Sercel announced today that its recently launched downhole seismic array tool, GeoWave II, broke temperature records during field trials. This performance represents the world’s first borehole seismic survey to be acquired with a digital…
Pancontinental Oil & Gas and its L10A joint venture partner, PTTEP of Thailand, issued to operator BG Kenya their notices of withdrawal from Block L10A in the Lamu basin offshore Kenya. Subject to ministerial consent, Pancontinental’s 18…
Oil majors BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total are jointly calling for international governments and the United Nations to introduce carbon pricing systems which could eventually be internationally connected. In what…
Houston-headquartered Endeavour International has put itself up for sale. The business, focused on the UK North Sea, says it is looking to sell all or substantially all of its North Sea oil and gas assets, with Blackstone Advisory Partners acting as financial advisor…
Rocksource CEO Terje Arnesen is stepping down from the company today after a mutual agreement with the firm's board. The Norwegian company has also agreed with Hans Petter Klohs that the services provided under a consultancy agreement for the CFO position will end as of 31 August…
Apparently undeterred by low oil prices, oil and gas output from ultra deepwater (>1000m water depth) fields will continue the relentless growth seen in recent years. Image from Shell. In…
Norway's TGS-NOPEC has agreed to take up a contract option with Polarcus, extending its lease of the Polarcus Adira for an additional two months, folloing on from its existing three-month contract. The vessel has already started the contract…
Gibralter's Gibdock shipyard has officially opened its new Pad 1, a specialized area for land-based fabrication projects, including pre-fabrication prior to vessel arrival. The 2940sq m purpose-built pad supported 12-tonne/sq m load-bearing workspace to support the firm's project scopes…
With a mean estimate of 23.6 billion bbl of undiscovered, technically recoverable conventional oil in the Beaufort and Chukchi seas, the Arctic could be one of the last big finds. Heather Saucier examines what is at stake on the US side. Source…
Towards 2025, deepwater exploration and production will save the offshore industry, Norwegian energy analysts Rystad said in a recent presentation. According to Douglas Westwood’s World Deepwater Market Forecast, 2014-2018, deepwater spending is due to rise by 130%…
Gregory Hale walked the aisles at this year’s Offshore Technology Conference to find out what moves the industry is making toward automation. OTC conference floor. Automation…
Modeling flow assurance regimes is no easy task, not least for long distance tiebacks, where the need for accurate modeling is crucial. Alexander Belkin outlines a model he has worked on. During the past several decades, offshore oil…
Tidal and wave energy projects are getting grid-wet this year, yet there’s still more to learn. Emma Gordon reports from All Energy. An OpenHydro device. Image from OpenHydro. The…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
The graph created in MS Excel demonstrates the MTV for rolling changes in the pipeline. It is possible to locate the places where it changes significantly and to calculate how much velocity is required to transport particles at specific sections along the pipeline route…
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