Andrew McBarnet suggests that the major marine seismic players are favourites to win in a crowded market.You would never realise it from the current crop of financial results and muted forward-looking statements from CEOs of marine seismic vessel operators…
Macondo mattersSir, OE's article by Ian Fitzsimmons on preventing future Macondo spills [‘Macondo and other titanic struggles', OE July] was excellent and I distributed a copy to my colleagues both in EIA and DOE. The recommendations made…
Having repositioned itself during the 2009 downturn, Aberdeen-based consultancy Altra Energy recently joined forces with offshore contractor SLP North Sea to secure its first full-scope engineering assignment – for a new satellite production…
FIRMSTGS-Nopec Geophysical has bought the directional survey business and information for ongoing client-initiated programs from P2 Energy Solutions' Tobin business line. The purchase includes P2's existing database of over 38,000 directional surveys…
Established in the UK last summer to improve the energy industry's access to skilled personnel retiring from the services, Forces4Energy and is already assisting clients in the selection, training and strategic placement of highly skilled technicians…
In 2007, OGX was but a dream of Brazilian entrepreneur Eike Batista. In the course of three short years, the company secured financing for leases, bid on and won shallow water blocks, secured drilling rigs, hired about 150 staff, tallied six…
Operating in the marine seismic environment requires the ability to constantly adapt and chase down the opportunities. Andrew McBarnet describes how fortunes tend to favour the big rather than the brave.It’s business as usual’ has got to be something of a misnomer in commercial life…
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,…
‘It seems the world is feeling better,’ observed Talisman Energy president and CEO John Manzoni, striking an optimistic note in his keynote speech at the recent IP dinner in London. But, he wondered, is the oil & gas industry ready to drive…
The trend toward putting more and more production equipment on the seabed – and in increasingly deeper waters – strongly challenges the offshore construction industry to continuously improve their ability to perform such activities in a safe and cost-effective manner…
While a nationwide freeze and the world’s biggest windfarm licensing round hogged Britain’s headlines last month, Oil & Gas UK energy policy manager David Odling issued a timely reminder of the need to bolster indigenous gas production.Calling…
Why has the inhospitable West of Shetland region consistently bucked the trend of enhanced conservatism felt throughout the wider offshore market? And what is driving this activity? Infield Systems' Luke Davis, Gregory Brown and Dr Roger Knight…
Over 300 energy leaders debated the challenges of a sustainable future for the North Sea and explored the potential development of the subsea market over the next 10 years at November's Subsea Europe conference in London. Meg Chesshyre reports…
Each major North Sea platform has in the region of 4000 valves ranging from safety relief valves and emergency shutdown valves through control valves and general isolation valves. Meg Chesshyre talks to specialist valve maintenance company Severn…