Tag: deepwater

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has made the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin.

Global energy technology company SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and others.

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 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.

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 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.

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 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.

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 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.