Tag: deepwater
BP approves Mad Dog Phase 2
BP has sanctioned the Mad Dog Phase 2 project in the United States. Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross barrels of crude oil per day from up to 14 production wells.
Interventek develops 20K in-riser valve
Interventek Subsea Engineering, has developed an ultra-high-pressure, high-temperature (HPHT) version of their Revolution safety valve for in-riser landing string systems, the 20K in-riser Revolution valve.
Big names team up to bid in deepwater oil auctions
Chevron Corp. has joined forces with Petroleos Mexicanos (Pemex) and Japan's Inpex Corp. to bid for the right to explore for oil and natural gas, the first time Pemex will partner with private companies to develop crude in the Gulf of Mexico.
Baker Hughes V1-validated deepwater safety valve
Baker Hughes has announced the release of its DeepShield deepwater safety valve, the industry’s first V1-validated subsurface safety valve tested to help ensure fail-safe operations as defined in the new API Spec 14A.
High pressure choke valve case study
IMI Critical Engineering has delivered a bespoke solution, which has been proven to be able to withstand the unique demands of deep-sea oil and gas extraction over extended periods. There is an estimated extraction of 125 000 bpd of oil and 70 million ft3/d gas at the Tahiti facility in the Gulf of Mexico, where valuable energy resources are in abundance at extreme depths.
Badger Meter’s control valves
Badger Meter control valves are often used in applications such as oil extraction in ultra-deep oil wells because they are able to overcome difficult challenges associated with these applications. For example, withstanding extreme pressures, wide flow ranges and ultra-low temperatures.
Shell to buy BG Group
It is being reported that Royal Dutch Shell is in discussions with BG Group regarding a possible USD 70 billion merger between the two oil and gas companies. Shell has taken a step to boost its deepwater and LNG asset portfolio during the current low equity price environment by taking over BG Group.
Subsea 7 wins installation contract in US GoM
Subsea 7 has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico (GoM).The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers and associated subsea architecture that tie back two drill centres to a tension leg platform hosting drill centres, water injection and gas lifts.
BHP Billiton, Pemex to exchange deepwater expertise
BHP Billiton and Petroleos Mexicanos (Pemex) signed a memorandum of understanding and cooperation (MOU) to exchange technical knowledge, information, experiences and practices in activities related to the oil and gas industry.
Petrofac awarded deepwater project
Petrofac’s Engineering & Consulting Services business (ECS), in partnership with Doris Engineering of Houston (Doris), has been awarded a project management contract by Petróleos Mexicanos (PEMEX) for specialised technical assistance and supervision for the construction, installation, commissioning, testing and start-up of deep-water subsea wells and infrastructure for the Lakach project.