Offshore News, Offshore Engineer Magazine - Page 20

 

Baker Hughes Rolls Out Subsea Connect

Nov 30, 2018

New lightweight, modular subsea technologies could reduce not just lead times for equipment delivery but lower the total cost of ownership for the full life of the field.Baker Hughes, a GE company, revealed its thinking on subsea developments during the launch event in Houston earlier this week…

Tullow Acquires 35% Stake in Comoros PSC

Nov 29, 2018

The wheels of discovering and exploiting hydrocarbon resources offshore the Union of the Comoros, off Africa's east coast, may have been moving albeit slowly since 2008 when the government first invited bids for exploration of oil and gas in the Indian Ocean's volcanic archipelago…

High Hopes for Campos Basin

Nov 28, 2018

Although much of the hype surrounding the Brazilian oil and gas market is directed toward the Santos Basin pre-salt, recent and older pre-salt discoveries in existing areas and on recently-awarded blocks within Campos Basin offer significant…

DNO Offer for Steady Faroe About Stable North Sea

Nov 27, 2018

Shares in Faroe Petroleum skyrocket 25 percent, as DNO’s takeover bid targets company that engineered low breakeven price.Oil prices might have fallen 30 percent since September’s highs, but there’s still great business to be had for Norway-based North Sea asset player DNO…

Fieldwood Optimistic About Gulf of Mexico

Nov 23, 2018

Just a few short years ago, few had heard of Fieldwood Energy. In five short years, the privately-held company purchased properties and assets when Apache, SandRidge and Noble Energy exited the area.Now, Fieldwood says it is the largest leaseholder in the Gulf of Mexico…

Congo Unveils More Enticing Offshore Exploration Opportunities

Nov 22, 2018

Congo (Brazzaville), sub Saharan Africa's third largest oil producer, has intensified its campaign to promote the country's offshore drilling and exploration investment opportunities.The Ministry of Hydrocarbons hopes to ride on the new hydrocarbons…

Leak-free ROV Tooling for Deepwater Operations

Nov 21, 2018

As the Brazilian oil and gas market emerges from a four year crisis, with expanded oil block tenders including the high quality/high yield pre-salt plays desired by most major IOCs, new subsea solutions are required to increase operational efficiency while decreasing costs…

Shrinking Numbers of Jobless Could Mean Engineer Scarcity

Nov 20, 2018

Norway’s overall, oil-fueled economic expansion may be hampering the offshore industry from recruiting the engineering talent it needs, just as signs of recovery appear from segment-to-segment.More openly than ever, a Norway-based offshore industry…

Harnessing Digital Information to Power Costs Savings

Nov 16, 2018

The high cost of producing offshore reserves is increasingly driving operators to seek out efficiencies, such as doing more with the data they collect.“A lot of people reconsidered how to handle offshore when the downturn came,” Nate Clark, principal at Deloitte Consulting…

'Recovery' Led by OSVs with Engineers On Board

Nov 14, 2018

A report back in 2014 from numbers crunchers Rystad Energy — about the timing of an upturn for subsea engineering — appears to be proving largely true. Recovery, it said, would begin haltingly in two parts: first subsea services and then subsea equipment…

Current News

OGTC, Partners to Invest $1,4M in Hydrogen-enabling Technologies

OGTC, Partners to Invest $1,4M in Hydrogen-enabling Technologies

Horisont Energi, TGS Developing CCS Technology

Horisont Energi, TGS Developing CCS Technology

Schlumberger Names Chief Strategy and Sustainability Officer

Schlumberger Names Chief Strategy and Sustainability Officer

Diamond Offshore's New CEO to Earn $700k + Bonuses

Diamond Offshore's New CEO to Earn $700k + Bonuses

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