The 50:50 partners in Denmark's Siri oil field fell out last month over the latest proposals to deal with the subsea cracks that have beset the 13-year old Siri production and storage platform in recent years. Meg Chesshyre reports.The row…
Earlier this year the refrain was ‘$5 natural gas forever', based on the US Energy Information Administration's (EIA) annual outlook, which argued that natural gas prices will remain below $5 per million btu until 2022. The underlying rationale was growth in the ‘vast' US shale gas resource base…
A commercial version of a subsea booster designed to improve production of fluids containing both liquid and free gas is expected to be made available next year by Aker Solutions and its JIP partners. Jennifer Pallanich talks to Aker's Christian…
On 1 July 2011, Royal Boskalis Westminster N.V. (Boskalis) announced that it reached an agreement with The Rezayat Group of Saudi Arabia (Rezayat) to sell SMIT’s terminal and AHTS transport activities to Lamnalco Ltd. (Lamnalco). Boskalis and Rezayat each own a 50% stake in Lamnalco…
The 5 million barrels of oil that spilled into the Gulf of Mexico last year from the BP-operated deepwater Macondo well after a bad shear job played heavily on Radoil president Benton Baugh's mind. An inventor at heart, he knew there had to be a way to shear the unshearable…
With 107 West African xmas tree jobs to its credit since 2006, Bourbon Subsea Services has built a substantial track record in that region for the maintenance and installation of deepwater trees using vessel cranes. SVP business management Patrick…
In less than a year, shipyards' lack of experience in delivering automated, highly-integrated offshore topsides has dropped as a primary source of non-productive time, according to a recent report that polled operators about the causes of NPT…
Long content to remain under the radar, Louisiana's LLOG is set to make a big splash with its first Gulf of Mexico deepwater development using a floating production system. Russell McCulley joins LLOG officials at the company's new digs north of New Orleans to talk about the Who Dat project…
Offshore sector M&A activity continues apace, with Aberdeen-based ‘inspect, assess and repair' services provider RBG among the latest players to change hands. Meg Chesshyre talks to RBG chief executive Dave Workman about the background to –…
When KBR bought out JGC's near 45% stake in MW Kellogg earlier this year making it a wholly-owned subsidiary, the resulting ‘London Operating Centre' – combining major UK bases in Greenford and Leatherhead with over 2600 staff – emerged as KBR's largest entity globally…
In 2010, ShawCor picked up an OTC Spotlight on Technology award for its Thermotite Ultra pipe insulation coating system. That summer, two of the company's divisions, Bredero Shaw and Bredero Shaw FJS, put the technology to use on a reeled pipeline…
Andrew McBarnet reviews some of the history of Norwegian marine seismic ventures to assess the aspirations of the latest entrant into the market.The launch of yet another Norwegian-inspired company dedicated to making its mark on the marine seismic business is so déjà vu…
Earlier this year, Douglas-Westwood forecast † the industry will spend $139 billion on subsea hardware 2011-15, a 23% jump on the previous five years, with the deepwater Golden Triangle inevitably dominating the anticipated spend. Despite the trials and tribulations of the past year…
Managed pressure drilling methodologies evolved over the years to address operational and economic problems inherent to conventional circulating systems that are open to the atmosphere. Most recently, the advanced closed-loop technology has swept into deepwater operations to help reduce risk…
Planning and information are key to the successful realization of Petrobras’ ambitious plans to hoist pre-salt production levels from the current 100,000b/d to 1.08 million b/d inside ten years. Jennifer Pallanich listened in as José Formigli…
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