An internal Transocean investigation into the explosion and loss of the Deepwater Horizon found that the tragedy was the result of ‘compromised' well integrity due to a series of well design, construction and temporary abandonment decisions made by operator BP…
Offshore sector M&A activity continues apace, with Aberdeen-based ‘inspect, assess and repair' services provider RBG among the latest players to change hands. Meg Chesshyre talks to RBG chief executive Dave Workman about the background to –…
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…
Rowan Companies is selling all its shares in manufacturing subsidiary LeTourneau Technologies to Joy Global in a $1.1 billion cash deal. Rowan acquired LeTourneau, which built the majority of Rowan's jackup rig fleet, in 1994. Rowan president…
Greene's Energy Group has opened an operational base in Singapore to serve the company's Asia Pacific region. The 140,000ft2 location includes offices, a warehouse and heavy equipment yard space, and will provide a regional base for all of Greene's business divisions…
An important milestone in Apache's UK North Sea Bacchus field development was reached recently with installation of a 6.7km pipeline bundle. The job was overseen by Flexlife, whose operations director John Marsden here describes how it was planned and executed…
With over 27 years' of development and application work behind it, Nautronix is a company with subsea acoustics in its DNA. David Morgan looks at the company's provenance and projects, including the recent deployment of its NASNet technology…
OPITO, the Aberdeen-headquartered body serving as the focal point for skills, learning and workforce development in the UK energy sector, estimates that over 15,000 new posts will be required over the next five years to deliver UK offshore project plans…
Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…
A resurgent UK offshore oil & gas sector is mired in fresh uncertainty following the coalition government's surprise imposition of what is, in all but name, a windfall tax on North Sea production. David Morgan reports.In his Budget speech last month…
Investments in the region of NKr65 billion are on the cards over the next few years following ConocoPhillips' recent submission of its plans for the further development of the Ekofisk and Eldfisk fields to the Norwegian Ministry of Petroleum & Energy…
Under a memorandum of understanding with Petrobras, Cameron plans to invest $30 million in R&D facilities at two Brazilian locations. The company's Jacarei plant will add testing capabilities, including a hyperbaric chamber, along with a highpressure…
A more optimistic view of the future of the southern North Sea gas and the hard-pressed East of England offshore supply chain emerged at a recent regional conference in Norwich. Meg Chesshyre reports.Having acquired assets from BP, Shell and BG in 2003 and ExxonMobil fields in 2007…
Decommissioning and abandonment specialist Cutting Underwater Technologies (Cut) assisted Heerema's Thialf with the removal of the Norpipe 37/4A booster platform's eightlegged steel jacket as part of Norway's Ekofisk cessation project. The 5500t platform stood in 85m of water…
The world's largest cargo barge – Heerema's H-851 – announced its arrival on the offshore scene in 1988 when installing the 44,785t jacket for Shell's Bullwinkle platform in a then daunting 412m of water in the Gulf of Mexico. Now, following…
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