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…
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…
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)…
A new line of fire-resistant cables, developed by Keystone with input from engineers, consultants and contractors involved in Chevron’s Gorgon LNG project, will feature on the Westrade Australia stand at this month’s Australasia Oil & Gas show (Perth…
Despite some concerns over the global economic outlook, oil & gas industry leaders are expecting improved performance and higher capital expenditures in 2012, according to an annual survey of top industry executives and directors.The study, Big…
In its drive to improve and align safety and competence standards in the global oil and gas industry, Opito International has commissioned new research to discover how companies are assuring the workforce is competent, rather than simply compliant…
The proliferation of modern specialist vessels serving just about every sector of the offshore oil & gas business has not gone unnoticed by traditional shipping industry equipment and service providers, as was plain to see at the 2011 Nor-Shipping event in Oslo late May…
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…
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…
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…
Litigation continues in US courts over the Obama administration’s Gulf of Mexico deepwater drilling moratorium, despite the early lifting of the six-month drilling ban in October. In a 19 October decision, US District Court judge Martin Feldman…
GDF Suez takes over as operator of Gjøa when the field comes onstream in October. The project comprises a semisubmersible platform with subsea tiebacks, and is also expected to be a hub in the future. Meg Chesshyre opens this month's Scandinavian…
Brazilian operator Petrobras expects to initiate production from a new reservoir to existing facilities in Modules 1 and 2 of its deepwater Marlim Sul field this summer and bring a third module onstream via the P-56 semi early next year. Asset…
While operating in Brazil’s pre-salt region does require an array of technologies, Petrobras CEO Jose Gabrielli told a Houston lunch that a bigger challenge lies in meeting logistical demands for operating in deep waters offshore. During the Brazil-Texas Chamber of Commerce event in March…
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