Antelope Oil Tool (AOT), a manufacturer and supplier of casing and cementation equipment, has successfully run their CentraMax RT1 centralizer in ultra-deepwater Gulf of Mexico, in a deviated and under-reamed wellbore. A customer faced…
XACT Downhole Telemetry deployed six deepwater Gulf of Mexico (GoM) deployments that provided real-time downhole data during a deepwater completion installation with BP. BP successfully accessed real-time downhole data throughout the well’s completion…
Only one in five oil and gas companies see themselves as highly digitalized today. However, close to half of senior oil and gas professionals (45%) already see solid or high potential for big data and analytics to transform the operating efficiency of the industry in 2016…
Production has finally started from Norway’s first Arctic oil field, at the Goliat floating production facility in the Barents Sea. The 180 MMbo field, the first producing oil field in the Barents Sea and the northernmost producing oilfield…
Farstad Shipping has recently sold and delivered two vessels. The PSV Lady Grete was sold on behalf of Farstad Shipping’s Singapore subsidiary, and delivered to the new owner on 29 February 2016. The AHTS Far Sea was sold through Farstad Supply…
The Bureau of Safety and Environmental Enforcement (BSEE) staff recently participated in the Alaska Regional Response Team (RRT) meeting to update attendees on BSEE’s Arctic spill response database project. Image from BSEE…
Elliot Kinch, business development manager for Interwell UK, has been appointed as the new chair of the Intervention & Coiled Tubing Association's European chapter (ICoTA). Kinch, who takes up his appointment March 2016, has served on the organization’s committee for two years…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
Current oil prices does little to support exploration and expanding developments. However, keeping an eye on the future, sub-saharan African nations show promise. Western African countries, such as Nigeria, have already seen the benefits…
After completing the world’s first wet gas compressor offshore Norway, OneSubsea looks to continue pushing the technology to new limits. The multiphase compressor station during installation. Photos from OneSubsea…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Norway's Det norske is expecting sailaway of the Ivar Aasen devlopment topsides in late may, with installation offshore Norway expected for July 2016. In a market update, the firm said key activities for the project, on the Utsira High…
Engineering and construction firm McDermott International has announced a string of new contracts offshore Australia and a few frame agreement focused on subsea projects offshore India. The frame frame agreement is with L&T Hydrocarbon Engineering (LTHE)…
Saudi Arabia’s oil minister Ali bin Ibrahim Al-Naimi has no concerns about current and future demand, he told delegates at IHS CERAWeek on Tuesday. “The bottom line is that the world demands 90 MMbo/d and long-term this will increase…
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