A year can make quite a bit of difference in terms of the number of offshore mobile drilling units (MODU) in the fleet, the number of rigs working, plus rigs under construction.
China claims sovereignty over the South China Sea islands and adjacent waters that reach almost to Borneo. These claims are disputed by Vietnam, Malaysia, Philippines, Brunei, and Taiwan.
Enthusiasm for Australia's offshore oil and gas developments remains strong despite the competitive threats posed by a lack of local capacity and the introduction of a carbon tax.
The Falkland Islands have long attracted interest by the oil and gas industry.
As offshore oil fields worldwide continue to mature, the industry is looking for fit-for-purpose solutions that deliver safe and cost-efficient late-stage intervention and well-abandonment operations.
Shell is preparing to decommission the Brent field production complex in the UK northern North Sea.
In the last 10 years, more than half of new global oil and gas reserves have been discovered offshore, much of it in deepwater.
Flow assurance constraints imposed by existing subsea or topside infrastructure are among the main challenges of developing marginal fields in a mature offshore area.
Offshore oil and gas industry professionals from around the world will gather March 6-8, 2012, for the annual Subsea Tieback Forum & Exhibition at the Moody Gardens Hotel & Convention Center in Galveston, Texas.
Flow assurance is recognized as hugely important for the transportation of hydrocarbon fluids, since failures can be extremely costly to fix and can cause safety issues.
Members of Norway's NCE Subsea technology cluster in Bergen have good reason to be optimistic about the future of the offshore industry at the start of 2012.
ClampOn's monitoring technology is having a growing impact on the deepwater sector.
Scantrol is a Bergen-based control system specialist developing class-leading solutions for monitoring, control and vision systems.
As a member of NCE Subsea cluster, Siemens Subsea benefits both from research and development opportunities and networking opportunities in the Bergen region.
The Underwater Technology Conference enjoys a well-known history of highly competent speakers who have tackled current and important issues related to the subsea industry.
Investment offshore Norway is predicted to rise to its highest ever level according to government figures.
International operators are capitalizing on rapidly increasing demand for natural gas in the Asia/Pacific region, and that demand is expected to triple during the next 30 years.
Global Data
The jackup Endeavour has undergone modifications at Keppel FELS Shipyard in Singapore in readiness for a drilling campaign offshore Alaska.
Capital investment across the UK continental shelf reached an all-time high last year of £7.5 billion ($12.4 billion), according to analysts Wood Mackenzie.
As upstream oil and gas developers advance their development plans for the deepwater Gulf of Mexico, midstream companies have announced new pipeline systems that will move this production to market.
While surveying in support of South Stream gas pipeline through the Black Sea, GSP Offshore's DP-2 vessel GSP Prince has set a record for underwater sound velocity.
Statoil says it has begun to implement plans to enhance recovery in the North Sea using light well intervention (LWI) vessels.
Petrobangla has approved a plan by ConocoPhillips for seismic surveying of Bangladesh's Bay of Bengal offshore blocks in February.
Production optimization, marginal field development and flow assurance all have one thing in common – sensors and automation as a means to make them possible.
Martin Craighead has assumed the role of president and CEO of Baker Hughes.
The Gulf of Mexico is home to some of the most beautiful and majestic marine life on Earth.
Venari Resources receives $1-billion investment from private equity firmsVenari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company. |
Sterling prepares Romanian offshore drilling line-upSterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania. |
Partners agree timing for Norway wellRocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013. |
Technical issues halt North Sea Timon drillingAwilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea. |
Plant modifications slow progress on UK Breagh gas projectRWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources. |
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