Oil News


Deepwater poised for fast recovery

May 20, 2010

Two recently published reports point to a speedy recovery for offshore E&P. The deepwater sector of the oil & gas business should recover quickly from the economic downturn and resume the growth the sector enjoyed before the recession, suggests a new report from Douglas-Westwood…

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…

Carry on producing

Mar 03, 2010

With an offshore network of over 7000 production platforms, 180,000km of pipelines and 40,000 producer wells already installed, the global offshore operations & maintenance market could be worth more than $330 billion over the next five years - and…

Ebb and Flow: War. What is it good for?

Feb 16, 2010

It was, and still is, an unassailable dogma throughout the Middle East, among barely beneath-the-surface anti-American European intellectuals, and certainly, the American left: the United States went to war in Iraq in 2003 just for oil. For those people…

Politics, prices uncertain in 2010

Jan 06, 2010

Each new year brings with it a new round of industry prognostication. So what does 2010 hold in store for offshore? A lot of hand-wringing, for one thing, reports Russell McCulley.--As Gary Adams, US oil & gas leader for Deloitte, put it recently…

Europe still key subsea area

Jan 05, 2010

Over 300 energy leaders debated the challenges of a sustainable future for the North Sea and explored the potential development of the subsea market over the next 10 years at November's Subsea Europe conference in London. Meg Chesshyre reports…

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