Offshore
Offshore Technology Conference (OTC) , Exploration & Production , Deepwater , Conventional , Drilling , Completions , Subsea
Petrobras' Pioneering Tech Powers Decades-long, 2.9 Bboe Production
From discovery to revitalization, the deepwater Marlim Field offshore Brazil has driven development of technology while delivering more than 2.9 Bboe.
Wind , Offshore Technology Conference (OTC)
Ørsted Exec: Offshore Wind Picking Up Speed, Despite Challenges
The offshore wind sector is regaining momentum in the U.S., with 250 turbines coming in the next three years compared to seven a year ago, said Troy Patton, head of program execution for Ørsted Americas.
Exploration & Production , Acquisitions & Divestitures
Vår Selling Norne Assets to DNO
In exchange for Vår’s producing assets in the Norwegian Sea, DNO is paying $51 million and transferring to Vår its 22.6% interest in the Ringhorne East unit in the North Sea.
Field Development , Joint Ventures
SLB OneSubsea JV to Kickstart North Sea Development
SLB OneSubsea, a joint venture including SLB and Subsea7, have been awarded a contract by OKEA that will develop the Bestla Project offshore Norway.
Deepwater , Field Development , Discoveries , Exploration & Production , Crude Oil , Offshore Technology Conference (OTC)
Chevron, Total’s Anchor Up and (Almost) Running
During the Offshore Technology Conference 2024, project managers for Chevron’s Anchor Deepwater Project discussed the progress the project has made on its journey to reach first oil by mid-2024.
Technology , Wind
TGS Starts Up Multiclient Wind, Metaocean North Sea Campaign
TGS is utilizing two laser imaging and ranging buoys to receive detailed wind measurements and metaocean data, with the goal of supporting decision-making in wind lease rounds in the German Bright.
Deepwater , Subsea , Seismic
Electric Hype vs. Hydraulic Reality: Advantages of Traditional Systems
Castrol's new fluid prevents gas hydrates in deepwater control systems.
Business , Deepwater , Field Development , Service & Supply
Valaris’ 1Q Sets Positive Tone for Offshore
Coming out of first-quarter 2024, drilling contractor Valaris expects a sustained upcycle for the offshore drilling industry supported by demand growth, OPEC+ production cuts and supportive commodity prices.
Lease Sales
NSTA Offers 31 More Licenses in Latest Licensing Round
The leasing round attracted 115 bids from 76 companies vying for 257 blocks and partial blocks in the U.K. Continental Shelf.
Field Development , Subsea , Joint Ventures
SLB, OneSubsea, Subsea 7 Sign Collaboration Deal with Equinor
Work is expected to begin immediately on Equinor’s Wisting and Bay Du Nord projects.