stakeholder expectation of operational performance continues to rise exponentially and as a result, operational risk management is now firmly ensconced as a board level challenge. Petrotechnics CEO Phil Murray explains how his company's newly…
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…
Galveston, Texas-based offshore living quarters and high blast/high fire rated shelters provider LoneStar Marine Shelters has been contracted by Shell Offshore to fabricate the 607 ton, 76 bed auxiliary living quarters for the Mars A expansion project in the Gulf of Mexico…
The newbuild DP3 ultra-deepwater multipurpose flex-lay subsea construction vessel Lewek Connector recently wrapped up her first working voyage in the Irish Sea, laying two power cables and a fibre optic cable for the final phase of EirGrid's East-West Interconnector project…
Andrew McBarnet wonders what's changed about the Big Crew Change.Last time when the high price of oil launched the oil and gas industry into a frenzy of E&P activity, it wasn’t long before questions were being asked not just about the capacity…
With heavy oil today representing around 70% of the world’s confirmed oil reserves, extraction of the heavier crudes is growing rapidly and there is an increasing need for flow measurement of high viscosity hydrocarbons. NEL's Chris Mills reviews the technological challenges ahead…
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)…
Specialist offshore fabricators continue to innovate in pursuit of an oil & gas market edge. Meg Chesshyre opens this month's yards round-up with a review of progress on the latest additions to Centrica Energy's North Sea infrastructure.Centrica’s…
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…
HSM Offshore’s Schiedam yard in the Netherlands recently completed a wellhead platform for UK independent EOG Resources’ Conwy field in Irish Sea block 110/12. The topsides weight was 850t, the jacket 690t and the piles 700t. HSM started platform…
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…
Deepwater discharge of major offshore structures and dry-docking FPSOs while still attached to their turret moorings are among the more exotic possibilities now under serious consideration for the huge, bowless marine transport vessel Dockwise is building in Korea…
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…