Consideration is being given to new tax incentives to encourage enhanced oil recovery schemes in the UK North Sea. Elaine Maslin looks at an assessment of EOR economics. Professor Alex Kemp. As production declines…
EOR is taking off offshore, yet scientists at the University of Aberdeen believe more work needs to be done to understand the link between reservoir properties such as wettability and fluid flow to help in order to truly benefit from EOR…
Ask about subsea well intervention and most assume it’s riserless light well intervention you want to talk about – for good reason. Elaine Maslin reports. Subsea light well intervention visualized by FMC Technologies…
Subsea UK has launched a new market intelligence service to help subsea companies exploit global opportunities. The industry body, which represents the UK’s £9billion subsea sector, has developed SubseaIntel – a unique on-line database…
Well drilling and management specialists Acona UK have completed a two-well campaign for Perenco UK in the Southern North Sea. The seven-month campaign, using the Transocean GSF Monarch jackup, drilled a subsea well on the Leman field…
The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Shankar Bhukya as its new chairman, taking over from Ross Lowdon who has stepped down due to re-location to Houston. Beginning his career as regional applications engineer at Smith Services in Aberdeen…
BG Group has awarded Aptomar a contract to provide field monitoring services at the operator’s Knarr field on the Norwegian continental shelf. As a result, Aptomar will establish a new marine control center in Trondheim, Norway. Under the five-year contract…
Kristian Siem was early in his career when in 1978, with the market at rock bottom, he formed an investment group to take a punt on a rig. Now 65, the founder and chairman of Siem Industries, and chairman of Subsea 7 and Siem Capital, as well as director of a host of other companies…
Unique fields deserve equally unique intervention solutions when production begins to wane, this was the challenge Stone Energy had to meet when it contracted Cross Group to develop new methodology and technology for its Pompano subsea production template…
Sir Ian’s Wood Report, published last year, identified technology as an integral component to ensuring the success of maximizing the economic recovery of the UK Continental Shelf (MER UK). As the Wood Report states, new field discoveries…
Chris Sparrow shows how using inflatable buoyancy for pipelaying operations could result in shallow-water savings. Inflatable buoyancy units during deployment on Wheatstone. Photo from Allseas…
Rotterdam was home to three giants of the sea in early March – offshore industry flagships, not least Allseas’ newly renamed Pioneering Spirit. Elaine Maslin took a tour. Pioneering Spirit’s lifting beams loom from its bows…
Floating production vessel operator BW Offshore and UK-based independent producer Ithaca Energy have agreed new terms for use of the BW Athena in the North Sea. BW Offshore and Ithaca Energy (on behalf of the Athena field co-venturers)…
UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which includes the option for two, one-year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering…
Oil prices are set to rise on average US$10/bbl annually towards 2020, with global liquids supply and demand balancing out in around two years, according to Oslo-headquartered oil and gas consulting and business intelligence firm Rystad Energy…