Exclusives

Kosmos Energy, Andy Inglis, BP, exploration, partnership, offshore, Atlantic Margin, Senegal, Mauritania

The partnership was formed as the oil and gas industry works to keep exploration efforts alive following spending cuts caused by lower commodity prices.

Technology, regulations and more are required for an effective abandonment and decommissioning strategy for aging offshore facilities.

Minimum-facility CSP combines the advantages of a platform with the rig-run benefit of a subsea development to achieve lower capital and installation/intervention costs.

A new buoy swivel helps reduce maintenance downtime.

Brazil politics, Brazil oil and gas, Michel Temer, auctions, corruption

Brazil is facing another political crisis, but its oil and gas sector will be fine, ANP says.

Contracts

Business Briefs For July 27

Vessel Briefs For July 27

Floater Briefs For July 27

CGG said this survey in Brazil's Santos Basin will be the largest node survey ever acquired and processed in the industry.

Saudi Aramco has selected WorleyParsons to provide project management and FEED services its Marjan Oil Field Development Program, the Australia-based engineering firm said in a news release.

Digital

Predictive analytics in real time offer opportunity to change course before incidents occur.

BP Norge enhances its existing experience in digital oilfield technology by creating two second-generation “fields of the future.”

Downhole

The National Academy of Engineering (NAE) pointed to the need for designing blowout preventers (BOPS) that operate “under all foreseeable conditions.”

Equipment

Delfin Midstream and Golar LNG Ltd. said they have signed an agreement to develop the Delfin LNG project off the coast of Cameron Parish, La., utilizing Golar’s floating LNG (FLNG) technology.

Saipem’s flagship vessels FDS2 and the Normand Maximus will carry out the work, which will begin in 2019.

The subsea sector is maturing, and with more systems moving into the field, there is a growing need for verification and validation services that span the entire project spectrum, encompassing the vessel, risers and equipment. 

An ESP solution combines a permanent magnetic motor with a side-pocket wet connect system.

A new anchoring solution ensures stability in hard soils.

Operations

Most offshore supply vessel companies surveyed by AlixPartners are unlikely to maintain solvency as 2017 shapes up to be one of the most difficult years in decades for the sector, the global consultancy warned in a study released July 10.

The Skudeneshavn, Norway-headquartered company, which also has activity in the renewable energy sector, has a fleet of about 150 vessels. Currently, two well vessels and a harvest vessel are under construction.

Brazilian state-run oil company Petrobras said an employee of a service provider for Odebrecht Óleo e Gas died after injuries sustained in an explosion on the NS 32 drillship, according to a statement on June 9.

Operational efficiency is the watchword for E&P within the current low oil price scenario, and at the heart of this is innovation. That’s why Statoil established Statoil Technology Invest (STI) to support small and medium enterprises with new technologies.

Vessel Briefs For May 25

People

Business Briefs For July 13

Business Briefs For May 25

Business Briefs For May 11

Madison High School, OTC, Energy Challenge, oil, gas, decommissioning, wind

Local high school students participated in the 2017 OTC Energy Challenge—a first for one of the largest oil and gas conferences in the world.

Containers offer efficient, cost-effective solutions to crew accomodation.