Repsol restarted drilling on the deepwater Welwitschia-1A well in Walvis Bay, offshore Namibia, on 4 June, according to partner Tower Resources. Repsol is operator of Namibia PEL0010, containing Welwitschia. Drilling on the first Welwitschia well…
Rowan Companies plc said the Rowan Renaissance drillship has been pulled from service off West Africa after experiencing equipment problems, the company announced in its monthly fleet status report released on 27 May 2014. Rowan said…
Drilling on the deepwater Welwitschia-1 prospect in Walvis Bay, offshore Namibia, might be delayed until the end of May after the wellhead housing “slumped” and issues with the blow out preventer (BOP) control system were discovered. Operator…
Siem Offshore Contractors, a wholly-owned subsidiary of Siem Offshore, has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the Nordsee One Offshore Wind Farm (OWF), a project developed by RWE Innogy…
Repsol Exploration (Namibia) has started drilling operations on the deepwater Welwitschia-1 prospect in Walvis Bay, offshore Namibia, this week, according to partner Tower Resources, via its Neptune Petroleum (Namibia) subsidiary. The well was spudded on April 24…
Middle East rig builder Lamprell has moved into the black, posting a profit. But, the firm warned that recent new order intake means 2014 and 2015 revenues could be lower than expected. The Dubai-based firm, which initiated a strategic review and appointed a new CEO and CFO last year…
Wrench time has been highlighted as one of the key areas the UK offshore oil and gas industry needs to address to improve production efficiency levels. Average wrench time - the amount of time spent working on a mechanical project, either…
Intermediate spool inserted below the Chrtistmas tree; spool provides a profile for landing the control line hanger and hydraulic penetration to allow control on WCS Safety Valve Weatherford’s Brian Marr…
Rowan Companies plc, a global offshore contract driller, is now live with IFS Applications on the first of its ultra-deepwater drillships, Rowan Renaissance. Rowan’s deployment includes requisitioning, inventory, and EAM functionality…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
Wood Mackenzie presented its view of the role of independent oil and gas companies globally in the keynote session: “The independent oil company – mighty oaks from little acorns grow.” This peer group has been at the forefront of conventional exploration…
Jeffrey Soine is CEO and president of Houston-based Renaissance Offshore, recently started up with a $300 million equity commitment from Quantum Energy Partners to acquire and redevelop legacy oil producing properties in the shallow water Gulf of Mexico…
FMC Technologies has signed a definitive agreement to acquire control and automation system solutions provider Control Systems International (CSI). Founded in 1968, CSI is headquartered in Lenexa, Kansas, and has operations in Irvine, California…
As gas wells mature and the produced gas becomes less able to carry water from the well, a decline in flow rate and production to rates below the anticipated decline curve often results. Bert Lugtmeier and Kees Veeken from Dutch operator NAM…
Unfair though it may seem, it is conceivable that the Macondo incident will have at least as damaging and persistent an impact on the offshore industry as Chernobyl does on the nuclear power industry. Professor Andrew C Palmer explains why.On…