Nigeria’s upstream regulatory hiccups continue to take toll on planned offshore exploration and production schedules as some private investors are stuck with their work programs for lack of clarity on key upstream mergers and acquisition procedures…
The stately Norwegian operator’s foray into South Australian offshore and Norway’s remote areas is being contested by increasingly successful green groups.A first installment of Norwegian operator Equinor’s plans to drill and develop oil reserves…
Mark Jones heads up InterMoor, part of the Acteon group of companies. The CEO weighs in on new technology developments and key markets driving growth for the mooring, foundations and subsea services firm.What type of mooring solutions are most in demand today…
American upstream oil and gas company Kosmos Energy has commenced the process of scaling down its stake in the lucrative Greater Tortue Anheyim gas project on the Senegal/Mauritania maritime border as the Dallas-based firm seeks to entrench…
A seismic survey segment which has seen its fortunes slashed heavily since 2015 and which isn’t expected to recover fully for at least another five years is starting to make waves as it navigates a still bumpy road marked by green shoots.First to feel the pinch when exploration slows…
Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn’t stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,…
When properly designed and applied, composite materials, which have been used for pipeline repairs since the 1980s, can outlast the steel being repaired in offshore environments.Even with a decades-long track record, says Matt Green, VP of technical services at ClockspringNRI…
UK-based exploration and production company African Petroleum continues to lay claim to offshore Block 1A in The Gambia even after the government of this tiny West African country reportedly signed an agreement with oil major BP for the likely lucrative asset…
The development of the Mero field, part of the Libra pre-salt complex offshore Brazil, has opened a range of opportunities for equipment and services in the oil and gas sector in the South American country. A range of equipment from wet x-mas trees…
Looking at the global subsea picture, what trends do you see, and how does Proserv plan to capitalize on potential areas of opportunity?In my opinion, we are now past the stabilization phase in the subsea sector, which has taken us through the last 18 months…
With oil prices pushing toward USD 80 dollar on geo-political strife, there’s the expectation of a concurrent rise in world gas prices and regional liquefied natural gas (LNG) projects, judging by some frenetic dealmaking of late.Few things…
The mission of the International Marine Contractors Association (IMCA) is 'to improve performance in the marine contracting industry', and that’s precisely what Allen Leatt has set out to do since taking over as the trade association’s chief executive in 2015…
It’s been long thought the “subsea factory” could reduce capex costs, but many topsides pieces of equipment must first be marinized to make that vision a reality. Oceaneering’s Subsea Pumping Technology (SPT), which recently won OTC's Spotlight on New Technology Award…
In late January 2019 Sete Brasil launched a public announcement for the sale of the drillships Arpoador and Guarapari and the semi-submersibles Urca and Frade. However, the auction ended up being postponed. All four are being built locally at the Jurong and Brasfels shipyards…
Political instability, insecurity and marine boundary disputes pose some of the major challenges constraining progress of Africa's upstream offshore oil and gas exploration ambitions at a time when the continent expected to ramp up production from its deep and ultra deepwater investments…
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