Artificial neural networks are being used to help design floating production system hulls in the concept and front-end engineering phases. Elaine Maslin reports. Libra and her possible smaller…
Over enthusiasm in the recent floating rig building cycle has led to an ultra deepwater “hangover” that will take several years of recovery, says Liz Tysall and Oddmund Føre, of Rystad Energy. Transocean…
2016 was a year of huge challenges for the offshore drilling rig sector as the low oil price environment and reduced E&P spending continued to bite. Stephen Gordon, of Clarksons Research, charts the state of the market, which is arguably facing some of its toughest times since the 1980s…
Mexico’s energy reform has weathered both the storms of public scrutiny as well as the bad luck of launching during a global oil price downturn. Despite the challenges, Mexico has seen some modest success, but will it continue? Audrey Leon reports…
All eyes may be on Guyana, but there’s plenty of other countries worthy of attention in South America. Audrey Leon surveys the current spike in exploration activity in the region. Image from Anadarko Petroleum’s Q4 Operations Report…
With more than 3 billion boe up for grabs, the race is on to find ways to unlock the remaining oil and gas in around 350 unsanctioned, and largely marginal, UK Continental Shelf discoveries. Emma Gordon reports on the latest developments…
Audrey Leon speaks with Cesar Granados, Mexico country manager at Weatherford, to get the service company’s perspective on Mexico’s newly opened oil and gas industry, and what role Weatherford aims to play in it. A…
Mexico’s 2013-2014 energy reform triggered a deep transformation in the energy industry. The new legal framework –proposed by the executive branch and enacted by congress– establishes a transition from a state-owned and vertically integrated industry model…
Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for artificial lift. Dedicated Schlumberger surveillance engineers monitor alarms to prevent or mitigate adverse events…
Leslie Cook, of Wood Mackenzie, examines falling dayrates in the floating rigs sector, and the view out to 2020. Graph sources: Wood Mackenzie As the cyclical downturn in the deepwater market continues to drag out…
Audrey Leon catches up with TGS’ Chris Corona on some of the geophysical firm’s latest programs offshore Mexico. Photos from TGS. OE: What is your perspective on current activity off Mexico…
Old and new provinces continue to bring forth new activity in Latin America, from new finds in Guyana to the ongoing pre-salt programs in Brazil. Michael Borrel sets out the detail. Latin America has become increasingly attractive to both local and foreign investors…
Infield Systems’ Neda Djahansouzi gives a flavor of the forecasted fixed platform market in 2017-2021, while we let some figures speak for themselves. Sources: Infield Systems Over…
Even though the oilfield service market in shale is the place to be in 2017, Rystad Energy says there is clear evidence that offshore projects are still being prioritized by exploration and production (E&P) companies. In fact, for every…
BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…
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