Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…
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…
As the giant Nord Stream project, involving 3 million tonnes of rock dumping over two and a half years, comes to an end, Tideway has picked up another substantial project from Subsea 7 for Total's Laggan Tormore project. Meg Chesshyre reports…
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…
Integrated control and safety systems provided by Emerson Process Management under a $23 million contract from BP will help manage operations on the two new bridge-linked platforms to be installed West of Shetland for the Clair Ridge development…
FMC Technologies, flying high on two OTC ‘spotlights on technology’ this year for its advancements in the subsea separation arena, discussed the two projects – Marlim and Pazflor – that earned this recognition.The subsea oil-water separation…
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…
Maintaining a flowline that will operate smoothly following a shutdown means addressing a host of flow assurance challenges. The industry has typically approached the flow assurance question through chemical and mechanical means. Jennifer Pallanich…
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…
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…
Total spending for upstream oil & gas will hit nearly $1.3 trillion this year, led by a robust North American market, according to a new report by IHS.Driven by strong oil prices and the North American unconventional gas boom, global upstream…
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…
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)…
ENSCO 8505, the sixth in a series of seven ultra-deepwater semisubmersibles, recently arrived in Texas for final trials before launching a two-year stint under contract to Anadarko, Apache and Noble Energy in the Gulf of Mexico. Russell McCulley was on hand in Corpus Christi…
Three Norwegian projects are racing to deliver a subsea technology solution that promises to yield major rewards for the industry. Terry Knott provides a thumbnail sketch of the subsea gas compression ambitions for the Åsgard, Gullfaks and Ormen Lange fields…
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