Collaboration is vital if the U.K. North Sea is to survive and prosper, Sir Ian tells delegates.
With the government and industry calling for more collaboration to help revitalize the U.K. offshore sector, the Glenlivet project in the West of Shetland region is showing the way.
Companies embrace predictive analytics to improve production.
The jackup drilling market could fare better than others amid the oil and gas industry’s spending slowdown.
The combined company will be a little more than half the size of larger rival Schlumberger Ltd.
A process called forward-osmosis is applied to clean water used in hydraulic fracturing.
Researchers estimate that for every gallon of water used to frac for natural gas, Texas saved 33 gallons of water by using that gas for electricity generation.
The contract covers the supply of Deep Casing Tools’ drillable casing and liner reamer technology.
Det norske oljeselskap ASA has awarded 4Subsea a contract for monitoring of conductor loads on a pilot well at the Ivar Aasen Field in the North Sea.
Subsea 7 S.A. has been awarded a contract by Royal Dutch Shell for installation work in the Gulf of Mexico.
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola, the company said in a news release.
Technip has been awarded a contract from the Tupi BV consortium for the ongoing development of the Iracema North Field in Brazil’s Santos Basin presalt area, a news release said.
Data-driven models can shed light on factors that influence operations.
The push to exploit big data and apply analytics comes as operators work to increase production.
Technology and an abundance of data are forcing oil and gas companies to make changes and prepare for new ways of operating.
According to a PwC survey, 49% of CEOs are somewhat or extremely concerned about cyberattacks in their organization.
Problematic areas have included perforation issues, loss of fracture length, and sometimes wellbore connectivity.
West Alpha could end up operating offshore Norway instead of going back to Russia in 2015, said Dominic Genetti, operations manager for Exxon Mobil in Norway.
Pulse has designed, manufactured and installed a powerful motion and strain monitoring system to verify the design of the first lazy-wave steel riser system to be installed in the Gulf of Mexico (GoM), a news release said.
Field development activity in Southeast Asia is moving along at a steady pace, with the region on course to play a key role as a nurturing ground for a growing fleet of FLNG projects in the coming years.
Sembcorp Marine announced that its subsidiary PPL Shipyard has secured a $240 million contract to build a new jackup drilling rig from BOT Lease Co. Ltd.
Two new 150-ton bollard pull anchor handling offshore support vessels being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will be powered by Wärtsilä integrated propulsion systems.
The move doesn’t imply that Anton and Schlumberger, the world’s largest oilfield-services provider, plan to shut the venture.
The FPSO unit Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72-hour continuous production test leading to production acceptance notice.
The incident happened during routine maintenance operations on Fieldwood Energy's Echo platform around 3 p.m. Nov. 20.
An explosion at a Gulf of Mexico (GoM) oil and gas platform operated by Fieldwood Energy LLC killed one person and injured three others, according to the Bureau of Safety and Environmental Enforcement (BSEE).
Further investment would follow if the company moved into development and production.
Essar Oil Ltd. has appointed Manish Maheshwari CEO-E&P.
Thornton is president and CEO of Comdisco Holding Co.
Cubility has named Kai Preben Sæveland as the company’s CFO, according to a news release.
KBC Advanced Technologies appointed Andrew Howell as CEO with effect from Jan. 1, 2015.
Edward S. Jacob III has been elected chairman of the International Association of Drilling Contractors (IADC) by its board of directors, according to a news release.
A bill to create the company, with shares to be sold to the public, was approved by the cabinet of the Kurdistan Regional Government, Kurdish Prime Minister Nechirvian Barzani said in a statement.
Operators hope for certainty in SGER decision.
SBM Offshore has reached an out-of-court settlement with the Dutch Public Prosecutor’s Office (Openbaar Ministerie) over the inquiry into alleged improper payments, the company said in a news release.
The American Petroleum Institute (API) has published five recommended practices for the design, construction and maintenance of offshore structures used in oil and natural gas drilling and production operations, according to a news release.
The country aims to increase production and hopefully revenue.