A decade after acquiring Kvaerner, Aker Solutions is preparing a demerger that will spin the company off as a separate, fully fledged EPC contractor – with concrete gravity base structures (GBS) very much on its agenda.Legacy company Norwegian…
As an indicator of the health of the oil & gas industry, attendance at May's Offshore Technology Conference in Houston suggests that recovery from the global recession is well underway. OE looks back over some of the sights and sounds of OTC 2011…
Earlier this year, Douglas-Westwood forecast † the industry will spend $139 billion on subsea hardware 2011-15, a 23% jump on the previous five years, with the deepwater Golden Triangle inevitably dominating the anticipated spend. Despite the trials and tribulations of the past year…
Planning and information are key to the successful realization of Petrobras’ ambitious plans to hoist pre-salt production levels from the current 100,000b/d to 1.08 million b/d inside ten years. Jennifer Pallanich listened in as José Formigli…
Hugo Chávez is a 50-years behind times anachronistic male version of Eva Peron. But he has been elected by the Venezuelan people and he must be reckoned with not just because it is the democratic thing to do but because Venezuela is crucial to America's energy security…
Heavy demand--Schilling Robotics confirmed during OTC that EMAS has ordered eight of its Heavy-Duty ROVs while another offshore contractor, Global Industries, is purchasing one of the company's new Ultra-Heavy- Duty systems. EMAS plans to install the work-class HD ROVs…
An INTECSEA-led joint industry project headed by former Shell subsea specialist Ian Ball is looking to pave the way for increased step-outs, enhanced recovery and improved economics on upcoming subsea developments in arctic and sub-arctic waters…
Three Alaskan Beaufort Sea developments – BP Exploration (Alaska)'s Northstar, Pioneer --Natural Resources' Oooguruk and now Eni Petroleum's Nikaitchuq – have helped establish baseline experience for future arctic frontier pipelines. As well as demonstrating technical strides…
March's Japanese earthquake, tsunami and resulting nuclear contamination at the Fukushima power plant spawned a disaster that will be hard to remedy or forget. As usual the events have had a number of dimensions, mostly unfortunate for that country no matter how developed and prosperous it has been…
The UK offshore industry recognised that a key component to achieving a reduction in offshore hazards and incidents was to improve basic safety training for all personnel. OE looks at the e-learning programme designed to achieve that goal and now ready for roll out internationally…
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…
A new report estimates flaring of unused gas wastes about 5% of the world's annual production while emitting 400 million metric tonnes of CO2 per year. GE's Flare Gas Reduction: Recent Global Trends and Policy Considerations report estimates…
An important milestone in Apache's UK North Sea Bacchus field development was reached recently with installation of a 6.7km pipeline bundle. The job was overseen by Flexlife, whose operations director John Marsden here describes how it was planned and executed…
Competence testing, true independent oversight and a stronger focus on the human element are the lessons from Macondo, argues Lloyd's Register energy director Dr Iain Light. --The offshore industry has just had the dubious distinction of…
For Fluor, America is only one land of opportunity. Recent contract wins for work offshore Australia, Southeast Asia and the Middle East have buoyed Fluor's backlog. Jennifer Pallanich talks to Fluor executives about recent contract wins and Fluor's offshore strategy…
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