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Floating production systems

ConocoPhillips Awards MODEC Contract To Supply Barossa Field FPSO Offshore Australia

The FPSO, MODEC's largest size of "gas FPSO" to date, will be the first application of the contractor’s M350 Hull, a next-generation newbuilt hull for FPSOs.

October 29, 2019 • Oil and Gas Facilities
Sponsored

Trace a Path To Reduce Capex and Maximize Recovery

Developing a reservoir with current capex constraints requires innovative technology to provide reliable reservoir production insight. This article describes how chemical tracer technologies can be integrated into reservoir development plans to reduce risk, minimize capex, and maximize ROI.

Sponsored by Tracerco
Business/economics

Europe's Oilfield Service Companies at Risk of Bankruptcy Amid $5 Billion in Cuts

More than 200 companies could become insolvent in the UK and Norway. This number may be larger when including the rest of Europe.

March 16, 2020 • Oil and Gas Facilities
Business/economics

Interest in US Gulf Lease Sale Sapped by Price Crash

Oil and gas operators played it safe in the latest offshore auction by placing about half the high bids typically made. As a result, the total dollar commitment for the round was the lowest since 2017.

March 17, 2020 • Trent Jacobs • Journal of Petroleum Technology
Business/economics

Halliburton Issues Mandatory Furloughs at Headquarters

The world’s second-largest service firm has seen its share price tumble by 75% as a result of the COVID-19 pandemic and a brutal price war. Workers at Halliburton’s main campus are among the first to feel the impacts.

March 17, 2020 • Trent Jacobs • Journal of Petroleum Technology
Onshore/Offshore Facilities

JIPs Develop Guidelines for Additive Manufactured Parts

The JIPs managed by DNV GL and Berenschot focused on 3D-printed-component certification and supply chain set-up.

March 18, 2020 • Oil and Gas Facilities
LNG

Mexico LNG Project Awards Technip USA a FEED Contract Award

LNG project in Mexico moves closer to FID in 2021.

March 17, 2020 • Oil and Gas Facilities
SPE News

There Is No Silver Bullet: Strengthening the Fundamentals

This month’s column is dedicated to technology evaluation, an area where I have spent the majority of my career.

March 31, 2020 • Shauna Noonan • Journal of Petroleum Technology
SPE News

SPE’s Response to COVID-19

Networking is core to SPE activities, whether through an event, a local section meeting, service on a committee, or other activity. The rapid spread of the COVID-19 virus globally is having far-reaching effects across SPE activities.

March 31, 2020 • Mark Rubin • Journal of Petroleum Technology
Safety

Post-Macondo Focus on Safety

Following the Deepwater Horizon incident in the Gulf of Mexico, the industry put in place comprehensive initiatives to improve offshore safety. This article outlines the status of two initiatives, a summary of the current focus areas to enhance safety, and SPE’s contribution to them.

April 18, 2020 • Roland Moreau • Journal of Petroleum Technology

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