Offshore Regions News - page 1563

 

Industry set for new MPD guidelines

Feb 02, 2015

Jerry Lee reports on new guidelines for managed pressure drilling operations due out this year from both ABS and API. Pacific Drilling’s Pacific Santa Ana drillship, classed by ABS, has been outfitted…

A sinking feeling

Feb 02, 2015

Ekofisk is an iconic field, but its uniqueness gives operator ConocoPhillips some specific challenges around subsidence. Elaine Maslin reports. The Ekofisk Complex. Photo from ConocoPhillips Norge…

Keeping a cool head in the Arctic

Feb 02, 2015

Golder Associates’ Ken Been explains the best approach to geotechnical engineering and pipeline construction when facing scours and pits in the Arctic ice. Fig. 1: Ice scouring.  Over the coming decades…

Rig market hits hard times

Feb 02, 2015

Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14.  Source: ABS. Weak demand…

Deepwater drilling markets – Darkness before dawn

Feb 02, 2015

Over supply of oil, diminishing returns and an increasing rig fleet will challenge rig operators in 2015. Rystad Energy’s Joachim Bjørni and Oddmund Føre look for a ray of light. Graphs from Rystad.    Throughout 2014…

President requests US$204.7 million BSEE budget

Feb 02, 2015

President Obama’s fiscal year 2016 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is US$204.7 million, providing robust support that will enable BSEE to keep pace with industry activity and the technology developments…

Energy Recovery and Zaptec

Feb 02, 2015

A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…

Lighting the way

Feb 02, 2015

Sending electricity to offshore installations from onshore has been proven on the Norwegian Continental Shelf, but cost is a factor. Elaine Maslin reports. Total’s Martin Linge development. Image from Siemens…

An accelerated approach

Feb 02, 2015

Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA.   Mozambique’s…

North Sea: Challenges ahead

Feb 02, 2015

There can be little doubt – either for us as energy professionals in the sector, or anyone who has picked up a paper over the last few months – that the UK oil and gas industry is facing a serious challenge. Mike Tholen…

Cobalt appoints Cameia executive VP

Feb 02, 2015

Cobalt International Energy appointed Shashank V. Karve as executive vice president, Cameia development. Karve joined Cobalt in December 2014, and is accountable for execution of the Cameia development project to production, ensuring safe…

Inefficient producers will be driven out

Feb 02, 2015

Kuwait Petroleum Corp.'s (KPC) CEO today said the company would be increasing output, a move he says will put pressure on deepwater projects as well as the likes of onshore oil sands and expensive unconventional projects. Nizar Al-Adsani said the market…

Oceaneering International to acquire C & C Technologies

Feb 02, 2015

Oceaneering International agreed to acquire C & C Technologies, Inc. (C&C), a provider of survey services, for approximately US$230 million in cash. Headquartered in Lafayette, Louisiana, C&C Technologies offers ocean-bottom mapping services…

North Sea confidence plummets

Feb 02, 2015

Oil and gas industry sentiment in the UK plunged dramatically in Q4 2014, according to the results of a survey published today. Oil & Gas UK’s Business Sentiment Survey says optimism in the oil and gas industry fell 16 points to -23 points on a -50/+50 scale…

Talisman UK CEO joins private equity firm

Feb 02, 2015

Private equity group Epi-V has taken on Talisman Sinopec Energy UK CEO Geoff Holmes to lead its FourPhase portfolio company CEO as it looks to grow its global portfolio. it has also taken on Expro director Tony Kitchener, as Chairman…

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