Four of the largest oil companies have pledged $1 billion to build a rapid response system designed to capture and contain oil in the event of another Macondo-style blowout in the deepwater Gulf of Mexico.In a July 21 joint announcement, Chevron…
Unfair though it may seem, it is conceivable that the Macondo incident will have at least as damaging and persistent an impact on the offshore industry as Chernobyl does on the nuclear power industry. Professor Andrew C Palmer explains why.On…
Having enjoyed the occasional taste of EPC responsibility in recent years, Van Oord Offshore is looking for much more of the same. Although perhaps best known for its rock installation muscle as a subcontractor to the likes of Saipem and Allseas…
Heavy lifting, drilling and pipelay solutions provider Huisman has designed and built rock dumping systems before, notably for Tideway's Rollingstone and Seahorse vessels. But its next system, to be delivered later this year for the Tideway newbuild Flintstone…
Making more sense of pipe handlingNorway's TTS Sense has developed an advanced pipe handling machine named SmartRacker, following the award to the company of a contract to supply an entire drilling package to two advanced newbuild jackups…
Having repositioned itself during the 2009 downturn, Aberdeen-based consultancy Altra Energy recently joined forces with offshore contractor SLP North Sea to secure its first full-scope engineering assignment – for a new satellite production…
GDF Suez takes over as operator of Gjøa when the field comes onstream in October. The project comprises a semisubmersible platform with subsea tiebacks, and is also expected to be a hub in the future. Meg Chesshyre opens this month's Scandinavian…
Big things are in the air at Dockwise. Since going public on the Dutch stock exchange last December, the heavy marine transportation specialist has been putting together an ambitious five-year growth plan for its traditional core business and two key bolt-on activities…
With holding power over 100 times their own weight as well as clear economic advantages, the first drag embedment anchors made quite a splash in the offshore industry in the 1970s. Yet some project engineers still feel more comfortable with…
Within days of sister company Heerema Fabrication Group handing over the largest offshore deck ever built in the Netherlands, Heerema Marine Contractors was announcing plans to diversify its installation fleet with a multirole monohull vessel…
The Macondo oil spill will have a lasting impact, but not the same repercussions on the petroleum industry that the Three Mile Island accident had on the nuclear industry. So said Douglas Becker, director oil services & equipment, global research for Bank of America…
Andrew McBarnet detects a shift of emphasis in the marketing of marine seismic.The marine seismic industry is well used to the cyclical nature of its operations, but could currently be described as being in something of a state of limbo. This…
Ultimately, the life of existing offshore assets will have to be extended, safely and reliably, and balancing production against integrity requires a comprehensive understanding of those assets and the use of management strategies that engage employees at all levels…
Chemical tracers have long been used to keep tabs on what is going on in a reservoir, such as characterizing injection water flow through the reservoir, and to determine what type of fluid is flowing from a certain location along the well. Jennifer…
The first half of 2010 saw 118 new offshore wind turbines fully connected to European grids according to the latest statistics from the European Wind Energy Association (EWEA).Those 118 turbines have a capacity of 333MW – well over half the…
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