Petronas, through Malaysia Petroleum Management (MPM), has decided to open an area of Malaysian offshore waters to the multi-client model for the first time, according to PGS. A consortium comprising of PGS, TGS and Schlumberger WesternGeco…
Overcome with financial woes, Petrobras is taking another stumble as the company announced a voluntary termination program in hopes to reduce its workforce by 12,000 to save more than US$9 billion (33 billion BRL) in the coming years. Image…
Mid-March, the UK Government made a headline grabbing announcement – taxes would be halved for the ailing North Sea industry. Chancellor George Osborne said he would cut a supplementary charge on operators (a tax in addition to corporation tax) from 20% to 10%…
Dutch offshore contractor Boskalis has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway…
The North Sea is facing some tough challenges. Elaine Maslin spoke with Brenda Wyllie, who aims to confront those challenges as part of the industry’s new regulator, as well as chairman of the DEVEX conference. Brenda…
Heather Saucier examines the geology of the Mediterranean and North African region, and assesses where more discoveries could be made. The location of four assessment units in the Nile Delta Basin Province in the Eastern Mediterranean…
Scot McNeill and Kenneth Bhalla, of Stress Engineering Services, show how measured data coupled with engineering analysis can increase asset utilization. To date, the oil and gas industry has struggled to employ structural monitoring data in meaningful way…
If topsides asset integrity management is a bane, imagine looking after subsea assets. Elaine Maslin reports on the challenges associated with keeping up with both older equipment and newer, more complex equipment. A subsea field layout…
Expro is currently collecting real-time data to support production optimization from brownfield wells using a non-intrusive wellhead surveillance technology. John McKay, Expro, explains. ActiveSONAR…
The lack of automation in the oil and gas industry is a puzzle to Brian Evans from Curtin University, Australia. Elaine Maslin learned how he hopes to redress the situation. Professor Brian Evans…
Elaine Maslin speaks with Oceaneering about its latest underwater technologies and its thoughts on the future of the ROV and AUV industry. The NEXXUS ROV working in the Gulf of Mexico off the Olympic Intervention IV vessel…
The Offshore Technology Conference (OTC) returns to Houston with strategies for adapting to the new normal. Images from OTC. In its 48th run, the 2016 Offshore Technology Conference…
Sometimes it’s not all about throwing the latest bells and whistles at a production facility – its best to keep it simple. Elaine Maslin looks at how an eductor has kept a gas field going. Seajacks’ Kraken working at the DPPA…
The race is on to create an autonomous, resident underwater vehicle capable of long-term inspection operations and eventually a level of intervention. Elaine Maslin takes a look at BG Group’s version. FlatFish during shallow water seatrials…
This year, Allseas’ Pioneering Spirit mega-vessel is finally due to set out into the seas to perform its first heavy lift. Elaine Maslin provides an update. Pioneering Spirit’s twin-hull mounted lifting beams…