When setting out to reshape itself from a jack-of-all-trades drilling contractor to one with a deepwater future, Pride International realized it had to do more than simply change up its fleet. With deepwater assets tending to feature longer contract cycles than shallow and mid-water rigs…
In a ‘brutally costcompetitive environment,' KBR has been looking at multiple ways to provide its services at an increasingly lower cost, said KBR chairman, president and CEO William P ‘Bill' Lutt during the 2010 Rice Global E&C Forum.Lutt told…
Cairn Energy has wrapped up its 2010 exploration drilling campaign offshore Greenland and released both the Stena Forth and Stena Don rigs, the company said 26 October 2010.Cairn suspended the Alpha-1S1 exploration well to allow possible re-entry to sidetrack or deepen the well at a later date…
A recent contract renewal for the small UK-based company WGP Group and its partner Thalassa Energy Services is a reminder that the first life of field seismic (LoFS) project on BP's Valhall field offshore Norway has been ongoing since 2003.…
Prompted by practical engineering needs, Foster Wheeler Upstream developed a design tool to facilitate the design of subsea plate mudmats. Dr Jinming Xu, Paul Schank and Ray Young discuss how Mudmatician, through automation and built-in intelligence…
Global demand for floating hardware continues apace. David Morgan and Meg Chesshyre review recent support & supply sector initiatives and innovations targeting offshore platforms and rigs.Drilling riser departure A high pressure marine riser…
HYWIND’S HIDDEN ASSETS: Syntactic foam specialist Trelleborg Offshore recently released details of how it employed well-proven offshore oil & gas technology in the subsea buoyancy arrangements for the world’s first wind turbine ‘floater’,…
Each time a hurricane sweeps through the Gulf of Mexico, operators hope for the best – that their infrastructure, from topsides to flowlines to wellheads, remains safe in the face of nature’s fury. Determined to protect its assets, Chevron sought…
Schlumberger wrapped up its $11 billion purchase of Smith International at the end of August. Andrew Gould, chairman and CEO of Schlumberger, commented: ‘We are ready to begin the process of realizing the synergies made possible by this merger…
Another drilling contractor, Seadrill, recently put to the test DNV’s new standard for managing integrated software dependent systems. Wendy Laursen assesses the system’s scope for reducing software-related downtime on drilling units.There are…
The effect of the continuing credit crunch last summer meant that North Sea field development activity was down last year, but the steadying of the price this spring has led to projects being dusted off in both the UK and the Norwegian sectors…
The risks associated with placing complex open hole completions across the reservoir are increasing. Deep Casing Tools’ Mark Presslie explains why and describes how a new tool assists the first-time placement of liners or completions.--Over the past two decades…
Fracturing fluid additivesRelease of the new OpenFrac family of hydraulic fracturing fluid additive systems was announced by Schlumberger last month. The additive systems can be used for fracturing-stimulation treatments, including applications in challenging…
OE ’s analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet continues to hover in the 74-76% range. The recent softness seen in utilization…
Shell's solution for dealing with the heavy oil at the low-energy BC-10 concession offshore Brazil – caisson separator electrical submersible pumps - is working ‘outstandingly' well according to the field's project manager. Jennifer Pallanich…
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