Woodside Invests in Blue Ocean Seismic Services

Woodside has signed a Shareholders Agreement with Perth-based Blue Ocean Monitoring (BOM) to invest in Blue Ocean Seismic Services (BOSS).

BOSS is developing an innovative solution that has the potential to make ocean bottom seismic data acquisition cheaper and more accessible, the company said.

Seismic data is critical for understanding geological formations and the nature of hydrocarbon resources that may be contained within them. Current methods use remotely operated vehicles to place nodes on the ocean floor that capture and record soundwaves.

The concept was jointly developed by Woodside and BOM and focuses on using Autonomous Underwater Vehicles (AUVs) in place of remotely operated vehicles. The AUVs are small submarines that are preprogrammed to self-deploy to the ocean floor and reposition multiple times.

Subject to satisfaction of conditions precedent, Woodside will take a 35% shareholding in BOSS.

Woodside executive vice president Sustainability Shaun Gregory said: “The use of AUVs is a priority in our technology strategy, and has global applications. We see ocean bottom monitoring playing an important role in helping us to understand more complex geological settings.”

Simon Illingworth, Blue Ocean Monitoring’s managing director, added: “It has been a pleasure collaborating with Woodside over the last two years on this project. Woodside is committed to investing in innovative and disruptive technologies in the oil and gas industry, whilst striving to continuously improve safety. We look forward to continuing to develop this promising technology with Woodside’s support.”

The project participants are focusing on small sea trials in 2019, ahead of the first seismic test in early 2020.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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