The Latest

E&P Highlights: Feb. 26, 2024

Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.

TechnipFMC Eyes $30B in Subsea Orders by 2025

TechnipFMC is capitalizing on an industry shift in spending to offshore projects from land projects.

Shell Brings Deepwater Rydberg Subsea Tieback Onstream

The two-well Gulf of Mexico development will send 16,000 boe/d at peak rates to the Appomattox production semisubmersible.

Subsea Tieback Round-Up, 2026 and Beyond

The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.

E&P Highlights: Feb. 12, 2024

Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.

Curtiss-Wright to Deploy Subsea System at Petrobras' Campos Field

Curtiss-Wright and Petrobras will combine capabilities to deploy a subsea canned motor boosting system at a Petrobras production field in the Campos Basin.

DNO Acquires Arran Field Stake, Continuing North Sea Expansion

DNO will pay $70 million for Arran Field interests held by ONE-Dyas, and up to $5 million in contingency payments if certain operational targets are met.

TGS, SLB to Conduct Engagement Phase 5 in GoM

TGS and SLB’s seventh program within the joint venture involves the acquisition of 157 Outer Continental Shelf blocks.

Sapura Acquires Exail Rovins’ Nano Inertial Navigation System

Exail Rovins’ Nano Inertial Navigation System is designed to enhance Sapura’s subsea installment capabilities.

Tech Trends: Autonomous Drone Aims to Disrupt Subsea Inspection

The partners in the project are working to usher in a new era of inspection efficiencies.