Halliburton and Baker Hughes have terminated their proposed US$34.6 billion merger, both companies announced late Sunday, 1 May 2016. According to the terms of the merger proposal, Baker Hughes will receive $3.5 billion for the termination of the agreement…
Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017. The…
Houston-based Seanic Ocean Systems has moved into a new deepwater hardware testing facility in Katy, Texas, just a few miles west of Houston’s Energy Corridor. The 5.5 acre facility features a large tank offering an alternative to the testing…
Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico. As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…
Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…
Tapping small fields and coming up with economic early production system solutions offers engineers an interesting challenge. Elaine Maslin reports. Amplus’ VPU. Image from Amplus. There…
Weatherford’s Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a last resort for wells defined as undrillable…
Structural integrity monitoring should be a lifecycle tool and could make jackup moves safer. Meg Chesshyre reports from Oceanology International. Jackups. Photo by staff. A…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…
Mark Smith, Staci Stephenson and Brent Fergurson, of Oceaneering International, show how NASA’s neutral buoyancy lab is helping cut costs and cut risks involved in subsea initiatives. Deployment of MIL 27 ROV at the NBL…
There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT. Is it a bird, is it a plane…
While it offers a theoretically coherent concept, subsea processing can seem fragmented. Elaine Maslin spoke to Intecsea about how the company views the broader picture. Statoil’s Åsgard project…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Meg Chesshyre reports on how mini ROV systems have advanced significantly and, thanks to their size, they can get up close and personal. Deep Trekker’s DTG2. Images from Deep Trekker. “It’s not just a camera in the water anymore…
Switzerland-headquartered Sulzer is promoting single-phase boosting supported by subsea separation. The industrial engineering and manufacturing firm launched itself into the subsea separation business in 2014, when it bought Ascom and ProLabNL…