offshore

The complete paper discusses a method of stimulating deep, high-temperature offshore wells by combining an efficient single-phase retarded acid (SPRA) system and an engineered, degradable, large-sized particulate and fiber-laden diverter (LPFD).

The contract is Mammoet’s biggest in terms of aggregate tonnage. The Arctic LNG 2 project reached FID in September 2019.

Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.

While a year with less than 200 subsea tree awards seems uncommon, a year with less than 100 awards is an even rarer sight. It has only happened once before since the turn of the century, in 2016 following the oil price crash of 2014–2016.

Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.

The testing, inspection, and certification company is reporting a 900% rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic.

The race is on to fill NWS gas export plant.

New LNG capacity in 2019 kept pace with higher trading volumes and supply/demand growth. Key questions and barriers still remain for the future of the LNG industry in 2020.

Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea.

FPSO sanctioning is at a minimum and few opportunities remain for FPSO suppliers to find new work and redeploy their vessels. Suppliers may be forced to accept day rate reductions in order to keep their vessels working.