Three university students studying topics relating to the oil and gas sector have been picked as the winners of the Offshore Mediterranean Conference 'five minute speech contest.' Out of about 20 technical papers presented in just five minutes…
Tertiary recovery, or EOR (enhanced oil recovery), should become an integrated part of production operations, a senior executive from Shell has told a European offshore industry conference this week. Speaking at a special EOR workshop…
The first signs of a recovery in the oil price have been seen and opportunities are opening up in the Mediterranean for Europe to significantly reduce its reliance on energy imports, delegates at the 12th Offshore Mediterranean Conference (OMC 2015) heard this morning…
More than 14,000 oil industry professionals are expected to descend on the Italian city of Ravenna this week for the bi-annual Offshore Mediterranean Conference, starting today (25). The city is home to the country’s offshore oil and gas industry…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production…
Mediterranean countries cannot be naive about the industrial risks around oil and gas exploration and production, delegates at the Offshore Mediterranean Conference (OMC) in Ravenna were warned this morning. The region, which comprises EU member states as well as non-member states…
Italian ship designer and builder Fincantieri will today (26 March) outline its new drillship design, Proxima. Proxima is a new ultra deepwater drillship capable of drilling to 50,000ft total depth in water depth down to 12,000ft. The…
Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region. Taking time out…
This year’s OMC conference ‘Charting a course in a changing sea’ attracted more than 560 companies from 30 countries to Ravenna, Italy, for 26 technical sessions and 120 speakers. But the changing gas market was on everyone’s mind. US shale gas…
Jumbo bolsters heavylift fleetJumbo Shipping last month confirmed that it has ordered a second new K-class vessel, with an option on a third, to complement its existing fleet. And following engineering studies, the Rotterdambased specialist…
In the past decade, the oil & gas industry has been effective in finding new resources, but much less successful in bringing new supplies onstream. That was the verdict of Eni E&P executive vice president Antonio Vella, addressing this year's Offshore Mediterranean Conference in Ravenna…
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…