Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…
Mindful of Offshore Europe in Aberdeen this month, Andrew McBarnet explains why seismic companies keep coming back to the mainly mature offshore hydrocarbon province of northwest Europe.It's not the most elegant of sayings but 'there's life…
The offshore yard of Hyundai Heavy Industries in Korea will start cutting steel for Dockwise's new marine transportation super vessel in September. David Morgan reports.Previously referred to as ‘Type 0' but officially named as Dockwise Vanguard on 19 August…
The offshore helideck market continues to be a strong focus of Nieuw-Lekkerland headquartered aluminium specialist Bayards, which continues to optimise its product range and extend the global spread its offshore sector sales.The company is currently…
Having established itself as the largest independent provider of onshore drilling services in Russia, Eurasia Drilling Company is now looking to have a bigger say in the developing CIS offshore market. David Morgan reports.Eurasia Drilling Company's…
Ever-alert to the need to hone its competitive edge, the drilling technologies business unit of Aker Solutions is looking to take its service offering to an unrivalled level of sophistication with the new drawworks extended test facility in Erkelenz…
The focus on Latin American deepwater activity naturally gravitates to the headline-grabbing pre-salt region offshore Brazil. But other areas in Latin American deep waters are worth noting, as Jennifer Pallanich explains.Petrobras' discovery…
Increased economic activity, more jobs and a 70% rise in spending are predicted for the Gulf of Mexico offshore oil & gas industry by 2013 – provided permitting returns to pre-moratorium levels. Katie Jernigan looks at the region’s latest economic impact analysis…
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 Industry Technology Facilitator (ITF) has gone from strength to strength in the past year or two, with some of the new technologies it has supported making a real difference in the field and its global expansion progressing well. Managing…
Technological barriers and operator requirements can limit the possibilities available to offshore design teams when it comes to engineering a production riser plan for a deepwater facility. Hybrid solutions and composites will offer some relief…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
Time is running short for a collaborative and cost-efficient approach to decommissioning, believes Optimus consultant Stuart Heggie.Perhaps understandably, governments and operators have put off decommissioning as much as possible. However,…
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…
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