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News

E&P Highlights: Nov. 27, 2023

Here’s a roundup of the latest E&P headlines, including contract awards and BSEE’s report on the May 2021 fatality in Eugene Island Block 158 in the Gulf of Mexico.

E&P Highlights: Aug. 21, 2023

Here’s a roundup of the latest E&P headlines including first production from the Marlim and Voador fields offshore Brazil and new contract awards in the upstream oil and gas industry.

Assessing Assets and Charting Corrosion

Vidya Technology’s Digital Fabric Maintenance creates a safer and more efficient way to map out the life of an asset both onshore and offshore.

Tech Trends: Mapping Out the Life of Industrial Assets [WATCH]

In this week's Tech Trends, Hart Energy's Jaxon Caines details Vidya Technology's Digital Fabric Maintenance solution, which uses AI, digital twin technology and reality capture tech to produce real and scalable results for monitoring, inspection and maintenance of assets. 

Baker Hughes to Supply Gas Technology for Equinor’s Offshore Brazil Project

Baker Hughes was awarded a contract by MODEC to supply gas technology equipment for a project under development by Equinor.

Icebreaker: Technology to Mine Fiery Ice Underway

MODEC is working toward a shallow methane hydrate harvesting system operating from an FPSO.

Equinor Inks SURF, FPSO Contracts for $9B Brazil Project

The BM-C-33 project, offshore Brazil, is in 2,900 m water depth — the deepest installation in Equinor’s history.

Exxon-operated Uaru Contracts Awarded

Contracts for the project’s FPSO and subsea equipment and installation were awarded to MODEC, TechnipFMC and Saipem.

Deepwater Roundup: Americas

Here is a roundup of some of the major deepwater projects across the globe. The third in a four-part series, Hart Energy details projects scheduled to come online in the Americas from 2022 through mid-decade.

MODEC Wins FEED Contract for Exxon Mobil Project Offshore Guyana

Targeted to begin production in 2026, MODEC’s contract would be for the fifth FPSO to produce oil from Exxon Mobil’s operated deepwater Stabroek Block.

E&P Highlights: Aug. 8, 2022

Here’s a roundup of the latest E&P headlines including new production and contract announcements from the past week in the upstream oil and gas industry.

Westwood: Record Number of FPSO Licenses Set to Expire in 2022

Analysis highlights opportunity to repurpose FPSOs for marginal field development.

MODEC Unveils New FPSO Designs

MODEC Inc. has developed the MODEC NOAH and M350, next generation new built hulls for FPSO vessels, the company said on Aug. 2.

Platforms Enter A New Cycle

Both the fixed platform and floating production markets are picking up again after serious efforts by operators and contractors to cut costs.