On February 5, 2019, EOM Offshore, LLC became a SBIR Phase I award recipient under SBIR Topic N-183-141 entitled “Technology Development of Fiber Optic Moorings for Surface Communication Buoys.”
ION Geophysical Corporation has announced a new 2D multi-client reimaging program offshore Brazil.
Aberdeen-based production optimization specialist Enpro Subsea has announced that the £1.5million investment project in its Flow Intervention Services (FIS) technology, which included a £755,000 research and development grant from Scottish Enterprise, has started onshore testing ahead of planned subsea field trials later this year.
Seadrill Limited ("Seadrill") announces that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P. ("Sonangol"). The new joint venture, Sonadrill, will operate four drillships, focusing on opportunities in Angolan waters.
Excelerate Energy L.P.'s (Excelerate's) Northeast Gateway Deepwater Terminal (Northeast Gateway), located offshore Boston, reached a peak send-out flow rate of over 800,000 MMBTU per day of natural gas on February 1, 2019, a first for the terminal.
Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa.
Trelleborg’s marine systems operation will supply its rope-free automated mooring system, AutoMoor, to the Port of Langnas’ international cruise ferry and domestic ro-ro ferry berths.
Building on its impressive track record supplying cable protection to offshore wind projects, Trelleborg’s applied technologies operation delivered a range of high-performance cable protection solutions for the Kincardine Offshore Windfarm and the 2MW turbine that started producing power in October 2018.
Flicq Inc. an innovator in the Industrial Internet of Things (IIoT) solutions announces that it has cooperated with Damen Shipyards in remote monitoring. The project has involved mapping smart sensor data from many sources to have a uniform view of a vessel’s health. Additionally, Flicq sensors have been deployed on Damen connected vessels.
"We now have a powerful track record of safe and reliable performance, efficient execution and capital discipline. And we’re doing this while growing the business – bringing more high-quality projects online, expanding marketing in the Downstream and doing transformative deals such as BHP. Our strategy is clearly working and will serve the company and our shareholders well through the energy transition."
Global Oil Markets
International energy consultancy Xodus Group has created a new group-wide role as part of a fresh drive for innovation and technology.
Airborne Oil & Gas announces that Renato Bastos has joined Airborne Oil & Gas, as Vice President Brazil, strengthening its presence in Brazil. In this role, Renato will be responsible for delivering the company’s roadmap to qualify the Thermoplastic Composite Pipeline (TCP) Riser for dynamic application in Deepwater Brazil.
Teledyne Marine announces a significant investment by Ashtead Technology in the newest subsea multibeam imaging, survey and pipe tracking technology. Key items include RESON SeaBat T50-S IDH multibeam systems (successor to the 7125 ROV2), BlueView M900-2250 dual frequency imaging sonars and HydroPACT 660E pipe and cable trackers among other items purchase from Teledyne Marine.
OPEC have moved to take supply out of the market by announcing a 1.2 mmbbl/d production cut from October 2018 reference levels, but the key question at the start of 2019 is – have they done enough?
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