Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources…
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…
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…
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 potential of floating liquefied natural gas (FLNG) developments as an energy sector game changer is discussed here by MSC Kenny's Paul Jukes and Wood Group Mustang's Bryan Trocquet.According to the US Energy Information Administration (EIA)…
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…
A third-generation subsea multiphase flowmeter and a second-generation subsea wet gas meter are among the new products expected to emerge next from the Roxar Flow Measurement team in Bergen, now officially dubbed parent group Emerson's Multiphase Centre of Excellence…
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…
Merger and acquisition activity in the oil & gas industry rebounded in 2010, up 35% over the previous year, Ernst & Young said last month. Global transaction value hit $270 billion last year, up from about $200 billion in 2009, the company said…
Saipem's new pipelay giant Castorone, currently under construction at Keppel shipyard in Singapore, will replace the veteran Castoro Sei as the contractor's flagship vessel for laying large diameter pipelines and serving the growing deep- and ultra-deepwater markets…
In a world where two things are certain – death and taxes – Arctic exploration does offer a certain amount of certainty: just a little bit of information can completely alter the way the industry views a specific Arctic area. Industry leaders…
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