Oe Media News


Firms & Faces - OE June 2010

Jun 10, 2010

firmsHouston-based Deep Down is acquiring offshore industry syntactic foam flotation products and insulation materials provider Cuming. Total price for the acquisition including the assumption of certain liabilities is $50 million.The newly…

Cape Wind green light

Jun 10, 2010

After years of delay, the Cape Wind offshore wind project got the green light to proceed with the $1 billion development off the coast of Massachusetts, putting the project on the path to become the first wind power installation on the US Outer Continental Shelf…

Ingredients to hand for pre-salt plays

Jun 10, 2010

Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…

Intelligence gathering

Jun 10, 2010

The digital oilfield has become mainstream and is how business is now conducted. That was the message at the third SPE Intelligent Energy conference convened in The Netherlands this spring with over 1500 attendees including a high proportion of business leaders…

Designing for depth

Jun 10, 2010

If all goes as planned, Seattle, Washington-based Principle Power and Energias de Portugal will deploy a prototype deepwater wind turbine in the Atlantic next year. Russell McCulley talks to Principle Power CEO Alla Weinstein about the company's WindFloat design…

Products in action - OE June 2010

Jun 10, 2010

Ultra-deep Perdido pumpsThe Centrilift XP enhanced run-life electrical submersible pump (ESP) systems with which Baker Hughes outfitted the pioneering subsea boosting stations at Shell's Perdido field are being hailed as the only subsea pumping systems qualified for Perdido's 8000ft water depths…

Big bore boosts Angel production

Jun 10, 2010

In October 2008, 37 years after its discovery, the Angel field began producing to a not-normally manned platform. In the ensuing 18 months, this platform offshore Western Australia has seen 98% uptime. Jennifer Pallanich discusses the A$1.6…

The complexities of Marlim Sul

Jun 10, 2010

Brazilian operator Petrobras expects to initiate production from a new reservoir to existing facilities in Modules 1 and 2 of its deepwater Marlim Sul field this summer and bring a third module onstream via the P-56 semi early next year. Asset…

Guarded optimism greets US leasing plan

May 20, 2010

The oil & gas industry and analysts greeted President Obama’s offshore drilling plan as a step in the right direction. But subsequent events surrounding the Deepwater Horizon disaster (see Heavy losses in Horizon tragedy ) could complicate matters…

Regs threaten recovery warns ExxonMobil boss

May 20, 2010

The shaky economic recovery could be threatened if US energy policies push up prices, ExxonMobil chairman and CEO Rex Tillerson said in Houston last month.‘You can raise taxes, raise royalties – it's going to ultimately increase the cost of energy…

Time under the microscope

May 20, 2010

Non-productive time (NPT) associated with control systems software and hardware integration remains a significant drain on high-spec offshore asset costs, according to a study released last month.The study, by the Athens Group and ModuSpec,…

Nigeria closes in on oil reforms

May 20, 2010

Nigeria’s controversial oil reforms, long in the works, appear close to passage. The government hopes to shore up falling production and get a bigger share of oil profits. But IOCs doing business in the Delta are wary, as Russell McCulley reports…

Products in review / May 2010 OE

May 20, 2010

Improving data integrationLandmark has developed a new integrated, asset-level production operations and optimization workflow solutions program called DecisionSpace for Production. The software is deployed in several deepwater FPSO environments…

X factor drilling in the fast lane

May 20, 2010

In 2007, OGX was but a dream of Brazilian entrepreneur Eike Batista. In the course of three short years, the company secured financing for leases, bid on and won shallow water blocks, secured drilling rigs, hired about 150 staff, tallied six…

Well intervention units in a class of their own

May 20, 2010

Rapid technological and market developments in the offshore industry over the past five years have put pressure on class to develop rules and notations for a new generation of specialised well-intervention offshore vessels. DNV's Alexander Wardwell reports…

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ExxonMobil Reports Discovery Offshore Guyana

Kvaerner Eyes FPSO, Renewables Growth

Avoiding Subsea Controls Obsolescence

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