More than 40% of drilling problems occur during offshore operations, significantly increasing non-productive drilling time and therefore cost. As oil operators move towards more complex drilling environments, they find themselves exposed to high risk…
Tanzanian Petroleum Development Corp. (TPDC) awarded ION Geophysical Corp. a contract to acquire 4058km of 2D seismic, gravity and magnetic data over offshore blocks 4/1B and 4/1C in the Rovuma Delta region. The award follows an international tender…
Aker Solutions is set to cut 500 permanent positions in its Norwegian subsea business that the company is attributing to the continued slowdown of the market, adding to the nearly 200 job reductions the company announced earlier this year…
After Mexico’s historic energy reform, many have high hopes for the country’s oil and gas sector. But, the first offshore bid round was a disappointment with only two of 14 areas being awarded. Audrey Leon examines what the country has learned…
Statoil’s largest ever steel jacket has been laid to rest on the sea bed 150km east of the Shetland Isles, marking a major milestone in the Mariner heavy oil field development. The 22,400-tonne mariner jacket, which stands some 134m high…
Faroe Petroleum has agreed to buy UK explorer Roc Oil GB, including its 12.5006% stake in the North Sea Blane field and a 12% interest in the Enoch field, also in the North Sea for up to US$20 million. Roc Oil GB is a subsidiary of Roc Oil Company…
DONG Energy and ESG have just completed what they have described as the largest testing of wind turbine piles completed. DONG Energy and ESG tested 28 piles on two different onshore sites in order to assist the development of new design methods for offshore wind farms…
Singapore-based Sembcorp Marine has won the engineering, procurement and construction contract for Maersk Oil's US$4.5 billion Culzean development in the North Sea. Under the $1 billion contract, the firm's subsidiary SMOE will build the development's central processing facility…
Subsea 7 has been awarded a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil worth more than US$150 million for the Culzean development. The ultra-high-pressure, high-temperature field, one of the largest gas discoveries offshore UK…
Global FPSO orders have fallen off a cliff in 2015. But, SBM Offshore is weathering the storm and there’s more to the company than FPSOs, says its Schiedam managing director. Saskia Kunst, Managing Director of SBM Offshore’s Dutch base in Schiedam…
Getting to grips with the condition of older assets can be a difficult task. Stefano Copello outlines RINA’s approach to revitalization. The re-used jacket of the Nenè platform, owned by Eni Congo…
Assumptions around tidal arrays need to be rethought, according to Professor Stephen Salter. Emma Gordon reports. Image from iStock. The renewables industry needs to contest the…
Audrey Leon spoke with Infield Systems’ analysts James Hall and Wei Liu to get the bigger picture. According to Infield Systems, the offshore pipeline installation market over the next 12 months will be challenging. Infield has revised…
High oil prices in a mature basin led to a tight market and cost escalation. With low oil prices, the industry is working hard to rein in spending. Elaine Maslin spoke to Oil & Gas UK CEO Deirdre Michie on some of the initiatives underway…
For OE, 2015 is a milestone year – it’s our 40th anniversary. We share that milestone with one of the world’s most iconic oil fields – the UK North Sea Forties field. Elaine Maslin charts the field’s history and finds out what the future holds…