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Billiton Petróleo Operaciones de México (BHP) awarded a contract to McDermott International to provide pre-front-end engineering design (pre-FEED) services for a floating production unit (FPU) that will be installed in a water depth of approximately 8,200 ft (2,500 m) at the Trion field, located approximately 19 miles south of the US/Mexico border and approximately 112 miles from the Mexican coastline. The scope of the contract, worth between $1 million and $50 million, includes engineering tasks related to the configuration, sizing and preliminary analysis of the FPU, including topsides, hull, risers, and mooring. The project will also begin immediately with completion projected in the third quarter of 2020. The contract award will be reflected in McDermott's first quarter 2020 backlog. McDermott said it will work in partnership with Houston Offshore Engineering (HOE) and Wood on the pre-FEED, with McDermott's Houston office leading engineering services along with its Mexico City office, and HOE and Wood providing engineering for the hull and topsides, respectively.
BHP awarded McDermott International a contract to provide a marine installation campaign for the Shenzi subsea multiphase pumping project in the deepwater US Gulf. The Shenzi development comprises approximately 15 subsea wells located across Green Canyon blocks 609, 610, 653, and 654, tied back to a tension-leg platform (TLP) hub in a water depth of 4,400 ft. The scope of the contract includes project management; detailed design and fabrication for a pump station suction pile; umbilical installation and flexible jumpers and flying leads installation; transport of all materials and equipment; and precommissioning services and other necessary testing and surveys. The $150-million subsea pumping project will allow for increased recovery from existing wells, with the operator anticipating an additional 4,000 B/D. "McDermott's North Ocean 102 vessel is uniquely qualified to transport and install the materials and equipment for the Shenzi project scope--as well as perform precommissioning testing and other necessary surveys to safely deliver for the customer," said Mark Coscio, senior vice president for McDermott's North, Central and South America region.
The opening of Mexico's oil and gas sector was a landmark moment in the industry, but despite the potential upside, the uncertainty and risk surrounding unfamiliar offshore territory in a volatile price market kept many potential investors at bay. Today, more than a year after the first auction of -shallow-water blocks, operators have a better idea of what to expect from Mexican authorities, but there are still questions left to be answered with more public bids on the horizon, an expert said. In a presentation held by the SPE Gulf Coast Section's International Study Group, Loren Long discussed Talos Energy's decision to bid on Mexican shallow-water leases, its -experiences operating in the country, and his outlook on upcoming auctions. Long is the managing director for Talos' Mexican operations. Talos, in a consortium with Mexican company Sierra Oil and Gas and British company Premier Oil, won two contracts during the first phase of the initial round of auctions, held on 15 July 2015.
The challenge for nanotechnology-based nano form "all their properties change more cash on advanced fluid technologies drilling fluids is that in order to gain and it's almost as if you're looking at a and a lot less time remediating the acceptance, they cannot simply match completely different material--but more issues mentioned above. The nanoparticles to form a thin, yet durable, insisted Forsyth. "But if you lose a couple 4-year-old firm is now in the early stages filter cake around the inside of the of days on a job where you're drilling of commercializing its nanoparticle wellbore. This action takes place within 3500 m, that's going to amount to a lot additive that it says is compatible with all minutes of introducing the nanoparticles more money than your fluid losses." He added that the company can Based on results from nine pilot wells As the particles move into the small redesign the shape, size, and function and an independent study by the University pores and fractures of ...
Mexico's historic public tender for its deepwater real estate resulted in the awarding of eight out of 10 blocks on offer. Held last December in Mexico City, the event marked the fourth and final auction of the country's Round One, which reopened doors to foreign oil and gas investment for the first time since the country's energy sector was nationalized almost 80 years ago. The awarded blocks went to 13 companies whose exploration and production operations are expected to generate around USD 34 billion over the next 15 years. The winning bids also committed to drill at least eight deepwater wells. All four blocks offered in the deep water Perdido area were awarded, including two to Chinese Offshore Oil Corporation (CNOOC) and one to a consortium of Chevron, Pemex, and Inpex--Japan's largest oil company.