Offshore North America News - page 208


Containment capability in the cross-hairs

Dec 31, 2010

Post-Macondo efforts to improve well containment capabilities on both sides of the Atlantic moved into higher gear last month.In the US it was confirmed that Technip will handle front- end engineering and design of a proposed subsea well containment…

Resource nationalism on its way out?

Dec 31, 2010

The days may be numbered for resource nationalism, Robert Johnson told the Houston World Affairs Council at the Mayer Brown offices late October. ‘Not every country is equally capable of exercising a campaign of resource nationalism,’ said Johnson…

M&A up in the US

Dec 31, 2010

Merger and acquisition activity in the US oil & gas sector picked up steam 3Q 2010, despite ongoing uncertainty about business in the Gulf of Mexico, reported PricewaterhouseCoopers.For the three-month period ending 30 September, there were…

Upstream capex ready for rebound

Nov 01, 2010

Global upstream capital spending should rebound this year, according to IHS Herold director Nicholas Cacchione, author of the research firm’s 2010 Global Upstream Performance Review, released last month. ‘In North America, E&P investment increased 30% in the first half of 2010…

New drilling regs challenge, and sometimes confound

Nov 01, 2010

The US lifted the six-month moratorium on deepwater exploration in October, while codifying new rules governing drilling safety and well control. Russell McCulley looks at what the new regulations could mean for oil & gas companies doing business in the Gulf of Mexico…

Macondo the unfolding aftermath

Nov 01, 2010

In his think piece for OE’s July issue, consultant Ian Fitzsimmons drew parallels between the Deepwater Horizon tragedy and the earlier Titanic, Ixtoc-1, Piper Alpha, Comet and Challenger disasters in terms of their presumed design infallibility…

Industry scores another victory

Nov 01, 2010

Litigation continues in US courts over the Obama administration’s Gulf of Mexico deepwater drilling moratorium, despite the early lifting of the six-month drilling ban in October. In a 19 October decision, US District Court judge Martin Feldman…

Fiber flexes deepwater muscle

Nov 01, 2010

Long used in deepwater mooring, synthetic ropes are increasingly being employed in deepwater heavy lift operations. Russell McCulley talks to Samson's Dennis Sherman and Offspring International director Dave Rowley about the technology advances that are changing techniques…

Counting the cost of low prices

Nov 01, 2010

Reporting from last month’s SEG annual meeting in Denver, Andrew McBarnet finds marine seismic contractors frustrated by contract bidding woes.There is no question about what was bothering the marine seismic community at last month’s well attended…

Rig market - OE October 2010

Oct 26, 2010

OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.com Worldwide utilization for the mobile offshore drilling fleet has averaged 74% over the last two months. Of late the global utilization rates…

Macondo mess triggers BP shakeup

Oct 26, 2010

BP put the final nail in the Macondo coffin 19 September with a successful relief well kill, ending a five-month ordeal that began with the deaths of 11 offshore workers and spilled some 5 million barrels of crude into the Gulf of Mexico.Now comes the task of repairing the company’s image…

Oil reforms cool in hot political climate

Oct 26, 2010

Mexico's Pemex is preparing this month to issue the first incentive-based contracts allowed under the country's 2008 oil reforms. Most observers agree that the reforms didn't go far enough, but will a new president in 2012 pick up the pace? Russell McCulley reports…

Flaring to end at Tres Hermanos

Oct 26, 2010

Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration…

Bayou state feels the drilling ban blues

Oct 26, 2010

With a major service point for the deepwater Gulf of Mexico in Port Fourchon, Louisiana among all US states has the most at stake in the federal government's six-month deepwater drilling moratorium. The effects so far haven't been as bad as some feared…

What is the lay of the land as TGS is turfed off?

Oct 26, 2010

All dressed up and nowhere to go is never a good feeling. But that's exactly what has just happened to − of all companies − TGSNopec. The acknowledged maestro of the multiclient seismic survey business last month put out a terse statement that…

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