As the oil and gas industry recovers, rationalisation is its focus when bringing new assets online and relaunching existing ones, unlocking maximum value in a shift from yesteryear’s excesses. While this is not always easy, composite provider SPS Technology has identified a set of means to achieve this, as Ian Nash, SPS Technology, explains.
The jack-up drilling rig HAKURYU-11 started the drilling operation based on the subcontract with PetroVietnam Drilling & Well Services Corporation on 19 November at Vung Tau, offshore Vietnam.
Energy companies using the system will be able to access a reliable supply of up to 100 MW of power over distances of up to 600 km and at a depth of 3000 m via a single cable, paving the way for greater access to offshore hydrocarbons.
The Senegal North Ultra-Deep Offshore (SN-UDO-19) 3D survey will covers over 5100 km2.
The one-month project for Shell will commence in 4Q19 and will cover an area of approximately 600 km2 in the western Black Sea.
The three-year extension will see Rever Offshore secure exclusive and uninterrupted access to the DSV Rever Topaz from long-term partner Volstad Maritime until December 2022.
Most of the supply growth next year in the Gulf of Mexico will come from deepwater projects, according to the energy research and consulting firm.