Matthew Simmons, an energy investment banker and peak oil alarmist who in recent years was a strong advocate of renewable energy, died on 8 August at his home near Rockland, Maine. He was 67.In the 2005 book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy…
The six-month US moratorium on deepwater drilling following the Deepwater Horizon tragedy, along with tougher regulations and higher liability costs likely to follow, could put the squeeze on independent operators in the Gulf of Mexico. Russell McCulley talks to one company that's pushing back…
Drilling at the Peró and Ingá prospects in block BM-C-40 and the Santa Helena prospect in BM-C-31 has turned up hits for Brazilian relative newcomer OGX. The operator has been focusing on shallow water opportunities (OE April) and has exploratory…
Increased uncertainties about operating in ultra-deepwater typically result in over-designed production systems with resulting increased costs. Prasanna Parthasarathy and Kellin Nelson of MSi Kenny and Shell's Howard Littell discuss how high…
Having repositioned itself during the 2009 downturn, Aberdeen-based consultancy Altra Energy recently joined forces with offshore contractor SLP North Sea to secure its first full-scope engineering assignment – for a new satellite production…
Gas is part of the solution to the global energy challenge says Brian Bjordal, president and CEO of Gassco, whose throughput of gas has doubled in just ten years. Meg Chesshyre reports.On the positive side, notes Bjordal, there are significant…
Chemical tracers have long been used to keep tabs on what is going on in a reservoir, such as characterizing injection water flow through the reservoir, and to determine what type of fluid is flowing from a certain location along the well. Jennifer…
Ultimately, the life of existing offshore assets will have to be extended, safely and reliably, and balancing production against integrity requires a comprehensive understanding of those assets and the use of management strategies that engage employees at all levels…
Having enjoyed the occasional taste of EPC responsibility in recent years, Van Oord Offshore is looking for much more of the same. Although perhaps best known for its rock installation muscle as a subcontractor to the likes of Saipem and Allseas…
Boosting recoveryThe HiWay flow-channel hydraulic fracturing technique, formally released by Schlumberger late June, is designed to maximize production and hydrocarbon recovery through the creation of open flow channels within the propped fracture…
With the UK poised to introduce an offshore carbon storage licensing regime, a process and design optimisation specialist and an Aberdeen-headquartered engineering, construction, operations maintenance and project management group are planning…
Making more sense of pipe handlingNorway's TTS Sense has developed an advanced pipe handling machine named SmartRacker, following the award to the company of a contract to supply an entire drilling package to two advanced newbuild jackups…
BP has come under fierce criticism for its response to the Macondo blowout, a months-long saga of top hats, riser insertion tools and other containment efforts that only began collecting a significant portion of the oil spilling into the Gulf several weeks after the event…
Big things are in the air at Dockwise. Since going public on the Dutch stock exchange last December, the heavy marine transportation specialist has been putting together an ambitious five-year growth plan for its traditional core business and two key bolt-on activities…
By automating the process of data analysis and optimisation, downhole monitoring and completions specialist Zenith Oilfield Technology says its Z-Sight tool facilitates better management of the high volumes of data associated with artificially lifted wells…
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