Latest News - page 2111

 

Coping with the new normal

Jun 01, 2016

There’s no disputing the somber mood of this year’s Offshore Technology Conference in Houston, but industry leaders attempted to stay upbeat. Melissa Sustaita reports. Wael Sawan executive vice president…

North Sea opportunity knocks

Jun 01, 2016

The UK North Sea is expected to dominate the decommissioning market from 2016-2040. How much it will cost depends on the success of vessels such as Allseas’ Pioneering Spirit, says Douglas-Westwood’s Ben Wilby. Pioneering Spirit with the Lorelay…

A ‘Valiant’ effort

Jun 01, 2016

Jerry Lee discovers how Marathon and ConocoPhillips teamed up to drill difficult deepwater wells in the Gulf of Mexico using a custom MPD system onboard the Maersk Valiant drillship. The drill floor is the heart of the Maersk Valiant…

Propelling subsea innovation

Jun 01, 2016

Jerry Lee takes a look at Bastion Technologies’ PYRO-Accumulator, which could potentially help meet requirements laid out in BSEE’s new well control rules. Two 7gal, 10,000psi rate PYRO-Accumulators  Photos from Bastion Technologies…

Stop competing, start collaborating

Jun 01, 2016

We have the saying “digital oilfield” within the industry, but does it exist in reality? Audrey Raj reports. Technip CEO Thierry Pilenko.  Images from OTC Asia. With offshore…

Downhole disintegration

Jun 01, 2016

A new concept in well tools could see one-off tools built, run and left downhole to disintegrate. Elaine Maslin reports. A computer graphic of the FLI design. Images from Well-Sense Disintegrating…

Put a plug in it

Jun 01, 2016

ConocoPhillips is working to plug and abandon 130 wells in the southern North Sea, reducing the number of days it takes as it works through the program. But, it wants to improve further, Elaine Maslin reports. The GMS Endurance jackup…

Floating prospects

Jun 01, 2016

Laurentino Rangel, a consultant with Poten & Partners, provides an overview of current floating LNG projects around the globe. PFLNG SATU. Photo from Petronas. A floating LNG…

Ex-BHP exec named Cobalt CEO

May 31, 2016

Houston-based Cobalt International Energy appointed Timothy J. Cutt as its new CEO and Class I member of the board of directors, each effective 2 July 2016. Cutt has over 30 years of oil and gas experience, most recently as BHP Billiton's president of petroleum…

Second OpenHydro device deployed

May 31, 2016

The second turbine bound for EDF’s Paimpol-Bréhat tidal array has been successfully deployed by OpenHydro, a DCNS company. When the turbines are connected to the grid over the summer the project will be the world’s first grid-connected tidal array…

Carnarvon boosts North West Shelf position

May 31, 2016

Australian operator Carnarvon Petroleum has acquired 100% of WA-523-P Australia’s North West Shelf (NWS). Carnarvon says the area offers it a great opportunity at a low cost, given today's oil price environment. In total, within about 40km around WA-523-P…

Santos plans to test Indonesia finds

May 31, 2016

Australia's Santos is planning drill stem tests on the G Sand and K Sand reservoirs as part of its Ande Ande Lumut (AAL) project offshore Indonesia.  AAL is in the Northwest Natuna production sharing contract, in the Natuna Sea, which operator Santos shares with AWE…

Mixed results for Statoil near Oseberg

May 31, 2016

Statoil Petroleum made a small discovery but also drilled a dry hole on its latest drilling in production license 035, 35km south west of the Oseberg Sor facility. Wildcat well 30/11-12 S (the Askja South East prospect) encountered a 37m oil column in the upper Tarbert formation…

Bergen Ocean Lab opens

May 31, 2016

Norwegian Prime Minister Erna Solberg has opened the Norwegian Ocean Laboratory at Marineholmen in Bergen. The laboratory will host world-class research infrastructure and facilitate collaborative cross-border technology development for ocean research…

Statoil to drill for more in Krafla area

May 31, 2016

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for two wildcat wells and an appraisal well, if a discovery is made, in PL 035. The wells, 30/11-14, 30/11-14 A and 30/11-14 B, will be drilled from the Songa Delta semisubmersible drilling rig…

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