Daily Archives: July 12, 2017

Low motion semisubmersible design broadens deepwater development options

Rate this article The Paired-Column Semisubmersible (PC Semi) is an innovative alternative to the conventional semi. It uses column pairs to increase safety, lower cost, improve project delivery time, and be riser friendly. Thoroughly engineered, model tested, and approved in principle by DNV GL, Atkins’ PC Semi splits the larger single corner column of a…

New concepts, approaches help bring deepwater projects to FID

Rate this article In the midst of the low oil-price environment that began in 2014, the role of deepwater as a significant source of future supply growth has been called into question. This has been primarily driven by factors such as shaky project economics, large upfront capital investments, long-cycle times from discovery to first oil,…

Technology integrator software improves process safety management

Rate this article Fortunately, while the tides of fortune have ebbed in the oil and gas industry, advancements in integrated technology have flowed at an accelerated pace. This bounty in the technology market provides the offshore oil and gas industry with solutions to some of its most pressing concerns regarding major accident event or hazard…

Walkaway seismic-while-drilling operation delineates salt dome

Rate this article For an exploration and production company operating offshore Africa, the decision to use the Baker Hughes SeismicTrak seismic-while-drilling service for a walkaway vertical seismic profile operation enabled successful salt boundary identification in an exploration well while reducing rig time and risk, compared to a conventional wireline operation. Read Full Article Here For…

Rig construction downturn continues unabated

Rate this article A perfect storm has completely crushed the offshore rig construction market. The market downturn and an excess supply of existing rigs has eroded demand for newbuilds significantly. At the moment, a total of 154 rigs are under construction. Jackups make up the vast majority of this set, with 100 units currently under…

Chemical-resistant liner offers new intervention tool

Rate this article Historically, light well intervention systems have used Polyamide lined flexible sections of liner to compensate for vessel motions and equipment placement subsea. As these systems see greater deployment times in the future, the liner used for the flexibles should come under greater scrutiny. In an effort to support such applications Continental/ContiTech has…

Rigless technologies are re-shaping the subsea well intervention market

Rate this article In pursuit of a safer and more cost-effective best practice approach to liquid-based rigless/riserless interventions, the oil and gas industry is engaged in a growing movement to identify new techniques and technologies that can help it to maximize revenues from existing brownfields and new assets by enhancing their output. Read Full Article…