Offshore Regions News - page 1392

 

Simplifying work practices could save millions

Mar 02, 2016

The UK oil and gas industry could release more than five million man hours each year if the sector standardized and simplified safety practices.   The sector could recover as much as one hour of work per day per person at worksites through…

No delay for damaged Noble newbuild

Mar 01, 2016

A Noble Corp. newbuild jackup destined to work for Statoil in the North Sea sustained damage earlier this week at the Sembcorp Marine Tanjong Kling shipyard in Singapore, is expected to be delivered on time. Illustration of the Noble Lloyd Noble…

ONE funding for UK Oil and Gas Technology Centre

Mar 01, 2016

Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…

Anadarko cuts budget, focuses on offshore

Mar 01, 2016

Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…

Petronas to cut 1000 jobs

Mar 01, 2016

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…

Petrobras axes PetroRio field sale

Mar 01, 2016

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…

VIDEO: Production well drilling starts on Johan Sverdrup

Mar 01, 2016

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…

In your (completion) dreams

Mar 01, 2016

Elaine Maslin reports on Saudi Aramco’s work to improve recovery through “smart” completions, thereby simultaneously reducing intervention. Dr Mohamed Nabil Noui-Mehidi speaking at the Society…

Studying hydrate management

Mar 01, 2016

Jerry Lee takes a look at recent work conducted by the Colorado School of Mines and the University of Tulsa (Oklahoma) to mitigate gas hydrate formation. Hydrate formation, deposition, and detection…

The downward spiral

Mar 01, 2016

Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…

A subsea Inovatum

Mar 01, 2016

Not all projects for clients come to fruition, but the work done along the way can lead to greater things as Norway’s Inovatum Lifting is finding out. Elaine Maslin reports. Two 150-tonne INOshackles…

Tug of war

Mar 01, 2016

BSEE has proposed a new well control rule that the agency says will make operating in the Gulf of Mexico safer. But, the industry disagrees, and now it has two studies to prove it. Audrey Leon sets out the detail. At…

Latin America: Great expectations

Mar 01, 2016

Brazil and Mexico are not the only games in town in Latin America. The deepest water well ever drilled is lined up for offshore Uruguay and Exxon is set to test Liza offshore Guyana. Elaine Maslin reports. The newly minted Maersk Venturer drillship…

Upping the Amps

Mar 01, 2016

After making a splash on the market with its pinless, wetmate connector Maelstrom in 2013, Elaine Maslin examines how Bergen’s WiSub is upping the game. The Torden pinless wet mate connector.  Small…

The final countdown

Mar 01, 2016

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…

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