A new and exciting chapter has opened in the history of the Norwegian Continental Shelf. Meg Chesshyre reports. Fig. 1: Johan Sverdrup phase 1, comprised of four bridge-linked platforms. Image from Statoil…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
Norway’s Kleven Verft delivered the Rem Eir platform supply vessel (PSV) to Remøy Shipping for a Statoil long-term charter contract. The Rem Eir is the world's largest environmentally friendly LNG powered PSV, measuring 92.5m in length and a deck capacity of 1080sq m…
No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…
In 2005, Norway’s Ulstein Group introduced the X-Bow to the market, a design feature that increases crew comfort onboard offshore vessels, while giving the opportunity to keep up speed in foul weather or the option of reduced fuel consumption…
Late life production optimization is hard, but interesting, according to those tackling the issue. Elaine Maslin provides an overview of recent trends. As natural production rates wane and assets start to age, optimizing production rates offshore becomes a key challenge for operators…
OE asked Infield Systems to provide insights on today’s biggest offshore oil & gas projects. Top five global offshore projects currently under development (by capital spending) What…
Who have been the movers and shakers in 2014? OE looked to the global offshore oil & gas industry to select the VIPs (very important players) in our 14 in 2014 list, presented here in no particular order. C-suite Tillerson…
Benchmark Brent crude plunged to a four-year low, below US$73 a barrel, yesterday (27 November) after oil cartel OPEC chose to leave its 30MMbbl/d output target unchanged at its latest meeting in Vienna. The move, led by Saudi Arabia…
Newly formed Circle Group has acquired Stavanger WellPartner, an equipment and services company servicing the Norwegian subsea, completion and intervention markets. The deal is Circle Group’s first acquisition and the foundation for the Well Service division…
Dutch consortium Pondera Consult and Arcadis says they have been awarded a contract by TenneT to provide an environmental impact assessment (EIA) for the first offshore grid connection in the Netherlands. TenneT TSO is responsible in…
Offshore systems supplier MacArtney UK has announced the acquisition of Ellon-based Callidus Subsea. The acquisition supports MacArtney UK’s targets to become a market leader in the design and production of cable assemblies and moldings…
Technip has won a lump sum contract with Statoil for the Gullfaks Rimfaksdalen (GRD) marine operations pipelay and subsea installation project. The project is an option to the Snøhvit CO2 Solution project awarded in 2013. The GRD project…
The director general of Norway's Petroleum Safety Authority (PSA) has said the industry's attitude to the impact of costing cutting measures on safety is 'far too passive' and warned that she expects the industry to deal with its economic challenges without affecting safety…
Helix UK awarded Damen Shiprepair Vlissingen, part of Damen Shiprepair & Conversion, a major upgrade on MSV SEAWELL, a light well intervention/dive support vessel. The SEAWELL is expected at the yard second half of December 2014. As the upgrade will be executed over the winter season…
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