Standardization has been high on the agenda at the Underwater Technology Conference (UTC) in Bergen for the past two years. This year, the focus was “innovating for the next wave.” Elaine Maslin reports on innovations discussed and on show…
Already deployed off Brazil and West Africa, Jerry Lee investigates a new way to intervene on wells — from the drill pipe. Animated picture of the ocean floor properties of Vallourec. Image from Vallourec…
With just weeks to go before SPE Offshore Europe brings the oil industry to Aberdeen, Neil Golding takes a look at activity on the UK Continental Shelf – and what needs to change. The oil price is being blamed largely for the slowdown…
Revamping older offshore rigs with modern technology positions them for more efficient and safer drilling to target depth. Weatherford’s James Onifade and Turkish Petroleum Oilfield Services’ Yilmaz Kum and Benhur Sahin explain. RCD…
Getting the best out of subsea wells has always been important given the significant investment cost. This becomes especially true when field economics come under pressure. Having a subsea well intervention strategy is a key part of maximizing…
When developing the Lucius and Heidelberg fields in the deepwater Gulf of Mexico, Anadarko Petroleum opted for a “design one, build two” strategy. Audrey Leon reports on how the Lucius field, which began production in January, came to be…
Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…
London-based, Africa-focused Afren is entering into administration after failed refinancing and restructuring efforts. Image from Afren. The board appointed Simon Appell, Daniel…
BG Group’s revenue and operating income may have decreased in 2Q 2015, but the soon-to-be acquired company has also hit several milestones, including reaching record production levels in two countries. BG's QCLNG pipeline in Australia…
Dolphin Geophysical is acquiring 4192sq km of new Multi-Client 3D SHarp Broadband seismic in the northernmost region of the Norwegian North Sea. The survey targets both open and newly awarded APA acreage. Current acquisition progress stands at 40%…
Chevron’s results for 2Q 2015 show the company in a drastic drop of nearly 90% compared to last year, from substantial impairments that have lead the company to implement multiple efforts to improve future earnings and cash flows. Image…
Japan’s Agency of Natural Resources and Energy has chosen Tokyo-based operator Inpex to drill an exploratory well in the country’s offshore waters in the Sea of Japan. Exploratory drilling will take place from May to August 2016, 80-86mi…
Trelleborg Sealing Solutions is launching a new online resource for engineers at an international conference next month as part of its “commitment” to the oil and gas industry. The website – ‘oilandgas-seals.com’ provides a comprehensive…
Oil & Gas UK has launched new guidelines to minimize the frequency and duration of planned maintenance shutdowns and to improve the reliability and safety of installations on the UK Continental Shelf (UKCS) as part of the industry-wide drive to improve efficiency…
Marginal field-focused explorer Enegi Oil's joint venture with ABTechnology (ABTOG) has signed a collaboration agreement with global engineering and design consultancy Arup. Arup becomes the latest member of the Marginal Field Delivery…