Oil & Gas News

The next MTS Houston Section luncheon presentation will be held on August 23, 2018 and will feature a presentation by Dr. Niall McCormack, who leads BHP’s worldwide petroleum exploration campaign with a current focus on execution and a concentration on areas with Tier 1 potential. Dr. McCormack will present Mexico and Gulf of Mexico – More than 100 years of production. 1,000,000 wells drilled; 50,000 drilled offshore; 3,500 wells in deepwater.

McDermott International, Inc. announced a sizeable* contract award by PEMEX Exploración y Producción for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico.

Kvaerner has delivered yet another steel substructure for the largest industry project of our time, the Johan Sverdrup field. This is the third of the three jackets Kvaerner delivers for phase 1 of the project. All platform substructures are delivered at the appointed time. During the project, Kvaerner has improved the process for this kind of deliveries, thus new substructures can now be delivered at a cost even lower than in 2005.

The contract with Shell involves a team which will deliver an integrated verification and class project for the operator's Penguins floating production storage and offloading (FPSO) vessel.

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