The ocean energy industry is still at a nascent stage, but burgeoning support in a few key markets, diverse resource potential and maturing technology are boosting the industry’s prospects for growth. That’s the verdict of a new IHS emerging energy research market study…
Aker Solutions has started a six-month integrated operations pilot with Danish operator Dong on the Trym field, an industry briefing in London heard recently. Meg Chesshyre reviews the status of this and other developments on the Aker technology horizon…
There were echoes of the UK’s Dragon’s Den and its US reality TV brethren Shark Tank when the great and the good of the private equity world gathered in Aberdeen last month to sample the wares of would-be oil & gas sector high fliers.The occasion…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.com Worldwide utilization for the mobile offshore drilling fleet has averaged 74% over the last two months. Of late the global utilization rates…
Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration…
Drilling at the Peró and Ingá prospects in block BM-C-40 and the Santa Helena prospect in BM-C-31 has turned up hits for Brazilian relative newcomer OGX. The operator has been focusing on shallow water opportunities (OE April) and has exploratory…
Macondo mattersSir, OE's article by Ian Fitzsimmons on preventing future Macondo spills [‘Macondo and other titanic struggles', OE July] was excellent and I distributed a copy to my colleagues both in EIA and DOE. The recommendations made…
Brazilian operator Petrobras expects to initiate production from a new reservoir to existing facilities in Modules 1 and 2 of its deepwater Marlim Sul field this summer and bring a third module onstream via the P-56 semi early next year. Asset…
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…
In October 2008, 37 years after its discovery, the Angel field began producing to a not-normally manned platform. In the ensuing 18 months, this platform offshore Western Australia has seen 98% uptime. Jennifer Pallanich discusses the A$1.6…
Operating in the marine seismic environment requires the ability to constantly adapt and chase down the opportunities. Andrew McBarnet describes how fortunes tend to favour the big rather than the brave.It’s business as usual’ has got to be something of a misnomer in commercial life…
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…
With Gorgon, Pluto and other major LNG developments creating boomtown conditions in the Western Australian capital of Perth, this month’s Australasian Oil & Gas show looks to be in the right place at the right time.Perth is certainly the place to be for Australian and other offshore operators…
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…
Elastomer seals and their wear can tell the offshore equipment maintenance engineer a lot about how well equipment is operating and provide early warning of potential problems. By visually examining the seals as part of a preventative maintenance schedule…
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