Latest News - page 2644


Big bore boosts Angel production

Jun 10, 2010

In October 2008, 37 years after its discovery, the Angel field began producing to a not-normally manned platform. In the ensuing 18 months, this platform offshore Western Australia has seen 98% uptime. Jennifer Pallanich discusses the A$1.6…

Cape Wind green light

Jun 10, 2010

After years of delay, the Cape Wind offshore wind project got the green light to proceed with the $1 billion development off the coast of Massachusetts, putting the project on the path to become the first wind power installation on the US Outer Continental Shelf…

Firms & Faces - OE June 2010

Jun 10, 2010

firmsHouston-based Deep Down is acquiring offshore industry syntactic foam flotation products and insulation materials provider Cuming. Total price for the acquisition including the assumption of certain liabilities is $50 million.The newly…

Forces fit the energy bill

Jun 10, 2010

Established in the UK last summer to improve the energy industry's access to skilled personnel retiring from the services, Forces4Energy and is already assisting clients in the selection, training and strategic placement of highly skilled technicians…

Ingredients to hand for pre-salt plays

Jun 10, 2010

Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…

Designing for depth

Jun 10, 2010

If all goes as planned, Seattle, Washington-based Principle Power and Energias de Portugal will deploy a prototype deepwater wind turbine in the Atlantic next year. Russell McCulley talks to Principle Power CEO Alla Weinstein about the company's WindFloat design…

Intelligence gathering

Jun 10, 2010

The digital oilfield has become mainstream and is how business is now conducted. That was the message at the third SPE Intelligent Energy conference convened in The Netherlands this spring with over 1500 attendees including a high proportion of business leaders…

The complexities of Marlim Sul

Jun 10, 2010

Brazilian operator Petrobras expects to initiate production from a new reservoir to existing facilities in Modules 1 and 2 of its deepwater Marlim Sul field this summer and bring a third module onstream via the P-56 semi early next year. Asset…

Let the 'eagles' soar

Jun 10, 2010

Knowledge management is key if the offshore oil and gas industry wishes to remain healthy, survive, and endure upcoming challenges, says Pyrodyne’s Randy Smith. In his opener to this month’s recruitment & training review, he explains why KM…

Products in action - OE June 2010

Jun 10, 2010

Ultra-deep Perdido pumpsThe Centrilift XP enhanced run-life electrical submersible pump (ESP) systems with which Baker Hughes outfitted the pioneering subsea boosting stations at Shell's Perdido field are being hailed as the only subsea pumping systems qualified for Perdido's 8000ft water depths…

Fort William ready to fill wind farm training void

Jun 10, 2010

The Underwater Centre in Fort William, Scotland, has been an influential training provider for commercial divers and ROV pilots in the offshore oil & gas sector for many years. Now, with a little more investment, the facility believes it can…

Guarded optimism greets US leasing plan

May 20, 2010

The oil & gas industry and analysts greeted President Obama’s 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…

Papa Terra makes the most of family ties

May 20, 2010

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…

Time under the microscope

May 20, 2010

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,…

Rig market

May 20, 2010

OE ’s 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…

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