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…
Weather is a major factor when planning offshore drilling campaigns. Asbjørn Stålesen of FMC Technologies says the company's Real Time Operating Limits system has allowed it to increase the time available for carrying out drilling work.The biggest…
With a major Russian Arctic contract already in the bag for next year, the Tideway Group is looking at early payback on its €115 million investment in the industry's first ice-class fallpipe rockdump vessel.Dubbed Flintstone, the DP2 vessel…
OE 's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 76%, near the top of a 74%-76% band that it has traversed over the past 11 months…
The last couple of years have seen fairly lean pickings for offshore fabricators in the Netherlands and on the UK east coast. But for one Dutch yard, paradoxically, things could scarcely have gone better.HSM in Schiedam, already sitting on a…
Wave and tidal energy specialist Marine Current Turbines and its project partners Queen's University Belfast, Mojo Maritime and Edinburgh University, have secured a grant of £250,000 from the UK's Technology Strategy Board and the Engineering…
With holding power over 100 times their own weight as well as clear economic advantages, the first drag embedment anchors made quite a splash in the offshore industry in the 1970s. Yet some project engineers still feel more comfortable with…
Within days of sister company Heerema Fabrication Group handing over the largest offshore deck ever built in the Netherlands, Heerema Marine Contractors was announcing plans to diversify its installation fleet with a multirole monohull vessel…
The first half of 2010 saw 118 new offshore wind turbines fully connected to European grids according to the latest statistics from the European Wind Energy Association (EWEA).Those 118 turbines have a capacity of 333MW – well over half the…
BP's Gulf of Mexico oil leak is an unmitigated disaster, not just because of the amount of oil that has to be skimmed, the oil-soaked birds that have to be cleansed and the beaches that require purification. It has allowed an Obama administration…
Subsea installation of the world's largest test facility for wave energy technology was imminent as OE went to press, with the loading of the UK South West Regional Development Agency's pioneering Wave Hub and its 25km power cable onto a cable…
Four of the largest oil companies have pledged $1 billion to build a rapid response system designed to capture and contain oil in the event of another Macondo-style blowout in the deepwater Gulf of Mexico.In a July 21 joint announcement, Chevron…
Unfair though it may seem, it is conceivable that the Macondo incident will have at least as damaging and persistent an impact on the offshore industry as Chernobyl does on the nuclear power industry. Professor Andrew C Palmer explains why.On…
Having enjoyed the occasional taste of EPC responsibility in recent years, Van Oord Offshore is looking for much more of the same. Although perhaps best known for its rock installation muscle as a subcontractor to the likes of Saipem and Allseas…
Having repositioned itself during the 2009 downturn, Aberdeen-based consultancy Altra Energy recently joined forces with offshore contractor SLP North Sea to secure its first full-scope engineering assignment – for a new satellite production…
Subscribe
