China constantly shakes many of the world's beliefs, for better or worse, from its economic growth to trade to human rights. There is no doubt that China will become before not too long the world's dominant economic power. It also provides an additional…
Companies across the offshore supply spectrum used the recent downturn to take stock – either out of necessity or for strategic reasons – in order to reposition themselves for when the upturn finally kicked in. OE looks at one such company,…
McDermott picked up a Bentley Systems innovation in construction award at the infrastructure software provider’s recent ‘Be Inspired’ gathering in Amsterdam for the early delivery of the Su Tu Vang central processing platform at the Cuu Long project offshore Vietnam…
LNG business took a hit last year as the economic downturn put the brakes on global natural gas demand just as US shale gas output started to surge. Infield Systems’ Peter Kiernan reviews the changing gas market fundamentals and assesses the…
It is perhaps the biggest social and economic challenge of the world today: how will China acquire sufficient energy resources, of oil and perhaps even more important, natural gas, over the next several decades? China’s energy makeup is still quite primitive: 70% of China’s energy comes from coal…
OE ’s 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…
When the ideal coiled tubing string for a sleeve-shifting operation was too heavy for the platform crane, the string was split and then rejoined offshore. BJ Services’ Godwin Effiong and Greg Dean explain how they kept the job safe.Efficiency…
Macondo mattersSir, OE's article by Ian Fitzsimmons on preventing future Macondo spills [‘Macondo and other titanic struggles', OE July] was excellent and I distributed a copy to my colleagues both in EIA and DOE. The recommendations made…
Chinese companies have stepped up their activities over the last year, and two recent reports from analysts Infield Energy Analysts and Wood Mackenzie suggest increased activity in the near future, especially as the NOCs venture into deeper waters…
Halliburton entered the picture with its technology commercially in 1993 and employed its first Single-Trip Multizone (STMZ) system and Single- Trip Dual Zone (STDZ) system in the South China Sea. The company’s Otis Engineering subsidiary, through its sand control tools group…
It was, and still is, an unassailable dogma throughout the Middle East, among barely beneath-the-surface anti-American European intellectuals, and certainly, the American left: the United States went to war in Iraq in 2003 just for oil. For those people…
Having launched its Fluor Offshore Solutions arm in 2008, Fluor has been busy situating itself to win subsea work when the offshore oil & gas market starts its uptick. The firm most recently announced an alliance with China's Offshore Oil Engineering…
Each new year brings with it a new round of industry prognostication. So what does 2010 hold in store for offshore? A lot of hand-wringing, for one thing, reports Russell McCulley.--As Gary Adams, US oil & gas leader for Deloitte, put it recently…