The UK oil and gas industry could release more than five million man hours each year if the sector standardized and simplified safety practices. The sector could recover as much as one hour of work per day per person at worksites through…
A Noble Corp. newbuild jackup destined to work for Statoil in the North Sea sustained damage earlier this week at the Sembcorp Marine Tanjong Kling shipyard in Singapore, is expected to be delivered on time. Illustration of the Noble Lloyd Noble…
Smith Bits, a Schlumberger company, has released the AxeBlade ridged diamond element bit, which incorporates new-geometry Axe ridged diamond elements across the bit face. AxeBlade bits are designed to improve rate of penetration (ROP) in…
Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…
Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…
Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Production well drilling has started on Statoil's major Johan Sverdrup development offshore Norway. The first of 35 wells was spudded by Odfjell drilling's Deepsea Atlantic semisubmersible drilling rig. The US$13.3 billion first phase…
Jerry Lee takes a look at recent work conducted by the Colorado School of Mines and the University of Tulsa (Oklahoma) to mitigate gas hydrate formation. Hydrate formation, deposition, and detection…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…
After making a splash on the market with its pinless, wetmate connector Maelstrom in 2013, Elaine Maslin examines how Bergen’s WiSub is upping the game. The Torden pinless wet mate connector. Small…
OE’s Audrey Leon speaks with Scott Munro, McDermott’s Vice President, Americas, Europe and Africa, about recent projects undertaken at the company’s Altamira facility. PB-Litoral-A topsides floatover operations…
Heather Saucier examines the potential of deepwater plays to be auctioned in Mexico’s next offshore round, including the most prized area in the Perdido Fold Belt. Shell’s deepwater Perdido spar in the US Gulf of Mexico…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…
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