offshore

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.

BP Trinidad and Tobago began first gas production from its Angelin development on 26 February.

The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power?

The announcement comes 7 months after the two received permission to begin the tendering process for the project offshore Nigeria, which is expected to carry a peak production of 225,000 BOPD by 2022.