“Rumours of the IOCs demise are premature”, said Shell’s upstream director Andy Brown to a crowded lunch discussion on the roles of IOCs, Independents and NOCs yesterday. Brown said as NOCs are now operating outside their home countries…
Representatives from Brazil’s government and oil and gas industry advocated strongly for British investment at UKTI’s panel discussion on Brazil Tuesday morning. “Several companies are going to Brazil, and now is the time to go,” said Carlos Camerini…
Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
Following execution of a Letter of Intent (LOI) by EXMAR with LNG Partners, LLC and LNG BargeCo BVBA for the long-term charter of a floating liquefaction and storage unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia, Canada…
Enclosure designs for protecting offshore equipment are evolving rapidly to combat the widespread problem of corrosion, and to meet industry demands for higher levels of safety and reliability, and new functionality. At Offshore Europe 2013…
The UK oil and gas industry has served our country for over 100 years. It delivers the energy needed to fuel and power our economy, provides vital revenue for the UK Treasury and supports about 450,000 jobs in Britain. The oil and gas industry has an impressive history…
Kongsberg Maritime has launched its next generation Munin compact autonomous underwater vehicle (AUV) at Offshore Europe today (stand 2C90). The Munin follows Kongsberg’s development of the Hugin and Remus AUVs, through Kongsberg-company Hydroid…
Deepwater drilling and performance improvement firm Exceed has set up new business units in Canada and Ghana on the back of recent contract wins. The firm, on stand 3D210 at SPE Offshore Europe, is now also setting up new units in Angola…
Petrofac has awarded JDR Cable Systems a contract to design and manufacture five subsea power and communication (composite) cables and associated accessories for the Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. Petrofac…
Shale gas, and now tight oil has seen an unprecedented increase in energy supply in North America. It has entirely changed the energy landscape, resulting in a dramatic fall of the gas price and reversing long-term decline in US oil supplies…
As the North Sea continues to attract record investment, the scale of opportunity for the supply chain is growing, says the EIC. The growth is characterised by four key areas of activity: small or marginal developments, led by a growing number of independents…
Dwarfed by the majors and super majors, the impact of the small independent oil company on global exploration and production activity is often overlooked. But, these companies are driving increased production in mature provinces such as the UK Continental Shelf (UKCS)…
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
OneSubsea, the newly formed subsea partnership between Cameron and Schlumberger, is making its first major show debut this week. The company, which started trading on June 30, has already announced a US$500 million contract with Chevron on the North Sea Rosebank development…
The Society of Petroleum Engineers (SPE) Aberdeen Section has announced two new categories for this year’s Offshore Achievement Awards, which launch on October 1. The awards, supported by TAQA, have a 27-year history of celebrating outstanding…