Category: Offshore

Safety, cost driving new technology for removing rigs

Oil and gas companies are looking at minimizing risk and cost as the number of removals of aging offshore infrastructure rises in the Gulf of Mexico.  More »

Commentary: MLPs aren’t just for onshore anymore

Tim Devetski, co-managing partner of the Houston office of Sidley Austin LLP, explains why some offshore businesses have capitalized on the master limited partnership structure.  More »

BP exec: US shale could be laboratory for bounties abroad

Big Oil companies may have fallen behind their smaller rivals in North American shale plays, but their investments in South Texas and Pennsylvania could one day pay off in unconventional reservoirs abroad, a BP executive said this week.  More »

Industry takes the lead in improving emergency well control devices

Four years after the Deepwater Horizon disaster spotlighted shortcomings in the blowout preventers intended to safeguard offshore wells, government regulators are still drafting long-promised regulations meant to boost the reliability of those critical emergency devices.  More »

Spill-containment system for Gulf nears completion

Marine Well Containment Co. will complete an even larger system for responding to oil spills in the Gulf of Mexico by the end of the year.  More »

Cyberhawk’s OTC booth offers hidden treasure — if you can find it

The unofficial rule of generating booth interest at the Offshore Technology Conference is the bigger the better. Cyberhawk bucks the trend.  More »

Failure marked Shell’s Gulf quest before massive discovery

A decade before Royal Dutch Shell fired up production at the largest offshore facility in the world, it drilled an expensive dry hole.  More »

Post-Macondo regulations slow even Shell’s Mars B drilling

Royal Dutch Shell executives said Tuesday new regulators that require weekly testing of the equipment that failed BP in the massive 2010 Gulf of Mexico oil spill have added as much as a month to drilling time at its massive new offshore project.  More »

Mini-models steal the show at Houston’s OTC

With hundreds of vendors vying for attention at the 45th annual Offshore Technology Conference, colorful models of oil industry vessels, platforms and equipment, some of them the size of a small car and costing thousands of dollars, arguably can start a conversation that ends in a sale.  More »

Seismic advances most critical in frontier exploration, Total exec says

Increasingly powerful computer chips used to fuel advances in deep-water seismic imaging have emerged as the most important technological leap for the oil industry as companies dive into more difficult frontier basins, a Total executive said Tuesday.  More »

Statoil seeks to build huge subsea factories

Norwegian oil and gas company Statoil wants to build huge, underwater “factories” that sit on the seabed as they produce and process gas offshore by 2020.  More »

Next offshore frontier demands breakthrough in subsea technology

Key pieces of the subsea equipment used to gather deep-water oil and gas today wouldn’t last long under the pressures and temperatures of ultra-deep reservoirs that oil companies believe are the next frontier.  More »