Aberdeen-based deepwater buoyancy, insulation and elastomer product specialist Balmoral Offshore Engineering introduced two additions to its drill riser buoyancy portfolio. The new syntactic foams, Durafloat Superlite and Durafloat Superlite-X…
Drilling and completing the Dutch North Sea's first intelligent auto-gas lift tri-lateral subsea oil and gas well helped transform the highly marginal Van Ghent discovery into an economically robust development. Dana Petroleum Netherlands's Michiel van der Most…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide competitive mobile offshore drilling unit (MODU) fleet remains steady at 86%.Although demand for all rig types has grown by 57 rigs over the last twelve months…
Regulatory enhancements prompted by the macondo disaster now require operators to submit a worst-case discharge (WCd) scenario report prior to obtaining a drilling permit in US offshore fields. How to model WCd for offshore wells in compliance…
GE Oil & Gas introduced its next-generation technology for shearing and sealing wellbore tubulars at OTC 2012. The new Blind Shear Ram, designed for use in GE’s 183/4in ram BOPs, is claimed capable of both shearing and sealing after cutting 65/8in tool joints…
AGR has acquired an 80% shareholding in Steinsvik & Co, a Stavanger-based supplier of safety professionals, including safety coaches and internal control officers, to drilling rigs in the Norwegian market. The firm also provides HSE training…
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…
Lester Clark (pictured) has been appointed VP at specialist subsea services group Acteon. He joins the group from Baker Hughes, where he was director for drilling systems in the Russian Caspian region.
Surface logging company Empirica, a member of Reservoir Group, launched two new technologies that the company expects will trim significantly the time it takes to sample and view well data.Dual Flame Ionised Detection (Dual FID) technology is a high-speed chromatograph…
Baker Hughes’ new Mastiff mechanized, self-pinning rigless intervention system (RIS) provides operators with an alternative method for carrying out pipe installation and retrieval operations that typically require an offshore rig, helping to reduce the cost of abandonment…
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…
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 latest review of deepwater subsea tieback projects ongoing in the Gulf of Mexico shows the region is still suffering from the after-effects of the drilling moratorium that followed in the April 2010 Macondo disaster's wake. Jennifer Pallanich…
A fit-for-purpose capping stack designed to cope with Alaska’s environmental extremes will play a key role in the US Bureau of Safety & Environmental Enforcement (BSEE)-compliant containment system Shell Exploration & Production has put together…