For the US energy industry, 2014 will be remembered as the year when crude oil prices fell below US$50/bbl, resulting in significant realignments in the sector. Aside from the oil price collapse and the historic high of domestic natural gas production…
Following Mexico’s historic energy reforms, Fernando C. Hernandez of Reaching Ultra, discusses what is still needed in order to make Mexico a major deepwater player. Fig. 2: The Perdido Hub as seen from a crew boat…
A review of resources on the Norwegian Continental Shelf shows that the current recoverable volume of oil in fields and discoveries exceeds the estimated figure in 2005. Further, it presume that more oil remains to be discovered, according…
Newly formed Norwegian exploration firm Origo Exploration has given a boost to its exploration portfolio by signing three farm-in transactions involving four licenses: two on the UK Continental Shelf, and two on the Norwegian Continental Shelf…
OMV's Maari MR7A development well is now online offshore New Zealand, according to joint venture partner Cue Energy. Map of PMP 38160. From Cue. The Maari MR7A well is located in PMP 38160 in the Taranaki basin…
Maintaining a modern fleet with long-term contracts while setting drilling records is Maersk Drilling’s way of doing business. Eloise Logan spoke to the firm’s chief technology officer. The Maersk Voyager drillship…
Viking Life-Saving Equipment is taking PPE to the limit. Meg Chesshyre explains. Viking’s polar liferaft is ready for use—even at -58°F. Photos from Viking Life-Saving Equipment Arctic…
According to Guyanese Online, Reuters, MercoPress and other news organizations, an ExxonMobil subsidiary and its partners have discovered hydrocarbons offshore Guyana, but the Guyanese government reports that it is not sure if the discovery can be confirmed in commercial quantities…
Permasense launched the ET210 Integrity Monitoring System to deliver continuous wall thickness and temperature measurements from topside or surface equipment directly to desk, that will help improve the economics and safety of offshore operations…
Spain’s Repsol is rolling out a new organizational structure following the acquisition of Canadian oil company Talisman Energy that places Repsol as one of the world’s largest private oil companies. Imaz…
Celebrating its 40th Anniversary, Offshore Engineer (OE) and Hasbro Inc, an American multinational toy and game company, teamed up to create a custom MONOPOLY Game for the offshore industry. The OE 40th Anniversary Collector’s Edition MONOPOLY…
Ultra-HPHT, other technologies advance despite oil price drop, but actual deployment in Gulf of Mexico could slow. Bruce Nichols puts it in perspective. Anadarko’s Lucius Truss Spar, located in 7100ft of water…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
While methanol/glycol cleaning could be considered the primary removal method, its efficiency in open water is limited. BOURBON has started using high-pressure water jet cleaning as an alternative. The…
The Offshore Technology Conference (OTC), the world’s foremost event for the development of offshore resources, announced that it will offer complimentary registration during Open Access Day on Thursday, 7 May. Attendees will be able…