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Transforming the future of oil

Mar 01, 2015

Repsol’s Director for Exploration and Production Technology Santiago Quesada discusses the company’s partnership with IBM aimed at developing cognitive technologies for better decision-making. As demand for oil and gas increases and oil plays mature…

Back to basics

Mar 01, 2015

Getting engineering back to basics isn’t just about standardization anymore. Industry executives at the annual GE Oil & Gas summit in Florence advocated for simplicity in order to keep costs low and get projects done right. Elaine Maslin reports…

AIM for life - and beyond

Mar 01, 2015

Floating production systems are on the hard edge of asset integrity management, says Jonathan Boutrot. The business case for having an asset integrity management (AIM) system in place for offshore assets is getting more and more cogent every day…

When automation, not if

Mar 01, 2015

Automation on the drillfloor has been slow to take off – but it is coming as advances in enabling technologies are made. Elaine Maslin looks at work ongoing in the field. Automation on the drillfloor has been slow to take off – but it’s coming and there will be no going back…

Low oil prices and activity on the UK Continental Shelf

Mar 01, 2015

It is widely accepted that the UK Continental Shelf (UKCS) is a high cost petroleum province by world standards. The collapse in oil prices from over US$100/bbl to less than $50 can thus be expected to have a substantial effect on activity levels…

Leap of faith

Mar 01, 2015

Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…

RED gets ready

Mar 01, 2015

Resonance enhanced drilling could help speed up drilling time and efficiency. Elaine Maslin reports. Professor Marian Wiercigroch with the vertical RED full scale experimental rig.  Images from the University of Aberdeen…

Learning IE lessons learned

Mar 01, 2015

Is the oil industry good at lessons learned but not at learning lessons? – asks Jan-Erik Nordtvedt, SPE Intelligent Energy program committee chair 2014 and President and CEO, Epsis Almost a year has passed since the SPE Intelligent Energy 2014 conference…

Constructing Mariner

Mar 01, 2015

The Mariner heavy oil discovery on the East Shetland Platform in UK block 9/11 will be one of the largest offshore developments on the UK Continental Shelf in more than a decade. Meg Chesshyre checks on its progress. Chris…

Australian and New Zealand offshore exploration

Mar 01, 2015

Angus Rodger and Matt Howell discuss the exploration environment as well as the potential impact from the recent fall in oil prices on Australian and New Zealand projects. Graphs from Wood Mackenzie.   Australia…

Going with the flow

Mar 01, 2015

Flow measurement isn’t always foremost in industry debates, but the role it plays – and getting it right – is key. Elaine Maslin found out more. NEL’s flow measurement facility.  Image from NEL…

Allseas grabs Johan Sverdrup gig

Feb 27, 2015

Dutch contractor Allseas last night (26 February) signed a contract with Norway's Statoil for the installation of three platforms on the giant Johan Sverdrup development in single lifts using the newly renamed mega-vessel Pioneering Spirit…

Shell exec to head Oil & Gas UK

Feb 27, 2015

The board of Oil & Gas UK has appointed Deirdre Michie as the organization’s new Chief Executive. Deirdre Michie will take up her position from 1 May 2015, replacing the current Chief Executive Malcolm Webb who formally retires on 31 May 2015…

Rotork introduces CQ Compact Actuators

Feb 27, 2015

New Rotork CQ pneumatic and hydraulic valve actuators are engineered to deliver a self-contained solution for applications demanding functional integrity and safety where space is limited. They incorporate a fully concentric, balanced…

Keppel FELS' 100th jackup rig

Feb 27, 2015

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time and on budget…

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