The offshore oil & gas industry has long relied on sensors and sporadic ROV footage to find out what's going on subsea. Now a new tool designed for permanent deployment at well sites is about to change all that, according to Weatherford's Ole Tom Furu…
Back from the SEG annual meeting in San Antonio, Andrew McBarnet detects stirrings in the market for ocean bed seismic services.Ten years ago when the Society of Exploration Geophysicists (SEG) held its annual meeting in San Antonio, the event…
Back from the SEG annual meeting in San Antonio, Andrew McBarnet detects stirrings in the market for ocean bed seismic services.Ten years ago when the Society of Exploration Geophysicists (SEG) held its annual meeting in San Antonio, the event…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…
Two Engineering Construction Industry Training Board (ECITB) initiatives have been launched in the UK for offshore companies looking to address the skills gap through the reskilling of adult trainees. The first 16 learners recently completed their training…
Multi-client specialist TGS took the marine seismic business by surprise last month with the purchase of Stingray Geophysical, a UK-based start up company focusing on seismic-based permanent reservoir monitoring (PRM). Andrew McBarnet discusses what prompted the move…
Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…
The old rivalry between ROV pilots and divers appears to be breaking down, as both sides recognize the considerable benefits of working together. Russell McCulley referees.--'When I started, it was taboo to even get near an ROV,' says Michael Johnson…
Industry experts gathered in Houston late last year to discuss the future of floating LNG. Jennifer Pallanich joined them.A supply glut stemming from a wave of project sanctions between 2003 and 2005 followed by the North American shale revolution…
Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration…
The pre-salt Tupi field may claim most of the interest when it comes to oil activity offshore Brazil, but plenty is going on along the large country's coastline. In the last two months, Petrobras has brought online two fields, updated its files…
Matthew Simmons, an energy investment banker and peak oil alarmist who in recent years was a strong advocate of renewable energy, died on 8 August at his home near Rockland, Maine. He was 67.In the 2005 book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy…
LOCH NESS SITING:AWS Ocean Energy began testing a 1/9th scale prototype of its new AWS-III wave energy device in Loch Ness. The device is a ring-shaped multi-cell floating power system that, at its full 60m-diameter scale, will be capable of generating up to 2…
Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…
Non-productive time (NPT) associated with control systems software and hardware integration remains a significant drain on high-spec offshore asset costs, according to a study released last month.The study, by the Athens Group and ModuSpec,…
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