Cygnus Instruments has introduced a new range of thickness gauges, used for measuring remaining metal thickness without the need to remove protective coatings. The new range of thickness gauges now incorporated two additional measuring modes…
The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell’s Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008…
Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…
Subsea 7’s cost reduction program announced today includes cuts to its workforce by almost 20%, vessels by 28%, and is expected to lead to a corporate restructuring. Image from Subsea 7. The…
Wood Group Kenny (WGK) has won a five-year contract with Oil Spill Response (Capping) Ltd. (OSRCL) to provide the maintenance support for a key part of a containment toolkit that would be used to control hydrocarbon release in the event of a subsea well control incident…
In the words of a wildly popular weekly US television series: “BP, you are in danger. Hess…you’re safe!” Due to current low oil price realizations, BP's consolidated cash flows in 1Q fell to about US$1.9 billion, a significant fall from a year ago…
Hardfacing has been given a tungsten carbide boost thanks to chemical vapor deposition technology developed in Russia. Elaine Maslin explains. Hardide reactor loading to perform the CVD process…
Infield Systems’ Catarina Podevyn takes a look at recent oil price movements and market conditions on the deepwater (500m+) capex spending up to 2019. Olympus platform in deepwater US Gulf of Mexico…
FMC Technologies awarded DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and work-over system. Subsea illustration…
At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents. Safety model…
2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…
Chevron Australia made an additional gas discovery at the Greater Gorgon Area in the Carnarvon Basin, offshore northwest Australia. The Isosceles-1 exploration discovery well found about 134m of net gas pay in the Triassic Mungaroo Sands in 968m water depth…
Addressing wellhead fatigue issues and proving sufficient margin for drilling operations has been a growing challenge for the oil and gas industry over the last decade. Wellhead fatigue can have significant technical, financial and safety implications for the system…
Ultra-HPHT, other technologies advance despite oil price drop, but actual deployment in Gulf of Mexico could slow. Bruce Nichols puts it in perspective. Anadarko’s Lucius Truss Spar, located in 7100ft of water…
Activity in the Black Sea is set to ramp up this year as oil firms eyes deepwater prospects and move to exploit resources like the significant Domino discovery, according to oil and gas analysts Wood Mackenzie. The firm, which has been…
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