The UK oil and gas industry could release more than five million man hours each year if the sector standardized and simplified safety practices. The sector could recover as much as one hour of work per day per person at worksites through…
A Noble Corp. newbuild jackup destined to work for Statoil in the North Sea sustained damage earlier this week at the Sembcorp Marine Tanjong Kling shipyard in Singapore, is expected to be delivered on time. Illustration of the Noble Lloyd Noble…
Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…
Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…
Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Production well drilling has started on Statoil's major Johan Sverdrup development offshore Norway. The first of 35 wells was spudded by Odfjell drilling's Deepsea Atlantic semisubmersible drilling rig. The US$13.3 billion first phase…
The need to innovate, collaborate and standardize existed well before the downturn, and not least in Norway. Elaine Maslin sets out how Transmark Subsea has been doing all three. Work on Murene at Transmark’s facility near Bergen…
Longer step-outs, harsher environments, deeper waters all point to an increasing need for power on the seafloor. Statoil and its partners are working on solutions. Elaine Maslin reports. ABB’s power from shore vision…
OE’s Audrey Leon speaks with Scott Munro, McDermott’s Vice President, Americas, Europe and Africa, about recent projects undertaken at the company’s Altamira facility. PB-Litoral-A topsides floatover operations…
Heather Saucier examines the potential of deepwater plays to be auctioned in Mexico’s next offshore round, including the most prized area in the Perdido Fold Belt. Shell’s deepwater Perdido spar in the US Gulf of Mexico…
Juan Carlos Luna discusses the risk, compliance and anti-corruption challenges of doing energy deals in Mexico. Image from iStock. Mexico’s energy reform became law on 21 December 2013…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…
The Norwegian subsea industry has been an adventure, and there is nothing to suggest that it is over. Due to hard work, innovation and collaboration, companies and research and development institutions have developed great expertise and gained market shares…
Elaine Maslin reports on Norway’s NUI newly developed seabed sampler, which will take any type of sediment while using an ROV. The sampler during a test subsea. Despite the best…