offshore

The financial effects of the downturn are set to last at least a decade—which puts the industry almost at the halfway point. This is according to a new report that says the FPSO market is the most “unscathed” of all the service segments.

The organizations will receive more than $4.1 million for research projects aiming to improve protocols to minimize the environmental effect of oil spills in water.

Phase 1 of the development today marked the sail-away from Kværner’s yard of the 560-bed living-quarters topside, the largest of its kind in Norway.

From its record high in 2014, purchases of subsea equipment and SURF fell around 50% until reaching a low in 2018. New data suggest that the subsea market will be a top-performing oilfield service segment.

Seadrill has announced implementation throughout its fleet of a health program designed for employees before they leave for work on one of the company’s rigs.

The oil price downturn spawned a lull in deepwater enthusiasm, but better project execution and reduced project lead times have helped operators achieve lower costs and better returns. What does the landscape for deep water look like in the near term? Will operators get more involved?

This paper discusses the successful application of managed-pressure drilling (MPD) in the basin with reduction in risks and well costs.

This paper describes the drilling of high-pressure/high-temperature (HP/HT) deepwater wells through an ultranarrow pore-pressure fracture gradient (PPFG) window by means of technology application and strict procedural control.

This paper discusses how managed-pressure-drilling (MPD) technology led to cost savings in two wells drilled in the Hai Thach gas field offshore southern Vietnam.

The discovery is world’s third-largest natural gas discovery in the past 2 years.