Interest in the North is strong and growing among international actors— Kåre Storvik gives his views on business in the area. Oil companies, supply companies, and service providers to the oil industry are either in place or on their way to the North— to Arctic Europe-to the new…
Other than economics, logistical planning is the heart of any major project. Weather can have a significant impact on project success or failure, and while it can’t be controlled, it can be managed, even in a relatively remote location. The…
An additional tool for corrosion management: the power of corrosion inhibitor micelle detection. Management of internal corrosion typically involves monitoring a number of properties of a system with, for example, coupon testing, residual inhibitor monitoring…
After a major storm crippled production from Liuhua field, a major life extension project and new umbilicals from JDR Cable systems renewed an aging property; Victor Schmidt explains. Recently, JDR Cable Systems deployed several subsea…
Marathon Oil Corp. announced that CEO, Clarence Cazalot Jr., will retire at the end of this year and will be replaced by Exxon Mobil Corp. executive, Lee Tillman. Cazalot will continue to serve as executive chairman until December 31…
Draugen was the first field developed in the Norwegian Sea 20 years ago—Shell now expects it to produce for a further 20 years, doubling its expected life span. Asset manager Odin Estensen explains how. The story of Draugen is more than just the story of a field…
Repairs of corroded supports are quick and effective when composite materials are used; Victor Schmidt explains. Corrosion in the marine environment is a process constantly acting on offshore structures, due to immersion in…
European editor Elaine Maslin went to visit Huisman’s yard in Schiedam, Netherlands, as the finishing touches were being carried out on the Noble Globetrotter II. When offshore lifting, pipelay and drilling firm Huisman decided…
Norway’s Statoil has had a double success on the Norwegian Continental Shelf (NCS). Wildcat well 34/8/15 S on production license (PL) 120 proved gas and an appraisal well on the Johan Sverdrup field in PL265 confirmed the extent of the reservoir along the western margin of the field…
Today is the closing day of EAGE 2013, this year held in London at the ExCeL London Exhibition and Convention Centre. During the event, Sam Borman, SVP, sales and marketing, with CGG’s marine division, outlined the firm's fleet and its capabilities…
Engineering and construction firm Foster Wheeler has bought Aberdeen-based upstream consultancy Ingen Ideas. Ingen specializes in field development and project decision support, focused on the evaluation and implementation of oil and gas field developments…
African independent oil and gas company Taleveras has agreed to farmout a 65% stake on its Block CI-504 off the Ivory Coast to a subsidiary of Russia's Lukoil. Block CI-504 is close to the producing Baobab field, covering 399 sq km in 800-2100m deep water…
AGR has been contracted to provide riserless mud recovery services for an operator working off Sakhalin. The US$3m contract will see AGR division AGR Enhanced Drilling provide its Riserless Mud Recovery (RMR) services (RMR) over this year’s summer drilling season…
Russia's Rosneft and North American supermajor ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide…
FloaTEC (S)Pte Ltd successfully completed the mating operation of the topsides and hull of Petrobras P-61, Brazil’s first Tension Leg Wellhead Platform (TLWP) near shore to BrasFELS yard in Angra Dos Reis, Brazil. The P-61 TLWP, which uses FloaTEC’s ETLP proprietary design…