Offshore & subsea

Political and economic instability may affect Lebanon’s second offshore licensing round, according to GlobalData.

Magma sought to further improve the thermal insulation properties of m-pipe in order to maintain flow temperature for a number of current projects. Shawcor’s Thermotite® ULTRA™ was identified as having the required thermal insulation to achieve this.

The system, Sonardyne’s wide-area Sentry Integrity Monitoring Sonar (IMS), has been deployed on the seafloor at more than 2000 m (6500 ft) water depth.

The Norwegian Petroleum Directorate is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036.

Following the recent news that ExxonMobil Corp has discovered a significant gas field offshore Cyprus via the Glaucus-1 exploration well, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData,offers his insight on the matter.

After activity levels fell to only 240 subsea trees installed globally in 2017 – the lowest level since the turn of the century – Rystad Energy forecasts that over 350 subsea trees will be installed per year by 2021.

The Dutch offshore access provider has secured its first contract in Mexico, adding a new region to its global portfolio.

The company has announced that drilling operations have commenced on well 20/05b-14 on UK Seaward Licence P2170, Blocks 20/5b & 21/1d using the semi-submersible rig West Phoenix.

The company, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it encountered oil in the Pecan South-1A well offshore Ghana.

The company has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea.

The company has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.

Under the terms of the agreement, i-Tech Services will provide a Life of Field support vessel complete with work class and observation class ROVs, capable of performing inspection, survey, intervention, light subsea construction and emergency response services.

This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018.

The drilling programme includes the development of the Luno II field and the Rolvsnes discovery in the Norwegian North Sea, with contract commencement expected in Q2 2020.

The company has announced the award of a substantial contract by BP Exploration for the provision of subsea construction, inspection, repair and maintenance services covering BP’s North Sea region portfolio of assets.