With oil prices depressed, Greg Hale argues that automation could make a much needed difference in the offshore industry. The scenario is set and it is time for everything to play out: automation can come to the rescue of the offshore oil and gas industry…
EMAS AMC’s flagship vessel, the Lewek Constellation, is close to completion at Huisman’s yard in Schiedam, Netherlands. Image from EMAS. The latest addition to EMAS AMC’s fleet has…
Peter Beales discusses the dangers of neglecting software integrity What constitutes an “asset” in the oil and gas industry? The obvious spring to mind: vessels, pipelines, and generators, for example. Few of us, however, would immediately think of invisible assets…
Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…
Aqualis ASA and Tristein AS have merged into Aqualis Offshore AS. Aqualis ASA acquired Norwegian company Tristein AS in April 2014. Tristein has since operated as a stand-alone entity as part of the Aqualis Group. Now the company is…
Teledyne Technologies has acquired Aberdeen-based Bowtech Products through its UK-based subsidiary. Bowtech designs and manufactures harsh underwater environment vision systems. Founded in 1989, Bowtech is a leading supplier of rugged…
Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…
Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell. The decommissioning program will begin with the Brent Delta platform…
Ekofisk is an iconic field, but its uniqueness gives operator ConocoPhillips some specific challenges around subsidence. Elaine Maslin reports. The Ekofisk Complex. Photo from ConocoPhillips Norge…
A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…
Sending electricity to offshore installations from onshore has been proven on the Norwegian Continental Shelf, but cost is a factor. Elaine Maslin reports. Total’s Martin Linge development. Image from Siemens…
Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA. Mozambique’s…
There can be little doubt – either for us as energy professionals in the sector, or anyone who has picked up a paper over the last few months – that the UK oil and gas industry is facing a serious challenge. Mike Tholen…
Kuwait Petroleum Corp.'s (KPC) CEO today said the company would be increasing output, a move he says will put pressure on deepwater projects as well as the likes of onshore oil sands and expensive unconventional projects. Nizar Al-Adsani said the market…
Oil and gas industry sentiment in the UK plunged dramatically in Q4 2014, according to the results of a survey published today. Oil & Gas UK’s Business Sentiment Survey says optimism in the oil and gas industry fell 16 points to -23 points on a -50/+50 scale…