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Monday, 08 January 2018 04:54

Gas focus for 2017 UKCS exploration

A 10-year low in oil discoveries in Norway in 2017 doesn’t deter an expected increase in drilling in 2018, whilst…
Wednesday, 03 January 2018 00:00

ROV market outlook

The ROV market isn’t out of the woods yet, with plentiful supply in the market dampening any perceived uptick in…
Published in OE: 2018 / January
Global high-impact* exploration in 2017 is expected to match 2016 in both activity and success rates, and with a marked…
Friday, 10 November 2017 02:46

2017 turnaround for FPS segment

The floating production systems (FPS) has seen a return to activity in 2017, says analysts Westwood Global Energy Group.  The…
Monday, 30 October 2017 00:00

Fixing floaters

Clement Mochet, of Vryhof, discusses ways to bring down the costs associated with floating wind projects. WindFloat project, offshore Portugal.…
Published in OE: 2017 / November
Thursday, 07 September 2017 00:21

OE17: A viable FPS future?

The floating production systems (FPS) market has been heavily impacted by the oil price downturn. Orders declined significantly from 17…
Wednesday, 06 September 2017 00:58

OE17: A subsea recovery?

In a sustained low oil price environment, operators are facing increased pressure to reduce costs and minimise risk when making…
Statoil and partner Husky Energy have failed to discover hydrocarbons in the Flemish Pass Basin, offshore Newfoundland, the Norwegian giant…
Published in OE Daily: 2017 / July
Saturday, 01 July 2017 00:00

Efficient winds

Westwood Global Energy Group’s Marina Ivanova sheds light on the global offshore wind market. Source: Westwood Global Energy Group. Westwood Global…
Published in OE: 2017 / July
The key to governing a late life oil province like the North Sea is getting the balance right between initiatives…
Published in OE Press: 2017 / June
Wednesday, 10 May 2017 11:06

WGEG predicts bright global outlook

In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with…
Published in OE Press: 2017 / May