Increased uncertainties about operating in ultra-deepwater typically result in over-designed production systems with resulting increased costs. Prasanna Parthasarathy and Kellin Nelson of MSi Kenny and Shell's Howard Littell discuss how high…
BP has come under fierce criticism for its response to the Macondo blowout, a months-long saga of top hats, riser insertion tools and other containment efforts that only began collecting a significant portion of the oil spilling into the Gulf several weeks after the event…
The Macondo oil spill will have a lasting impact, but not the same repercussions on the petroleum industry that the Three Mile Island accident had on the nuclear industry. So said Douglas Becker, director oil services & equipment, global research for Bank of America…
Andrew McBarnet detects a shift of emphasis in the marketing of marine seismic.The marine seismic industry is well used to the cyclical nature of its operations, but could currently be described as being in something of a state of limbo. This…
Ultimately, the life of existing offshore assets will have to be extended, safely and reliably, and balancing production against integrity requires a comprehensive understanding of those assets and the use of management strategies that engage employees at all levels…
Chemical tracers have long been used to keep tabs on what is going on in a reservoir, such as characterizing injection water flow through the reservoir, and to determine what type of fluid is flowing from a certain location along the well. Jennifer…
Boosting recoveryThe HiWay flow-channel hydraulic fracturing technique, formally released by Schlumberger late June, is designed to maximize production and hydrocarbon recovery through the creation of open flow channels within the propped fracture…
Weather is a major factor when planning offshore drilling campaigns. Asbjørn Stålesen of FMC Technologies says the company's Real Time Operating Limits system has allowed it to increase the time available for carrying out drilling work.The biggest…
With a major Russian Arctic contract already in the bag for next year, the Tideway Group is looking at early payback on its €115 million investment in the industry's first ice-class fallpipe rockdump vessel.Dubbed Flintstone, the DP2 vessel…
OE 's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 76%, near the top of a 74%-76% band that it has traversed over the past 11 months…
The last couple of years have seen fairly lean pickings for offshore fabricators in the Netherlands and on the UK east coast. But for one Dutch yard, paradoxically, things could scarcely have gone better.HSM in Schiedam, already sitting on a…
Wave and tidal energy specialist Marine Current Turbines and its project partners Queen's University Belfast, Mojo Maritime and Edinburgh University, have secured a grant of £250,000 from the UK's Technology Strategy Board and the Engineering…
With holding power over 100 times their own weight as well as clear economic advantages, the first drag embedment anchors made quite a splash in the offshore industry in the 1970s. Yet some project engineers still feel more comfortable with…
Within days of sister company Heerema Fabrication Group handing over the largest offshore deck ever built in the Netherlands, Heerema Marine Contractors was announcing plans to diversify its installation fleet with a multirole monohull vessel…
The first half of 2010 saw 118 new offshore wind turbines fully connected to European grids according to the latest statistics from the European Wind Energy Association (EWEA).Those 118 turbines have a capacity of 333MW – well over half the…
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