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…
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…
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…
Two years after Macondo, BP launched an all-out effort at OTC 2012 to demonstrate its commitment to safety and to its future in the Gulf of Mexico. Russell McCulley reports.Among the many legacies of the 2010 Deepwater Horizon blowout is what's…
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…
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…
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…
In a perceptive and timely contribution to the ongoing Macondo debate, US Bureau of Safety and Environmental Enforcement director James Watson spelled out the key lessons learned from the disaster in a Houston Chronicle opinion piece last month…
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…
BOEMRE director Michael Bromwich vows that deepwater drilling will return to the US Gulf of Mexico in the coming months, marking a return of exploration all but shut down after the Deepwater Horizon disaster. But the oil & gas industry remains skeptical…
In the run up to the Macondo trial, which was to begin in Louisiana late last month, the federal judge hearing the case ruled contracts between well operator BP and its contractors – including Transocean and Halliburton – indemnified the contractors…
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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