French-owned utility group GDF Suez is stepping up its UK exploration and production operations with the goal of becoming a major player in the North Sea. The company's UK E&P arm has been involved in the sector for the past 15 years, but is now working up major expansion plans…
Overall, total capital investment on developing UK oil & gas reserves rose by 40% to £8.5 billion in 2011, according to Oil & Gas UK's 2012 Economic Report. Confirmation in the 2012 UK Budget of measures to promote activity in a targeted way…
Oonagh Werngren is relocating to Aberdeen to become GDF Suez E&P UK’s business manager (external affairs and supply chain). A geologist with over 30 years’ international experience, Werngren previously headed GDF Suez E&P developments…
Open markets can be a powerful ally for a world seeking to manage short-term disruptions to energy supply and meet long-term demand, BP group chief executive Bob Dudley declared at the June launch of the BP Statistical Review of World Energy…
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…
OE's latest review of deepwater subsea tieback projects ongoing in the Gulf of Mexico shows the region is still suffering from the after-effects of the drilling moratorium that followed in the April 2010 Macondo disaster's wake. Jennifer Pallanich…
Salaries for oil & gas industry engineers shot up over the past year, rising an average 6.1% across several professional disciplines, according to a new survey released by recruitment firm Hays.The average permanent salary across the survey's sample of 144…
Staffing shortages are creating project delays at a majority of large oil & gas companies, according to new data released by management consultancy Schlumberger Business Consulting.The much-discussed ‘big crew change' – the retirement of geoscientists…
Joe Burkhardt will receive an OTC distinguished achievement award in Houston next month for leading the concept and system engineering of Exxon USA’s Subsea Production System (SPS), a groundbreaking shallow-water pilot program that was itself…
Raytheon Anschütz is expanding its presence in the US navigation systems market with the startup of operations in San Diego, California. Co-located at an existing Raytheon facility, the office will be headed by Frank Christophersen, newly appointed VP sales USA.
Building on a record high set in 2011, upstream oil & gas spending in the UK will continue at robust levels in 2012 and beyond, according to research consulting company Wood Mackenzie. In the firm’s annual analysis of the previous year’s UK upstream spending and outlook for the coming months…
Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…
Andrew McBarnet puts the decision-making of marine seismic companies under the microscope.Carrying on where we left off (OE last month), the future of financially troubled SeaBird Exploration and its ocean bottom node (OBN) seismic acquisition business remains unclear…
FirmsGreatship Subsea Solutions and Gregg Marine formed an alliance to offer subsea geotechnical site investigation services globally. The venture plans to offer a DP2 geotechnical drillship with a seafloor drill capable of coring and sampling in 3000m water depth…
A growing belief that the ‘bow wave' of the long-awaited North Sea decommissioning market has now reached the industry was evident at last month's sell-out Offshore Decommissioning Conference† in Dunblane, Scotland. Meg Chesshyre reports.A plea…
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