Technology Exclusives

As gas fields from Australia to the U.S. line up to boost LNG supplies, attention is being paid to Asia’s demand growth.

Efforts are underway to replace the airgun with a kinder, gentler source.

Between 2014 and 2020, an estimated $60 billion will be invested in FLNG projects worldwide.

Energy companies are paying more attention to water stewardship and how to mitigate that stress.

Any hope that global demand would provide a floor for oil’s free fall was dashed as the leading energy forecaster cut its outlook for the fourth time in five months and crude extended its tumble.

Technology Completion

A process called forward-osmosis is applied to clean water used in hydraulic fracturing.

Researchers estimate that for every gallon of water used to frac for natural gas, Texas saved 33 gallons of water by using that gas for electricity generation.

Technology Contracts

FMC Technologies Inc has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development, according to a news release.

GE and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners, L.P., have entered into a $1 billion, 20-plus-year service contract under which GE will provide spare parts and planned inspections, maintenance services and technical support at the Sabine Pass LNG export facility.

Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner Field on the UKCS to Schlumberger Oilfield UK Plc.

Subsea 7 has been awarded a contract by the Hess Corp. for installation work in support of the Stampede project in deepwater U.S. Gulf of Mexico, according to a news release.

FMC Technologies Inc. has received an order from Star Deep Water Petroleum Ltd., a Chevron company and operator of the Agbami Field, to provide subsea equipment for operations in the Agbami Field offshore Nigeria.

Technology Digital

Companies embrace prescriptive analytics to improve production.

Data-driven models can shed light on factors that influence operations.

The push to exploit big data and apply analytics comes as operators work to increase production.

Technology and an abundance of data are forcing oil and gas companies to make changes and prepare for new ways of operating.

Technology Equipment

Petrobras is transporting the hull of the P-66, the first platform in a series of eight “replicant” FPSO units being constructed to meet oil production demands in Brazil.

Based on thorough evaluation, the company selected the WesternGeco Q-Marine point-receiver marine seismic system for the Polar Empress, according to a Dolphin press release.

Lower demand, a flood of newbuilds, reduced rig rates and spending cutbacks by oil and gas companies have cast a cloud over the offshore drilling market.

Pemex has installed a compression platform in its Tsimin-Xux development in the Gulf of Mexico using the float-over method, a first for the state-owned company.

West Alpha could end up operating offshore Norway instead of going back to Russia in 2015, said Dominic Genetti, operations manager for Exxon Mobil in Norway.

Technology Operations

HitecVision is establishing a new oil service group under the name Global Maritime Group by merging five companies in its portfolio, according to a news release.

The agreement covers jackup rig moving services, towmaster and marine warranty services, and can include condition and valuation services, according to a news release.

The deal—subject to the standard regulatory approvals—is expected to be completed in first-quarter 2015, the release said.

Repsol has agreed with Talisman Energy to acquire 100% of the shares of the Canadian company.

​Technip, Europe’s largest oil engineer, plans to expand the range of service it offers energy companies after a bid to buy French seismic surveyor CGG failed.

Technology People

Det norske oljeselskap ASA has appointed Olav Henriksen to the position of senior vice president, projects.

​Christopher A. Smith was confirmed by the U.S. Senate on Dec. 16, 2014, as the Department of Energy’s assistant secretary for fossil energy, according to a news release.

Sietze Hepkema, chief governance and compliance officer for SBM Offshore, has decided to retire from the position, the company said in a news release.

David B. Cook has been named to succeed Søren Gath Hansen as group executive vice president and CEO for E&P of DONG Energy, the company said in a news release.

Halliburton announced it is laying off about 1,000 employees across multiple regions in the Eastern Hemisphere.

Technology Regulations

The API has published a new RP for structural integrity management.

U.S. President Barack Obama has prohibited oil and gas leasing at Bristol Bay, extending indefinitely a temporary withdrawal issued in 2010 which was due to expire in 2017.

The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that Governor Andrew Cuomo will allow the extraction process after a six-year-moratorium.

BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 GoM oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in fines under U.S. law.

Venezuela is experiencing a growing exodus of skilled oilfield workers as real wages for engineers have fallen to about 9% of the global average, dragging down oil production at a time when slumping crude prices threaten the country’s export revenue.