Halliburton and Baker Hughes have terminated their proposed US$34.6 billion merger, both companies announced late Sunday, 1 May 2016. According to the terms of the merger proposal, Baker Hughes will receive $3.5 billion for the termination of the agreement…
John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…
With big data also comes big risks to security. DNV GL’s Nada Ahmed discusses how security standards can be raised within the oil and gas industry. New IT infrastructures and technologies…
Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo. At a recent conference in Aberdeen…
This year, the deepwater drilling record could be broken not just once, but twice, breaking the last record, set back in 2013. Elaine Maslin takes a look. Total’s Raya-1 well is due to be drilled offshore Uruguay using Maersk Oil’s ultra…
Deepwater subsea tiebacks conjure up all manner of technical innovation requirements, and/or the need for complex subsea processing technologies. Yet, it’s not always so. Elaine Maslin explores the particulars of Total’s Laggan Tormore development…
Much ado has been made over Mexico in the last three years as the country turned a new page and opened its industry to foreign investment. PECOM 2016 crowd. Images from OE Staff. Make no mistake…
There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT. Is it a bird, is it a plane…
Quest Offshore assesses the drilling, subsea, and marine construction dynamics affecting of one of the world’s pre-eminent deepwater basins amid the downturn. The Gulf of Mexico has long been a region of critical importance to the global deepwater industry…
The Energy Industries Council’s project tracking database EICDataStream is currently tracking 85 active and future projects in the US Gulf of Mexico, in various stages of development, and the outlook for 2017 and beyond is positive. Major…
Earlier this year, Marathon Oil’s North Sea business was issued with an improvement notice after its failure to inspect the integrity of an 8in high-pressure pipe on its Brae Alpha facility. A failure in the pipe on 26 December 2016 resulted…
In 1975, the UK’s national oil company (NOC), BNOC, was formed. It didn’t last long, while others are still going strong. Alex Kemp takes a look at the whys and wherefores of NOCs. National oil companies have been in existence for many years…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017. The…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…