鈥業t seems the world is feeling better,鈥 observed Talisman Energy president and CEO John Manzoni, striking an optimistic note in his keynote speech at the recent IP dinner in London. But, he wondered, is the oil & gas industry ready to drive鈥
Late in the evening 20 April, an explosion rocked the deck of the Deepwater Horizon and set off a fire that raged for 36 hours before the Transocean semisubmersible plunged to the seafloor 5000ft below. As OE went to press, operator BP and other鈥
Operating in the marine seismic environment requires the ability to constantly adapt and chase down the opportunities. Andrew McBarnet describes how fortunes tend to favour the big rather than the brave.It鈥檚 business as usual鈥 has got to be something of a misnomer in commercial life鈥
Water shortages could pose as great a threat to energy security as political instability or terrorism, leading peak oil theorist Matt Simmons told delegates at the Global Marine Renewable Energy Conference in Seattle, Washington, last month鈥
Improving data integrationLandmark has developed a new integrated, asset-level production operations and optimization workflow solutions program called DecisionSpace for Production. The software is deployed in several deepwater FPSO environments鈥
Nigeria鈥檚 controversial oil reforms, long in the works, appear close to passage. The government hopes to shore up falling production and get a bigger share of oil profits. But IOCs doing business in the Delta are wary, as Russell McCulley reports鈥
Handling the loadCargotec is to deliver MacGregor offshore and subsea load-handling systems to a deepsea research vessel on order at Mitsubishi Heavy Industries鈥 Shimonoseki shipyard in Japan.鈥楾his contract highlights Cargotec鈥檚 capacity and technological expertise in offshore load-handling鈥
The oil & gas industry and analysts greeted President Obama鈥檚 offshore drilling plan as a step in the right direction. But subsequent events surrounding the Deepwater Horizon disaster (see Heavy losses in Horizon tragedy ) could complicate matters鈥
When the P-61 tension leg wellhead platform (TLWP) begins operations at Petrobras' Papa Terra offshore Brazil in 2013, it will be the new kid on the block in more ways than one. Not only will the deepwater unit be the first TLWP facility off Brazil鈥
Non-productive time (NPT) associated with control systems software and hardware integration remains a significant drain on high-spec offshore asset costs, according to a study released last month.The study, by the Athens Group and ModuSpec,鈥
OE 鈥檚 analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the worldwide mobile offshore drilling fleet continues to track in the 74-75% range, about 7% below year ago levels. Global鈥
With well costs escalating to consume up to half of a project鈥檚 funding, operators are seeking ways to trim costs. During IADC鈥檚 Deepwater Drilling conference in Rio de Janeiro in March, operators discussed some of their strategies to trim costs鈥
Two recently published reports point to a speedy recovery for offshore E&P. The deepwater sector of the oil & gas business should recover quickly from the economic downturn and resume the growth the sector enjoyed before the recession, suggests a new report from Douglas-Westwood鈥
Two competing gas transportation projects in southern Europe could be combined to increase the future security of European gas supply, Eni chief executive Paolo Scaroni told CeraWeek attendees in Houston in March. According to Scaroni, combining鈥
While operating in Brazil鈥檚 pre-salt region does require an array of technologies, Petrobras CEO Jose Gabrielli told a Houston lunch that a bigger challenge lies in meeting logistical demands for operating in deep waters offshore. During the Brazil-Texas Chamber of Commerce event in March鈥
