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)…
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…
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…
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…
An important milestone in Apache's UK North Sea Bacchus field development was reached recently with installation of a 6.7km pipeline bundle. The job was overseen by Flexlife, whose operations director John Marsden here describes how it was planned and executed…
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…
OPITO, the Aberdeen-headquartered body serving as the focal point for skills, learning and workforce development in the UK energy sector, estimates that over 15,000 new posts will be required over the next five years to deliver UK offshore project plans…
Marathon Oil is spinning off its downstream business to create the upstream Marathon Oil Corporation, to be based in Houston, and the downstream Marathon Petroleum Corporation, based in Ohio. Marathon Oil will operate and report through three segments: exploration & production…
McDermott picked up a Bentley Systems innovation in construction award at the infrastructure software provider’s recent ‘Be Inspired’ gathering in Amsterdam for the early delivery of the Su Tu Vang central processing platform at the Cuu Long project offshore Vietnam…
Subscribe
