Nigeria鈥檚 upstream regulatory hiccups continue to take toll on planned offshore exploration and production schedules as some private investors are stuck with their work programs for lack of clarity on key upstream mergers and acquisition procedures鈥
The stately Norwegian operator鈥檚 foray into South Australian offshore and Norway鈥檚 remote areas is being contested by increasingly successful green groups.A first installment of Norwegian operator Equinor鈥檚 plans to drill and develop oil reserves鈥
Mark Jones heads up InterMoor, part of the Acteon group of companies. The CEO weighs in on new technology developments and key markets driving growth for the mooring, foundations and subsea services firm.What type of mooring solutions are most in demand today鈥
American upstream oil and gas company Kosmos Energy has commenced the process of scaling down its stake in the lucrative Greater Tortue Anheyim gas project on the Senegal/Mauritania maritime border as the Dallas-based firm seeks to entrench鈥
A seismic survey segment which has seen its fortunes slashed heavily since 2015 and which isn鈥檛 expected to recover fully for at least another five years is starting to make waves as it navigates a still bumpy road marked by green shoots.First to feel the pinch when exploration slows鈥
Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn鈥檛 stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,鈥
When properly designed and applied, composite materials, which have been used for pipeline repairs since the 1980s, can outlast the steel being repaired in offshore environments.Even with a decades-long track record, says Matt Green, VP of technical services at ClockspringNRI鈥
UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government of this tiny West African country reportedly signed an agreement with oil major BP for the likely lucrative asset鈥
The development of the Mero field, part of the Libra pre-salt complex offshore Brazil, has opened a range of opportunities for equipment and services in the oil and gas sector in the South American country. A range of equipment from wet x-mas trees鈥
Looking at the global subsea picture, what trends do you see, and how does Proserv plan to capitalize on potential areas of opportunity?In my opinion, we are now past the stabilization phase in the subsea sector, which has taken us through the last 18 months鈥
With oil prices pushing toward USD 80 dollar on geo-political strife, there鈥檚 the expectation of a concurrent rise in world gas prices and regional liquefied natural gas (LNG) projects, judging by some frenetic dealmaking of late.Few things鈥
The mission of the International Marine Contractors Association (IMCA) is 'to improve performance in the marine contracting industry', and that鈥檚 precisely what Allen Leatt has set out to do since taking over as the trade association鈥檚 chief executive in 2015鈥
It鈥檚 been long thought the 鈥渟ubsea factory鈥 could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering鈥檚 Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award鈥
In late January 2019 Sete Brasil launched a public announcement for the sale of the drillships Arpoador and Guarapari and the semi-submersibles Urca and Frade. However, the auction ended up being postponed. All four are being built locally at the Jurong and Brasfels shipyards鈥
Political instability, insecurity and marine boundary disputes pose some of the major challenges constraining progress of Africa's upstream offshore oil and gas exploration ambitions at a time when the continent expected to ramp up production from its deep and ultra deepwater investments鈥
