Latest News - page 2694

 

Ekofisk rolls back the years

Apr 01, 2011

Investments in the region of NKr65 billion are on the cards over the next few years following ConocoPhillips' recent submission of its plans for the further development of the Ekofisk and Eldfisk fields to the Norwegian Ministry of Petroleum & Energy…

Drilling equipment training goes online

Apr 01, 2011

Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…

Uruguay, take two

Mar 02, 2011

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…

Products in action - OE March 2011

Mar 02, 2011

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…

Macondo and the Presidential Commission

Mar 02, 2011

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…

The art of lost asset recovery

Mar 02, 2011

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…

Macondo casts a giant shadow

Mar 02, 2011

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…

Oleg set to join the SHL fleet

Mar 02, 2011

Seaway Heavy Lifting will shortly take delivery of its second heavylift crane vessel, the state-of-the-art Oleg Strashnov. David Morgan looks at some of the new HLV 's novelties and niceties. The Oleg Strashnov has been a while coming…

Core solution

Mar 02, 2011

Coring practices and equipment used in the Gulf of Mexico's Lower Tertiary needed to adapt to formation conditions to improve on past recovery success. Petrobras' James Meyer opens OE's drilling & completion technology two-parter with a review…

Firms & Faces - OE March 2011

Mar 02, 2011

Within a fortnight of closing its $3 billion acquisition of compression, flow technology, measurement and distribution infrastructure provider Dresser, GE last month announced plans to lay out another $2.8 billion to secure the well support division of John Wood Group…

Rig market - March 2011

Mar 02, 2011

Utilization trends for the worldwide mobile offshore drilling fleet are slightly depressed of late. Overall utilization dipped to an average of 69% last month. Global utilization rates for semis are 78%, below the average for the prior six month period of 82%…

Integrated drilling dynamics control - are we there yet?

Mar 02, 2011

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…

Conflicting views from the seabed

Mar 02, 2011

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…

Stormy waters: will PIGS ever fly again?

Mar 02, 2011

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…

Sedco 711: the regulatory issues

Mar 01, 2011

In the wake of the July 1988 Piper Alpha disaster in the UK North Sea, the Cullen Report introduced a risk management approach to offshore safety, making the production and maintenance of a risk-based ‘safety case' a legal requirement for every UKCS offshore facility…

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