Latest News - page 2208

 

Decommissioning boom to be driven by UK

Feb 01, 2016

The oil price collapse has been bad news for nearly every company involved in the industry, but one group that could actually benefit from it are specialist decommissioning companies. For these companies, there is an opportunity to be…

Every barrel (now) matters

Feb 01, 2016

A relentless focus is required to maintain and optimize production on often aging North Sea assets. Elaine Maslin reports. Wintershall’s Brage platform. Photos from Wintershall.  Optimizing…

Currents and cold fronts

Feb 01, 2016

Jerry Lee looks at how to deal with deepwater drilling riser operation in high currents, typhoons and cold fronts offshore Japan. The drilling riser deployment from the Chikyu drillship. Image from Stress Engineering Services…

Automation: Extending assets’ lifecycle

Feb 01, 2016

Greg Hale, Dassault Systemes' Nelia Mazula and freelancer Dora Laine explain how digitizing information can help improve uptime, increase production and optimize resource utilization in the asset-intense industry oil and gas industry. The…

Right place, right time

Feb 01, 2016

Audrey Leon chats with Gerald (Jerry) Stone, ‎senior vice president, Fluor Offshore Solutions, about his unlikely career in engineering, his take on the current market situation, and his work in harsh environments. Jerry Stone…

Tools of the trade

Feb 01, 2016

Weatherford’s Alex Goodwin explains how a RFID circulation sub displaced seawater to facilitate a formation integrity test in the Gulf of Mexico. The JetStream circulation sub can be activated…

Breaking ground on Butch

Feb 01, 2016

Open water coiled tubing drilling has been used offshore Norway in an industry first. Elaine Maslin found out more. Island Offshore’s Island Constructor. Images from Centrica Norge Coiled tubing drilling (CTD) isn’t a new concept…

Making nodes fly

Feb 01, 2016

The job of placing ocean bottom nodes for seismic acquisition could be set for a revolution. Elaine Maslin looks at Autonomous Robotics Limited’s concept. A single node, nose on. Images from Autonomous Robotics Ltd…

Battling fatigue

Feb 01, 2016

2H Offshore’s Mike Campbell and John Gaver discuss design challenges of riserless well intervention systems and best practices. Figure 1 – Traditional vs riserless intervention systems…

For AUV eyes only

Feb 01, 2016

Heather Saucier investigates how wireless technologies used by AUVs can make sea-bottom surveillance more cost-effective and time-efficient. A multibeam sonar system  (EM 2040) image…

Undeveloped Down Under

Feb 01, 2016

Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…

Sterling quits Mauritania PSC

Jan 29, 2016

Sterling Energy's subsidiary Sterling Energy Mauritania Ltd. (SEML) has submitted a notice of withdrawal to its joint venture partners in Block C-3, offshore Mauritania. As part of the withdrawal, SEML will assign its entire 40.5% participating…

Lundin Malaysia begins drilling Maligan well

Jan 29, 2016

Lundin Malaysia commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…

Chevron cancels Buckskin-Moccasin

Jan 29, 2016

In Chevron's Q4 2015 earnings conference call today, the company announced it was cancelling the deepwater Gulf of Mexico project Buckskin-Moccasin, instead choosing to advance other projects, particularly onshore in the Permian basin. Chevron's…

Lundin drops budget but activity remains high

Jan 29, 2016

Swedish oil exploration and production firm Lundin Petroleum has dropped its capital spending budget 26% compared to 2016, but still expects a positive year as production at Edvard Grieg ramps up. Lundin's exploration spending will drop 64% compared to 2015…

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