Exclusives

Scott Hamilton, Baker Hughes, GE, BHGE, subsea production systems, costs, capex

Hart Energy caught up with BHGE’s Scott Hamilton during Subsea Expo to delve deeper into the company’s plans.

Statoil, Aasta Hansteen, subsea oil and gas

This month E&P takes a step back to the basics with a look at how operators are identifying the best locations to place subsea equipment during the field development phase. 

Before deploying subsea development strategies, operators need to know where their equipment is going.

The new ‘normal’ is a catalyst for change.

Improved products and expanded services deliver gains for subsea production.

Contracts

The deal, signed on the sidelines of an energy conference in Cairo, allows Schlumberger to start work on the survey.

Four-year extension secures sales of crude oil produced from Energean’s Prinos basin assets.

Petrobras has awarded Aker Solutions a four-year services contract for offshore Brazil, the company said on Feb. 8.

Operators find subsea success by using existing infrastructure off the Norwegian coast.

The transaction is expected to complete in the second-quarter of 2018, subject to completion conditions as prescribed in the agreement.

Digital

The use of AI to monitor subsea operations is growing.

Companies can centralize and standardize the work that gets done through the use of ROVs, AUVs and AR.

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

Novel approach saves time and reduces risk for offshore casing installations.

A concept using small FLNG vessels for stranded fields will save the industry billions of dollars.

Vessel Briefs For Jan. 11

Bermuda-based Golar LNG has declared that the shipping market recovery has begun.

Company intends to make wellhead facilities production cheaper and faster with a ‘design once, build many’ ethos.

Operations

The results are likely to embolden activist hedge fund investor Elliott Management Corp., which has blasted CEO John Hess and other managers for what it called the company's "continuing underperformance."

Husky completed a series of actions with the regulator to ensure a similar incident would not happen again.

Husky did not disconnect the SeaRose FPSO vessel and sail away from the iceberg as it should have done, and at one point people on board were ordered to “brace for impact,” the Canada-Newfoundland and Labrador Offshore Petroleum Board said in a statement.

The Trump administration’s proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65 billion barrels of oil equivalent (Bboe), attracting billions of dollars in investment.

MODEC, Mitsui, MOL, Marubeni and MES to proceed with the ultradeepwater FPSO charter project for Sepia area of Brazilian offshore pre-salt oil field.

People

Business Briefs For Jan. 25

Business Briefs For Dec. 7

Business Briefs For Nov. 2

Business Briefs For Sept. 21

Business Briefs For Sept. 7