracting from Mature Assets

Baker Hughes' well abandonment leader Bart Joppe details the importance of extracting resources from mature assets and the company's approach to managing a well, in this Hart Energy Exclusive interview.

May 13, 2024

Offshore Technology Conference (OTC) , Highlights , Field Development , Deepwater , Emerging Plays , Subsea

Time is Money: Shell Prioritizes Speed with Brownfield Strategy

Shell’s replicant strategy trades customization of the production unit for a sped-up cycle time for Whale, Sparta developments in the deepwater Gulf of Mexico.

May 9, 2024

Midstream

Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter

Energy Transfer is among several firms vying to build deepwater ports along the Texas Gulf Coast.

May 9, 2024

Offshore Technology Conference (OTC) , Exploration & Production , Deepwater , Conventional , Drilling , Completions , Subsea

Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production

From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe. 

May 8, 2024

Wind , Offshore Technology Conference (OTC)

Ørsted Exec: Offshore Wind Picking Up Speed, Despite Challenges

The offshore wind sector is regaining momentum in the U.S., with 250 turbines coming in the next three years compared to seven a year ago, said Troy Patton, head of program execution for Ørsted Americas.

May 8, 2024

Exploration & Production , Acquisitions & Divestitures

Vår Selling Norne Assets to DNO

In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.

May 8, 2024