Gregory Hale shows how web-based software utilizes high definition photos and video to extend the life of aging assets. Screen capture of a web-based software solution that utilizes high definition photo and video technologies…
Aker Solutions has been awarded a contract from Murphy Sabah Oil Co., Ltd. to deliver the subsea production system for the Rotan deepwater natural gas development offshore Malaysia. The delivery includes hardware for four subsea wells…
Gregory Hale explains how avoidable downtime costs producers billions of dollars every year, with equipment failures being the most common culprit. Engineers remotely monitor all aspects of oil production…
Nanotechnology is a wide and growing field being researched and developed by both academia and industry alike. Elia Barnett spoke with researchers at University of Houston, Rice University, and Halliburton to see how far the technology has come…
Audrey Leon spoke to Rustom Mody, Vice President and Chief Engineer, Baker Hughes Enterprise Technology, to learn more about the company’s research and development of nanotechnologies. Inside the Baker Hughes nanotechnology lab…
When the oil price drops, people want to know how long the decline will last and when it will go back to “normal.” Audrey Leon reports on how market watchers and researchers tried to make sense of the downturn at this year’s SPE Offshore Europe conference…
Shreeram Lom, Aaron Rampersad, and Juan Martínez, of Repsol, discuss the Perla field development, which came online offshore Venezuela in July. Fig. 1: Topside. Images from Repsol. The Perla field…
Today, deepwater reserves are a key part of the world’s oil and natural gas needs, accounting for roughly 11% of global production. Over the past five years, two-thirds of discoveries occurred in deepwater, and Brazil has been the preeminent site of this trend…
Despite a current pause in commitments to new projects, the capital expenditure (capex) for FLNG vessels is expected to amount to US$35.5 billion over 2015-2021, says a new report by Douglas-Westwood (DW) entitled 'World FLNG Market Forecast 2015-2021…
Deloitte’s survey of oil and gas operators and oilfield services companies has found that a lack of effective supply chain collaboration means companies are missing out on maximizing the potential value from the UK Continental Shelf (UKCS)…
Dallas-based Kosmos Energy entered into a deal with Atwood Oceanics that will see the exploration and production company get an extension, and a reduced rate for the Atwood Achiever ultra deepwater rig for operations offshore Northwest Africa…
Nominations have opened for the 2016 Subsea UK Awards. Now in its 10th year, the awards seek to recognise companies and individuals who are leading the way in Britain’s successful £9billion subsea sector. Entries are being sought for the best subsea company of the year (large and small)…
2H Offshore has been awarded a contract by Chevron to manage a production riser weld qualification testing program. Image from Chevron. The aim of the development of 20,000 psi…
Italy’s Eni won, with a 100% share a production sharing contract, to appraise, develop, and exploit the oil fields of Amoca, Miztón e Tecoalli, located in the Area 1 in the Campeche Bay, offshore Mexico, following an international auction held on 30 September in Mexico City…
The Norwegian University of Science and Technology (NTNU) and Statoil signed an agreement on research funding for future energy solutions. Statoil CEO Eldar Sætre (left) and NTNU Rector Gunnar Bovim…
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