The Bevel 360 tool in operation. Photos from OMS. In deepwater pipeline projects, welding fatigue-sensitive steel catenary risers (SCR), corrosion resistant alloy (CRA) pipes and flowline pipes to tight specifications is critical…
Triangle Energy entered into a deal with AWE Ltd. for 57.5% stake in the Cliff Head oil field, in the offshore Perth Basin, Western Australia. The Cliff Head oil field is located 10km off the coast of Western Australia at a water depth of 15-20m…
Riyaz Ali from Emerson Process Management describes the problems and possible solutions for testing the final control element of Safety Instrumented Function loops. Accidents in process industries have created concern as to whether functional safety protects personnel…
Offshore wind is headed toward new highs with the North Sea region serving as the backbone of the global market, says Douglas-Westwood’s Celia Hayes. Image from iStock. The offshore…
Bermuda listed Seadrill, and Norwegian drillers Odfjell and Sevan Drilling reported their Q1 results this morning. Intense focus on cost cutting and efficiency have helped all three, as it had with the likes of Ensco and Transocean,…
Oil major BP has bought a 16% stake in the high-pressure, high-temperature (HPHT) Culzean development project in the North Sea, doubling its stake to 32%. BP has acquired the stake from JX Nippon. Maersk Oil North Sea operates the US$4…
Shell announced on 15 May that production from the Brutus field in the US Gulf of Mexico has resumed following a leak at the nearby Glider field on May 12, which shut-in all production to the associated tension leg platform. While production…
A jacket built for the for the Dudgeon Offshore Wind Farm offshore substation by Sembmarine SLP in Lowestoft, England, sailed away from the yard yesterday (11 May). The 1500-tonne structure that has dominated Lowestoft’s port skyline…
UK-based procurement services firm Craig International has launched, at OTC, a new platform to help oil and gas companies offload surplus stock and buy other products and equipment they need at competitive prices. Craig Collaboration…
Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico. As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…
Apache is moving ahead with its Callater development in the Beryl area despite spending cut backs in its North Sea business. The firm has awarded Subsea 7 an engineering, procurement, installation and commissioning (EPIC) contract as part of its Callater field development…
ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…
Centrica plc will reduce its workforce by 3000 jobs this year, with the first 800 jobs to be cut in the first three months, in efforts to cut costs by more than US$1 billion (£750 million) per year. The job cuts are most likely to hit British Gas…
Statoil has cut its average project cost per barrel from US$70/bbl to around $40/bbl, but the work has just started and the changes need to be permanent, even if prices increase, CEO Eldar Sætre said this morning. Speaking at the Subsea Valley conference in Oslo…
After many years of decline, production of petroleum and other liquids in the United Kingdom (UK) increased by about 100,000 b/d in 2015, according to the US Energy Information Administration (EIA). The largest contribution to this…
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