Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…
Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Polarcus recently completed its first commercial project offshore Australia utilizing the revolutionary XArray in a five source configuration known as Penta source. With XArray Penta source we are achieving unparalleled data density at 6…
Gregory Hale discusses how operators can get more out of their current assets, and add more to the bottom line. All images from Honeywell. Systems on a platform floating in the…
Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…
Jerry Lee speaks with Olga Koper, business lead for Energy at Battelle, to find out more about the company’s corrosion resistant coating, which seeks to “heal” cracks in pipelines. Koper. Battling…
US Bureau of Safety and Environmental Enforcement Director Brian Salerno testified today (1 December) before a US congressional committee on Energy and Natural Resources defending a new well control rule, 30 CFR Part 250 released earlier this year…
Athens Group’s Daniel Marquez discusses why new 20K control systems require a new approach to specification, acquisition, operation and maintenance procedures. Acquisition, operations, and maintenance…
Using steam to help increase oil recovery, particularly from heavy oil, is a well tried and tested technology, but not quite so offshore. Elaine Maslin looks at a bid to change that. Images from The Steam Oil Production Co…
Accredited well control training provider, Well Control School (WCS), has relocated its training center in Lafayette, Louisiana to 425 Settlers Trace Boulevard. WCS will hold its first classes in the new center on 30 November, 2015. The…
Barge Master launched its motion compensated gangway. The model 3.0 compensates vessel motions in significant wave heights (Hs) up to 3m by actively telescoping, slewing and luffing the bridge. Tip compensation allows for landing on an offshore facility…
The International Association of Drilling Contractors (IADC) announced the resignation of Stephen A. Colville as president and chief executive officer and the appointment of Jason E. McFarland as interim president, effective immediately. McFarland is a 20-year veteran of the IADC…
Walter Oil & Gas announced the installation of the recently completed Coelacanth Field platform at Ewing Bank Block 834 (EW 834) in the Gulf of Mexico. Image of Coelacanth Field’s platform heading to sea…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
Weatherford International has announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand. The HeatWave Extreme service includes a logging-while-drilling (LWD) tool string capable of withstanding temperatures of up to 410˚F (210˚C)…