OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…
Petroceltic International has launched drilling campaigns offshore Romania and in Kurdistan. The Romanian campaign, in the Black Sea, started with the spudding of the Cobalcescu South exploration well using the GSP Prometeu jack-up drill rig…
Viper Subsea will unveil its latest innovation on its stand (6A20) at SPE Offshore Europe 2013. The V-LIFE provides a solution to one of subsea engineering’s most common problems – the degradation of insulation resistance in subsea cables and umbilicals…
ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares…
New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…
There are many methods used to protect offshore pipelines: sand, grout or cement bags, burying, concrete or cathode coating, and trenching, to name a few. Most methods address ancillary issues like separation, support, erosion, expansion of infrastructure…
The Danish offshore is a mature oil and gas province with 40 years of production, but the Danish Energy Agency’s latest annual report,* says that the country is expected to remain a net exporter of oil through 2020, while gas production is…
ThoughtStream: Opinion In order to utilize quality to bring about an effective HSE system, first it must be defined. This in itself is a challenge as quality is often about the perception of the individual. Joseph Juran, principally remembered as an evangelist for quality…
Hydratight launched the quick release nut, which uses the latest technology to reduce disconnection times to less than five seconds per stud. The nut uses imbedded hydraulic cylinders and incorporates a unique three segment nut design, set into a cage…
During the last 10 years, the oil and gas industry has seen significant developments in seismic acquisition strategies, pushing the boundaries imposed by the technical limits of conventional 3D marine acquisition using narrow-azimuth towed streamers…
Cubility’s MudCube shale shaker made a name for itself on its first commercial installation on Maersk Drilling’s Maersk Giant in the North Sea. The North Sea has long been a critical area of exploration and production within the oil and gas industry…
The combined application of the ISO-MAX security packer and selective rotation and circulation tool (SRCT) helped a North Sea operator prevent losses during well displacement, thus ensuring well integrity and improving the chances of a successful completion…
Decommissioning is on the rise and the cost to industry will be about US$80 billion over the next 25 years to plug and abandon more than 5,000 wells, clear flowlines, and remove related structures. Is there a way to improve the decommissioning process…
In the oil and gas industry, one broken piece of equipment in the field or on a rig can be a big problem. With equipment down in the field, an entire operation can be jeopardized, and the financial cost to the company grows with every hour and day that passes…
High activity levels in the North Sea are making an attractive market for Damen Shipyards. Last year, its biggest newbuild market was in tugs and work boats, with 80 delivered. Now, the firm has turned its attention to oil and gas industry support vessels with its new Damen Offshore Series…
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