The big news coming out of Europe is that it is running out of money, but is Europe also running out of gas? Infield Systems' Peter Kiernan(left) and Dr Roger Knight discuss the future of Europe's gas supply in the light of the growing need to secure energy from Russia and the Middle East…
The focus on safety within the offshore oil & gas industry has never been clearer. Two of Rowan's safety specialists took time to discuss with Jennifer Pallanich the company's work on the safety case for the Rowan Mississippi while the jackup was in the Sabine Pass…
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…
Serial offshore innovator Fraser Innes, a familiar face from early North Sea days through his stewardship of Petroline, is continuing his technology-stretching ways today as CEO of the Dutch-based Paradigm Group and chairman of its two UK offshoots…
Downhole gauges and ESP bypass systems are among the home-grown, leading edge offerings in the Zenith Oilfield Technology portfolio. Meg Chesshyre met up with managing director Greg Davie to find out what else the company has in the works.Based near Aberdeen…
Mindful of Offshore Europe in Aberdeen this month, Andrew McBarnet explains why seismic companies keep coming back to the mainly mature offshore hydrocarbon province of northwest Europe.It's not the most elegant of sayings but 'there's life…
Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
Despite a reputation for ‘cumbersome’ contract processes, recent oil & gas sector reforms have created a more favorable investment climate at Mexican state oil company Petróleos Mexicanos, a Pemex official told the 2011 Petroleum Exposition & Conference of Mexico in Villahermosa…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
Time is running short for a collaborative and cost-efficient approach to decommissioning, believes Optimus consultant Stuart Heggie.Perhaps understandably, governments and operators have put off decommissioning as much as possible. However,…
If current trends continue, Mexico could become a net oil importer in a decade, a new report claims. --Mexico, the world's sixth-biggest crude oil producer and an important supplier to the US, has seen its production fall by more than 25% from its 2004 peak of 3…
On 1 July 2011, Royal Boskalis Westminster N.V. (Boskalis) announced that it reached an agreement with The Rezayat Group of Saudi Arabia (Rezayat) to sell SMIT’s terminal and AHTS transport activities to Lamnalco Ltd. (Lamnalco). Boskalis and Rezayat each own a 50% stake in Lamnalco…
With floating LNG facilities now widely acknowledged to be a key enabler for exploiting stranded gas reserves, Trelleborg Marine Systems' Simon Wilson offers some insights into the new design methodologies needed for integrated berthing and…
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…
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