Ageing FPSOs present naval architect with GL – installed March 2000 in 90m potential safety challenges that the oil & gas industry is only now coming to terms with, according to GL Noble Denton. ‘There have been over 200 floating production system deployments…
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 74%; holding steady for the last three months at the bottom of a…
Reporting from last month’s SEG annual meeting in Denver, Andrew McBarnet finds marine seismic contractors frustrated by contract bidding woes.There is no question about what was bothering the marine seismic community at last month’s well attended…
Current projections indicate around £27 billion will be spent on UK offshore decommissioning over the next 40 years, of which £9.2 billion will be spent over this next decade, according to a 2010 Decommissioning Insight brochure presented at the conference by Robert Harris-Deans…
Some new twists and turns have been added to the well chronicled travails of companies fighting an uphill battle to establish the use of marine controlled source electromagnetic (CSEM) technology for offshore hydrocarbon detection.Careful reading…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.com Worldwide utilization for the mobile offshore drilling fleet has averaged 74% over the last two months. Of late the global utilization rates…
One or two recent asides from major seismic contractor bosses implies that they expect that the global seismic fleet to move closer to some kind of equilibrium next year where the supply of vessels is no longer so out of kilter with the demand for survey work…
Not so long ago, in more favorable economic times, companies sought business school advice on leadership. Today, with their budgets shredded, companies are more likely to be seeking counsel on agility, says Southern Methodist University's Frank Lloyd…
BP put the final nail in the Macondo coffin 19 September with a successful relief well kill, ending a five-month ordeal that began with the deaths of 11 offshore workers and spilled some 5 million barrels of crude into the Gulf of Mexico.Now comes the task of repairing the company’s image…
Mexico's Pemex is preparing this month to issue the first incentive-based contracts allowed under the country's 2008 oil reforms. Most observers agree that the reforms didn't go far enough, but will a new president in 2012 pick up the pace? Russell McCulley reports…
Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration…
Quicker connection Baker Hughes announced the commercialization of its Reconnect technology, which the company says provides an alternative for re-establishing surface hydraulic control to surface-controlled subsurface safety valves (SCSSVs)…
With a major service point for the deepwater Gulf of Mexico in Port Fourchon, Louisiana among all US states has the most at stake in the federal government's six-month deepwater drilling moratorium. The effects so far haven't been as bad as some feared…
Worries about the future of natural gas dominated proceedings as the SPE’s Annual Technical Conference & Exhibition made its international debut in Florence last month. Speakers focused on what the industry must do to meet burgeoning global energy demand…
All dressed up and nowhere to go is never a good feeling. But that's exactly what has just happened to − of all companies − TGSNopec. The acknowledged maestro of the multiclient seismic survey business last month put out a terse statement that…
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