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…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
DNV GL’s Santhosh Mony, Eckhard Hinrichsen, and Pedram Fanailoo offer the regulatory perspective on offshore risk management. Photo from DNV GL. Mexico is recognized as one of the top 10 oil producers of the world…
Since its discovery in 2010, the Sea Lion field offshore the Falkland Islands has been subject to a string of development options. Elaine Maslin looks at Premier Oil’s optimized final plan. Ocean Rig’s Ocean Guardian semisubmersible drilling rig…
OE’s Audrey Leon spoke with Cyril Petit, Serimax’s regional manager, Central and North America, about the opening of Mexico’s oil and gas industry and what effects it will have on the company and region at large. Serimax’s…
Henrique Paula, of ABS, explains how data analytics can be used to improve safety, environmental protection, operational efficiency, and profitability in emerging energy markets such as Mexico. One of the most promising and legitimate…
Dallas Parker, Gabriel Salinas and Diego Perez, of law firm Mayer Brown, assess the terms of Mexico’s phase four bid round to be held in 2016. The Mexican National Hydrocarbons Commission…
AICDs are enabling production engineers to manage reservoir uncertainty along the well with better flow assurance and greater oil recovery says Tendeka's Ismarullizam Mohd Ismail. AICD in housing…
Norwegian universities have a great habit of directing their students towards research that quite often results in a new technology – and new businesses. Elaine Maslin reports on a new business bringing micro-electronic mechanical systems to the subsea business…