Fuel Fix

FMC Technologies' subsea equipment has helped fuel the company's growth. (Photo: Johnny Hanson/Houston Chronicle)

From ropes to bolts, everything is bigger at OTC

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Categories: featured, OTC
All of the products needed for deepwater development are engineered at a level beyond what most other industries require.

From ropes to bolts, everything is bigger at OTC

on
Categories: featured, OTC
FMC Technologies' subsea equipment has helped fuel the company's growth. (Photo: Johnny Hanson/Houston Chronicle)
All of the products needed for deepwater development are engineered at a level beyond what most other industries require.
Priyank Mehta tests a Aker Solutions operations chair created to control the drill equipment from the surface. Monday, May 5, 2014, in Houston. ( Marie D. De Jesus / Houston Chronicle )

The best oil and gas tech at OTC 2015

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The first two days of the annual mega conference featured some amazing tech, from simulators to turbines to giant ropes.
Categories: featured, OTC

Former BP Chief Executive Tony Hayward (center), current BP CEO Robert Dudley (right), and then-Chairman and President of BP America Lamar McKay (left) leave the White House following a meeting with U.S. President Barack Obama in 2010. McKay is now head of BP's upstream unit. Hayward is no longer with the company. (Win McNamee/Getty Images)

Steffy: BP habitually shields leadership

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Houston Chronicle columnist Loren Steffy responds to testimony from BP’s former safety official, who said the company’s internal report didn’t examine management’s culpability in the Gulf oil spill disaster.
Categories: General
Shareholders have criticized Chesapeake’s board for failing to rein in what they’ve seen as Chief Executive Officer Aubrey McClendon’s risk-taking and overspending at the company. (F. Carter Smith/Bloomberg )

Chesapeake under investigation by SEC

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Chesapeake Energy Corp. acknowledged Friday that it had been subpoenaed by the U.S. Securities and Exchange Commission and other authorities related to allegations of conflicts of interest and collusion.
Categories: Natural gas

Petrobras offshore presalt oil production reaches 300,000 b/d

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Oil production at Petrobras-operated fields in the presalt areas of the Campos and Santos basins has reached the 300,000 b/d mark.
Categories: Offshore

Wintershall lining up well on Mjøsa offshore Norway

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Bridge Energy has provided an update on its upcoming programs offshore Norway.
Categories: Offshore
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Texas electric supply will be ‘very tight,’ grid operator says

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Electric Reliability Council of Texas, the state’s grid operator, said there was a “significant chance” it would have to issue emergency alerts and ask consumers to reduce energy use on some days this summer.
Categories: Electricity

Centrica growing offshore North Sea oil and gas reserves base

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Centrica’s upstream capital investments last year totaled £2.7 billion ($4.06 billion), of which about £2 billion ($3 billion) was directed at North Sea gas and oil assets, including the completion of three acquisitions.
Categories: Offshore

Apache Main Pass 295 well control successful

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Well control action at Main Pass 295 in the Gulf of Mexico is complete and has stopped a kick, reports Apache.
Categories: Offshore

Statoil signs Aker, FMC to long-term subsea service agreements

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Statoil has awarded subsea services framework agreements to Aker Solutions and FMC Technologies for work on the Norwegian continental shelf.
Categories: Offshore

BP safety chief: probe ignored management role

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BP’s management has a long history of carefully excluding itself from scrutiny.
Categories: Uncategorized

Gassco cleared to remove North Sea compressor platform

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Petroleum Safety Authority (PSA) Norway has approved Gassco’s request to dispose of the redundant H-7 platform.
Categories: Offshore

Ithaca agrees to terms for Valiant takeover

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Ithaca Energy has agreed to acquire fellow North Sea independent Valiant Petroleum for $309 million.
Categories: Offshore

Songa Venus gets contract extension for wells offshore Vietnam, Malaysia

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Songa Offshore SE has entered into a contract extension and farm out agreement with Mubadala Petroleum from the semisubmersible drilling rig Songa Venus’ current contract with Petronas.
Categories: Offshore

Albanian offshore application in limbo

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A combination of political issues and the privatization of former state oil company Albpetrol has delayed Adriatic Oil’s application for the North Rodoni permit offshore Albania.
Categories: Offshore

NCS supporting Statoil rig moves offshore Norway

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Statoil (OSE:STL) has awarded NCS Survey a three-year contract for rig positioning services on the Norwegian continental shelf.
Categories: Offshore

Long fight ahead in BP oil spill trial

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At the end of the first four days of statements and evidence, nothing has yet happened to suggest BP made a mistake in not accepting a settlement on Deepwater disaster
Categories: Uncategorized