Two recently published reports point to a speedy recovery for offshore E&P. The deepwater sector of the oil & gas business should recover quickly from the economic downturn and resume the growth the sector enjoyed before the recession, suggests a new report from Douglas-Westwood…
Prosafe’s newest rival in the flotel market is Swedish company Floatel International, established by Bassoe Offshore and management in Gothenburg in late 2006 and run by an experienced management team comprising personnel from Consafe Offshore…
firms . . .Remedial Offshore has filed for Chapter 11 bankruptcy protection, allowing the company to continue to operate its facilities and offices in the ordinary course of business. Remedial will use the financing to increase working capital…
Paal Kibsgaard has been appointed COO of Schlumberger, taking responsibility for the dayto- day management of all the company’s worldwide operations in addition to its technology organization, including engineering, manufacturing and product development…
It was, and still is, an unassailable dogma throughout the Middle East, among barely beneath-the-surface anti-American European intellectuals, and certainly, the American left: the United States went to war in Iraq in 2003 just for oil. For those people…
The Crown Estate, owner of the UK’s coastal seabeds, last month granted rights in Round 3 to energy companies in nine coastal zones to develop the biggest expansion of wind energy seen in the world so far. Meg Chesshyre reports.--Round 3 has…
Offshore Arctic seismic exploration is not getting quite such a cold reception these days. Andrew McBarnet explains why.Frozen assets take on a whole new meaning when it comes to considering the purportedly huge oil and gas reserves in the Arctic Ocean region…
Two very different reactions were apparent in the latest Schlumberger Business Consulting’s annual benchmark survey of oil and gas engineer recruitment, unveiled in Paris at the energy sector management consultant’s human resources summit for energy leaders from some 60 companies…
Historically, the Middle East play has been an onshore story, with one notable exception: the South Pars/North Field offshore Iran and Qatar. That looks to be a changing trend as operators pursue the offshore gas potential. Jennifer Pallanich reports…
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