Earlier this year the refrain was ‘$5 natural gas forever', based on the US Energy Information Administration's (EIA) annual outlook, which argued that natural gas prices will remain below $5 per million btu until 2022. The underlying rationale was growth in the ‘vast' US shale gas resource base…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
Innovative technologies aimed at improving the experience of personnel travelling to and from offshore wind farms were recently unveiled by BMT Nigel Gee and OSBIT Power.--As well as introducing an active motion damping system to a number…
An internal Transocean investigation into the explosion and loss of the Deepwater Horizon found that the tragedy was the result of ‘compromised' well integrity due to a series of well design, construction and temporary abandonment decisions made by operator BP…
The Deepwater Horizon's blowout preventer was a victim of the Macondo disaster, not the perpetrator. So says consultant Ian Fitzsimmons in his latest think piece for OE which takes issue with some of the findings of DNV's forensic study of the…
Statoil last month launched a campaign urging the UK to make natural gas a key component in its long-term future energy. The operator argues gas can be an important part of securing UK energy supplies and cutting CO2 emissions, although political…
An important milestone in Apache's UK North Sea Bacchus field development was reached recently with installation of a 6.7km pipeline bundle. The job was overseen by Flexlife, whose operations director John Marsden here describes how it was planned and executed…
Norwegian mechanical engineer Julius Espedal had his first real brush with the forces of nature when undergoing offshore safety induction and emergency training in the UK back in 1999. Now he is getting reacquainted with them as his company…
March's Japanese earthquake, tsunami and resulting nuclear contamination at the Fukushima power plant spawned a disaster that will be hard to remedy or forget. As usual the events have had a number of dimensions, mostly unfortunate for that country no matter how developed and prosperous it has been…
A new report estimates flaring of unused gas wastes about 5% of the world's annual production while emitting 400 million metric tonnes of CO2 per year. GE's Flare Gas Reduction: Recent Global Trends and Policy Considerations report estimates…
Finland's Wärtsilä and Norway's Aker Solutions are combining their respective fields of expertise to develop the ultimate environmentally friendly offshore wind farm installation vessel concept, designed for operating in IMO emission control areas…
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…
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…
OPITO, the Aberdeen-headquartered body serving as the focal point for skills, learning and workforce development in the UK energy sector, estimates that over 15,000 new posts will be required over the next five years to deliver UK offshore project plans…
The world's largest cargo barge – Heerema's H-851 – announced its arrival on the offshore scene in 1988 when installing the 44,785t jacket for Shell's Bullwinkle platform in a then daunting 412m of water in the Gulf of Mexico. Now, following…
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