Rising day rates and demand for drilling in deepwater environments are helping the offshore drilling sector recover from not just the global economic gloom of recent years but also the post-Macondo drilling moratorium in the US. According to…
Ciaran O’Donnell has been appointed CEO of subsea project and integrity management specialist Flexlife. He was co-founder and CEO of CSL before its 2007 sale to DOF Subsea, remaining for three years afterwards mainly in the role of Atlantic region EVP.
Norwegian operator Statoil acknowledged last month that it could have been clearer in its dialogue with Norway's Petroleum Safety Authority following the May 2010 incident where pressure build-up in well 34/10-C06A resulted in a near blowout and the shutdown of the Gullfaks C platform…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
The Canadian government, through the Atlantic Innovation Fund, kicked in C$3.2 million to help fund an $8.5 million oil & gas industry research project to improve DP operations in ice. Led by the Centre for Marine Simulation (CMS), the five…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
French-owned utility group GDF Suez is stepping up its UK exploration and production operations with the goal of becoming a major player in the North Sea. The company's UK E&P arm has been involved in the sector for the past 15 years, but is now working up major expansion plans…
At a recent Bergen conference showcasing the strength in depth of Norway's subsea industry, Statoil EVP Øystein Michelsen challenged delegates to work with his company in developing the technology to go further, deeper and colder and seize the…
The Inter-M Pulse long-term mooring connector, developed by InterMoor in conjunction with sister company Pulse Structural Monitoring, was recently put through its paces in a North Sea field trial. Alan Duncan, MD of InterMoor UK, reported…
With the 2012 Atlantic hurricane season well under way, Weather Research Center's Jill Haslings discusses key learnings from the super storms of the past decade and how the Freeman/Hasling Damage Potential Scale can help the oil industry better understand the threat from the Gulf hurricanes to come…
Despite higher oil prices, improving access to capital, increasing economic optimism and a generally more favorable deal environment, oil & gas executives are still cautious about engaging in M&A, according to Ernst & Young's sixth Global Capital Confidence Barometer…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the competitive fleet of mobile offshore drilling units worldwide has been gradually improving since February and is currently in the mid-80% range…
Specialist offshore fabricators continue to innovate in pursuit of an oil & gas market edge. Meg Chesshyre opens this month's yards round-up with a review of progress on the latest additions to Centrica Energy's North Sea infrastructure.Centrica’s…
Tomahawk, the latest addition to Forum Subsea Technologies’ ROV range, has been built to be fast and agile and it shares the same 35kW power system and thrusters as Forum’s largest electric vehicle, the Comanche.It is manufactured at the Aberdeenshire facility of Sub-Atlantic…
The water depth record for conventional mooring offshore Brazil was improved by another 12m – to 2027m – by InterMoor recently under its one-year mooring and positioning support operations contract with Shell using the mobile offshore drilling unit Noble Clyde Boudreaux (pictured)…
Subscribe
