The pre-salt Tupi field may claim most of the interest when it comes to oil activity offshore Brazil, but plenty is going on along the large country's coastline. In the last two months, Petrobras has brought online two fields, updated its files…
BP in late August was in the final stages of permanently plugging the deepwater Gulf of Mexico Macondo exploration well, which spilled nearly 5 million barrels of oil between the 20 April blowout that destroyed the Deepwater Horizon rig and mid-July…
Matthew Simmons, an energy investment banker and peak oil alarmist who in recent years was a strong advocate of renewable energy, died on 8 August at his home near Rockland, Maine. He was 67.In the 2005 book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy…
LOCH NESS SITING:AWS Ocean Energy began testing a 1/9th scale prototype of its new AWS-III wave energy device in Loch Ness. The device is a ring-shaped multi-cell floating power system that, at its full 60m-diameter scale, will be capable of generating up to 2…
Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…
Non-productive time (NPT) associated with control systems software and hardware integration remains a significant drain on high-spec offshore asset costs, according to a study released last month.The study, by the Athens Group and ModuSpec,…
In 2007, OGX was but a dream of Brazilian entrepreneur Eike Batista. In the course of three short years, the company secured financing for leases, bid on and won shallow water blocks, secured drilling rigs, hired about 150 staff, tallied six…
The trend toward putting more and more production equipment on the seabed – and in increasingly deeper waters – strongly challenges the offshore construction industry to continuously improve their ability to perform such activities in a safe and cost-effective manner…
All energy industry eyes will be on Houston the first week of May, when the 41st annual Offshore Technology Conference gathers at Reliant Park. OE takes a look at what’s in store for delegates.The past couple of years have been tumultuous ones for the oil & gas industry…
To share industry knowledge concerning the latest developments in emergency preparedness for subsea pipelines, TDW Offshore Services AS hosted its first pipeline conference in Stavanger, Norway. OE reviews some of the key issues and talking points…
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