Tag: offshore

Weight or Space? Optimization Effects of Compact Actuator Technology in an...

Compact actuator technology is often credited for helping designers of offshore facilities (such as floating production, storage, and offloading vessels (FPSO) & floating liquefied natural gas vessels (FLNG)) to optimize valuable space & weight on the facility. Because compact actuators usually require considerably more machining than conventional scotch-yoke designs, customers typically weigh the benefits versus the costs of compact technology. By Sarang Tipre, Cameron, a Schlumberger company

Do You Have the Latest Copy of Valve World Americas?

The April 2019 edition of Valve World Americas is now available! You can now read all the latest valve news and information either in print or digital format.

Spindletop Charities Selected as OTC 2019 Beneficiary

The Offshore Technology Conference (OTC) has named Spindletop Charities as the beneficiary for OTC 2019.  Since 1966, Spindletop has contributed more than USD 22 million to aid programs supporting at-risk youth.

BP Starts Thunder Horse Northwest Expansion Early

BP announced that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15 percent under budget.

BP deploys Plant Operations Advisor on GoM platforms

BP announced that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.

Cadillac-days are Gone in Offshore Exploration

Offshore oil and gas exploration has become increasingly challenging as the days of 100 dollar per barrel are gone, at least for the time being.

Exxon Anticipates More Oil Offshore Guyana

Exxon Mobil Corp and its partner Hess Corp expect the large Stabroek oil block offshore Guyana to contain about 25 percent more recoverable resources than estimated.

Cadillac Days are Gone in Offshore Exploration

Offshore oil and gas exploration has become increasingly challenging as the days of 100 dollar per barrel are gone, at least for the time being.

Brazil leads the world in FPSO deployments

The latest report from Global Data, Quarterly Global FPSO Industry Outlook – Brazil Leads FPSO Deployments in South America suggests that 74 planned and planned FPSOs are expected to start their operations by 2025.

Significant new oil discovery offshore Mexico

Premier Oil, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, recently announced that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery.