Latest News - page 2668


OMV takes Madagascar stake

Sep 02, 2013

OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…

Romanian exploration campaign starts

Sep 02, 2013

Petroceltic International has launched drilling campaigns offshore Romania and in Kurdistan. The Romanian campaign, in the Black Sea, started with the spudding of the Cobalcescu South exploration well using the GSP Prometeu jack-up drill rig…

OE13: Viper launches V-LIFE

Sep 02, 2013

Viper Subsea will unveil its latest innovation on its stand (6A20) at SPE Offshore Europe 2013.  The V-LIFE provides a solution to one of subsea engineering’s most common problems – the degradation of insulation resistance in subsea cables and umbilicals…

Speedy, accurate assessment of deepwater reservoirs

Sep 01, 2013

Standard coring methods often yield incomplete reservoir fluid information. Doug Kinsella, managing director of Corpro, describes a new coring system that provides better information while saving rig time. Deepwater finds are now playing a crucial role in replacing global reserves…

Colloquy: Ars longa, vita brevis

Sep 01, 2013

Colloquy: Editor’s Column This adage was adapted from the first two lines of Aphorismi, written by the ancient Greek physician Hippocrates about 400 BCE. They translate: “life is short, arts (crafts, techniques) long,” which can be taken…

ALS acquires Reservoir Group

Sep 01, 2013

ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares…

Dutch firms eye growing markets

Sep 01, 2013

New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…

Concrete mattresses offer more than just pipeline protection

Sep 01, 2013

There are many methods used to protect offshore pipelines: sand, grout or cement bags, burying, concrete or cathode coating, and trenching, to name a few. Most methods address ancillary issues like separation, support, erosion, expansion of infrastructure…

Danish Energy Agency releases annual report

Sep 01, 2013

The Danish offshore is a mature oil and gas province with 40 years of production, but the Danish Energy Agency’s latest annual report,* says that the country is expected to remain a net exporter of oil through 2020, while gas production is…

Remote disconnect tool

Sep 01, 2013

Hydratight launched the quick release nut, which uses the latest technology to reduce disconnection times to less than five seconds per stud. The nut uses imbedded hydraulic cylinders and incorporates a unique three segment nut design, set into a cage…

ThoughtStream: Putting the ‘Q’ into HSE

Sep 01, 2013

ThoughtStream: Opinion In order to utilize quality to bring about an effective HSE system, first it must be defined. This in itself is a challenge as quality is often about the perception of the individual. Joseph Juran, principally remembered as an evangelist for quality…

Shallow water safety concerns

Sep 01, 2013

Recent Gulf of Mexico well control incidents have US regulators calling for better safety in shallow water. By Audrey Leon Representatives from the US Bureau of Safety and Environmental Enforcement (BSEE), US Bureau of Lands and Minerals Management…

Cutting through mud

Sep 01, 2013

Cubility’s MudCube shale shaker made a name for itself on its first commercial installation on Maersk Drilling’s Maersk Giant in the North Sea. The North Sea has long been a critical area of exploration and production within the oil and gas industry…

Keeping things moving: Tips on finding a rapid response service

Sep 01, 2013

In the oil and gas industry, one broken piece of equipment in the field or on a rig can be a big problem. With equipment down in the field, an entire operation can be jeopardized, and the financial cost to the company grows with every hour and day that passes…

Achieving total isolation to optimize wellbore cleaning

Sep 01, 2013

The combined application of the ISO-MAX security packer and selective rotation and circulation tool (SRCT) helped a North Sea operator prevent losses during well displacement, thus ensuring well integrity and improving the chances of a successful completion…

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