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A world well-supplied

Jan 09, 2013

Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…

Colloquy: Antifragility: Can this industry thrive with disorder?

Jan 09, 2013

Nina M. Rach COLLOQUY: Editor's Column Despite the widespread pop-culture interpretation of the Mayan calendar, the world did not end in an apocalypse on 21 December 2012, just as the Y2K date bug did not cause utilities and other critical infrastructure to fail on 1 January 2000…

Arctic Technology Awards

Jan 09, 2013

Shawn Rice and Joe Gagliardi (center) accepted the award for ION. Presenting the award are OTC Board of Directors Chairman Steve Balint (left), Shell, and OTC Board of Directors member Joe Fowler (right).Igor Kolesnikov and Svetlana Kamaeva (center) accept the award for Transkor…

Conference delineates steady effort to open the Arctic

Jan 09, 2013

Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…

Containment system soon in operation

Jan 09, 2013

Click to enlargeFigure 1. Permits in deepwater numbered 76 by end-2012, enabled by the MWCC system. Source: MWCC.In the wake of Macondo, something was needed to lower the risk of recurrence. BP had shown that, given enough time, a system to contain such a well-control incident could be built…

Cyber war opens new front

Jan 09, 2013

Increased automation offshore means oil & gas companies have far more systems that are vulnerable to computer viruses. Gregory Hale and Richard Sale investigate how onshore attacks have led companies to reassess security concerns.Major oil companies…

Data Integrity

Jan 09, 2013

OE talked to Steve Knowles, president and CEO of Wood Group Mustang, asking ‘what will be the most important things in the coming years?’Knowles: I think that, although it’s not the expected subsea technology of big projects, rather, it’s data integrity associated with the projects…

It’s cold. It’s harsh. And it takes a lot of cash.

Jan 09, 2013

The challenges of drilling in the Arctic have become so multifaceted it’s hard to know what position folks line up behind. If it were just the usual environmentalist vs oil companies – and that fight is perennial to be sure – things would be clearer…

Overcoming the global weakness

Jan 09, 2013

During the past few years, annual change in global oil demand has been running 0.8-1%/year and the International Energy Agency (IEA) forecasts it to continue in that range in 2013 – well below the previous 20-year 1.5% average annual increase seen before the global banking crisis…

Planning on a better future

Jan 09, 2013

Andrew McBarnetIf there was such a thing as an annual horoscope for the marine seismic and related geophysical businesses, then in the coming year we can expect at least some improvement on 2012. In other words, unless there is some totally unexpected destabilizing economic…

Pre-programmed mission for decommissioning survey

Jan 09, 2013

Chevron needed to survey 14 sites in the Gulf of Mexico, most of which were slated for decommissioning, so it hired Lockheed Martin to deploy its new Marlin AUV to assist. Chevron subsea survey engineer Olugbena Esan and Lou Dennis, Lockheed Martin business development manager…

Standardized approach creates future infrastructure benefits

Jan 09, 2013

The Gulfstar FPS, a three-deck, wet-tree spar, is a standardized design with oil and gas gathering, production handling, gas processing,and an export pipeline. The design is expected to be used on other projects bringing about considerable economic benefits…

Surveying the field in the search for full autonomy

Jan 09, 2013

The trend toward deeper, more remote offshore oilfields is driving step-by-step automation of subsea operations while the oil industry awaits its science-fiction dream machine – an unmanned, untethered robot that can tend seafloor wellheads and install equipment without human intervention…

The big picture

Jan 09, 2013

US crude and condensate production has been falling since 1972 with only a couple brief periods of respite or flattening downward. Most analysts felt that the decline was irreversible. The decline flattened in 1991, 1997 and 2001 and, as a result of a dramatic jump in oil prices…

Another tiny miracle

Jan 09, 2013

Rice, Moscow State study toxic groundwater Rice University teams up with Moscow State for radioactive waste solutionGraphene oxide has a remarkable ability to quickly remove radioactive material from contaminated water, researchers at…

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