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The Offshore Frontier

Xvision Software launches first cloud-based technology to digitize offshore field development

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Xvision Software has launched FieldAP, the first 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. The online tool is capable of accelerating project timelines by up to 80%, especially during the early concept and FEED phases. These time savings can drive cost savings as high as 70% across the life of the project. FieldAP uniquely brings all offshore field development project data – assets and activities, both subsea and topside – into plain sight through easy-to-understand online 2D/3D visualizations. The tool’s digital working environment also provides the power of real-time multi-location collaboration, allowing users a lower risk of communications errors, reduced costs in the ...

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Keppel FloaTEC secures engineering, construction support services contract for first TLWP in Vietnam

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Keppel FloaTEC, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract worth about $40 million from PTSC Mechanical & Construction (PTSC M&C) to provide engineering, technology and construction management support services for the Repsol Ca Rong Do Tension Leg Wellhead Platform (TLWP) to be built in Vietnam...

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BP takes leap forward in seismic imaging technology

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BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico (GOM). As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago. The innovation has enabled BP to enhance the clarity of images that it collects during seismic surveys, particularly areas below the earth’s surface that complex salt structures previously obscured or distorted. The sharper seismic images mean that BP can drill new development wells in deepwater reservoirs with higher confidence and accuracy. “This technological breakthrough has essentially allowed our team to ...

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First oil flows from the Flyndre field

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Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea. First oil began to flow on 26 March, traveling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform. Production from the Flyndre field is expected to peak at 10,000 barrels of oil per day, with the field expected to produce until at least 2023. As well as today’s new production, Maersk Oil continues to focus on the North Sea region, where it is delivering value from a substantial producing asset base and major new developments such as the Maersk Oil-operated Culzean field on the UK Continental Shelf and the company’s stake in Norway’s Statoil-operated Johan Sverdrup field. Gretchen Watkins, Maersk Oil CEO, said, ...

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