Condition based maintenance has the potential to deliver data-driven value to offshore operations on two major conditions—that the data leveraged is of high quality and that decision makers are willing to accept risk.
Approval of the Vineyard Wind project, which will be located off the coast of Massachusetts, is a significant milestone in the more than decade-long effort to permit a commercial-scale offshore wind project in U.S. waters.
The Israeli energy ministry said all of Israel’s energy needs will continue to be met despite the shutting down of Tamar.
The move, announced in the government’s 2021-22 budget late May 11, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month.
In his appointment, Bernie G. Wolford Jr. succeeds Marc Edwards, Diamond Offshore’s former chairman, president and CEO who retired from the company following its emergence from Chapter 11 bankruptcy last month.
The Leopard well hit more than 600 ft of net oil pay at multiple levels, Shell said.
TGS, a global provider of energy data and intelligence, said on May 10 it has commenced acquisition on Santos multiclient 3D Phase 4 survey offshore Brazil.
The platform has the capacity to process 180,000 barrels of oil per day and 7.2 million cubic meters of gas per day, Petrobras said.