We’re in tough times, but that also means there’s an opportunity to seek new solutions, according to Proserv’s David Lamont. Elaine Maslin went to hear the CEO’s views. Lamont. In 1982…
Even before the drastic drop in oil prices, deepwater extraction costs were under examination, as costs had nearly quadrupled in the past 10 years. The price collapse has created a greater urgency for rethinking how the industry does business…
Elaine Maslin speaks with OTC spotlight award winner Fishbones about the company’s new Dreamliner technology aimed at increasing accuracy and efficiency in reservoir stimulation. Fishbones’ stimulation completion technology…
Anyone who doubts high-pressure, high-temperature (HPHT) developments are a different ball game to normal-pressure, normal-temperature (NPNT) offshore projects should look at a simple example of a 12in ball valve. For a conventional development…
Eliminating the umbilical has been targeted as a way to help make the exploitation of small pools more viable. Elaine Maslin reports on a string of new technologies which aim to do just that. An Exnics collar…
Expro is entering Qatar for the first time in a five-year contract for well intervention and slickline services including high deviation and heavy-duty fishing offshore Qatar. “In current market conditions, Expro recognizes the need for operators to lower production costs…
Petrobras announced that its chairman, Murilo Pinto de Oliveira Ferreira, who was in leave of absence since 14 September, 2015, presented his resignation. Luiz Nelson Guedes de Carvalho, who was performing the duties of the chairman since 14 September…
The ABS-classed Seajacks Scylla, a wind farm installation and offshore construction vessel, has been delivered by the Samsung Heavy Industries (SHI) Shipyard in Geoje, Republic of Korea. 'The cooperation among Seajacks, ABS and SHI was vital to the success of this newbuild effort…
Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
Image: map of Mauritania block C-10/Sterling Energy Sterling Energy has announced that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary…
Det norske oljeselskap has, on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund), awarded an agreement to Transocean Offshore for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area…
Premier Oil’s Solan field is due to come onstream by the end of this year. It’s a unique project for the North Sea – a normally unmanned facility with a subsea oil storage tank. Bibby Polaris on location at Premier Solan…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
ABB successfully commissioned a subsea power link for oil and gas company Eni Norge that will supply power from the Norwegian grid to the new Goliat floating, production, storage and offloading unit (FPSO). The 105.5km subsea power cable system is the longest of its kind in the world…
Wind farm owners representing 12 % of global turbine assets have founded a new peer-to-peer online platform called o2o Wind, dedicated to the exchange of knowledge and experience on operation and maintenance issues. The o2o Wind forum…