A robust mergers & acquisitions market in the latter half of 2011, particularly in midstream, bodes well for deal making in 2012, according to Deloitte's Center for Energy Studies. But world events could throw a wrench into the M&A machine, as Russell McCulley reports…
Now in its 43rd year, the Offshore Technology Conference returns to Houston’s Reliant Park 30 April-3 May. Almost as old as the offshore industry itself, the annual gathering has thrived throughout an E&P era marked by peaks, valleys, tremendous…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
Oil & gas companies today face a more complex and challenging risk environment than at perhaps any time in the industry’s history. And energy risks for both IOCs and NOCs will grow in size and inter-relatedness over the next several decades…
Whether it's providing protection for kit in HP/HT environments, keeping corrosion at bay or defending vessels against fouling or iceberg damage, the offshore industry sure does ask a lot of its paint jobs nowadays.Jennifer Pallanich talks to…
In his opinion piece in last month's edition of Offshore Engineer, consultant Ian Fitzsimmons questioned whether the UK Health & Safety Executive's Offshore Division was fit for purpose in a post-Macondo world. Here, Steve Walker, head of the HSE's Offshore Division…
Saipem's new pipelay giant Castorone, currently under construction at Keppel shipyard in Singapore, will replace the veteran Castoro Sei as the contractor's flagship vessel for laying large diameter pipelines and serving the growing deep- and ultra-deepwater markets…
There is growing interest in ‘cold based' operations which dispense completely with the gases, ignition sources, flames and hot work associated with welding for piping repair construction, modification and tie-in work, especially on ageing offshore infrastructure…
Subsea hot tapping specialist TD Williamson has been called upon lately to assist with a number of Southeast Asian gas line tie-ins without recourse to costly and disruptive production shutdowns. TDW's Bancha Pitayagulsarn and Ray Foster discuss the planning and successful execution of these jobs…
An autonomous PowerBuoy recently deployed by Ocean Power Technologies for the US Navy is reported to have delivered ‘a very strong performance', meeting all of its mission specifications.The autonomous PowerBuoy, hailed as a self-sustaining…
In the run up to the Macondo trial, which was to begin in Louisiana late last month, the federal judge hearing the case ruled contracts between well operator BP and its contractors – including Transocean and Halliburton – indemnified the contractors…
Mexico’s state oil company plans to ramp up domestic production of crude oil to 2.7 million b/d next year and to 3 million b/d by 2017, buoyed by new shallow-water discoveries and enhanced recovery techniques in mature fields, a key member of…
ABS concluded its acquisition of Safetec Nordic in January with a signing ceremony in Trondheim. ABS chairman Robert Somerville said the deal was an important step in equipping ABS Consulting to meet increasingly complex offshore challenges.
AGR’s Aberdeen-based consultancy division has doubled its manpower in the Falklands to supply a team to its well management division to work on the Leiv Eiriksson. Following a six-month recruitment drive, the company expected to deploy a 50…
Clover Tool Company recently relocated its world headquarters to a new 10,000ft2 facility in Fulshear, Texas. President and CEO Don Clover said the new facility would ‘enable us to better serve both our specialty bolting and BOP test equipment customers and accommodate future growth’…
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