Are Deepwater Projects Due for a Revival?
The oil price downturn spawned a lull in deepwater enthusiasm, but better project execution and reduced project lead times have helped operators achieve lower costs and better returns. What does the landscape for deep water look like in the near term? Will operators get more involved?
Equinor, Excelerate Perform First Ship-to-Ship LNG Transfer in The Bahamas
The transfer of LNG to Equinor’s Arctic Voyager marks the first ship-to-ship transfer in the island nation.
Dawn of the Drone: A New Method for Delivering IRM Services Subsea
Subsea inspection/repair/maintenance services have traditionally relied on vessel-based, ROV, or diver operations. In the longer term, identifying significant incremental savings in these operations is not sustainable and an innovative approach deploying digital technologies is being investigated.
Equinor Starts Production From Aasta Hansteen Gas Field
A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK.
Equinor, Faroe To Swap Norwegian Offshore Assets
The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO.
Equinor Acquires New Canadian Offshore Licenses
The deal gives Equinor exploration parcels in the prolific Jeanne d’Arc Basin, near its existing discoveries offshore Newfoundland and Labrador.
Equinor Announces Cost Increase, Delayed Startup for Martin Linge
The North Sea field, which holds an estimated 300 million BOE in recoverable resources, is now scheduled to start production in early 2020. Operator Equinor said the timeline was based on its assessment of the remaining scope of work on the project.
Testing of New Pipeline Inspection Device Begins in Bakken
These balls have the potential to alter how pipeline inspections are done, and a consortium of pipeline operators and industry experts in North Dakota is examining just how well this emerging technology can handle the small-diameter pipelines in the area.
AUVs Surface as Next-Gen Data Gathering Platforms
As operators look for cost-efficient ways to address the challenges in facility maintenance and deepwater exploration, autonomous underwater vehicles are being developed for complex data gathering and advanced tasks.
Statoil To Change Name to Equinor
Statoil’s board of directors proposed to change the name of the company to Equinor as of 16 March. The name change is intended to support the company’s strategy and development as a broad energy company.
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19 February 2019
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