Oil & Gas News

Aker BP is the world’s first operator to utilize the subsea control system SCILS from Optime Subsea. This system simplifies installation, maintenance and plugging of subsea wells. Through SCILS Aker BP can reduce its costs for control systems in well operations by more than 50 percent. 

On December 12, production commenced from the Snorre Expansion Project in the North Sea. This major Increased Oil Recovery project will add almost 200 million barrels of recoverable oil reserves and help extend the productive life of the Snorre field through 2040.

As exploration activities in the Guyana-Suriname Basin expand, CSA Ocean Sciences Inc. (CSA) and its Trinidad subsidiary follow suit, building on a 30-year history of marine environmental consulting work in the Caribbean and serving the scientific and operational needs of the offshore energy industry.

Baker Hughes (NYSE:BKR) announced the successful launch of the engageSubsea remote – an extension of the engageSubsea platform. engageSubsea remote serves as an equipment inspection tool, technical support and operational management platform, and is designed to drive operational excellence and increase capital productivity for offshore oil and gas operators.   

As the world gets increasingly committed to limiting global warming to well below 2C degrees, the success of various initiatives to decarbonize natural gas will be key to ensure that this fastest growing and the cleanest hydrocarbon fuel remains prevailing in the future energy mix, participants of a recently-held Workshop on Environmental Advantages of Natural Gas heard.

The Bureau of Ocean Energy Management (BOEM) with support from the Bureau of Safety and Environmental Enforcement (BSEE) published new research on Dec. 3, that indicates certain economic policy changes may help increase oil and natural gas production in the Gulf of Mexico (GOM), using deepwater infrastructure already in place.

C-Kore Systems completed a successful campaign with a major oil operator in the North Sea. The C-Kore tools rapidly located the source of low IR on the field and allowed the operator to quickly confirm the health of the rest of the system.

Equinor and its Johan Sverdrup license partners have awarded Aker Solutions the contract for hook-up of the fifth platform on the Johan Sverdrup field. At peak the contract will provide jobs for around 1,300 people and have a value of up to NOK 500 million.

McDermott International, Ltd has been selected by BHP Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to perform the preliminary Front-End Engineering Design (pre-FEED) extension phase for a Floating Production Unit (FPU) that could be installed in a water depth of approximately 8,200 feet (2,500 meters) at the Trion field, located approximately 19 miles (30 kilometers) south of the U.S./Mexico border and approximately 112 miles (180 kilometers) from the Mexican coastline.

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