Offshore Production News - page 355

 

Counting the cost of outsourcing

May 01, 2011

In the past decade, the oil & gas industry has been effective in finding new resources, but much less successful in bringing new supplies onstream. That was the verdict of Eni E&P executive vice president Antonio Vella, addressing this year's Offshore Mediterranean Conference in Ravenna…

Flaring wastes 5% of world's gas

May 01, 2011

A new report estimates flaring of unused gas wastes about 5% of the world's annual production while emitting 400 million metric tonnes of CO2 per year. GE's Flare Gas Reduction: Recent Global Trends and Policy Considerations report estimates…

Ichthys leads Browse Basin LNG rush

May 01, 2011

With FEED almost complete and a final investment decision approaching, operator Inpex is moving ahead with the Ichthys LNG project, on --track to be the first field development in the Browse Basin off Western Australia. Russell McCulley talks to the operator about the Ichthys journey thus far…

Future focus

May 01, 2011

For Fluor, America is only one land of opportunity. Recent contract wins for work offshore Australia, Southeast Asia and the Middle East have buoyed Fluor's backlog. Jennifer Pallanich talks to Fluor executives about recent contract wins and Fluor's offshore strategy…

Fiscal fright for UKCS operators

Apr 01, 2011

A resurgent UK offshore oil & gas sector is mired in fresh uncertainty following the coalition government's surprise imposition of what is, in all but name, a windfall tax on North Sea production. David Morgan reports.In his Budget speech last month…

Perth's LNG push

Apr 01, 2011

With several major LNG projects under way locally and rising demand in neighboring Asian countries, Western Australia's premier Colin Barnett is presiding over a pivotal moment in the state's history. He talks to Russell McCulley about the LNG…

Southern comfort for UK gas men

Apr 01, 2011

A more optimistic view of the future of the southern North Sea gas and the hard-pressed East of England offshore supply chain emerged at a recent regional conference in Norwich. Meg Chesshyre reports.Having acquired assets from BP, Shell and BG in 2003 and ExxonMobil fields in 2007…

Statoil consults on Statfjord A removal

Apr 01, 2011

Production from another of Norway's old-timers, Statfjord A, could potentially shut down as early as 2014 according to operating plans under consideration by operator Statoil. The company recently circulated a consultative document based on that assumption…

Stormy waters: will PIGS ever fly again?

Mar 02, 2011

Recent events in North Africa provide a stormy backcloth to the Offshore Mediterranean Conference (OMC) in Ravenna 23-25 March, but the region nonetheless remains a highly prospective one for the offshore sector especially with Noble beginning to unlock the treasures of the Levantine Basin…

Repositioned for recovery

Feb 02, 2011

Companies across the offshore supply spectrum used the recent downturn to take stock – either out of necessity or for strategic reasons – in order to reposition themselves for when the upturn finally kicked in. OE looks at one such company,…

Making better sense of downhole data

Feb 02, 2011

Distributed temperature sensing data is now often the first port of call when identifying production issues, not the last resort as it had been prior to the adoption of the latest user-friendly data management packages. Tendeka's Garth Naldrett explains why…

Making the FLNG numbers work

Jan 02, 2011

Industry experts gathered in Houston late last year to discuss the future of floating LNG. Jennifer Pallanich joined them.A supply glut stemming from a wave of project sanctions between 2003 and 2005 followed by the North American shale revolution…

Lighter topsides - the what, why and how

Dec 31, 2010

Offshore topsides must be light enough to be economical, yet big and robust to contain all the drilling and production equipment needed to develop the field. Alliance Engineering’s Norb Roobaert argues that there is no need to compromise safety…

Asia Pacific in the FLNG driving seat

Dec 31, 2010

LNG business took a hit last year as the economic downturn put the brakes on global natural gas demand just as US shale gas output started to surge. Infield Systems’ Peter Kiernan reviews the changing gas market fundamentals and assesses the…

Asgard's case for subsea gas compression

Dec 31, 2010

With a Norwegian sector breakthrough in the area of subsea gas compression very much on the cards for the next year or two, Statoil last month reaffirmed the case for compression in the Åsgard area while one the key vendors targeting this technology…

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