In today's competitive marketplace, oil and gas industry operators are continually searching to find new and improved means of working in a smarter manner and reducing costs.
Construction of the CLOV FPSO recently surpassed a key milestone when the topsides was mated to the vessel hull at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard...
How hot is hot? How high is high? These apparent riddles are the kinds of questions oil and gas companies and their service partners have been asking themselves for several years...
Among the frontier areas around the globe, West Africa's presalt is generating considerable interest, with 2013 shaping up to be an active year for both seismic and exploratory...
Moving out of the considerable shadow of state-owned Petrobras, Brazilian oil and gas company OGX has shown the advantages of its streamlined private sector operations since its...
After the Macondo incident in 2010 brought drilling in the deepwater Gulf of Mexico to a halt, some observers questioned whether the region could ever regain its position as one...
Entering the new year, operators, contractors, and suppliers are looking forward to an increased level of E&P activity in the US Gulf of Mexico, both in terms of drilling and ...
Though the automation system is typically only a small part of the total weight of an offshore platform, we all know every little bit of weight reduction counts.
As the seismic data files get larger and interpretation and presentation demand more computing power, oilfield companies are moving to stay ahead of the technology.
A modern day Kon Tiki expedition called Papa Mau has successfully navigated the 9,000 nautical miles (16,668 km) of ocean between San Francisco, and Bundaberg, Queensland, Australia...
Spending on floating production systems (FPS) will double over the next five years, a period that will see a total of 121 floating production units installed, according to energy...
High bids from a late November western Gulf of Mexico lease sale totaled more than $133 million on 116 tracts covering 652,522 acres, says the Bureau of Ocean Energy Management...
Exploration in Europe continues to head north, with Iceland provisionally awarding concessions to two consortia under the country's second licensing round.
BP has been awarded four deepwater exploration blocks offshore Nova Scotia, under the Canada-Nova Scotia Offshore Petroleum Board's latest Call for Bids.
Last year was another record for global upstream development spending, with total capital expenditure reaching just under $550 billion, according to a recent industry report by...
