Jon Fredrik Müller and Audun Martinsen, of Rystad Energy, take a look at rising costs and the downturn and share how these two will affect the subsea market going forward. An illustration of the Johan Sverdrup field center…
Well plugging and abandonment activity as part of offshore decommissioning is starting to ramp up – but could it be done better? Elaine Maslin reports. Interwell’s exothermic P&A solution. Image from Interwell…
Shell started first natural gas production from the Corrib field, off the northwest coast of Ireland. Corrib start up. Image from Shell. Corrib is located 83km off Ireland’s northwest coast in nearly 350m water depth…
WFS Technologies (WFS), a provider of underwater wireless instrumentation and control solutions to the offshore oil and gas, and renewables industries, launched the Seatooth PipeLogger Corrosion Monitor. The Seatooth PipeLogger Corrosion…
Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…
DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…
McDermott International has announced that a consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Indian conglomerate Larsen & Toubro, was awarded a contract covering the engineering, procurement, construction…
Oceaneering International has announced the appointment of Martin J. McDonald as senior vice president (SVP), remotely operated vehicles (ROV), with global responsibility for Oceaneering's ROV business, effective 1 January 2016. McDonald's career spans 26 years with Oceaneering…
Shipping and offshore specialist law firm Wikborg Rein says current low oil prices could mean there are bargains to be had for investors in the offshore sector who follow recommended procedures for assessing and acquiring distressed companies…
Cameron stockholders voted to approve the merger agreement between the equipment manufacturer and Schlumberger today (December 18) at a special meeting. In late August, oilfield services giant Schlumberger announced it would acquire Cameron in a deal worth US$14…
Aker Solutions and Saipem are to cooperate on targeted subsea oil and gas development projects worldwide. The companies will, through a joint work, group identify opportunities where they can create value for customers by combining Aker…
Weatherford achieved a new world record by landing an 1180-ton (2,360,700-lb) casing string at a total depth of 26,805 ft (8170 m). The job was performed on a deepwater rig in the Gulf of Mexico this fall. The operator of a deepwater rig in the Green Canyon required installation of a heavy…
Deepwater mooring specialist, First Subsea, has completed the installation of subsea mooring connectors for Anadarko Petroleum's Heidelberg truss spar platform moored in 5310ft (1620m) of water in field development in the Gulf of Mexico. The 23…
Subscribe
