Owners and operators of offshore wells aim at improving efficiency, cutting costs, reducing failures and down time, while maximizing economic benefits. It’s no easy task under the best of circumstances. Reaching these goals requires a sophisticated…
Automation is the ideal way to unite technology with company cultures. Through technology, workers in the offshore environment have the potential to form a myopic view on life. Produce now, don’t worry about tomorrow. It makes sense. From drilling to producing…
Vikoma International Ltd., an oil pollution and environmental technology firm that is part of Energy Environmental Group, launched the OPRS 300 oil pollution recovery system last month. The OPRS 300’s patented discs attract oil…
Wood Group PSN (WGPSN) will deliver operations & maintenance services to Hess Corporation's Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year contract. WGPSN will also provide these services to Hess for…
Bourbon took delivery of the third vessel in its planned 10-vessel inspection, maintenance, and repair (IMR) fleet. The vessel, Bourbon Evolution 803, will operate in multi-service vessel (MSV) mode for subsea system service, off Malaysia…
Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 b/d once the facilities are fully commissioned. 'We are…
Milton Korn of ABS explains how industry is monitoring well conditions and fluids for efficient and safe production. The task of monitoring and controlling operations is difficult onshore, and when subsea drilling and production are taking place in ultra-deep water…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
After more than 40 years of production in the North Sea, with declining production and an ever more complex and costly operating environment, it could be easy to view the basin with a “glass half empty” attitude. However, the industry…
New uses for present technology with new equipment to further effectiveness The Coiled Tubing and Well Intervention Conference, sponsored by ICoTA, the Intervention and Coiled Tubing Association, was held in late March in The Woodlands Conference Center north of Houston…
Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…
COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…
ExxonMobil and 50/50 partner Statoil will commence development on the Julia oil field in the US Gulf of Mexico, the companies announced on 7 May 2013. The project's capital costs could total more than US$4 billion. “The development of…
Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…
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