Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…
Production well drilling has started on Statoil's major Johan Sverdrup development offshore Norway. The first of 35 wells was spudded by Odfjell drilling's Deepsea Atlantic semisubmersible drilling rig. The US$13.3 billion first phase…
The floating rig market is preparing for the most challenging year ahead. Leslie Cook, of Quest Offshore, explains. Noble Corp. announced in Q1 it would retire the Noble Discoverer drillship after…
Juan Carlos Luna discusses the risk, compliance and anti-corruption challenges of doing energy deals in Mexico. Image from iStock. Mexico’s energy reform became law on 21 December 2013…
Despite the ongoing bribery investigations, Petrobras is ploughing ahead with new FPSOs. Pietro Ferreira, of the Energy Industries Council, outlines current contracting activity in Brazil and in Mexico. Ferreira…
2015 was a transformative year for NCE Subsea, gaining GCE Subsea status. Now the world-class subsea cluster has a rock solid base to build on and grow out from. GCE Subsea overview. Image from GCE Subsea…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…
The Norwegian subsea industry has been an adventure, and there is nothing to suggest that it is over. Due to hard work, innovation and collaboration, companies and research and development institutions have developed great expertise and gained market shares…
DNV GL’s Santhosh Mony, Eckhard Hinrichsen, and Pedram Fanailoo offer the regulatory perspective on offshore risk management. Photo from DNV GL. Mexico is recognized as one of the top 10 oil producers of the world…
Elaine Maslin reports on Norway’s NUI newly developed seabed sampler, which will take any type of sediment while using an ROV. The sampler during a test subsea. Despite the best…
35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…
Vidar Fondevik’s career has spanned challenging the limits of diving to developing remote operated systems. He reflected on his career with Elaine Maslin. Vidar Fondevik, top left, receiving his SUT Fellowship…
The need to innovate, collaborate and standardize existed well before the downturn, and not least in Norway. Elaine Maslin sets out how Transmark Subsea has been doing all three. Work on Murene at Transmark’s facility near Bergen…
Longer step-outs, harsher environments, deeper waters all point to an increasing need for power on the seafloor. Statoil and its partners are working on solutions. Elaine Maslin reports. ABB’s power from shore vision…
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