Iran is a problem that can be resolved as Alexander the Great solved the Gordian knot – whatever cannot be untied can be cut. Although a sudden and catastrophic event, buoyed by headlines, may push the price of oil to over $150, measures already taken will settle the situation relatively quickly…
Asia Pacific has become the latest happy hunting ground for Bergen-headquartered construction vessel operator DOF Subsea, which already employs 220 professionals at its project management and engineering centre in Perth, Western Australia. Well established in the North Sea and Brazil…
Nearly 11 years after Weatherford first commercially deployed drilling-with-casing, the service company is still testing the limits of where and how the technology can be helpful when it comes to overcoming wellbore instability. Jennifer Pallanich catches…
Kongsberg Oil & Gas Technologies is the relatively small group, with a current roster of around 300 people, spun off from parent group Kongsberg Maritime a year or two ago. Having merged its drilling and production units into a single division early this year…
Andrew McBarnet joins in a 10th birthday party.It is not entirely coincidental that the current market optimism discernible in the marine seismic community extends to the offshore electromagnetic (EM) survey business. The two technology applications…
Staffing shortages are creating project delays at a majority of large oil & gas companies, according to new data released by management consultancy Schlumberger Business Consulting.The much-discussed ‘big crew change' – the retirement of geoscientists…
Salaries for oil & gas industry engineers shot up over the past year, rising an average 6.1% across several professional disciplines, according to a new survey released by recruitment firm Hays.The average permanent salary across the survey's sample of 144…
India's biggest offshore lift to date – the 4000t MLQ (Mumbai Living Quarters) module, designed and constructed by Larsen & Toubro for ONGC – was successfully carried out by Seaway Heavy Lifting's new 5000t lift capacity heavylift vessel Oleg Strashnov on 12 February…
Operator Statoil and contractor Aker Solutions jointly hosted an open house in Stavanger recently to review progress on Gudrun – currently the biggest project in Statoil and now ramping up for the construction phase – and share learnings on this and other areas of Norwegian offshore activity…
In the aftermath of Macondo, the E&P industry is preparing to invest heavily in upgraded BOP equipment. For some drilling professionals, including Fraser Offshore’s Douglas Nunn, this is a questionable use of resources. ‘Hardware upgrades and…
The energy industry skill shortage has renewed long-running debates in Australia over immigration and at times pitted the population centers in the east against the resource-rich but sparsely populated west. The topic was on the minds of many…
The crucial role played by the independents in the energy mix and the slightly precarious position in which they find themselves was highlighted by Talisman Energy president and CEO John Manzoni at the Energy Institute's recent three-day gathering in London…
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…
One of Bergen’s biggest and boldest offshore players is Framo Engineering, now wholly owned by Schlumberger following its purchase of the Sandsli-headquartered company’s remaining equity shares in June 2011. The two organisations had worked…
Total has confirmed that gas continues to leak from its Elgin well head platform in the UK North Sea as of 29 March 2012, four days after the incident occurred. In a statement, Total said the site is currently stable and that a gas cloud in the area is heading away from Elgin facilities…
Subscribe
