The US oil & gas industry grew across several categories in 2011, including a 38% increase in exploration and development spending, according to new analysis from Ernst & Young. Russell McCulley reports.While total capital expenditures among…
Regulatory enhancements prompted by the macondo disaster now require operators to submit a worst-case discharge (WCd) scenario report prior to obtaining a drilling permit in US offshore fields. How to model WCd for offshore wells in compliance…
OE's latest review of deepwater subsea tieback projects ongoing in the Gulf of Mexico shows the region is still suffering from the after-effects of the drilling moratorium that followed in the April 2010 Macondo disaster's wake. Jennifer Pallanich…
Total spending for upstream oil & gas will hit nearly $1.3 trillion this year, led by a robust North American market, according to a new report by IHS.Driven by strong oil prices and the North American unconventional gas boom, global upstream…
Despite higher oil prices, improving access to capital, increasing economic optimism and a generally more favorable deal environment, oil & gas executives are still cautious about engaging in M&A, according to Ernst & Young's sixth Global Capital Confidence Barometer…
Having secured agreements to provide subsea and topsides equipment for Shell's massive Prelude floating LNG development, FMC Technologies recently revealed details of the FLNG unit's offshore loading arm systems. In Houston, Russell McCulley discusses the technology with FMC's Laurent Poidevin…
The potential of floating liquefied natural gas (FLNG) developments as an energy sector game changer is discussed here by MSC Kenny's Paul Jukes and Wood Group Mustang's Bryan Trocquet.According to the US Energy Information Administration (EIA)…
Mexicans go to the polls 1 July to elect a new president and congress. Polls suggest big gains for the institutional Revolutionary Party which dominated post-revolutionary Mexican politics for seven decades. Will a new administration have the…
Two years after Macondo, BP launched an all-out effort at OTC 2012 to demonstrate its commitment to safety and to its future in the Gulf of Mexico. Russell McCulley reports.Among the many legacies of the 2010 Deepwater Horizon blowout is what's…
A fit-for-purpose capping stack designed to cope with Alaska’s environmental extremes will play a key role in the US Bureau of Safety & Environmental Enforcement (BSEE)-compliant containment system Shell Exploration & Production has put together…
Alasdair Buchanan (pictured) has been named as COO of Senergy and MD of its energy services division. The former senior director of strategy in Houston and UK VP for Halliburton takes over from Mike Bowyer, who has held the position…
The reigning and the emerging superpower are marching to their own beats, both of them in the process of long impact government elections and transitions. How the two countries handle themselves will affect the lives of millions, many beyond their borders…
There has been considerable progress in industrial hygiene issues in offshore environments in recent years. Dr Jas Singh, Golder Associates' Hawaii-based health & safety consultant, offers this primer. Experience in many offshore environments…
With the basin-opening Jubilee field and other oil and natural gas condensate discoveries, Kosmos Energy and its partners have placed Ghana on the deepwater oil & gas map. The company is now franchising its exploration strategy and aims to open…
The era of the oil & gas industry is not over. Predictions for global energy demand can’t be met without an increasing utilization of petroleum recourses. And when many thought our industry was in decline, elephant discoveries in the North Sea…
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