We asked production optimization specialists their views on the latest trends in the area. Skills comes high up the list. Elaine Maslin sets out the results of our survey. Topside activities are currently the biggest challenge to production optimization in the North Sea…
A megaproject is one that costs more than US$5 billion to develop. They stretch a company’s capabilities to their limits, especially in the harsh climates like the Arctic or in ultra-deep water. In 2000, oil companies took on seven megaprojects…
Bourbon’s Rodolphe Bouchet explains how the company’s new Explorer 500 series shows its commitment to standardization, which offers time and cost savings. The PSV Bourbon Explorer 504 at sea. Photos from Bourbon…
As demand for oil and gas increases and shallow plays mature, operators are having to look deeper and further offshore. Drilling in more capricious environments has highlighted the importance of safety measures that can quickly and accurately identify problems remotely using automated technology…
Magnomatics, the magnetic transmissions and ultra-compact motor company, signed an exclusive licensing deal with Zilift, a leading developer of permanent magnet technologies for innovative artificial lift applications in the oil and gas industry…
Emerson Process Management has introduced OpenEnterprise Field Tools. The remote terminal unit (RTU) and Highway Addressable Remote Transducer (HART) configuration suite enables local and remote configuration and real-time HART device monitoring in remote oil and gas applications…
EPC firm Wison Offshore & Marine selected AVEVA Marine software for the engineering, design and construction of its offshore Floating Storage Regasification Unit (FSRU) projects. An Wenxin, Senior Vice President of Wison Offshore & Marine…
The industry is going to face more challenges than ever over the next 30 years as it strives to meet global oil and gas demand from ever harder to reach and extract resources, industry bosses say. Amin Nasser…
Leading industry executives including BP CEO Bob Dudley cautioned against “over-reacting” to current low oil prices at global industry forum. 'While there has been some speculation that the high cost of unconventional oil production might…
Eco Atlantic Oil & Gas Ltd. completed the 3D seismic survey on the Cooper block located in the Walvis Basin, offshore Namibia. The PGS vessel Ramform Vanguard, offshore Namibia. From Eco Atlantic. PGS Geophysical Ltd…
GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…
Malaysia’s national oil and gas company Petronas awarded GE Oil & Gas a contract to supply gas turbine-driven compressor train and mechanical drive technology for the second floating liquefied natural gas (FLNG) facility off the coast of East Malaysia…
Harvey Gulf International Marine is using Advanced Logistics’ marine management system, SAMM, and preventative maintenance module, Preventer,on its fleet of marine transportation vessels. Advanced Logistics’s software allows a vessel…
O3b Networks launched the O3bEnergy 20 service for offshore communications in the Gulf of Mexico. O3bEnergy 20 provides energy clients with an aggregate of 20Mbps throughput to a single site at less than 150 msec roundtrip latency delivered over the O3bEnergy 1…
Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognized worldwide for its pressure…
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