Oil & Gas News

The United States is expected to account for up to 80 percent of the increase in global oil supply to 2025.[1] This growth is driving the development of new fields far offshore in ever greater water depths. One of the leading oil & gas producers in the region, BP has selected Nexans to supply umbilicals for the second stage development of the Mad Dog offshore field in the Gulf of Mexico.

Allseas, a global leader in offshore pipeline installation and subsea construction, is to take advantage of the performance and operational benefits available from Sonardyne International’s GyroUSBL acoustic positioning technology, following an order for two systems for its 236 metre long lay vessel, Lorelay.

Working for multi-client geoscience data company, TGS, Fugro continues the hunt for hydrocarbon seeps, this time offshore Brazil. Two modern, purpose-built vessels – Fugro Brasilis and Fugro Searcher – have been deployed to acquire high-resolution multibeam echosounder and sub-bottom profiler data in the Campos and Santos Basins.

LR will be leading discussions and debate at this year’s OTC Houston in Texas with a series of technical presentations and papers to help oil and gas companies in the Gulf of Mexico and beyond, discover a range of innovations and technology to support US industry as companies tackle the opportunities and challenges of the next 50 years.

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