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…
US offshore wind studies under wayThe US Department of Energy has awarded GL Garrad Hassan two grants worth a total of $700,000 to fund studies that will help identify optimal strategies for the installation, operation and maintenance of offshore…
ABB and Norwegian naval architect Inocean are to set up an engineering services joint venture offering design, engineering, project management and fabrication supervision for offshore wind projects. ABB Inocean AB will operate under CEO Jon Erik Borgen from premises in Gothenburg, Sweden.
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)…
Dutch contractor Stork Technical Services continues to make inroads into the offshore oil & gas sector as it pursues its ambition to become a global force in the provision of maintenance, modification and overhaul services. Meg Chesshyre talks to the man with the plan…
'The scope of [NAM/Shell] well repair and maintenance work will see [Kraken] visit nearly 50 platforms.'Offshore oil & gas and wind power opportunities for England's eastern region were debated at the biggest ever conference staged by EEE…
OAA 2012 prize winners (left to right): Professor Alex Kemp (lifetime achievement); Shell UK’s Emma Stephenson (young professional) and Sandy Clark of Amec (large company).Expro Group’s David Shand (left) collects his company’s innovator award from BG’s Neil McCulloch…
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…
India's biggest offshore lift to date – the 4000t MLQ (Mumbai Living Quarters) module, designed and constructed by Larsen & Toubro for ONGC – was successfully carried out by Seaway Heavy Lifting's new 5000t lift capacity heavylift vessel Oleg Strashnov on 12 February…
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…
A range of robust subsea power cables qualified for long life and low life cycle cost applications has been launched by BPP Cables, a subsidiary of BPP-Tech. Targeting subsea, downhole and pipeline flow assurance applications, the advanced cable designs have been developed…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships…
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