Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
Norway’s Kleven Verft delivered the Rem Eir platform supply vessel (PSV) to Remøy Shipping for a Statoil long-term charter contract. The Rem Eir is the world's largest environmentally friendly LNG powered PSV, measuring 92.5m in length and a deck capacity of 1080sq m…
No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…
In 2005, Norway’s Ulstein Group introduced the X-Bow to the market, a design feature that increases crew comfort onboard offshore vessels, while giving the opportunity to keep up speed in foul weather or the option of reduced fuel consumption…
As demand for oil and gas increases and shallow plays mature, operators are having to look deeper and further offshore. Drilling in more capricious environments has highlighted the importance of safety measures that can quickly and accurately identify problems remotely using automated technology…
OE asked Infield Systems to provide insights on today’s biggest offshore oil & gas projects. Top five global offshore projects currently under development (by capital spending) What…
Who have been the movers and shakers in 2014? OE looked to the global offshore oil & gas industry to select the VIPs (very important players) in our 14 in 2014 list, presented here in no particular order. C-suite Tillerson…
Bourbon’s Rodolphe Bouchet explains how the company’s new Explorer 500 series shows its commitment to standardization, which offers time and cost savings. The PSV Bourbon Explorer 504 at sea. Photos from Bourbon…
OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…
Late life production optimization is hard, but interesting, according to those tackling the issue. Elaine Maslin provides an overview of recent trends. As natural production rates wane and assets start to age, optimizing production rates offshore becomes a key challenge for operators…
With help from experts Infield and Gaffney Cline & Associates, OE compiled a list of the biggest oil and gas discoveries in the last 12 months, and of the last 10 years. The year’s top oil discovery: Gila (Gulf of Mexico) In December 2013…
The global fleets are growing – not least in order to cater for new deep water challenges. Fred Tholen takes a look. Subsea 7’s new heavy construction vessel, under construction in South Korea…
Scientific drilling confirmed the presence of natural gas hydrates on the North and Central American continental shelves in late 1970s and early 1980s, but it was only recently that researchers began to seriously assess methane hydrate development…
A megaproject is one that costs more than US$5 billion to develop. They stretch a company’s capabilities to their limits, especially in the harsh climates like the Arctic or in ultra-deep water. In 2000, oil companies took on seven megaprojects…
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