Abu Dhabi will look increasingly to the offshore as it bids to ramp up oil output to 3.5 MMbbl/d over the next five years from 2.7 MMbbl/d currently.
The consequences of BOP failure at 20,000 psi and 320 C (608 F) in ultradeep water are driving operators and manufacturers to meet new, more stringent regulations.
The Caspian region is overcoming immense challenges to prove itself as an oil and gas giant.
A group of oil and gas companies, led by Norway’s DNV GL, is studying the use of floating wind turbines to power water injection at subsea wells.
New source, receiver and geometry advances seek to make seismic acquisition more efficient.
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.