Under a memorandum of understanding with Petrobras, Cameron plans to invest $30 million in R&D facilities at two Brazilian locations. The company's Jacarei plant will add testing capabilities, including a hyperbaric chamber, along with a highpressure…
Andrew McBarnet reviews the implications of a new report on the value proposition of E&P data and how it is managed.To get the most mileage out of any personal achievement, it is always better if the recognition comes from a third party. This…
Chevron chairman and CEO John Watson told the Energy Institute's International Petroleum Week dinner in London last month that fossil fuel is no dinosaur. Meg Chesshyre was there.Far from having reached any peak, the world's estimated base of recoverable oil…
A more optimistic view of the future of the southern North Sea gas and the hard-pressed East of England offshore supply chain emerged at a recent regional conference in Norwich. Meg Chesshyre reports.Having acquired assets from BP, Shell and BG in 2003 and ExxonMobil fields in 2007…
Non-invasiveness, good repeatability and high coverage are listed among the key subsea selling points for ClampOn's new subsea corrosion-erosion monitor (CEM), the prototype of which will be on display for the first time at Houston's OTC show next month…
Norwegian-based Brude Safety has expanded its gangway portfolio to cover a range from 2-14m. The two latest developments, the 11m and the 14m gangways, are knuckled versions, giving the shipowner the opportunity to use it for crew-change as well as for standard deck-quay solutions…
Production from another of Norway's old-timers, Statfjord A, could potentially shut down as early as 2014 according to operating plans under consideration by operator Statoil. The company recently circulated a consultative document based on that assumption…
Ahead of the September launch of its second offshore licensing round, Uruguayan national oil company Ancap opened up a Houston data room in February in hopes of whetting IOC appetites. Jennifer Pallanich paid it an early visit.Uruguay Round II has fair bidding terms according to Santiago Ferro…
Reservoir isolation rethinkThe newly patented PowerBall from Aberdeen-based Red Spider turns traditional reservoir isolation barrier technology on its head by moving the mechanical parts of the ball mechanism below the closed ball area of the tool…
Andrew McBarnet tries to fathom the future of permanent seismic reservoir monitoring projects.A big pow-wow of industry specialists at the end of last month in Trondheim, Norway, was hoping to get to the bottom of the future prospects for…
Drilling system vibration was recognized as a potential cause of elevated drilling costs half a century ago. It has been thoroughly studied in the years since, and sound mitigation practices have been published. Shell's Mark Dykstra discusses the state of the art…
The Macondo well disaster and its ramifications were never far from the surface during the recent GE Oil & Gas annual meeting in Florence, where business leaders gathered in large numbers to discuss the technological and regulatory challenges…
Never one to pull his punches, consultant Ian Fitzsimmons applauds the openness of January's National Commission report to President Obama on the Macondo well disaster, but reprimands the UK Health & Safety Executive over its handling of the…
Ever seen the effect on the seabed of a 300t BOP dropped from a rig? Marin's George Stroud, aka Boris or the 'Deepwater Red Adair', has and he likens it to a carpet tack being driven into the floor with the force of an impact hammer. The subsea…
Recent events in North Africa provide a stormy backcloth to the Offshore Mediterranean Conference (OMC) in Ravenna 23-25 March, but the region nonetheless remains a highly prospective one for the offshore sector especially with Noble beginning to unlock the treasures of the Levantine Basin…