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.
US, Mexico sign GoM maritime boundary development agreementThe United States and Mexico have agreed to cooperate in oil and gas developments along the maritime border between the two countries in the Gulf of Mexico. |
Statoil names Technip to marine operations at ÅsgardStatoil has awarded Technip a NOK 1.2 billion ($212 million) contract for marine operations on the Åsgard seabed compression project in the Norwegian Sea. |
Royal Dutch Shell appoints upstream international directorRoyal Dutch Shell has appointed Andrew Brown as upstream international director. |
Dragon looking to streamline production from Caspian fieldsDragon Oil says results from a water injection study offshore Turkmenistan could improve well performance on its Cheleken Contract Area fields. |
Narina well delivers oil offshore LiberiaAfrican Petroleum (AP) has found potentially large volumes of oil while drilling offshore Liberia. |