Wood Mackenzie comments on Shell's decision to develop PowerNap deepwater project
The decision reflects a broader trend of majors embracing subsea tie-backs that offer quicker paths to first oil and attractive returns, according to Wood Mackenzie.
Offshore & subsea
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Trendsetter Vulcan Offshore deploys wellhead fatigue mitigation system offshore New Zealand
The system alleviates the impact of modern, large blowout preventers (BOPs) on legacy wellheads by arresting the motion of the BOP stack via four tethers, which are anchored to the seabed.
Churchill darts help improve North Sea operator's wellhead base jetting operations
The DAV MX™ CircSub was deployed in order to avoid the cost of a dedicated jetting assembly run.
Trendsetter Engineering and Intelligent Wellhead Systems form joint venture
The joint venture, InVision Offshore, Inc., will be based in Houston, Texas, US.
Energean awarded four licences in Israel's Exclusive Economic Zone
The awarded licences were granted for Block D, located 45 km off the Israeli coast.
Norwegian Petroleum Directorate grants ConocoPhillips drilling permit
The drilling programme for well 25/7-7 relates to the drilling of a wildcat well in production licence 782 S.
Halliburton to undertake well construction and completions services for Libra development in Brazil
The two-year and six month contract will see Halliburton provide drilling and completion services for Petrobras.
Shell to go ahead with PowerNap subsea tie-back in Gulf of Mexico
The project is expected to start production in late 2021 and produce up to 35 000 boe/d at peak rates.
Shell's Appomattox first high temperature project to gain BSEE approval
The permitting work for the Appomattox project, which saw first oil in May 2019, helped define and clarify the safety requirements in BSEE’s recently published high pressure and high temperature related guidance documents.
ION and iSEISMIC to collaborate on seabed technology
iSEISMIC plans to use ION’s 4Sea ocean bottom acquisition and imaging technology for seabed surveys.
NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum
The scope of work includes the submission of a FEED package and proposal for the engineering, procurement, construction and installation (EPCI) for the Belbazem Block Development Project, located offshore Abu Dhabi, UAE.
Shell completes sale of Gulf of Mexico Caesar-Tonga asset to Equinor
The total cash consideration was US$965 million.
Rystad Energy finds employment is shifting from shale to offshore
The offshore industry gradually increased the overall headcount of the top 50 oilfield service companies from 2017 to 2018.
Woodside awards contract to Boskalis Australia for Scarborough seabed intervention works
The contract is for preparatory activities related to offshore deepwater excavation, pipeline crossings, nearshore and shore crossing works for the export trunkline which connects Scarborough to onshore processing infrastructure.
EM&I Brazil, USA and UK achieve ISO 9001 accreditation
Achieving the ISO 9001:2015 quality standard is important for companies involved in the asset integrity management of floating assets.