Offshore drilling market faces an uncertain year

As a slew of newbuild drilling rigs hit the market in 2015, coupled with budget cuts, it is speculated that the industry will see an acceleration in the rate of marginalization of legacy assets.

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Online exclusive: Mexico’s bidding round for shallow water kicks off

The Mexican National Hydrocarbons Commission recently published the bidding and contract term.

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Seismic companies steel themselves for a challenging year

This year's annual global seismic vessels survey was undertaken during one of the greatest periods of uncertainty the oil and gas industry has seen in recent years.

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Pipelay vessel Ceona Amazon made ready for deepwater field development

Recently, the two main cranes and vertical lay system were fitted on Ceona's new deepwater field development vessel Ceona Amazon at the Huisman yard in Schiedam, the Netherlands.

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Red Hawk stands as first spar ever decommissioned in GoM

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. 

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Lewek Constellation heads to the Gulf of Mexico

EMAS AMC has introduced the Lewek Constellation, a unique vessel that finds itself in an increasingly unique situation. 

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Exclusive: BSEE chief discusses SEMS audits, new reporting initiative

Bureau seeks industry input on SEMS implementation, KPIs (Photo courtesy BSEE)

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Ultra-deepwater to capture most of Brazil's offshore capex

Brazil's forecast capex over the next five years on ultra-deepwater developments is expected to constitute 84% of the 2015-2019 offshore spending.

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Sub-Sahara Africa booms in oil exploration, natural gas finds

Sub-Sahara Africa is expected to outpace Russia as a global gas supplier by 2040.

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Deepwater Gulf remains active amidst low oil prices

E&P activity in the deepwater Gulf of Mexico is proving to be resilient in the face of a sharp decline in oil prices.

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Gas demand driving mega projects off Asia/Pacific

This year will see an industry first operating off the coast of Malaysia. 

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Arctic E&P activity on the rise

The potential of the offshore Arctic oil and gas market is substantial. 

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Latest News

UK, Norway could benefit from falling costs, analyst claims

May 27, 2015 Wood Mackenzie expects capital and operating costs in the UK and Norway’s upstream sectors to decrease steadily this year in response to lower oil ...

Petronas starts production from Bukit Tua offshore Indonesia

May 27, 2015

Petronas has delivered first oil achieved from the Bukit Tua field development in the Ketapang block, 110 km (68 mi) offshore East Java.

Total reaches production milestone offshore Angola

May 27, 2015

Total has produced its two-billionth barrel from its operated deepwater block 17, 150 km (93 mi) offshore Angola.

Gudrun leak a serious threat to platform crew, report finds

May 27, 2015 Statoil has outlined the conclusions of its investigation into a condensate leak earlier this year on the Gudrun platform in the Norwegian North Sea.

CNOOC discovers oil in the eastern South China Sea

May 27, 2015

CNOOC Ltd. has made a mid-sized discovery on the Liuhua 20-2 structure in the eastern South China Sea.

Eni proves more gas, condensate offshore Libya

May 27, 2015

Eni has achieved its second discovery this year in Area D offshore Libya.

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OFFSHORE MAGAZINE
Volume 75, Issue 5
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Eni proves more gas, condensate offshore Libya

Eni has achieved its second discovery this year in Area D offshore Libya.

Kongsberg to supply controls package for Johan Sverdrup

Kongsberg Maritime has secured a call-off order for delivery of equipment for the ...

Petronas starts production from Bukit Tua offshore Indonesia

Petronas has delivered first oil achieved from the Bukit Tua field development in ...

Rieber takes delivery of Polar Empress seismic vessel

GC Rieber Shipping has taken delivery of the newbuild seismic vessel, Polar Empres...

Petronas starts production from Bukit Tua offshore Indonesia

Petronas has delivered first oil achieved from the Bukit Tua field development in ...

Petronas starts production from Bukit Tua offshore Indonesia

Petronas has delivered first oil achieved from the Bukit Tua field development in ...

Rieber takes delivery of Polar Empress seismic vessel

GC Rieber Shipping has taken delivery of the newbuild seismic vessel, Polar Empres...

Total reaches production milestone offshore Angola

Total has produced its two-billionth barrel from its operated deepwater block 17, ...

Online exclusive: Oil and gas M&A activity on the uptick in 2015

While this year is likely to see a renewed level of mergers and acquisitions activ...

Technical Brief

Advances in Subsea Recovery

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