2015 was a tough year. Spending and headcounts have been slashed across the industry and the specter of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped. Late December saw Moody’s downgrade its…
UK based independent Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal. The firm performed drilling, coring, logging and drill-stem testing (DST), as part of its latest, minimum three-well exploration campaign offshore Senegal…
A joint venture between Amec Foster Wheeler and Clough, Clough AMEC, has been awarded a three-year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
No. 1 – Chevron’s Big Foot Chevron’s Big Foot platform being towed to Walker Ridge. Photo from Chevron. Coming in at No. 1 on Infield System’s list of highest capex projects for…
Audrey Leon spoke with DNV GL’s Michiel van der Geest about its new joint industry project regarding wear acceptance criteria for jacking systems. Currently 13 companies have signed on to the project, which aims to provide criteria for better assessing self-elevating units…
Greg Hale takes a look at how Shell integrated an asset integrity program into its new Prelude FLNG project with the intent of saving millions over the next 20-25 years. Integrating an asset integrity…
Innovate, collaborate, standardize; lead with lean. One could argue that the future of the global offshore E&P business, particularly deepwater development, is ours to create. Confronted…
Aging assets and life extension are consuming ever more engineering hours in the offshore oil and gas industry. How can engineering tools help? Meg Chesshyre looks for answers. Image from Petrofac…
Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…
Nigeria is eying an opportunity to integrate floating production units on home turf, potentially even building them from scratch. Elaine Maslin found out more. ADOL from the air. Photos…
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Well plugging and abandonment activity as part of offshore decommissioning is starting to ramp up – but could it be done better? Elaine Maslin reports. Interwell’s exothermic P&A solution. Image from Interwell…
From an oil industry perspective it's difficult to find anything positive to say about 2015 other than I'm glad it's come to an end. Colin Welsh. Image courtesy of Simmons & Co. I certainly didn't see $35 Brent crude coming…
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