Tag Archives: OTC

Shell Works to Develop Deepwater Gulf Fields

April 2016, Vol. 243, No. 4

With one ultra deepwater floating production, storage and offloading (FPSO) vessel on location and scheduled to come onstream before yearend and a second semi-submersible host platform under construction, Shell is gearing up to increase its deepwater production in the Gulf of Mexico. Construction was recently completed on the Turritella FPSO for the Stones field, an ultra deep water oil and gas development that will host the deepest production facility in the world. The FPSO for the Stones field set sail from Singapore in November, en route to its final destination in Block 508 in the […]

Global Deepwater Pipeline Installation Feeling Effects of Delays

April 2016, Vol. 243, No. 4

Quest Offshore’s subsea and deepwater outlook expects world deepwater pipeline demand to decrease in 2016 and 2017 due to the delay of startups as operators conserve cash flow and try to lower development costs. West Nile Delta, Shah Deniz Phase 2, Bardegg 2, Baronia EOR and Rota 3 Pipeline installations are the contributors to the significant increase in the 20-24-inch category for 2016. The North Sea is expected to see a dip in installation activity through 2017 before recovering in 2018. Statoil’s Johan Sverdrup project will contribute to the recovery in 2018 and recently awarded […]

2016 Offshore Technology Conference Highlights

April 2016, Vol. 243, No. 4

The Offshore Technology Conference, (OTC 2016) – where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources – will be held May 2-5 at NRG Park in Houston. The event is the world’s largest meeting place for offshore energy resource development with an estimated 90,000 industry leaders and buyers expected to participate in technical sessions, workshops and networking events. OTC is sponsored by 13 nonprofit organizations in the energy industry which combine to develop the technical program. Revenue from OTC directly benefits members of these societies who […]