'There are 'suspicions' that [Gazprom] has prevented alternative sources of natural gas from and into European countries, applying inappropriate practices, exploiting its position as the dominant supplier of natural gas to Europe.'It took time but it eventually happened…
'After a strategic review Fugro basically decided to exit the capital intensive and volatile seismic segment of the oil & gas exploration market where it does not have a leading market position. It spotted that most seismic companies had indicated fleet expansion plans in the immediate future…
Recent tests on Mobil Industrial Lubricants’ Arctic performance hydraulic oil have reportedly shown that it can help reduce hydraulic system energy consumption by up to 6.2%, when compared with standard mineral hydraulic oils. Given pride of…
As the tension between Israel and Iran ratchets up, an interesting sub-text has developed over the role of Iran’s traditional backer, Russia. While many Western observers continue to raise the spectre of a ‘wider Middle East conflagration’, and one that could drag in Russia…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
Germany's Lufthansa continues to beef up its international oil & gas routes with the launch of Airbus A380 service between Houston and the company's Frankfurt hub. Russell McCulley was invited along for the inaugural flight.Lufthansa flight 440 departed Frankfurt Airport 1 August…
A prediction of an oil price slump in less than a decade prompts Andrew McBarnet to onder on the prevailing wind currently favouring the marine seismic business.Possibly the most provocative oil industry analysis to surface in the last few months emanates from the portals of academia…
During the last week of June in the US, anything that wasn’t ‘Obamacare’ didn’t get much news coverage. With that in mind, one had to wonder why ‘36 citizen organizations with more than 1.1 million combined members’ chose 27 June to release…
Oil and gas field developments up to 2017 in the dynamic Norwegian, Barents and Baltic Sea areas are captured in a new mapping product from Infield Systems. To be launched with free distribution from the Infield stand (J-1060) during Stavanger’s ONS show 28-31 August…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
Rotterdam-based Jumbo is boosting the capacity of its heavylift fleet with orders for two K-3000 vessels which, as the name implies, offer a tandem lift capacity of 3000te. The in-house designed K-3000 vessels are being built at the Brodosplit shipyard at Split in Croatia…
CGGVeritas marine seismic operations have undergone a major modernisation programme and the introduction of new technology. Andrew McBarnet reviews progress.Something of a Gallic flourish can be detected about the CGGVeritas multi-client survey in the Keathley Canyon area of the US Gulf of Mexico…
Open markets can be a powerful ally for a world seeking to manage short-term disruptions to energy supply and meet long-term demand, BP group chief executive Bob Dudley declared at the June launch of the BP Statistical Review of World Energy…
The US oil & gas industry grew across several categories in 2011, including a 38% increase in exploration and development spending, according to new analysis from Ernst & Young. Russell McCulley reports.While total capital expenditures among…
OE's latest review of deepwater subsea tieback projects ongoing in the Gulf of Mexico shows the region is still suffering from the after-effects of the drilling moratorium that followed in the April 2010 Macondo disaster's wake. Jennifer Pallanich…
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