The 50:50 partners in Denmark's Siri oil field fell out last month over the latest proposals to deal with the subsea cracks that have beset the 13-year old Siri production and storage platform in recent years. Meg Chesshyre reports.The row…
At the EAGE annual meeting in Vienna Andrew McBarnet discerned a mood of surprising equanimity in the marine seismic community.Some titles are hard to live up to. So, even though the recent annual meeting of the European Association of Geoscientists…
A commercial version of a subsea booster designed to improve production of fluids containing both liquid and free gas is expected to be made available next year by Aker Solutions and its JIP partners. Jennifer Pallanich talks to Aker's Christian…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
Andrew McBarnet reviews some of the history of Norwegian marine seismic ventures to assess the aspirations of the latest entrant into the market.The launch of yet another Norwegian-inspired company dedicated to making its mark on the marine seismic business is so déjà vu…
In 2010, ShawCor picked up an OTC Spotlight on Technology award for its Thermotite Ultra pipe insulation coating system. That summer, two of the company's divisions, Bredero Shaw and Bredero Shaw FJS, put the technology to use on a reeled pipeline…
Rowan Companies is selling all its shares in manufacturing subsidiary LeTourneau Technologies to Joy Global in a $1.1 billion cash deal. Rowan acquired LeTourneau, which built the majority of Rowan's jackup rig fleet, in 1994. Rowan president…
As an indicator of the health of the oil & gas industry, attendance at May's Offshore Technology Conference in Houston suggests that recovery from the global recession is well underway. OE looks back over some of the sights and sounds of OTC 2011…
In-depth studies into coincidental flaring offshore have found a less than one in 100 year design case which if not handled would risk loss of the ability to flare in an emergency, with potentially severe consequences. With bridge-linked installations on the increase…
A decade after acquiring Kvaerner, Aker Solutions is preparing a demerger that will spin the company off as a separate, fully fledged EPC contractor – with concrete gravity base structures (GBS) very much on its agenda.Legacy company Norwegian…
Orders for newbuild floaters and jackups have surged to the highest level in years. But will tight shipyard capacity squeeze some drillers out of the market? Russell McCulley rounds up some opinions on the drilling business circa 2011, including a forecast of greater industry consolidation…
Norwegian mechanical engineer Julius Espedal had his first real brush with the forces of nature when undergoing offshore safety induction and emergency training in the UK back in 1999. Now he is getting reacquainted with them as his company…
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…
Finland's Wärtsilä and Norway's Aker Solutions are combining their respective fields of expertise to develop the ultimate environmentally friendly offshore wind farm installation vessel concept, designed for operating in IMO emission control areas…
Subsea welding goes deeperA decade of research at the UK's Cranfield University has confirmed that subsea welding can be successfully conducted at depths of up to 940m, more than 600m deeper than previous records and far deeper than the 180m depth limit for divers…