OE 鈥檚 analysis of current rig market data is updated monthly using statistics provided by Rigzone.comWorldwide utilization for the mobile offshore drilling fleet is tracking at 74%; holding steady for the last three months at the bottom of a鈥
Reporting from last month鈥檚 SEG annual meeting in Denver, Andrew McBarnet finds marine seismic contractors frustrated by contract bidding woes.There is no question about what was bothering the marine seismic community at last month鈥檚 well attended鈥
Current projections indicate around £27 billion will be spent on UK offshore decommissioning over the next 40 years, of which £9.2 billion will be spent over this next decade, according to a 2010 Decommissioning Insight brochure presented at the conference by Robert Harris-Deans鈥
Some new twists and turns have been added to the well chronicled travails of companies fighting an uphill battle to establish the use of marine controlled source electromagnetic (CSEM) technology for offshore hydrocarbon detection.Careful reading鈥
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.com Worldwide utilization for the mobile offshore drilling fleet has averaged 74% over the last two months. Of late the global utilization rates鈥
Not so long ago, in more favorable economic times, companies sought business school advice on leadership. Today, with their budgets shredded, companies are more likely to be seeking counsel on agility, says Southern Methodist University's Frank Lloyd鈥
BP put the final nail in the Macondo coffin 19 September with a successful relief well kill, ending a five-month ordeal that began with the deaths of 11 offshore workers and spilled some 5 million barrels of crude into the Gulf of Mexico.Now comes the task of repairing the company鈥檚 image鈥
Mexico's Pemex is preparing this month to issue the first incentive-based contracts allowed under the country's 2008 oil reforms. Most observers agree that the reforms didn't go far enough, but will a new president in 2012 pick up the pace? Russell McCulley reports鈥
With a major service point for the deepwater Gulf of Mexico in Port Fourchon, Louisiana among all US states has the most at stake in the federal government's six-month deepwater drilling moratorium. The effects so far haven't been as bad as some feared鈥
Quicker connection Baker Hughes announced the commercialization of its Reconnect technology, which the company says provides an alternative for re-establishing surface hydraulic control to surface-controlled subsurface safety valves (SCSSVs)鈥
Mexico just registered its first Clean Development Mechanism with the United Nations under a collaboration between Pemex and Statoil to reduce gas flaring at the onshore Tres Hermanos oil field in Mexico. Statoil said 26 October 2010 the registration鈥
Prompted by practical engineering needs, Foster Wheeler Upstream developed a design tool to facilitate the design of subsea plate mudmats. Dr Jinming Xu, Paul Schank and Ray Young discuss how Mudmatician, through automation and built-in intelligence鈥
Global demand for floating hardware continues apace. David Morgan and Meg Chesshyre review recent support & supply sector initiatives and innovations targeting offshore platforms and rigs.Drilling riser departure A high pressure marine riser鈥
Cairn Energy has wrapped up its 2010 exploration drilling campaign offshore Greenland and released both the Stena Forth and Stena Don rigs, the company said 26 October 2010.Cairn suspended the Alpha-1S1 exploration well to allow possible re-entry to sidetrack or deepen the well at a later date鈥
A recent contract renewal for the small UK-based company WGP Group and its partner Thalassa Energy Services is a reminder that the first life of field seismic (LoFS) project on BP's Valhall field offshore Norway has been ongoing since 2003.鈥
