offshore

The value of new technology, and its ROI, is examined. Understanding the value proposition is not a trivial matter. When investing in facilities technologies, we have traditionally looked to invest in those that will reduce Capex or Opex. But what about niche technologies?

As production from mature basins onshore and in shallow water declines, the development of deepwater reserves has become vital. Consequently, production and Capex are expected to rise.

This paper presents a statistical analysis approach to weather windows of opportunity, which are defined as the time span over which the stringent, multiparametric conditions required by weather-sensitive marine operations (such as heavy lift, topside float over, and pipeline tie in) are met.

Decommissioning costs are often made higher by decisions made during the initial engineering and construction stages of an offshore oil or gas field. Designing with a critical eye can go a long way toward reducing the decommissioning costs, which occur decades later.

Angola’s Block 17 is nearing the end of one era of development and the beginning of its next.

Many problems that result in BOP downtime could be prevented if only drilling contractors knew which parts of the subsea system to replace and when. BOP monitoring systems have been developed to increase reliability by enabling preventive maintenance.

A destructive run of three hurricanes has been a catalyst for a flurry of innovations in decommissioning shallow-water wells in the US Gulf of Mexico.

The United States’ top offshore regulator said his agency is adopting new policies and measures to improve its working relationship with the offshore industry.

During OTC in Houston last month, offshore construction capabilities drew a room-capacity audience to a technical session about advances in deepwater construction techniques and vessels, including pipelaying and heavy lifting.

A previous attempt to drill an exploration well in ultradeep water in the Gulf of Mexico (GOM) did not reach its objective.