Connecting Completions – Deepwater Drilling

Forewarned is forearmed, an adage that is particularly true when it comes to deepwater drilling. Offshore drillers are increasingly relying on existing and new downhole data technologies to make real-time decisions and keep operations safe. Multi-trip completions in offshore wells have long left operators in the dark about what was happening in the pay zone.... Continue Reading →

Oceaneering Takes a Digital Dive into 3D Simulation

Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations. Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field, providing creative, robotics-driven solutions to technical challenges in some of the harshest environments known to man. Continue reading

Big Data or Big Hype?

The size of the prize of so-called digitalization technologies is enormous. How much is reality and how much is hype? UK-based analyst firm Wood Mackenzie asked this very question. The results are perhaps not that surprising. Speaking at Offshore Europe, last year, Martin Kelly, VP of Wood Mackenzie’s corporate research group, outlined the results. For... Continue Reading →

Sandvik Wins Mero Steel Tube Umbilical Order

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield. Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential. The Mero oilfield is being managed by the Libra Consortium, made up of a partnership between Petrobras, Total,... Continue Reading →

Wood to deliver engineering design for Chevron’s Gulf of Mexico project

Oilfield services company Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails detailed design of Anchor, a wet tree development that will employ a semi-submersible floating production unit... Continue Reading →

FPSOs: The New Business Model

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil, this buoyant market is kept strong by new players, new business models... Continue Reading →

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