Tag: offshore

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.

Chevron awards contract for Tigris, Anchor

US supermajor Chevron has awarded a contract for its Tigris and Anchor developments in the Gulf of Mexico to Wood Group, a multinational energy services company headquartered in Aberdeen, Scotland.

GE launches new water treatment solution

GE Water & Process Technologies, whose headquarters are located in Pennsylvania, has launched OnBoard, a new service offering that is a customisable, total integrated water treatment solution and service plan for offshore oil and gas producers.

BP awards contract to Amec Foster Wheeler

Amec Foster Wheeler, an international company with numerous locations in the US, has been awarded a global framework contract by BP to provide engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects.

Sevan Marine and Fluor enter agreement

Sevan Marine ASA has announced that (through its subsidiary HiLoad LNG AS) it has entered into a cooperation agreement with Fluor Corp.

Emerson to provide VRC system for offshore crane

Heerema Marine Contractors has chosen Emerson Automation Solutions, which has offices throughout North America, to provide a valve remote control (VRC) system for the world’s largest semi-submersible offshore crane vessel, SSCV Sleipnir, currently under construction at Sembcorp Marine’s shipyard in Singapore.

Intergraph Smart 3D chosen for offshore projects

US engineering, procurement and construction company, KBR, has selected Intergraph Process, Power & Marine’s Smart 3D solution to enhance implementation and execution of key offshore projects.

LOOP unloads 10,000th crude oil vessel

LOOP's deepwater port recently unloaded its 10,000th crude oil vessel. The Louisiana Offshore Oil Port's marine terminal has accepted crude oil from tankers around the globe since 1981, sending more than 13 billion barrels inland by pipeline to storage facilities in south Lafourche and on to refineries across the country.