High oil prices in a mature basin led to a tight market and cost escalation. With low oil prices, the industry is working hard to rein in spending. Elaine Maslin spoke to Oil & Gas UK CEO Deirdre Michie on some of the initiatives underway…
Assumptions around tidal arrays need to be rethought, according to Professor Stephen Salter. Emma Gordon reports. Image from iStock. The renewables industry needs to contest the…
Drilling on Statoil’s Mariner will be a mega project – but Statoil is looking to lighten the load in ways that could only be done on such a large project. Elaine Maslin found out more. The Mariner field concept artists’ illustration…
In advance of OE’s 2015 Global FPSO Forum, in Galveston, Texas, Audrey Leon speaks with the event’s co-chairs – SBM Offshore’s Jim Wodehouse and Endeavor Management’s Bruce Crager – to discuss topics affecting the FPSO sector. Shell…
Understanding your asset is vital before making the big decision. Clarus Subsea’s Vinayak Patil and John MacDonald explain the key challenges of subsea integrity management in the Gulf of Mexico. Figure…
Communication is key, even offshore. Gregory Hale examines how wireless can improve operational efficiencies. A kenetic mesh network in action on and offshore oil and gas rig. Image from Rajant Corp…
Collaboration on- and offshore the Netherlands has resulted in a new concept in platform operations and maintenance. Elaine Maslin reports. Wagenborg’s Kroonborg. Photo from Wagenborg. Across the North Sea…
The sharp decline in oil prices over the past year has magnified the challenges that companies on the UK Continental Shelf (UKCS) have been grappling with for many years; increasing costs, falling exploration and aging infrastructure, coupled with commercial and legal complexity…
Flow visualization in horizontal wells is being improved thanks to carbon composite rods. Elaine Maslin takes a look. The yellow wireline mast suspends the top sheave and the pressure control equipment…
Hurricane Energy has proven commercial oil can flow from its fractured basement oil reservoirs West of Shetland – it’s next job is finding an economical solution to get it to market. Elaine Maslin reports. Artist's…
Shell disconnected the Noble Discoverer drillship from its anchors in the Chukchi Sea after weather temporarily put a halt to its Arctic operations over the weekend. The Noble Discoverer. From Shell Flickr…
South Korean shipyard Hyundai Heavy Industries (HHI) has placed two contracts with Wärtsilä for seawater/propane based regasification modules. The systems are to be installed on FSRU (Floating Storage and Regasification Unit) vessels owned by Höegh LNG…
Rosneft succumbed to a drop in revenue and net income for 1H 2015, however came out ahead in its 2Q 2015 results with an increase of as much as 150%. Image from Rosneft. Revenue for 1H came in at US$46…
National Oilwell Varco (NOV) appointed Jose A. Bayardo as senior vice president and chief financial officer (CFO) of NOV, effective 28 August 2015. Bayardo succeeds Scott K. Duff, interim CFO. Prior to joining NOV, Bayardo, age 43, served as senior vice president…
Equalizer International, a designer and developer of flange maintenance tools for the energy sector, will launch its newest range of tools at Offshore Europe 2015. The NutSplitter range, designed specifically for pipe-line bolted flange joints…
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