Inpex Corp. reached an agreement to transfer a 25% participating interest in the deepwater Block S offshore East Malaysia to Australia-based Santos. Block S is located in the Sabah basin and covers 574sq km with a water depth ranging from 200m to 1500m…
Seoul, South Korea-headquartered Samsung Heavy Industries will merge with Samsung Engineering Co., Ltd., the companies announced on 1 September 2014. The goal of the merger is to allow the companies a chance to become a global top-tier EPC (engineering…
Less than a week after its CEO Helge Lund called for the industry to develop a Lego-approach Statoil has announced it is working with DNV GL to introduce an international industry standard for subsea process technology. Lund was speaking at the ONS 2014 exhibition and conference in Stavanger…
The UK's Crown Estate has published its latest report aimed at improving the performance of the offshore wind sector, focusing on the more effective use of jackup vessels to help bring down costs in the maintenance of offshore wind turbines…
Rig design and engineering firm RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the North Falklands Basin. The FEED work is part of AMEC’s overall FEED contract for…
From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979. Development wells were down from 289 in 1998, to 120 in 2013. Exploration and appraisal drilling, on which offshore production ultimately depends…
BG International, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus Holding's on-going joint industry project (JIP). The JIP’s objective is to develop and commercialise a new and safer subsea wellhead HGSS…
Optical and even quantum sensing is being assessed to help monitor the subsea oilfields of the future as part of remote sensor networks. Elaine Maslin reports on work in the field by the University of Aberdeen. A…
Vigilance remains key when it comes to offshore cyber security. Gregory Hale explains. Interconnected systems can be risky. Photo: OE Staff. Computer networks on offshore oil…
Alan Thorpe examines the latest pipelaying vessels debuting on the market. The Ceona Amazon leaving Cryst Shipyard in Poland. Photo from Ulstein. Two new pipelayers for…
Siemens is putting a 45Kv wet mate connector designed for up to 3000m water through its paces. Elaine Maslin went to learn more at the firm’s plant in Ulverston, Cumbria, England. Critical electrical component testing on the SpecTRON 45…
Raja Roy examines DNV GL’s first comprehensive overview on how to properly comply with US Coast Guard requirements to operate FOIs, FSOs and FPSOs in US waters. The roadmap document called “Verification for compliance with United States…
Stephen Whitfield examines well control standards in the US and Europe. Since the Macondo blowout devastated the Gulf of Mexico in the spring of 2010, governments and industry organizations around the world have recognized the need to…
An alternative view of pipework vibration management by Neil Parkinson, technical director at AV Technology. Complex offshore pipework. Images from AV Technology Some incidents are guaranteed to make headlines…
Jerry Lee discusses new and improved drill bit designs and technologies with several leading companies. Rising energy demand has resulted in the need to reach reserves in more complex formations. The more complex the formation, the more…