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OE13: Yet to find - 17 billion boe of European reserves

Sep 04, 2013

Wood Mackenzie presented its view of the role of independent oil and gas companies globally in the keynote session: “The independent oil company – mighty oaks from little acorns grow.” This peer group has been at the forefront of conventional exploration…

OE13: TWMA lands Angola contract

Sep 04, 2013

Integrated drilling and environmental solutions firm TWMA says it has become the first company to be awarded an offshore processing contract in Angola. The agreement, worth up to $35m, will see TWMA take the concept of offshore processing to the rapidly developing area…

OE13: GMS orders jackup

Sep 04, 2013

Jack-up barge provider Gulf Marine Services is building its third E-Class jack-up vessel, GMS Enterprise, it has announced. The vessel will add to GMS’ two existing E-Class units, GMS Endeavour and GMS Endurance. GMS Enterprise will…

OE13: African market briefings

Sep 04, 2013

UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana.   Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…

OE13: Next wave of change

Sep 04, 2013

“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…

OE13: Pre-salt beckons offshore Brazil

Sep 04, 2013

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…

OE13: Subsea power grid for 2018

Sep 04, 2013

Siemens is hoping to have a complete subsea power grid installed on the seabed by 2018, according to its head of subsea power solutions. The division has been formed by Siemen’s acquisition of Bennex from Subsea Technology Group in 2011…

OE13: Big opportunities offshore

Sep 04, 2013

This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…

OE13: Hayward - people is the biggest challenge

Sep 04, 2013

Genel Energy chief executive Tony Hayward will give the keynote presentation in today’s SPE Offshore Europe session, The Independent Oil Company—Mighty oaks from little acorns grow (10-12.30pm, Gordon B). We asked the former BP chief executive…

OE13: Industry progress post-Macondo

Sep 04, 2013

The Macondo well catastrophe occurred more than three years ago, but it continues to serve as a central reference point in any assessment of contemporary offshore drilling, not least at today’s SPE Offshore Europe keynote session, Industry Progress since Macondo…

OE13: Lewek Centurion starts work

Sep 04, 2013

Emas AMC’s newly converted S-lay deepwater pipelay vessel Lewek Centurion has just completed its first contract since its conversion, laying pipe for Wintershall in the Dutch sector of the North Sea. The vessel was acquired from Helix Energy Solutions in July…

OE13: ERD record for Noble Julie Robertson

Sep 04, 2013

Centrica Energy, stand 5D50, has completed its longest horizontal well using the Noble Julie Robertson (NJR) jack-up rig on the southern North Sea gas field. Running 19,000feet (6km), the extended reach well was drilled between December…

OE13: Petro League launches

Sep 04, 2013

About 40 oil and gas students from across Europe are taking part in the final of the inaugural SPE Europe Petro League today. Through case study analysis and fast-paced oil and gas question and answer rounds, students will have the chance…

OE13: MDL launches VLS

Sep 04, 2013

Maritime Developments (MDL) has launched a new portable vertical lay system (VLS) for the deployment and retrieval for subsea umbilicals, risers and flowlines. The system is road transportable; can be assembled on the quayside; can be…

OE13: Looking forward to the next 50 years—risks and costs

Sep 04, 2013

“The future is about volume and value”, George Osborne, the UK’s Chancellor of the Exchequer, told yesterday’s opening plenary session at SPE Offshore Europe. Osborne said government and industry have a shared interest in maximizing returns from the North Sea…

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