As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…
Following the delivery of its flagship combined pipelay and heavy lift vessel, Seven Borealis, last summer, international diving contractor Subsea 7 continues to expand its fleet. Meg Chesshyre takes a look at recent new vessels ordered by Subsea 7…
Ocean energy is not just in the water. There’s offshore wind, which tends to be steadier than onshore wind. But turbines are harder to build and maintain in a marine environment than they are on land. The Bureau of Ocean Energy Management (BOEM)…
Lundin Petroleum spud its Ogna exploration well, in PL453S, off Norway. Drilled by the Maersk Guardian, the wildcat will target hydrocarbons in the upper to middle Jurassic reservoirs of the Ogna prospect, located 65km northeast of BP’s Ula field in the southern North Sea…
Offshore energy means more than just oil and gas. But is it an energy nirvana or a cult of false hope? Bruce Nichols looks at the progress that the marine renewables industry has made, and the hurdles it has to overcome.The latest trend in renewable energy has come to Cobscook Bay in Maine…
Shell spudded its French Guiana prospect, GM-ES-3, the second of a four-well program. The well will target the Priodontes prospect, providing critical geological data. Shell operates the field with 45%; its partners include Total (25%), Tullow (27…
Offshore work can be dangerous and many accidents have a strong human element in their causation. Victor Schmidt explains why the oil & gas industry must constantly adapt and adjust its work practices and tools to improve worker safety.Mass…
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
BP is celebrating production from the Skarv field in the Norwegian Sea. CEO Bob Dudley called the start-up a “key operational milestone” for the supermajor. The Skarv development includes an FPSO (pictured), five subsea drilling templates, and a 26in diameter…
Neil Gordon, Subsea UK One of the fastest-growing sectors in recent years, the subsea industry is set to continue on its upward curve in 2013. Having demonstrated high growth through the recession, the subsea sector is enjoying a positive…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
Panoro has struck oil at its wildcat well, Dussafu Torue Marin-1, off Gabon. The well, drilled by Saipem’s semisubmersible Scarabeo 3, found 13m of pay in a 22m oil column in the Gamba formation and 38m of pay within stacked reservoirs of the Dentale formation…
Newbuilds are slated to cost US$230 million F&G JU2000E design (Image: Friede & Goldman)Seadrill has entered into an agreement for the construction of two high specification jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Inc…
Petrobras has chosen GE Oil & Gas to power its four new FPSOs – the P-74, P-75, P-76, and P-77 – bound for the Cessão Onerosa field in the Santos Basin pre-salt. GE’s turbomachinery will generate primary energy for the FPSOs using gas turbines…
DeepSea Power & Light unveiled a new version of its SeaLite Sphere LED light. The 220Vac is a compact LED alternative to Halogen lights that are now available for 220-275Vac (50/60Hz) and 275-385Vdc input. DeepSea Power & Light said the SeaLite Sphere utilizes the same connectors…
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