Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…
Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…
Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Production well drilling has started on Statoil's major Johan Sverdrup development offshore Norway. The first of 35 wells was spudded by Odfjell drilling's Deepsea Atlantic semisubmersible drilling rig. The US$13.3 billion first phase…
Since its discovery in 2010, the Sea Lion field offshore the Falkland Islands has been subject to a string of development options. Elaine Maslin looks at Premier Oil’s optimized final plan. Ocean Rig’s Ocean Guardian semisubmersible drilling rig…
Elaine Maslin reports on Saudi Aramco’s work to improve recovery through “smart” completions, thereby simultaneously reducing intervention. Dr Mohamed Nabil Noui-Mehidi speaking at the Society…
Jerry Lee takes a look at recent work conducted by the Colorado School of Mines and the University of Tulsa (Oklahoma) to mitigate gas hydrate formation. Hydrate formation, deposition, and detection…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
BSEE has proposed a new well control rule that the agency says will make operating in the Gulf of Mexico safer. But, the industry disagrees, and now it has two studies to prove it. Audrey Leon sets out the detail. At…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
Not all projects for clients come to fruition, but the work done along the way can lead to greater things as Norway’s Inovatum Lifting is finding out. Elaine Maslin reports. Two 150-tonne INOshackles…
After making a splash on the market with its pinless, wetmate connector Maelstrom in 2013, Elaine Maslin examines how Bergen’s WiSub is upping the game. The Torden pinless wet mate connector. Small…
Juan Carlos Luna discusses the risk, compliance and anti-corruption challenges of doing energy deals in Mexico. Image from iStock. Mexico’s energy reform became law on 21 December 2013…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…