A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…
Statoil’s Martin prospect located in Mississippi Canyon block 718 in the US Gulf of Mexico (GOM) has been plugged and abandoned. Statoil said while a discovery was made, it was non-commercial. Statoil says the Maersk Developer semisubmersible rig…
Vard Holdings Ltd. awarded Houston-based Forum Energy Technologies (FET) a contract for eight remotely operated vehicles (ROV) systems. FET will supply eight Perry XLX 150HP work-class ROVs that will be mobilized on four new-build pipeline…
Mexico’s Pemex awarded an offshore multi-site geophysical and geotechnical survey to Fugro and Constructora Subacuatica Diavaz, S.A. de C.V. The contract, valued at US$31.5 million, includes offshore operations, laboratory testing and…
Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…
BG International, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus Holding's on-going joint industry project (JIP). The JIP’s objective is to develop and commercialise a new and safer subsea wellhead HGSS…
Vigilance remains key when it comes to offshore cyber security. Gregory Hale explains. Interconnected systems can be risky. Photo: OE Staff. Computer networks on offshore oil…
Raja Roy examines DNV GL’s first comprehensive overview on how to properly comply with US Coast Guard requirements to operate FOIs, FSOs and FPSOs in US waters. The roadmap document called “Verification for compliance with United States…
Stephen Whitfield examines well control standards in the US and Europe. Since the Macondo blowout devastated the Gulf of Mexico in the spring of 2010, governments and industry organizations around the world have recognized the need to…
Audrey Leon takes a look at recent exploration and production activities occurring offshore Tunisia. Top: The Ashtart platform offshore Tunisia. Bottom: The Maamoura platform operated by Eni Tunisia…
The 4th Annual Global FPSO Forum, formerly Emerging FPSO, serves as a rare opportunity to meet and deliberate over topics affecting the global industry. While most conferences are held in Europe and Asia, Global FPSO Forum is held annually in Galveston…
Elaine Maslin examines how better data trending and a focus on key hubs could help improve ailing production efficiency rates and extend asset life on the UK Continental Shelf and beyond. NI CompactRIO…
Stein Rasmussen, SBM Offshore’s new managing director of the Houston execution center, says he had a natural affinity with water since he was a child growing up in Norway. It’s fitting since he has spent his entire career working with floaters at companies such as Technip…