Yinson Loses $1-Billion FPSO Charter for Vietnam Project
Amidst a conflict between Vietnam and China over the South China Sea, the Malaysian company’s 10-year deal to supply an FPSO for the Ca Rong Do offshore field is now history. Repsol, the operator of Ca Rong Do, suspended the project last year in the wake of government pressure.
Kvaerner Eyes Boost in FPSO Construction Contracts
As part of a plan to increase revenue to more than $1 billion by 2023, the engineering and construction company is moving away from large offshore platforms with fixed substructures, saying that it expects to win and execute a series of FPSO projects in the future.
GE Closes Sale of Baker Hughes Shares
As part of a deal that could net up to $3 billion, GE will lose majority control of Baker Hughes just two years after it acquired the oilfield service company.
Perenco Receives Approval for Pickerill Decommissioning
With production declining and a nearby terminal closed, UK authorities have given the nod for decommissioning to begin on the aging North Sea gas field. Perenco has been in operation since 1992, with Perenco taking over as operator from BP in 2003.
BP Completes North Sea Drone Methane Monitoring Pilot
The pilot utilized sensor technology originally deployed by NASA for the Mars Curiosity Rover to collect methane emissions data live-streamed from a drone. BP said it plans to deploy the technology to all of its North Sea assets, including ETAP and Glen Lyon, in 2020.
SeekOps Secures Venture Funding To Scale Drone-Based Emissions Systems
Equinor Technology Ventures and OGCI Climate Investments have agreed to back the tech developer, which integrates its SeekIR miniature gas sensors onto drones to detect, localize, and quantify carbon emissions.
CONTRACTS AND AWARDS
McDermott To Provide Modules Fabrication for Arctic LNG 2
17 Sep 2019
McDermott said that its Chinese joint venture, Qingdao McDermott Wuchuan Offshore Engineering, has w ...
JFO Wins Middle East Decom Support Work
13 Sep 2019
James Fisher Offshore (JFO) has won a decommissioning project in the Middle East, a deal that covers ...
PROJECT AND MARKET TRENDS
Operating Excellence Through Benchmarking in Upstream Operations
As companies have focused on giant capital investments onshore and offshore to drive growth, they have often focused less on field operations, especially OPEX. This represents an enormous opportunity to address profit squeeze by improving overall cost efficiency in oil and gas projects.
SAVVY SEPARATOR SERIES
The Savvy Separator: Lessons for Installation of Separator Internals
Process design of separation internals is just one step in improving the vessel performance. Just as important are the support design and installation steps. These lessons learned help to guide good off- and on-site planning to minimize separator turnaround.
Savvy Separator: 5 Lessons To Simplify Separator Troubleshooting
Troubleshooting and solving separation problems takes a combination of analytical tools, experience, and a knack for investigation. These 5 lessons provide a starting point for assessment.
TECHNICAL PAPER SYNOPSES
My Picks for Read and Learn: The Role of Culture, Choices, Human Factors, and Fatigue in Safety
Safety depends on developing a dedicated culture mind-set and mitigation of risks, from the planning and engineering phases to the work site. These papers selected by OGF technical paper editor Gerald Verbeek present various practices for reducing and eliminating the number of incidents.
Stopping the Blame Game in Safety Incidents
For employees to report on safety incidents, there must be a ‘just culture,’ where issues can be discussed freely and underlying causes investigated and corrected without fear of punitive actions.
Managing Fatigue To Reduce Risk and Improve Work Culture
Companies in the petroleum industry, from exploration and production, to transportation, refining, and distribution, operate around the clock. This paper intends to raise awareness on the impact of fatigue in the petroleum industry and recommend a framework for fatigue risk management.
Integrating Human Factor Engineering in Construction and Fabrication
This paper describes an operator’s experience with HFE during the construction and fabrication/installation phase of projects, including welding during the fabrication of buoyancy tanks, emergency preparedness, and the use of 3D model walk-throughs.
Safety Campaign Reduces Dropped-Object Incidents
The emotional involvement of participants during the initial phase of a safety campaign increases implementation effectiveness significantly. In this case, a film guides the audience to make positive, personal choices whenever planning and operating a work at height.
Don't miss out on the latest technology delivered to your email every two weeks. Sign up for the OGF newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
Freeport LNG Launches Private Cargo Trading Storefront
The virtual storefront will allow Freeport LNG to match physical, bilateral transactions with potential offtakers in a variety of trading formats. It is expected to launch this November.
Nigeria LNG Nears FID on Train 7 Project
After failing to meet a previous 2018 deadline, the owners of the Bonny Island plant say they are close to sanctioning the expansion project following the signing of a letter of intent to a consortium of Saipem Chiyoda and Daewoo for EPC services. Train 7 is expected to add 8 mtpa to Bonny Island’s
Novatek Sanctions Arctic LNG 2 Project
With a production capacity of nearly 20 mtpa, Wood Mackenzie says the project would be the largest single project to reach FID. Novatek plans to spend more than $21 billion to launch the project at full capacity. Startup is scheduled for 2023.
Main Topsides Lifted Onto Leviathan Platform
One of the largest deepwater gas discoveries of the past decade moves closer to its expected startup at the end of the year, as 24,500 tonnes of topside units have been installed on the Leviathan platform offshore Israel. Operator Noble Energy expects to produce up to 1.2 Bcf/D from four subsea well
UPCOMING EVENTS / WEBINARS