ExxonMobil announced on Thursday, January 12, 2017, positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery.
To meet customer demands, Trelleborg’s offshore operation collaborated with SubC Partner to design, manufacture and test a Distributed Buoyancy Module (DBM) for installation by a Remotely Operated Vehicle (ROV) on to an FPSO’s 12 inch production riser in a steep wave configuration.
Leading global deck machinery specialist, ACE Winches, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project.
The Veolia and Peterson partnership has been awarded two platform decommissioning contracts for recycling at their facility in Great Yarmouth. With an aim of reaching 96% recycling rates the work to recycle materials and assets is expected to begin in Spring 2017 when the platforms arrive onshore.
Cyberhawk Innovations, a world leader in aerial inspection and survey using Unmanned Aerial Systems (UAS), otherwise known as drones, has welcomed Oil & Gas UK’s new guidelines on the use of drones in offshore environments.
Schlumberger announced the acquisition of Peak Well Systems, a leading specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity.
As President Obama leaves the Oval Office on Friday, he leaves a legacy of mixed fortunes for the energy industry.
Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometers from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and production company.
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced that one of its wholly owned subsidiaries has made an offer to acquire the 50% shareholding in Seaway Heavy Lifting Holding Limited currently owned by K&S Baltic Offshore (Cyprus) Limited.
Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of only 179 active FTZs in the country.
Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced, more than three times what was expected at the opening of the field in 1982.
In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licenses on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 as a partner.
On 14 December 2016, A2SEA’s Sea Installer completed the installation of 32 MHI Vestas 8MW turbines at DONG Energy’s Burbo Bank Extension in the Irish Sea.
Finalists for the 2017 Offshore Achievement Awards, sponsored by TAQA, were announced on Friday January 13, 2017.
ExxonMobil announces its development of cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This “in-line” technology could be deployed at both land-based and offshore natural gas production operations.
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