In a world where two things are certain – death and taxes – Arctic exploration does offer a certain amount of certainty: just a little bit of information can completely alter the way the industry views a specific Arctic area. Industry leaders…
The 'Obamatorium' – what Ron Neal, the co-founder and co-owner of Houston Energy calls the continuing de facto drilling moratorium in the Gulf of Mexico – is only one component of the political risk that has arisen in what was once a thriving oil & gas activity center…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
In his opinion piece in last month's edition of Offshore Engineer, consultant Ian Fitzsimmons questioned whether the UK Health & Safety Executive's Offshore Division was fit for purpose in a post-Macondo world. Here, Steve Walker, head of the HSE's Offshore Division…
Saipem's new pipelay giant Castorone, currently under construction at Keppel shipyard in Singapore, will replace the veteran Castoro Sei as the contractor's flagship vessel for laying large diameter pipelines and serving the growing deep- and ultra-deepwater markets…
National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…
A rising tide of seismic demand has quite suddenly changed the conversation in the marine seismic community. Andrew McBarnet explains why.It’s amazing sometimes how quickly the clouds can clear. Just a month or two ago marine seismic companies were forecasting another flat year…
Representing a $2 million capital investment so far, the test, qualification & reliability (TQR) laboratory at Oceaneering Umbilical Solutions' Rosyth plant in Scotland boasts an unrivalled collection of cutting-edge umbilical testing and analysis equipment…
Subsea hot tapping specialist TD Williamson has been called upon lately to assist with a number of Southeast Asian gas line tie-ins without recourse to costly and disruptive production shutdowns. TDW's Bancha Pitayagulsarn and Ray Foster discuss the planning and successful execution of these jobs…
The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships…
A robust mergers & acquisitions market in the latter half of 2011, particularly in midstream, bodes well for deal making in 2012, according to Deloitte's Center for Energy Studies. But world events could throw a wrench into the M&A machine, as Russell McCulley reports…
In the run up to the Macondo trial, which was to begin in Louisiana late last month, the federal judge hearing the case ruled contracts between well operator BP and its contractors – including Transocean and Halliburton – indemnified the contractors…
ABS concluded its acquisition of Safetec Nordic in January with a signing ceremony in Trondheim. ABS chairman Robert Somerville said the deal was an important step in equipping ABS Consulting to meet increasingly complex offshore challenges.
AGR’s Aberdeen-based consultancy division has doubled its manpower in the Falklands to supply a team to its well management division to work on the Leiv Eiriksson. Following a six-month recruitment drive, the company expected to deploy a 50…
Clover Tool Company recently relocated its world headquarters to a new 10,000ft2 facility in Fulshear, Texas. President and CEO Don Clover said the new facility would ‘enable us to better serve both our specialty bolting and BOP test equipment customers and accommodate future growth’…
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