TOPICS OF INTEREST
Keep Your Eye on the Oil Price Ticker To Gauge 2019 Oilfield Services
The oilfield services sector showed steady revenue growth in 2018 thanks, in part, to increased project sanctioning. With the oil price falling $20 in the past 2 months, however, the future may be murkier than expected.
Operations Suspended Following Oil Spill in White Rose Field
A shut-in subsea flowline is believed to be the source of the spill on Husky Energy’s SeaRose FPSO offshore Newfoundland and Labrador. The spill is believed to be the largest in the history of the Canadian province.
API Releases New Edition of Valve Standard
API released an updated valve standard for wellhead and tree equipment, which includes new automatic closure requirements.
InterMoor Acquires BEL Grapnel and Chaser Designs
The deal covers drawings, designs, and cast patterns for BEL’s anchor- and chain-handling equipment.
Changing the Mix: A New Approach to Polymers for Offshore EOR
Researchers from Chevron are looking into a new approach to understand the drivers of polymer hydration. How might this affect the design of mixing systems in the field, and could it affect offshore EOR applications?
Offshore Survey Shows Shift From Cost Cutting to Expanding Operations
An offshore survey identified a decrease in focusing on cost cutting and an increase in preparing to expand operations. With the oil prices above $60/bbl the impetus for negotiation for lower prices by companies and service providers appears to be waning.
LNG Moves Closer To Becoming a Fuel for Marine Vessels
Three companies are collaborating to develop the equipment needed to make LNG a feasible alternative fuel for ship owners and operators.
North American Shale Activity Gives Boost to OFSE Business
The oilfield services and equipment sector, while optimistic, has not yet seen the effects of the improved oil price in the recovery of its overall business.
Gas Flowing From Ichthys LNG Project
The long-awaited Ichthys LNG Project off Western Australia has finally started gas production. LNG liquefaction is expected in a few weeks.
Total Begins Production at Kaombo Deepwater Project
Sanctioned in 2014, the project is the largest deepwater offshore development in Angola. It will produce an estimated 230,000 BOPD from six different fields at peak.
SPE Offshore Europe 2019 Chair Appointed, Theme of Conference to be License To Operate
Michael Borrell, senior vice president, North Sea and Russia at Total, was appointed conference chair. "Our License To Operate: Breaking Through to Excellence" will form the theme of the biennial conference and exhibition which will take place in Aberdeen from 3–6 September.
Huisman and RAMLAB Initiate Consortium To Produce World’s Heaviest 3D Printed Steel Crane Hook
The hollow hook will weigh close to 1000 kg and have a safe working load of 325 metric tons.
Supply Chain Consortium Launched for Decommissioning Services
Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040. The launch of a collaborative supply chain approach to global decommissioning offers an end-to-end solution to reduce the decommissioning burden, risk, and cost for operators in Europe, Asia, and Americas.
Catalysts for Offshore Progress: Service Company Partnerships, M&As
Executives from several service companies involved in the offshore space—including two sides of a recent hostile takeover bid—came together at OTC to discuss the virtues of collaboration and rationale behind M&A.
Swarming, Swimming Robots Make Their Debut
Aquabotix’s SwarmDiver technology marks a major milestone in the growing trend toward swarm-deployed underwater vehicles.
Norway Leading the Oilfield Service Comeback
The cost cuts made during the downturn and the recent increase in oil prices have led to some global offshore projects becoming economically viable. Norway is leading the comeback.
P&A Sowing Harmony Among Operators?
With no money to be made, P&A is one area where operators can put aside their hyper-competitiveness to work together. Members of the recently formed PACE network discussed the virtues of collaboration at the Decommissioning and Abandonment Summit 2018.
Aggressive Cost-Cutting: Is it Sustainable?
Onshore development is increasing production, while investors demand greater operational efficiencies. Operators and service companies are striving to strike the balance between fiscal discipline and growing their production. How low can costs go, and for how long?
Produced-Water Debottlenecking Improves Offshore Production
An operator in the western Gulf of Thailand retrofit two partial-processing water-management systems on mobile-offshore-production-unit platforms for bulk removal and treatment of produced water. Water debottlenecking increased oil production by 80% and reduced the infield transfer volume by 62%. Th
RPSEA Releases Oil & Gas Technology Roadmap
The Technology Roadmap identifies R&D opportunities that will allow the US to be the leading producer of oil and gas into the future. The importance of technology transfer and time to commercialization is discussed.
BSEE Safety Alert: Improper Compressor Purging Leads To Explosions
Two Gulf of Mexico incidents occurred that were related to compressors not being purged properly prior to startup. BSEE issued a Safety Alert outlining the circumstances and made recommendations for prevention.
SNC-Lavalin Wins Award for Fast-Tracking of Cardon IV Facilities Project
SNC-Lavalin was recognized by the Rice Global Engineering & Construction Forum’s Award of Excellence for the fast-track installation of a 150 MMcf/D natural gas processing plant for production from the offshore Venezuela Perla field.
Statoil Christens NY Offshore Wind Project
Statoil selected the name “Empire Wind” for its offshore wind site located off the southern coast of Long Island, New York. The company also recently stepped into solar power in Brazil.
Partnership Targets Stranded Fields With Fast-Deployment FLNG Vessels
Add Energy has partnered with Transborders Energy and will work with TechnipFMC and MODEC to develop a 1.0-MTPA FLNG vessel for small-scale stranded fields.
Statoil and Rutter Complete R&D for Improved Remote Ice Detection and Tracking
Rutter, Statoil Canada, and the Government of Newfoundland and Labrador completed a collaborative research and development (R&D) project aimed at improving offshore oil and gas operations in harsh environments with ice conditions.
Integrating Decision Support Models With Value Attributes for Platform Decommissioning
Using decision analysis as a software tool helps to clarify and evaluate decommissioning alternatives against a comprehensive set of objectives, including both market and nonmarket values.
What Project Sanctions Tell Us About the State of the Upstream Sector
Many of the biggest players in the industry—particularly the majors—have adapted their portfolios for “lower for longer” and are once again sanctioning big projects. While we are not back to the heady days of 2010–2014, we have left behind the dark days of 2015–2016.
BP's Vessel Khankendi Completes Sea Trials in the Caspian
Baku Shipyard completed the sea trials of BP's subsea construction vessel Khankendi, which is being constructed for the Shah Deniz Stage 2 project.
New Frontiers Identified in Human-Factors Research
A research fellow at the Ocean Energy Safety Institute argued that incident prevention methods will be ineffective unless industry generates facility, equipment, and system designs that consider potential human-factors issues.
Petrobras and Wood Group CEOs To Speak at Opening Plenary at SPE Offshore Europe 2017
Pedro Parente, CEO of Petrobras, and Robin Watson, chief executive of Wood Group, are to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5–8 September.
Four Generations of Fire- and Blast-Resistant Walls on Offshore Installations
Four types of fire- and blast-resistant walls for offshore installations are assessed, including internal vs. external fire and blast walls.
Passive-Fire-Protection Optimization in Offshore Topside Structures
Applying sufficient passive fire protection (PFP) on topside structural-steel members is critical. Simplified and conservative approaches are available to estimate the extent and amount of PFP necessary.
Three-Sided Passive Fire Protection on Steel-Beam Decks for Offshore Installations
This study presents an overview of the structural response and failure mechanism of three-sided protected beams and proposes design solutions.
Cooldown of Subsea Deadleg With a Cold Spot: Experimental and Numerical Heat-Transfer Analysis
Results of the experimental and numerical heat-transfer analysis conducted on a T-shaped acrylic-glass pipe, representing a production header in a subsea production system with a vertical deadleg.
Keppel Takes a Hit From Industry Downturn
Due to the continued pressure from weak utilization of existing operating fleet and supply overhang of newbuilds, Keppel is cutting its yard capacity. The company is however seeking opportunities in niche and new markets.
Juniper Platform Heads to Offshore Trinidad
The new Juniper offshore platform began its journey toward Trinidad to be installed as BP Trinidad and Tobago LLC’s 14th offshore installation. Juniper will have a production capacity of approximately 590 MMscf/D.
Macondo Contractor/Operator Gaps Identified by CSB
Various incidents that took place between Transocean, the owner of Deepwater Horizon, and BP, the company that leased the rig for use at Macondo, illustrate the gap between work-as-imagined in the drilling program and work-as-done by the well operations crew.
China Shipyard Launches Liftboat, Contracts for Dive Support Vessel
Mekers Offshore, a Zhejiang-based company, launched its first in a series of liftboats at Shanghai Bestway Dajin Heavy Industries yard in Jiangsu, China.
Technical Report Focuses on Offshore E&P Safety-Related Data
The report was written by a steering committee of SMEs with industry input from an SPE summit as well as members from SPE online communities. It is based on discussions and conclusions from the summit and is intended to provide guidance on an industry-wide safety management data sharing program.
Kashagan Adds to Global Glut With Quick Production Buildup
Kashagan crude reached the global markets. The world’s most expensive upstream project restarted production and about 195,000 barrels, produced during the startup process, were shipped for export.
Application of Plume-Cooling Technology To Solve a GTG Impingement Problem: A Case Study
The compact nature of offshore platforms makes the management of the exhaust from engines a concern from a health and safety standpoint. In this paper, the authors present a typical plume-impingement problem aboard an offshore platform and discuss the application of plume-cooling technology.
Safety for a Helicopter Load/Unload Operation on an Offshore Platform: Optimization From Several Viewpoints and the Psychological Aspects of the Marshaller
Helicopter operations are important in the offshore industry but accidents involving them can have fatal consequences. This paper focuses on risk mitigation during the loading/unloading task of a slickline/wireline job from various viewpoints, including the psychological aspects of the crew.
Applying Subsea Fluid-Processing Technologies for Deepwater Operations
Subsea processing is an evolving technology in ultradeepwater development and has the potential to unlock a significant amount of hydrocarbon resources. In this paper, the authors have reviewed the application of subsea systems in 12 deepwater fields and discussed the significance of each.
Deepwater Symposium: Sensors, Analytics Help Maintain Pipeline Integrity
At the 2016 Gulf of Mexico Deepwater Technical Symposium in New Orleans, a presentation discussed the application of sensors and analytics in pipeline integrity management systems.
Salvage Operations Ongoing at Grounded Semisub Off Isle of Lewis
Eight salvage experts have boarded the Transocean Winner, which ran agorund off the Isle of Lewis on 8 August.
Noble Jim Day Semisub Cold Stacked
The Noble Jim Day semisubmersible (left) arrived at Harbor Island in Port Aransas, Texas, on 29 July to be cold stacked.
McDermott and Nakilat-Keppel Marine Enter 5-Year Agreement in Qatar
McDermott and Nakilat-Keppel Offshore Marine (N-KOM) agreed to an exclusive cooperation agreement for offshore engineering, procurement, construction, and installation projects within Qatari waters.
Solving Deepwater Challenges in a Low Price Environment
Construction costs, contractor involvement, flow assurance, and the integration of new technologies created to improve production are some of the deepwater challenges exacerbated by the current low price environment.
Despite Imminent Project Delays, Deepwater Spend To Total USD 210 Billion From 2015 to 2019
Operators have announced reduced budgets and delayed deepwater project sanctions. Despite these reductions, the long term outlook is for increased deepwater spending.
A Review of Engineering and Safety Considerations for Hybrid-Power (Lithium-Ion) Systems in Offshore Applications
Hybridization of power systems is known to increase energy efficiency and reduce emissions, with lower fuel consumption. This paper reviews available technologies to serve as a selection guide for planning such systems.
SPE Delta Section To Cohost Deepwater Technical Symposium
The SPE Delta Section will cohost its annual Gulf of Mexico Deepwater Technical Symposium in New Orleans in August. A variety of topics on deepwater exploration and production (E&P) will be presented.
Upstream Offshore-Facility Weight-Growth Study
To help the industry understand offshore-facility weight predictability, IPA recently conducted a comprehensive study that sheds new light on facility weight performance and identifies the root causes of weight growth, providing guidelines for improving predictability.
Thermodynamic Performance Indicators for Offshore Oil and Gas Processing: Application to Four North Sea Facilities
Developing performance indicators that will provide meaningful comparisons across the wide variation in oil and gas platforms is important, since good indicators can drive optimal operations. But is is also complex.
Simplified Dynamic Models for Control of Riser Slugging in Offshore Oil Production
Riser slugging can restrict production and cause problems for downstream equipment. This paper discusses a simplified modeling approach to control of riser slugging.
How Much Would You Spend To Develop a New Technology?
The value of new technology, and its ROI, is examined. Understanding the value proposition is not a trivial matter. When investing in facilities technologies, we have traditionally looked to invest in those that will reduce Capex or Opex. But what about niche technologies?
Global Subsea Hardware Market Forecast To Total USD 117 Billion From 2014 to 2018
As production from mature basins onshore and in shallow water declines, the development of deepwater reserves has become vital. Consequently, production and Capex are expected to rise.
Analysis of Windows of Opportunity for Weather-Sensitive Operations
This paper presents a statistical analysis approach to weather windows of opportunity, which are defined as the time span over which the stringent, multiparametric conditions required by weather-sensitive marine operations (such as heavy lift, topside float over, and pipeline tie in) are met.
Engineering for Decommissioning During Project Design Reduces Costs
Decommissioning costs are often made higher by decisions made during the initial engineering and construction stages of an offshore oil or gas field. Designing with a critical eye can go a long way toward reducing the decommissioning costs, which occur decades later.
Offshore Construction and Installation Innovations Aim for Deeper Waters
During OTC in Houston last month, offshore construction capabilities drew a room-capacity audience to a technical session about advances in deepwater construction techniques and vessels, including pipelaying and heavy lifting.
Innovative Solutions Enable Production Start of China’s First Marginal Subsea-Tieback Oil Field
Linhua4-1 was China’s first tieback subsea development project. To develop this marginal oil field, a number of technical challenges were overcome through a series of new technologies, and their successful development and implementation.
Deepwater Spend Forecast to Surge from 2014 to 2018
Deepwater capital expenditure is expected to more than double compared to the previous 5 year period. Douglas-Westwood also expects a continued trend toward exploration in ultradeepwaters in depths greater than 2000 m.
Risk-Based Passive Fire-Protection Optimization
Passive fire protection (PFP) has been used as a method to avoid/delay global collapse of offshore installations. Location of PFP is often based on simplistic assumptions, standards, guidance, and methods that do not always consider the real response of the structure to fire.
Flow Assurance -Hydrates and Paraffin Management
As environments become more challenging, the importance and complexity of flow assurance has evolved. To effectively manage flow assurance, oil and gas operators must take a holistic approach, particularly when working in deepwater offshore environments.
ROV Work-Class Operation Expenditure to Grow by 80%
Expenditure is forecast to increase more than operational days because of the move toward deeper waters and more complicated offshore field development programs, which demand higher specification, higher cost ROVs.
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10 January 2019
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09 January 2019
ITEMS OF NOTE
07 August 2018
20 July 2018
16 February 2018
18 December 2017
28 November 2017