Elaine Maslin and Audrey Leon look at how digitalization stands to make a big splash in the offshore industry. Embracing a digital vision. Image from DNV GL. Often when digitalization is mentioned…
Ocean floor mapping is being completely re-thought, with the help of drones, swarms of underwater vehicles and unmanned surface vehicles. Elaine Maslin reports. Team Tao’s BEM concept. Images from SMD…
Mats Andersen, Stephen Forrester, and Andrew Creegan, of NOV, discuss how to overcome potentially damaging stick-slip issues and improve drilling performance rates. Figure 1 – The SoftSpeed II…
Matt Jones and Jim Sokolowski, of Tessella, show how data analytics can give insight into corrosion rates to reduce risk and maintenance costs. Riser and slip joint on a semisubmersible oil rig…
Pat Oakley, of the Umbilical Manufacturers Federation, highlights initiatives brought forth from a recent workshop with operators. Umbilicals are an essential and critical link in subsea production systems. Over the past three decades’…
Deepwater is ready for a comeback. Operators at this year’s Offshore Technology Conference sang the praises of a new below US$50/bbl world. Audrey Leon reports. Image of Mad Dog in 2013. Image from BP…
It took Norwegian fairy tale character Trestakk a few times to win her prince. Likewise, her oilfield namesake had to be put back on the shelf a few times before it could make the development grade. Elaine Maslin reports. Trestakk subsurface layout…
Karen Boman discovers how Glasgow’s shipbuilding industry eventually led McDermott International’s CEO David Dickson toward a career in subsea. David Dickson Growing up, McDermott…
Materials development is pushing the boundaries of how things are currently done in oil and gas. Elaine Maslin looks at some of the research underway, including ‘smart’ materials that could potentially heal themselves, and additive manufacturing…
Transocean has completed the sell of its jackup fleet to Borr Drilling for a total consideration of approximately US$1.35 billion. The sale included the company’s 10 high-specification jackups and five jackups under construction at Keppel FELS Ltd’s shipyard in Singapore…
Chevron is selling all of its shares in Trinidad and Tobago to Shell’s BG International Ltd. in a US$250 million deal. Image from Chevron Facebook. The deal, signed earlier this week on 29 May…
Baker Hughes and GE have gained clearance from the European Commission (EU) for the duo’s proposed merger. “The companies remain confident in the value that the combined company will deliver to its customers, employees, shareholders and to the oil and gas industry…
Mermaid Maritime has inked US$26 million worth of contract in the Middle East and Southeast Asia. In the Middle East, the DP2 dive support vessel the Mermaid Endurer has been carrying out a 30-day project on a DSV - ROV - SAT and air…
Sevan Drilling has announced yet another delivery deferral agreement for the Sevan Developer. This time, the delay has been extended to 30 June 2017 to “complete and finalize negotiations.” Other terms of the deferral agreement have not been amended…
Bourbon and Kongsberg Maritime have strengthened their collaboration in digital solutions for next generation connected vessels by signing a strategic agreement of collaborative development on connected and autonomous vessels. The two…
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