InterMoor’s Dusan Curic discusses the decommissioning of Anadarko Petroleum’s Red Hawk spar in the US Gulf of Mexico, a job that involved several industry firsts. With holes cut into the hull, Red Hawk spar is being tipped underwater…
Infield Systems’ Catarina Podevyn takes a look at recent oil price movements and market conditions on the deepwater (500m+) capex spending up to 2019. Olympus platform in deepwater US Gulf of Mexico…
Italy is sitting on sizeable untapped gas resources, yet it still imports a large proportion of its gas. Elaine Maslin reports from the Offshore Mediterranean Conference, Ravenna. Bruno Lescoeur…
EPCIC contractor EMAS AMC is betting on the deepwater Gulf of Mexico, bringing not only its newbuild vessel the Lewek Constellation, but investing and upgrading a sprawling marine base in Ingleside, Texas. Audrey Leon reports. The…
Jeannie Stell looks at offshore heavy oil development economics with an eye on the current low-price environment. ExxonMobil expects its 52-well Hebron development project offshore Newfoundland to bring in first oil in 2017…
FMC Technologies will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of a Spotlight on New Technology Award. The award, which honors innovative technologies that significantly impact offshore exploration and production…
At next week’s 2015 Offshore Technology Conference, GE will demonstrate how it optimizes its cross-industry portfolio to provide game-changing value for the offshore oil and gas industry. Image from GE…
The Offshore Technology Conference (OTC) announced the final line-up of nine speakers for its new event, d5, which will debut on Friday, 8 May 2015, the day following OTC 2015, at the University of Houston. Themed “The Next Big Thing…
The Offshore Technology Conference (OTC), the world’s foremost event for the development of offshore resources, announced that it will offer complimentary registration during Open Access Day on Thursday, 7 May. Attendees will be able…
The Bureau of Ocean Energy Management (BOEM) proposes to conduct 10 oil and gas lease sales in the federal waters of the Gulf of Mexico (GOM), as outlined in the 2017-2022 Draft Proposed Leasing Program. BOEM published in the 29 April 2015…
FoundOcean completed the grouting for an 8-legged jacket in the Bay of Campeche, Mexico. The project, completed on behalf of McDermott was mobilized from Port Fourchon, Louisiana. In the case of Ayatsil-A, FoundOcean was able to provide a bespoke grouting solution…
BP and Total beat analysts’ predictions by reporting better than expected results this morning, despite consistently low oil prices. French oil major Total saw its fastest production growth in more than a decade and gains in its refining…
UK-based distributed acoustic sensing technology firm OptaSense has partnered with Weatherford International to form a strategic alliance to deliver integrated optical sensing solutions designed to optimize well planning, construction and production across the asset lifecycle…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
Baker Hughes Inc. issued its international rig count that showed 1251 rigs operating worldwide in March 2015 outside of the US and Canada. Unsurprisingly, global rig counts have dropped significantly due to an approximate 50% drop in crude oil prices since 2014…