Earlier this year, Douglas-Westwood forecast † the industry will spend $139 billion on subsea hardware 2011-15, a 23% jump on the previous five years, with the deepwater Golden Triangle inevitably dominating the anticipated spend. Despite the trials and tribulations of the past year…
Planning and information are key to the successful realization of Petrobras’ ambitious plans to hoist pre-salt production levels from the current 100,000b/d to 1.08 million b/d inside ten years. Jennifer Pallanich listened in as José Formigli…
Andrew McBarnet reviews some of the history of Norwegian marine seismic ventures to assess the aspirations of the latest entrant into the market.The launch of yet another Norwegian-inspired company dedicated to making its mark on the marine seismic business is so déjà vu…
When KBR bought out JGC's near 45% stake in MW Kellogg earlier this year making it a wholly-owned subsidiary, the resulting ‘London Operating Centre' – combining major UK bases in Greenford and Leatherhead with over 2600 staff – emerged as KBR's largest entity globally…
The US Coast Guard in April released a report on its investigation into BP's Deepwater Horizon disaster, just weeks after DNV delivered the results of its forensic examination of the Macondo blowout preventer. Both will inform the Joint Investigation Team's final report…
Hugo Chávez is a 50-years behind times anachronistic male version of Eva Peron. But he has been elected by the Venezuelan people and he must be reckoned with not just because it is the democratic thing to do but because Venezuela is crucial to America's energy security…
Heavy demand--Schilling Robotics confirmed during OTC that EMAS has ordered eight of its Heavy-Duty ROVs while another offshore contractor, Global Industries, is purchasing one of the company's new Ultra-Heavy- Duty systems. EMAS plans to install the work-class HD ROVs…
An INTECSEA-led joint industry project headed by former Shell subsea specialist Ian Ball is looking to pave the way for increased step-outs, enhanced recovery and improved economics on upcoming subsea developments in arctic and sub-arctic waters…
The UK offshore industry recognised that a key component to achieving a reduction in offshore hazards and incidents was to improve basic safety training for all personnel. OE looks at the e-learning programme designed to achieve that goal and now ready for roll out internationally…
In the past decade, the oil & gas industry has been effective in finding new resources, but much less successful in bringing new supplies onstream. That was the verdict of Eni E&P executive vice president Antonio Vella, addressing this year's ƶijϻ Mediterranean Conference in Ravenna…
A new report estimates flaring of unused gas wastes about 5% of the world's annual production while emitting 400 million metric tonnes of CO2 per year. GE's Flare Gas Reduction: Recent Global Trends and Policy Considerations report estimates…
An important milestone in Apache's UK North Sea Bacchus field development was reached recently with installation of a 6.7km pipeline bundle. The job was overseen by Flexlife, whose operations director John Marsden here describes how it was planned and executed…
Competence testing, true independent oversight and a stronger focus on the human element are the lessons from Macondo, argues Lloyd's Register energy director Dr Iain Light. --The offshore industry has just had the dubious distinction of…
For Fluor, America is only one land of opportunity. Recent contract wins for work offshore Australia, Southeast Asia and the Middle East have buoyed Fluor's backlog. Jennifer Pallanich talks to Fluor executives about recent contract wins and Fluor's offshore strategy…
With over 27 years' of development and application work behind it, Nautronix is a company with subsea acoustics in its DNA. David Morgan looks at the company's provenance and projects, including the recent deployment of its NASNet technology…