Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…
BG International, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus Holding's on-going joint industry project (JIP). The JIP’s objective is to develop and commercialise a new and safer subsea wellhead HGSS…
Vigilance remains key when it comes to offshore cyber security. Gregory Hale explains. Interconnected systems can be risky. Photo: OE Staff. Computer networks on offshore oil…
Raja Roy examines DNV GL’s first comprehensive overview on how to properly comply with US Coast Guard requirements to operate FOIs, FSOs and FPSOs in US waters. The roadmap document called “Verification for compliance with United States…
Stephen Whitfield examines well control standards in the US and Europe. Since the Macondo blowout devastated the Gulf of Mexico in the spring of 2010, governments and industry organizations around the world have recognized the need to…
Audrey Leon takes a look at recent exploration and production activities occurring offshore Tunisia. Top: The Ashtart platform offshore Tunisia. Bottom: The Maamoura platform operated by Eni Tunisia…
The 4th Annual Global FPSO Forum, formerly Emerging FPSO, serves as a rare opportunity to meet and deliberate over topics affecting the global industry. While most conferences are held in Europe and Asia, Global FPSO Forum is held annually in Galveston…
Elaine Maslin examines how better data trending and a focus on key hubs could help improve ailing production efficiency rates and extend asset life on the UK Continental Shelf and beyond. NI CompactRIO…
Stein Rasmussen, SBM Offshore’s new managing director of the Houston execution center, says he had a natural affinity with water since he was a child growing up in Norway. It’s fitting since he has spent his entire career working with floaters at companies such as Technip…
Unacceptable power quality can have significant impacts on safety, the productivity of operations and profitability. Ian C. Evans explains. An Ex motor. Photos from Harmionic Solutions. Electrical…
SBM Offshore discusses some of the company’s developing technologies and how it is working toward unlocking reserves in the Gulf of Mexico. Exploration for fields further offshore and in deeper waters is leading to the development of more complex reservoirs…
San Diego, California-based Sempra Energy is considering adding liquefaction capacity to its LNG regasification plant at Energía Costa Azul (ECA) in Baja California, Mexico. Subsidiary Sempra LNG's Energía Costa Azul is the first liquefied…
The US Coast Guard announced that the first launch and landing of an unmanned aircraft system from an icebreaker occurred on the flight deck of the USCGC Healy on 18 August in Arctic waters. The aircraft is being evaluated to determine…
Pacific Drilling’s ultra deepwater Pacific Sharav began its five-year drilling contract for Chevron on 27 August 2014. The contract is estimated to be worth more than US$1 billion, bringing Pacific Drilling’s total contract backlog as of 22 June 2012…
Natural methane leakage from the seafloor is far more widespread on the US Atlantic margin than previously thought, according to a study by researchers from Mississippi State University, the US Geological Survey, and other institutions. Methane…
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