deepwater

The operator is planning for an FPU in the Gulf of Mexico field that is capable of producing 100,000 B/D of oil.

Up to 10 FPSOs could be needed to fully develop the discovered resource base in the area.

The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction.

Last summer, a pair of semisubmersible rigs were purchased by a limited liability company tied to SpaceX. Around the same time, the commercial aerospace firm announced future plans to launch rockets from offshore platforms.

Citing impacts from COVID-19, Noble Corp. is entering into a prearranged agreement with its bondholders that will give it a fresh start with a new line of credit.

Four recent deepwater offshore discoveries show exploration is not dead, it is just concentrated offshore.

The single independent riser (SIR) is a hybrid riser configuration optimized for ultradeepwater field development. The SIR is composed of a flexible jumper and a rigid part vertically tensioned by means of distributed or continuous buoyancy.

This paper describes an automated work flow that uses sensor data and machine-learning (ML) algorithms to predict and identify root causes of impending and unplanned shutdown events and provide actionable insights.

The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years.

Transocean reported a long list of reasons why the deepwater drilling business is coming back strong. Making money is still not one of them.