From OTC 2015: Moves by the main hardware manufacturers to steer away from the traditional vertical and horizontal subsea trees have been on the agenda for some time, and OneSubsea put a spotlight here on its HyFleX tree, billing it as offering the benefits of both types....
Unmanned aerial vehicles have been gaining attention in the energy sector as companies tap the small aircraft for visual inspections of equipment, pipelines, flare stacks and platforms....
Downturn or recovery, expenses are wildly out of hand and projects are being delivered late, hurting service companies and pounding E&Ps with declining returns.
Blocks offered target both mature plays and new frontiers.
The next energy hot spots make the move to the front burner.
Fugro has a new AUV (Autonomous Underwater Vehicle) to play with, after recently taking delivery of the Hugin 1000 AUV, E...
BW Offshore has sold the VLCC BW Opal...
An FPSO, export pipeline and floating liquefaction solution is on the drawing board for an ultradeepwater gas discovery in the South China Sea operated by CNOOC.
DNV GL is leading a Joint Industry Project (JIP) aimed at solving the challenges brought about by sour service fluids from wells and the demands it places on pipeline material.
Odfjell Drilling expects the deepwater rig market to remain weak over the next couple of years, due to the continued delivery of newbuild units and oil companies’ increased cost focus and capital discipline.