Impacting The Bottom Line News

 

Emerson, IPRES agree to collaborate

Nov 01, 2016

Emerson Automation Solutions and IPRES (Integrated Petroleum Resource and Economic Service), a Norwegian provider of advanced software tools and services to the upstream oil and gas industry, have agreed to collaborate.  Under the terms of the agreement…

The Barrel: Down, but not out

Jan 01, 2016

From an oil industry perspective it's difficult to find anything positive to say about 2015 other than I'm glad it's come to an end. Colin Welsh. Image courtesy of Simmons & Co. I certainly didn't see $35 Brent crude coming…

Goliat FPSO mooring lines installed

Nov 03, 2015

Image: Eni Goliat illustration overview/Eni Lankhorst Ropes Offshore has overseen the installation of the mooring ropes for the Goliat FPSO (floating production storage and offloading) for Eni Norge…

OE15: VIKING says 80% of operators could simplify safety

Sep 04, 2015

With Offshore Europe fast approaching (September 8-11, 2015), VIKING Life-Saving Equipment will be on hand to help offshore operators and drilling rig owners optimize their safety equipment logistics. In the company’s experience, this operations…

CO2 storage site hunting offshore Auz

Mar 19, 2015

The Duke, owned and operated by the Gardline CGG joint venture, has been selected by Geoscience Australia to acquire the Gippsland 2D Infill marine seismic survey offshore Victoria, Australia. Preparation for the project is underway and the expected start date is on 6 April 2015…

SAExploration wins ocean-bottom seismic contracts

Jan 29, 2015

SAExploration has won contracts for ocean-bottom marine seismic data acquisition services collectively valued at about US$45 million. The company expects to execute the projects during Q2 and Q3 2015, using ocean-bottom nodal seismic…

North Sea mooring systems: How reliable are they?

Nov 01, 2014

Mooring failure rates are still higher than industry targets. Assessing past failures could help industry understanding, say Will Brindley and Andrew Cornley. The Blackford Dolphin semisubmersible mobile offshore drilling unit Images from DNV GL…

Breaking barriers

Sep 01, 2014

Jerry Lee discusses new and improved drill bit designs and technologies with several leading companies. Rising energy demand has resulted in the need to reach reserves in more complex formations. The more complex the formation, the more…

Spending slowdown hits geoscience

Jul 10, 2014

Weakening spending by E&P majors, particularly on seismic is being felt in the geoscience sector, with Dutch geoscience and geotechnical services firm Fugro revealing a potential Eur300-350 million non-cash impairment in its geoscience division today…

ION takes majority stake in OceanGeo

Jan 30, 2014

Houston-based ION Geophysical Corp. has increased its ownership interest in OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition using ocean-bottom cables (OBC). ION now owns 70% of OceanGeo…

Coiled tubing use extends offshore productivity

May 20, 2013

New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…

PGS orders two vessels from MHI

Apr 25, 2013

Mitsubishi Heavy Industries (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition…

Shallow-water seismic acquisition to begin off Ecuador

Feb 06, 2013

SMG to use Fairfield Z-700 ocean-bottom nodesFairfield Industries’ Z-700 nodesRussia’s Federal State Unitary Scientific & Production Company for Marine Geological Prospecting(State SEVMORGEO Company or SMG) has contracted UK-based WGP Exploration Ltd…

Creating the right environment

Dec 01, 2011

Andrew McBarnet says it makes sense for the oil and gas E&P business to provide more independently researched evidence documenting best environmental practice in its operations. A recent fragment in the oil industry news cycle noted that electromagnetic…

Gulf rebound - if permitting picks up

Aug 01, 2011

Increased economic activity, more jobs and a 70% rise in spending are predicted for the Gulf of Mexico offshore oil & gas industry by 2013 – provided permitting returns to pre-moratorium levels. Katie Jernigan looks at the region’s latest economic impact analysis…

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