As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Dolphin Drilling and Petrobras have agreed to a one-year contract extension for the semisubmersible Borgny Dolphin. The contract, worth US$90 million, extends its deployment until September 2014.GDF Suex E&P UK picked Technip to provide installation…
Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Case ACase BOn a separate but related theme, the Umbilical Manufacturer’s Federation has recently published a guidance note on the subject of free span analysis.The term ‘free span’ is used to refer to the scenario whereby a section of installed…
Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…
As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…
Pemex awarded Subsea 7 a US$140 million contract for its Line 60 project in the Bay of Campeche. Subsea 7 will provide engineering, fabrication, and installation of a 16km-long pipeline, two slug catchers, and two cantilever structures. Offshore operations are underway.
Managing access to crucial data while maintaining a secure environment in the offshore communications sector can be taxing for many operators. Whether the information is moving from rig to shore, to the seabed, or to the drilling equipment, offshore communication has a host of inherent issues…
Alaska president John Minge earns BP top spotJohn Minge, BP America Chairman & PresidentJohn Mingé has been appointed Chairman and President of BP America, Inc. and will serve as BP’s chief representative in the United States. He will succeed Lamar McKay…
New next gen IMR vessel heads for North Sea Seven Viking IRM vesselThe cutting edge Seven Viking vessel, designed for operations in the harshest environments is being unveiled and named at a ceremony in Stavanger, Norway, by Subsea 7…
Eric Byres leads cyber security webinar Image: iStockphotoIn an OE exclusive webinar, readers were able to ask questions and listen to a live presentation with security expert Eric Byres, a SCADA specialist at Tofino Security. The forum…
BP starts production at Valhall redevelopment Valhall field (Photo: BP)Production has begun at BP's Valhall redevelopment project in the southern portion of the Norwegian North Sea, the supermajor announced on 28 January 2013. BP Group…
IHC Merwede launches Packhorse vessel designIHC PackhorseIHC Merwede has extended its product range with the introduction of a new series of IHC Packhorse™ offshore support vessels at an official launch event in Singapore, organised by IHC Asia Pacific…
Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January…
Aker takes majority stake in Enovate SystemsEnovateAker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a leading technology company within subsea well control equipment. The financial details of the acquisition are undisclosed…