The name Petrobras these days invokes thoughts of large, pre-salt discoveries, for good reason. Since announcing the Tupi pre-salt find in 2006, the Brazilian operator has made giant strides in developing and refining the technology needed to find and produce the oil hiding beneath the salt layer…
If current trends continue, Mexico could become a net oil importer in a decade, a new report claims. --Mexico, the world's sixth-biggest crude oil producer and an important supplier to the US, has seen its production fall by more than 25% from its 2004 peak of 3…
The proliferation of modern specialist vessels serving just about every sector of the offshore oil & gas business has not gone unnoticed by traditional shipping industry equipment and service providers, as was plain to see at the 2011 Nor-Shipping event in Oslo late May…
Shell's 100% owned and operated Prelude FLNG project offshore Western Australia, long in the works and given a final investment decision in May, will include what the company boasts is the largest floating offshore facility. Russell McCulley…
The Deepwater Horizon's blowout preventer was a victim of the Macondo disaster, not the perpetrator. So says consultant Ian Fitzsimmons in his latest think piece for OE which takes issue with some of the findings of DNV's forensic study of the…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
Statoil last month launched a campaign urging the UK to make natural gas a key component in its long-term future energy. The operator argues gas can be an important part of securing UK energy supplies and cutting CO2 emissions, although political…
At the EAGE annual meeting in Vienna Andrew McBarnet discerned a mood of surprising equanimity in the marine seismic community.Some titles are hard to live up to. So, even though the recent annual meeting of the European Association of Geoscientists…
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…
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…
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…
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