Gregory Hale looks at how automation capabilities are removing guess work and allowing for real-time decision-making. The architecture for an automated rig allows for portable, machine independent…
A new offshore play is emerging in the oil and gas exploration business – deepwater contourites. Elaine Maslin spoke to Professor Dorrik Stow about what and where they are and how they were found and how scientific deepwater drilling is helping to unlock their secrets…
Technip Umbilicals Ltd. and Angoflex Ltda., Technip subsidiaries, have been awarded a contract by Eni to supply umbilicals to the Block 15/06 East Hub Development offshore Angola. This field is located approximately 350km north of Luanda…
Statoil, operator of production license 169, has concluded the drilling of wildcat well 25/11-28, 13km south of the Grane field in the North Sea. The well is dry, according to the Norwegian Petroleum Directorate. The objective of the…
Gregory Hale shows how web-based software utilizes high definition photos and video to extend the life of aging assets. Screen capture of a web-based software solution that utilizes high definition photo and video technologies…
Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia. The delivery includes hardware for four subsea wells…
Gregory Hale explains how avoidable downtime costs producers billions of dollars every year, with equipment failures being the most common culprit. Engineers remotely monitor all aspects of oil production…
Nanotechnology is a wide and growing field being researched and developed by both academia and industry alike. Elia Barnett spoke with researchers at University of Houston, Rice University, and Halliburton to see how far the technology has come…
Audrey Leon spoke to Rustom Mody, Vice President and Chief Engineer, Baker Hughes Enterprise Technology, to learn more about the company’s research and development of nanotechnologies. Inside the Baker Hughes nanotechnology lab…
When the oil price drops, people want to know how long the decline will last and when it will go back to “normal.” Audrey Leon reports on how market watchers and researchers tried to make sense of the downturn at this year’s SPE Offshore Europe conference…
Shreeram Lom, Aaron Rampersad, and Juan Martínez, of Repsol, discuss the Perla field development, which came online offshore Venezuela in July. Fig. 1: Topside. Images from Repsol. The Perla field…
Today, deepwater reserves are a key part of the world’s oil and natural gas needs, accounting for roughly 11% of global production. Over the past five years, two-thirds of discoveries occurred in deepwater, and Brazil has been the preeminent site of this trend…
Despite a current pause in commitments to new projects, the capital expenditure (capex) for FLNG vessels is expected to amount to US$35.5 billion over 2015-2021, says a new report by Douglas-Westwood (DW) entitled 'World FLNG Market Forecast 2015-2021…
Deloitte’s survey of oil and gas operators and oilfield services companies has found that a lack of effective supply chain collaboration means companies are missing out on maximizing the potential value from the UK Continental Shelf (UKCS)…
Dallas-based Kosmos Energy entered into a deal with Atwood Oceanics that will see the exploration and production company get an extension, and a reduced rate for the Atwood Achiever ultra deepwater rig for operations offshore Northwest Africa…