Getting offshore risk management wrong can prove disastrous, but how easy is it to get it right? Insurance professional Robert Armstrong is hoping to demystify some of the issues in a talk organised by Aberdeen’s SPE Young Professionals on 2 April…
Repsol and Indra have jointly developed a water-based hydrocarbon leak early detection system, the companies announced on 26 March 2014. The system, called HEADS (Hydrocarbon Early Automatic Detection System) has successfully completed testing at the Repsol Industrial Complex in Tarragon…
Marine Well Containment Company (MWCC) announced the completion of two new shore base locations to house its well containment equipment available for use in the US Gulf of Mexico. In addition, this year marks the three-year anniversary of…
The government of Myanmar (Burma) has named Chevron, BG Group, Statoil, Woodside Energy, Shell, and ENI, among others, as selected candidates for its 2013 offshore licensing round. The move follows the lifting of Western sanctions in 2012…
North Sea independent EnQuest plans to spend about US$1 billion on new projects in 2014, including about $400 million on the Kraken FPSO development. A further $200 million will be spend on the Alma/Galia development, due on stream in H2 this year…
Middle East rig builder Lamprell has moved into the black, posting a profit. But, the firm warned that recent new order intake means 2014 and 2015 revenues could be lower than expected. The Dubai-based firm, which initiated a strategic review and appointed a new CEO and CFO last year…
Seaway Heavy Lifting signed a contract with Rhenus Logistics which will give it its own offshore yard facilities, warehouse and quayside on the Maasvlakte in Rotterdam (pictured) for 10 years. The contract, with Rhenus Logistics, started 1 March 2014…
Viper Subsea has signed a joint industry project (JIP) agreement with energy giants BP and Total to further develop its Subsea Line Insulation Monitoring (V-SLIM) technology for identifying and locating cable and connector faults in remote subsea electrical distribution systems…
An in-depth look at the Harte Institute for Gulf of Mexico Studies at Texas A&M University's Corpus Christi campus.
Aberdeen-based Helix Well Ops (Well Ops), a business unit of Helix Energy Solutions Group, Inc. (Helix ESG), has moved to a new location in Dyce, Aberdeen. The firm took on a six-year lease of the 27,682sq ft building. This is double the space it previously occupied at Helix House…
Norwegian oil services technology firm Cubility AS has been bought from private equity firm Energy Ventures by a Triton Partners fund. The firm, based in Sandnes, has developed MudCube, a solids control and waste management system for drilling operations…
The challenges associated with the analysis and design of offshore engineering equipment will be discussed at the next SPE talk in Aberdeen. Offshore marine equipment can be physically complex, expensive, safety critical and required to operate in harsh environments…
Oslo’s Dolphin Geophysical announced that two high-capacity 3D vessels will be dispatched to shoot a seismic contract in South America as the company “to build solid contract back-log in South America.” The name of the company awarding the contract was not disclosed…
Greenpeace has said five of its 14 activists have scaled the West Alpha semisubmersible drilling rig offshore Norway in protest against ExxonMobil’s plans to drill in the Russian Arctic. The protest has been staged on the 25th anniversary of the Exxon Valdez oil spill…
Australia-based Santos Ltd. announced that natural gas production has commenced ahead of schedule from the Peluang gas project offshore East Java in Indonesia. Sanctioned in February 2013, Peluang is a tie-back to the existing facilities…