Post-Macondo efforts to improve well containment capabilities on both sides of the Atlantic moved into higher gear last month.In the US it was confirmed that Technip will handle front- end engineering and design of a proposed subsea well containment…
Merger and acquisition activity in the US oil & gas sector picked up steam 3Q 2010, despite ongoing uncertainty about business in the Gulf of Mexico, reported PricewaterhouseCoopers.For the three-month period ending 30 September, there were…
Global upstream capital spending should rebound this year, according to IHS Herold director Nicholas Cacchione, author of the research firm’s 2010 Global Upstream Performance Review, released last month. ‘In North America, E&P investment increased 30% in the first half of 2010…
Ageing FPSOs present naval architect with GL – installed March 2000 in 90m potential safety challenges that the oil & gas industry is only now coming to terms with, according to GL Noble Denton. ‘There have been over 200 floating production system deployments…
BP in late August was in the final stages of permanently plugging the deepwater Gulf of Mexico Macondo exploration well, which spilled nearly 5 million barrels of oil between the 20 April blowout that destroyed the Deepwater Horizon rig and mid-July…
The pre-salt Tupi field may claim most of the interest when it comes to oil activity offshore Brazil, but plenty is going on along the large country's coastline. In the last two months, Petrobras has brought online two fields, updated its files…
Subsea installation of the world's largest test facility for wave energy technology was imminent as OE went to press, with the loading of the UK South West Regional Development Agency's pioneering Wave Hub and its 25km power cable onto a cable…
Big things are in the air at Dockwise. Since going public on the Dutch stock exchange last December, the heavy marine transportation specialist has been putting together an ambitious five-year growth plan for its traditional core business and two key bolt-on activities…
Late in the evening 20 April, an explosion rocked the deck of the Deepwater Horizon and set off a fire that raged for 36 hours before the Transocean semisubmersible plunged to the seafloor 5000ft below. As OE went to press, operator BP and other…
The importance of battery selection for demanding downhole electronics applications, in particular measurement-while-drilling tools, is discussed by Saft’s Wayne Pitt.As oil companies strive to reap the maximum potential from their prospects…
The South Pars gas field, located in the Persian Gulf between Iran and Qatar, is one of the largest independent gas reservoirs in the world. The estimated 14tcm of gas and 18 billion barrels of gas condensates on the Iranian part of the field…