Innovative technologies aimed at improving the experience of personnel travelling to and from offshore wind farms were recently unveiled by BMT Nigel Gee and OSBIT Power.--As well as introducing an active motion damping system to a number…
A commercial version of a subsea booster designed to improve production of fluids containing both liquid and free gas is expected to be made available next year by Aker Solutions and its JIP partners. Jennifer Pallanich talks to Aker's Christian…
Earlier this year the refrain was ‘$5 natural gas forever', based on the US Energy Information Administration's (EIA) annual outlook, which argued that natural gas prices will remain below $5 per million btu until 2022. The underlying rationale was growth in the ‘vast' US shale gas resource base…
Statoil last month launched a campaign urging the UK to make natural gas a key component in its long-term future energy. The operator argues gas can be an important part of securing UK energy supplies and cutting CO2 emissions, although political…
At the EAGE annual meeting in Vienna Andrew McBarnet discerned a mood of surprising equanimity in the marine seismic community.Some titles are hard to live up to. So, even though the recent annual meeting of the European Association of Geoscientists…
The 50:50 partners in Denmark's Siri oil field fell out last month over the latest proposals to deal with the subsea cracks that have beset the 13-year old Siri production and storage platform in recent years. Meg Chesshyre reports.The row…
The Deepwater Horizon's blowout preventer was a victim of the Macondo disaster, not the perpetrator. So says consultant Ian Fitzsimmons in his latest think piece for OE which takes issue with some of the findings of DNV's forensic study of the…
The name Petrobras these days invokes thoughts of large, pre-salt discoveries, for good reason. Since announcing the Tupi pre-salt find in 2006, the Brazilian operator has made giant strides in developing and refining the technology needed to find and produce the oil hiding beneath the salt layer…
An internal Transocean investigation into the explosion and loss of the Deepwater Horizon found that the tragedy was the result of ‘compromised' well integrity due to a series of well design, construction and temporary abandonment decisions made by operator BP…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
The proliferation of modern specialist vessels serving just about every sector of the offshore oil & gas business has not gone unnoticed by traditional shipping industry equipment and service providers, as was plain to see at the 2011 Nor-Shipping event in Oslo late May…
Shell's 100% owned and operated Prelude FLNG project offshore Western Australia, long in the works and given a final investment decision in May, will include what the company boasts is the largest floating offshore facility. Russell McCulley…
If current trends continue, Mexico could become a net oil importer in a decade, a new report claims. --Mexico, the world's sixth-biggest crude oil producer and an important supplier to the US, has seen its production fall by more than 25% from its 2004 peak of 3…
On 1 July 2011, Royal Boskalis Westminster N.V. (Boskalis) announced that it reached an agreement with The Rezayat Group of Saudi Arabia (Rezayat) to sell SMIT’s terminal and AHTS transport activities to Lamnalco Ltd. (Lamnalco). Boskalis and Rezayat each own a 50% stake in Lamnalco…
Offshore sector M&A activity continues apace, with Aberdeen-based ‘inspect, assess and repair' services provider RBG among the latest players to change hands. Meg Chesshyre talks to RBG chief executive Dave Workman about the background to –…
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