BP chief economist Christof Ruehl said the US will become energy independent, due to unconventionals, by 2030, in yesterday’s [Thursday] lunch, Energy Markets – the Short and Long Term. Ruehl said unconventionals (tight oil and shale…
Lakach is PEMEX’s first deepwater project, with gas production due to start in 2016. It will meet dual strategic goals of expanding PEMEX expertise in DW development, and meet internal demand for natural gas. “Lakach is a very good exercise for us…
Ken Robertson, production services manager for Shell UK, stressed the importance of participation among UK workers in order to improve safety conditions, during the Step Change in Safety breakfast briefing yesterday morning. Robertson…
Norway’s Statoil is considering extending the life of its giant Statfjord A facility in the North Sea, with a decision expected by year end, SPE Offshore Europe’s keynote session Decommissioning and value extraction for end of life heard yesterday…
Halliburton announced the official opening of its Multi-Chem business line’s Acadiana Blend Plant in Maurice, Louisiana. The new facility will help meet growing business demands in the Gulf of Mexico market and provide expanded local service capabilities…
UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
The 2010 Macondo blowout and oil spill continues to haunt the industry, and inspire new regulatory rules not only in the US, but across Europe. Explaining why he opened yesterday’s Industry Progress Post Macondo presentation with fiery photos of the Deepwater Horizon rig…
A scheme developed by Chevron to increase the amount of people working on its Captain field for asset integrity campaigns helped increase bed space and ease logistical issues during the recent helicopter crisis, a session heard yesterday…
Daewoo Shipbuilding & Marine Engineering (DSME) has awarded GE Oil & Gas a contract to provide turbomachinery equipment and services for the Gina Krog platform in the Norwegian North Sea. The Gina Krog development (previously known as Dagny) will be about 250 km southwest of Stavanger…
“Establishing a successful rig consortium is a roller-coaster process”, Geir Kristian Pedersen, managing director of Rig Management Norway (RMG), said at the keynote session Planning for Long Term Drilling yesterday. Key factors in building a consortia are being co-operative…
In the short term there will be a dash for gas, but longer term the key to global energy supplies could be solar, yesterday’s SPE Offshore Europe breakfast briefing heard. Professor John Miles, Arup/Royal Academy of Engineering research professor in transitional energy strategies…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…
More people, more wealth, more energy demand—that has been the story of the world’s civilization over the past 250 years, and it is expected to continue. That is one of the messages from BP chief economist Christof Ruehl, who will lead…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
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