The 'digital oilfield' has been talked about for decades, been in practice for several years, but has not yet become a complete reality. despite its early promise, one issue that has consistently impeded the digital oilfield is the management…
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…
With the 2012 Atlantic hurricane season well under way, Weather Research Center's Jill Haslings discusses key learnings from the super storms of the past decade and how the Freeman/Hasling Damage Potential Scale can help the oil industry better understand the threat from the Gulf hurricanes to come…
Regulatory enhancements prompted by the macondo disaster now require operators to submit a worst-case discharge (WCd) scenario report prior to obtaining a drilling permit in US offshore fields. How to model WCd for offshore wells in compliance…
The new Offshore Technical Committee of ABS held its first meeting in Houston last month, with CTO Todd Grove enthusing afterwards that the class society had ‘made an excellent decision’ in separating the marine and offshore groups to concentrate…
The new Hydro-Ram yard facility opened by IHC Merwede in Broussard, Louisiana, will also serve as the Dutch group’s North America regional office for the piling markets. The facility will house a large rental fleet, maintenance operation and…
GE is developing a new oil & gas training facility in Houston at a cost of $10 million. Scheduled to open 4Q 2012, the 50,000ft2 GE Drilling Systems Technology Center ‘will focus on customer, technical and leadership skills aimed to meet…
Houston-based Optimization Petroleum Technologies (OPT) has named DeepDraft Energy as agent to sell and implement OPT’s PEOffice software suite throughout Africa, with an exclusive focus on Nigeria and Ghana.
Schlumberger has acquired Gedco, a Calgary-based provider of integrated geophysical survey design software and services. Gedco, which becomes part of the WesternGeco business unit, developed the OMNI 3D seismic survey design and modeling system and the VISTA 2D/3D seismic data processing package.
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…
Craig Clarke has been named VP Americas for the Aberdeen-headquartered EFC Group, based in Houston. He was previously the company’s Asia Pacific BDM.
Dana Ourso (pictured) has joined InterMoor as HR manager in the company’s Morgan City, Louisiana office. He was previously with the Shaw Group, Global Industries, Albemarle and J Ray McDermott.
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…
Total spending for upstream oil & gas will hit nearly $1.3 trillion this year, led by a robust North American market, according to a new report by IHS.Driven by strong oil prices and the North American unconventional gas boom, global upstream…
Galveston, Texas-based offshore living quarters and high blast/high fire rated shelters provider LoneStar Marine Shelters has been contracted by Shell Offshore to fabricate the 607 ton, 76 bed auxiliary living quarters for the Mars A expansion project in the Gulf of Mexico…
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