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Joining the dots

May 01, 2016

While it offers a theoretically coherent concept, subsea processing can seem fragmented. Elaine Maslin spoke to Intecsea about how the company views the broader picture.   Statoil’s Åsgard project…

Drilling on a global scale

May 01, 2016

Weatherford’s Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a last resort for wells defined as undrillable…

Strength in monitoring

May 01, 2016

Structural integrity monitoring should be a lifecycle tool and could make jackup moves safer. Meg Chesshyre reports from Oceanology International. Jackups. Photo by staff.  A…

Survive to thrive

May 01, 2016

Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…

Balmoral releases HT thermal insulation systems

Apr 29, 2016

Balmoral Offshore Engineering has introduced a range of high temperature thermal insulation systems suitable for use on subsea Christmas trees, manifolds, spool pieces and jumpers, etc. High temperature-rated silicone, urethane alloy…

OTC16: Bosch Rexroth to showcase latest drives solutions

Apr 29, 2016

Bosch Rexroth will exhibit its latest marine and offshore technologies at booth 4416 during Offshore Technology Conference (OTC) at NRG Park in Houston, 2-5 May 2016. Visitors will have the opportunity to learn more about Rexroth’s technologies…

OES, SCM join strategic partnership

Apr 29, 2016

Strategic Corrosion Management (SCM), an asset integrity firm, has joined with OES Oilfield Services Group, an oilfield inspection company, in a global strategic partnership, which will integrate the companies’ RISCm (Risk, Integrity, and…

Fugro to cut 600 jobs, stack and retire vessels

Apr 29, 2016

Fugro will further reduce its workforce by an additional 600 jobs this year, as the company reported a 23% decline in revenue in Q1, and announced plans to stack and retire vessels. Image from Fugro…

Helicopter crash kills 13, Norway

Apr 29, 2016

UPDATE: According to Reuters, Statoil restarted production at Gullfaks B, as of 2 May, following a helicopter crash that killed 13 people. Read the latest here Statoil has released the names of several offshore workers who died on Friday…

Chevron takes big loss in Q1

Apr 29, 2016

US supermajor Chevron has taken a big fall in Q1 2016, reporting a loss of US$725 million, compared to earnings of $2.6 billion in the same period last year. Image of Jack/St. Malo, from Chevron…

Conoco cuts deepwater GOM drilling plans

Apr 29, 2016

ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending.  The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…

Ivar Aasen topsides sailaway due early June

Apr 29, 2016

Key activities for the Ivar Aasen project are progressing according to plan and budget with first oil scheduled for Q4 2016, Det Norske said this morning. Topside construction at SMOE's yard in Singapore is now 98% complete, with sail-away from Singapore scheduled for the first week of June…

Premier completes E.ON deal

Apr 29, 2016

UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…

Global, Eco receive Namibia extensions

Apr 29, 2016

Two Namibia focused explorers have been granted permission to move into their next phases of exploration on blocks offshore Namibia by the country's authorities. Eco Atlantic has been allowed to move forward on licenses PEL 030 (Cooper Block)…

Schlumberger drops out of Fortuna LNG

Apr 29, 2016

Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea.  Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…

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