In today’s climate, helping the next generation understand the importance and longevity of the oil and gas industry is more important than ever, says SPE Offshore Europe co-chairman Charles Woodburn. Elaine Maslin explains. Charles Woodburn…
Big data is not just for the seismic segment. Elaine Maslin takes a look at other areas, such as condition monitoring, where the industry could make significant gains. A view of the server room at BP’s Center for High-Performance Computing…
Designing a tightly packed, complex turret system is one thing. Designing so it can be built and then maintained without causing hiccups is another. Carlo Pellegrino of Italy’s RINA Services explains. FSRU Toscana…
A busy week for global news mid-July sent crude prices plummeting. The agreement between the Greek government and European financial ministers left a lingering uncertainty hanging over the Eurozone, with several high profile organizations remaining openly critical of it…
Standardization has been high on the agenda at the Underwater Technology Conference (UTC) in Bergen for the past two years. This year, the focus was “innovating for the next wave.” Elaine Maslin reports on innovations discussed and on show…
London-based, Africa-focused Afren is entering into administration after failed refinancing and restructuring efforts. Image from Afren. The board appointed Simon Appell, Daniel…
BG Group’s revenue and operating income may have decreased in 2Q 2015, but the soon-to-be acquired company has also hit several milestones, including reaching record production levels in two countries. BG's QCLNG pipeline in Australia…
Dolphin Geophysical is acquiring 4192sq km of new Multi-Client 3D SHarp Broadband seismic in the northernmost region of the Norwegian North Sea. The survey targets both open and newly awarded APA acreage. Current acquisition progress stands at 40%…
Trelleborg Sealing Solutions is launching a new online resource for engineers at an international conference next month as part of its “commitment” to the oil and gas industry. The website – ‘oilandgas-seals.com’ provides a comprehensive…
Oil & Gas UK has launched new guidelines to minimize the frequency and duration of planned maintenance shutdowns and to improve the reliability and safety of installations on the UK Continental Shelf (UKCS) as part of the industry-wide drive to improve efficiency…
Marginal field-focused explorer Enegi Oil's joint venture with ABTechnology (ABTOG) has signed a collaboration agreement with global engineering and design consultancy Arup. Arup becomes the latest member of the Marginal Field Delivery…
Eni subsidiary Saipem is implementing a turnaround and US$1.4 million (€1.3 million) cost-cutting program from 2015-2017 that will downsize the company’s Brazilian and Canadian operations, vessels, and implement job cuts. The program also…
OSBIT Power (OP), a leading Northeast England offshore and subsea engineering company, has successfully delivered two well intervention equipment projects, totaling several million pounds, to Helix Well Ops UK for installation on the Q7000…
Oil major Shell today said the oil price downturn could last for several years, as it revealed 6500 expected staff and contractor reductions in 2015, as well as further capital and operational spending cuts. “Operating costs are expected to fall by over $4 billion…
Air Energi launched a dedicated division for permanent workforce solutions and appointed Donna Chapman as vice president to lead the new service stream. Air Energi has been delivering permanent workforce services for several years…