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 about 74%, within the tight 74%-76% band it has seen for the past 10 months…
R&D-focused companies have raced to develop remote technology that will cut rig time while maintaining health & safety standards. Red Spider's Rod Falconer discusses how its technology has enabled operators to approach interventions and completions…
The world's largest deepwater well intervention ship recently set sail from Norway, bound for its first offshore contract. Before it left port, Terry Knott visited the newbuild Skandi Aker to find out what makes this vessel stand out from the pack…
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…
The Titanic, Columbia space shuttle and Deepwater Horizon disasters span a period of almost 100 years but have more in common than might at first be apparent. All three were avoidable and foundered on a misguided belief in their indestructibility…
BP struggled to stop the flow of oil from the Macondo well in the Gulf of Mexico as the disaster entered its second month, and the spill, the worst in US history, was having repercussions far beyond the environmental catastrophe. Russell McCulley reports…
Around 73,000 attendees packed this year’s OTC in Houston, nearly 5000 more than last year. But the still-unfolding Deepwater Horizon drama in the Gulf of Mexico kept the usual celebratory mood at bay, writes Russell McCulley.--It wasn’t exactly…
Andrew McBarnet forecasts some damaging consequences for marine seismic operations offshore the US as a result of the Deepwater Horizon disaster.The enormity of the blow-out and sinking of the Deepwater Horizon drilling rig at the BP Macondo…
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…
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…
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…
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…
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…
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…
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…