Tata Steel has announced a near £2 million program of investments at its 20in high frequency induction (HFI) pipe mill in Hartlepool, UK, to offer a new generation of higher strength offshore construction grades. The company’s investment…
In a sustained low oil price environment, operators are facing increased pressure to reduce costs and minimise risk when making a final investment decision (FID) on a project, resulting in many capital intensive offshore developments being shelved…
More than 55 members of the Society of Petroleum Engineers (SPE) Aberdeen came together last night to celebrate the achievements of individuals within the Section. The awards ceremony, at the Aberdeen Exhibition and Conference Centre…
DNV GL has launched a new recommended practise (RP) focusing on cyber security as the increasing digitalization of the industry poses the threat of it becoming more vulnerable, at SPE Offshore Europe. DNV GL says almost 68% of oil and…
Wood Group has led a global project to improve industry knowledge and understanding of flexible pipe integrity management. The findings of the Sureflex joint industry project (JIP) are published today (Tuesday 5 September) in a report…
Semco Maritime has won a deal to upgrade Seadrill’s West Elara jackup, to prepare the rig for an upcoming ConocoPhillips job in 2018. The West Elara, from Seadrill. Following upgrade…
Semco Maritime has won a contract to upgrade the West Elara jackup rig for a new, long-term assignment for ConocoPhillips, starting in 2018, in the Norwegian North Sea. The contract is the largest for Semco Maritime's Hanøytangen yard to date…
Scotland could be at the forefront of the future of oil and gas through developing expertise in decommissioning, the Exchequer Secretary Andrew Jones, Exchequer Secretary to the Treasury, is due to tell SPE Offshore Europe this morning. The…
Downhole sealing solutions firm BiSN has successfully completed its first North Sea project. The plugging and abandonment work in the Valhall field, offshore Norway, for Aker BP, used BiSN’s metal-to-metal downhole sealing solutions, BiSN (stand 6A21) told the SPE Offshore Europe Show Daily…
Despite taking the job as head of a new industry regulator, in the midst of what has become one of the industry’s worst downturns, Andy Samuel is still a man who sees opportunity on the UK Continental Shelf – but not without continued effort…
Aberdeen City & Shire has been through a shock, these past three years. While the 4th industrial revolution is high on the agenda at this morning’s Aberdeen & Grampian Chamber of Commerce (AGCC) SPE Offshore Europe 2017 business breakfast…
When it comes to oil industry heavy weights, the CEOs of Shell and BP are up there. At SPE Offshore Europe today, plenary session delegates will hear from both, alongside Wood Group CEO Robin Watson, in this morning’s plenary session. We caught up with Shell CEO Ben van Beurden in advance…
Oilfield services company Expro (5D110) has secured a five-year master services agreement with Repsol Sinopec Resources UK, for well services across its UK North Sea assets, the firm revealed during SPE Offshore Europe. The contract is…
Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the global energy transition until 2050. While fossil fuel will still provide more than 40% Peak of the world energy demand…
As SPE Offshore Europe opens its doors, petroleum economist Professor Alex Kemp gives his view on the outlook for the North Sea. Over the past three years the North Sea oil and gas industry has made a very painful adjustment to the dramatic fall in oil prices…