Following a recent flurry of new contracts, Marine Subsea UK is currently carrying out a multi-client well abandonment programme for a number of North Sea operators. Managing director Alasdair Cowie talks to Meg Chesshyre about how he sees the multiclient approach as the way forward…
With the UK poised to introduce an offshore carbon storage licensing regime, a process and design optimisation specialist and an Aberdeen-headquartered engineering, construction, operations maintenance and project management group are planning…
Gas is part of the solution to the global energy challenge says Brian Bjordal, president and CEO of Gassco, whose throughput of gas has doubled in just ten years. Meg Chesshyre reports.On the positive side, notes Bjordal, there are significant…
Four of the largest oil companies have pledged $1 billion to build a rapid response system designed to capture and contain oil in the event of another Macondo-style blowout in the deepwater Gulf of Mexico.In a July 21 joint announcement, Chevron…
Unfair though it may seem, it is conceivable that the Macondo incident will have at least as damaging and persistent an impact on the offshore industry as Chernobyl does on the nuclear power industry. Professor Andrew C Palmer explains why.On…
Weather is a major factor when planning offshore drilling campaigns. Asbjørn Stålesen of FMC Technologies says the company's Real Time Operating Limits system has allowed it to increase the time available for carrying out drilling work.The biggest…
With a major Russian Arctic contract already in the bag for next year, the Tideway Group is looking at early payback on its €115 million investment in the industry's first ice-class fallpipe rockdump vessel.Dubbed Flintstone, the DP2 vessel…
OE 's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 76%, near the top of a 74%-76% band that it has traversed over the past 11 months…
Wave and tidal energy specialist Marine Current Turbines and its project partners Queen's University Belfast, Mojo Maritime and Edinburgh University, have secured a grant of £250,000 from the UK's Technology Strategy Board and the Engineering…
LOCH NESS SITING:AWS Ocean Energy began testing a 1/9th scale prototype of its new AWS-III wave energy device in Loch Ness. The device is a ring-shaped multi-cell floating power system that, at its full 60m-diameter scale, will be capable of generating up to 2…
firmsAker Solutions subsidiary STEP Offshore has been awarded exclusive rights to sell Derrick Equipment's solids control equipment and related products in Europe. The agreement is valid for capital equipment such as shale shakers, mud cleaners…
Former federal prosecutor and Justice Department inspector general Michael Bromwich has been tapped to lead the troubled agency that oversees US offshore oil & gas leasing and regulatory compliance. Bromwich was sworn in as director of the Bureau of Ocean Energy Management…
The six-month moratorium on deepwater drilling in the Gulf of Mexico following the Deepwater Horizon disaster has forced oil & gas companies to redraw their plans for the rest of the year. But the effects of the ban could linger long after, as Russell McCulley reports…
Eleven proposals will receive a cut of $10 million in funding from the Research Partnership to Secure Energy for America (RPSEA) under its ultradeepwater program. The proposed technologies are aimed at improving safety, minimizing environmental impact…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at about 74%, within the tight 74%-76% band it has seen for the past 10 months…
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