Despite a brief interruption post-Macondo, the rig newbuilding boom that started in 2005 is gathering momentum. Jennifer Pallanich talks to IHS about the latest trends in the drilling contractor market.One of the trends that Tom Kellock, Houston's head of consulting for IHS Petrodata…
Baker Hughes continues to invest heavily in R&D, having reorganized itself along ‘geo-market' lines over the last couple of years. During the recent SPE ATCE gathering in Denver, Russell McCulley caught up with the oilfield services giant's president of products & technology…
Born in Houston, raised in London, Gardiner Henderson is no stranger to travel. Which is just as well, since his latest job has him in almost perpetual motion criss-crossing the globe to build business and raise awareness of a company he sees…
Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…
A growing belief that the ‘bow wave' of the long-awaited North Sea decommissioning market has now reached the industry was evident at last month's sell-out Offshore Decommissioning Conference† in Dunblane, Scotland. Meg Chesshyre reports.A plea…
FirmsGreatship Subsea Solutions and Gregg Marine formed an alliance to offer subsea geotechnical site investigation services globally. The venture plans to offer a DP2 geotechnical drillship with a seafloor drill capable of coring and sampling in 3000m water depth…
Responding to Professor Michael J Economides' recent condemnation of alternative energy efficiencies and economics (OE August), serial oil industry inventor Benton Baugh turns his attention to the renewables sector with this firmly tongue-in-cheek (‘but true…
After a trillion-plus dollar stimulus package that seems to have fizzled, after forays towards ‘bipartisanship’ which often meant agree with him or nothing, and after seeing his approval ratings drop like a rock, US president Barack Obama unveiled…
FirmsTechnip acquired Global Industries in a deal worth $1.07 billion and expected to close early 2012. Technip sees the merger increasing its market reach in the Gulf of Mexico, Asia- Pacific and Middle East regions. Global Industries currently has about 2300 employees and operates 14 vessels…
The big news coming out of Europe is that it is running out of money, but is Europe also running out of gas? Infield Systems' Peter Kiernan(left) and Dr Roger Knight discuss the future of Europe's gas supply in the light of the growing need to secure energy from Russia and the Middle East…
Petroleum engineering has once again become a popular course of study, perhaps nowhere more than in Louisiana. Russell McCulley looks at what its flagship university is doing to prepare the next generation of oil & gas professionals.In some respects…
The steady workload situation at Schiedam-based HSM Offshore continues to be the envy of many North Sea fabricators. Business was good when OE last visited the yard a year ago; it’s got even better since, as David Morgan reports.Back in the summer of 2010 Total’s K5-CU platform (850t topsides…
A new steel wire rope plant is taking shape for Kiswire on the Malaysian coast with the present and future needs of the offshore industry very much in mind.Of the 130,000t of wire rope the company already produces annually, some 30,000t is…
The offshore helideck market continues to be a strong focus of Nieuw-Lekkerland headquartered aluminium specialist Bayards, which continues to optimise its product range and extend the global spread its offshore sector sales.The company is currently…
With a series of North Sea contracts under its belt, project management company EPC Offshore is on track for £6 million-plus turnover in only its second year of business. In the first of OE’s reports on some of the people and companies illuminating today’s Aberdeen offshore scene…