Worldwide, the mobile offshore drilling fleet has kept between 500 to 550 rigs under contract over the past two years. Recent overall utilization remains at a two-year low of 68% or 507 rigs working. However, tendering activity has been on the…
A more optimistic view of the future of the southern North Sea gas and the hard-pressed East of England offshore supply chain emerged at a recent regional conference in Norwich. Meg Chesshyre reports.Having acquired assets from BP, Shell and BG in 2003 and ExxonMobil fields in 2007…
Production from another of Norway's old-timers, Statfjord A, could potentially shut down as early as 2014 according to operating plans under consideration by operator Statoil. The company recently circulated a consultative document based on that assumption…
Norwegian-based Brude Safety has expanded its gangway portfolio to cover a range from 2-14m. The two latest developments, the 11m and the 14m gangways, are knuckled versions, giving the shipowner the opportunity to use it for crew-change as well as for standard deck-quay solutions…
The current state of development of methane hydrate resources – ‘from Mallik to the Nankai Trough' – was examined by an international symposium in Japan late last year. Two of the participants, Professor Andrew Palmer and Simon Falser from the…
Mercon Steel Structures in Gorinchem started work at the beginning of February on its first riser access tower (RAT) under a framework agreement signed with Shell UK and NAM last autumn. The 800t structure, due for delivery mid- August, is for NAM's K/15 field…
Ahead of the September launch of its second offshore licensing round, Uruguayan national oil company Ancap opened up a Houston data room in February in hopes of whetting IOC appetites. Jennifer Pallanich paid it an early visit.Uruguay Round II has fair bidding terms according to Santiago Ferro…
Andrew McBarnet tries to fathom the future of permanent seismic reservoir monitoring projects.A big pow-wow of industry specialists at the end of last month in Trondheim, Norway, was hoping to get to the bottom of the future prospects for…
Coring practices and equipment used in the Gulf of Mexico's Lower Tertiary needed to adapt to formation conditions to improve on past recovery success. Petrobras' James Meyer opens OE's drilling & completion technology two-parter with a review…
Recent events in North Africa provide a stormy backcloth to the Offshore Mediterranean Conference (OMC) in Ravenna 23-25 March, but the region nonetheless remains a highly prospective one for the offshore sector especially with Noble beginning to unlock the treasures of the Levantine Basin…
Seaway Heavy Lifting will shortly take delivery of its second heavylift crane vessel, the state-of-the-art Oleg Strashnov. David Morgan looks at some of the new HLV 's novelties and niceties. The Oleg Strashnov has been a while coming…
Utilization trends for the worldwide mobile offshore drilling fleet are slightly depressed of late. Overall utilization dipped to an average of 69% last month. Global utilization rates for semis are 78%, below the average for the prior six month period of 82%…
The Macondo well disaster and its ramifications were never far from the surface during the recent GE Oil & Gas annual meeting in Florence, where business leaders gathered in large numbers to discuss the technological and regulatory challenges…
Never one to pull his punches, consultant Ian Fitzsimmons applauds the openness of January's National Commission report to President Obama on the Macondo well disaster, but reprimands the UK Health & Safety Executive over its handling of the…
In the wake of the July 1988 Piper Alpha disaster in the UK North Sea, the Cullen Report introduced a risk management approach to offshore safety, making the production and maintenance of a risk-based ‘safety case' a legal requirement for every UKCS offshore facility…