Statoil’s executive VP of development and production discusses the importance of ONS 2014 and Statoil’s presence and projects. At ONS, Statoil called on the industry to develop a Lego-approach to bring standard parts together as building blocks for projects…
Inpex Corp. reached an agreement to transfer a 25% participating interest in the deepwater Block S offshore East Malaysia to Australia-based Santos. Block S is located in the Sabah basin and covers 574sq km with a water depth ranging from 200m to 1500m…
Seoul, South Korea-headquartered Samsung Heavy Industries will merge with Samsung Engineering Co., Ltd., the companies announced on 1 September 2014. The goal of the merger is to allow the companies a chance to become a global top-tier EPC (engineering…
Less than a week after its CEO Helge Lund called for the industry to develop a Lego-approach Statoil has announced it is working with DNV GL to introduce an international industry standard for subsea process technology. Lund was speaking at the ONS 2014 exhibition and conference in Stavanger…
The UK's Crown Estate has published its latest report aimed at improving the performance of the offshore wind sector, focusing on the more effective use of jackup vessels to help bring down costs in the maintenance of offshore wind turbines…
Rig design and engineering firm RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the North Falklands Basin. The FEED work is part of AMEC’s overall FEED contract for…
From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979. Development wells were down from 289 in 1998, to 120 in 2013. Exploration and appraisal drilling, on which offshore production ultimately depends…
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…
Networking technology works, but companies need to know the obstacles in order to avoid snares. Ellen Fussell Policastro reports. Communications will be of the essence for the Goliat floating production, storage, and offloading vessel…
As the industry advances into ultra-deepwater, an increasing number of tight tolerance wells require an efficient system for determining early influxes or losses during drilling, tripping, and cementing operations. Scott Hilliard of Statoil and Florian Le Blay…
An in-depth look at NOV’s closed-loop drilling automation system, which could help develop North Sea and Arctic assets. Automation is a growing force in the offshore oil and gas industry. Its potential to increase safety, optimize operations…
Claudio Paschoa takes a look at Ceona’s vertical pipelay vessel, Polar Oynx, now serving Petrobras offshore Brazil. Polar Onyx in the Storfjord in Norway. Photo from Norsk Skipsfarts Forum. With…
As its bid licensing round is delayed again, will Lebanon’s offshore industry ever take off? Sarah Parker Musarra analyzes the current situation and explores the history of the troubled country. In April, Lebanon once again delayed its…
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…
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…
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