www.upstreamonline.com http://www.upstreamonline.com/ www.upstreamonline.com Weatherford Labs, FEI in joint agreement http://www.upstreamonline.com/live/1400300/weatherford-labs-fei-in-joint-agreement US services providers Weatherford Laboratories and FEI have agreed to combine their geological analysis tools, with the aim to improve reservoir characterization and predictability for the oil and gas industry. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1400300/weatherford-labs-fei-in-joint-agreement Mon, 18 May 2015 18:13:16 +0000 live Shell sees offshore CCS application as 'remote' http://www.upstreamonline.com/live/1399311/shell-sees-offshore-ccs-application-as-remote Anglo-Dutch supermajor Shell sees great promise for carbon-capture technology at certain offshore gas projects but does not see a widespread application for the technology in areas not rich in gas. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1399311/shell-sees-offshore-ccs-application-as-remote Wed, 06 May 2015 20:49:30 +0000 live 'Standardisation needs to happen, fast' http://www.upstreamonline.com/live/1399064/standardisation-needs-to-happen-fast Industry at critical juncture where collaboration needed to cut costs, contractor giants say Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1399064/standardisation-needs-to-happen-fast Wed, 06 May 2015 00:38:57 +0000 live PetroVietnam faces challenge of Cuu Long basin http://www.upstreamonline.com/live/1399057/petrovietnam-faces-challenge-of-cuu-long-basin Vietnam’s state-owned oil and gas company PetroVietnam is looking to further tap the hydrocarbon potential at in the CUU Long basin off the country’s eastern coast despite a number of geological and drilling challenges. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1399057/petrovietnam-faces-challenge-of-cuu-long-basin Tue, 05 May 2015 22:49:08 +0000 live Industry 'needs to seize moment on costs' http://www.upstreamonline.com/sectors/politics/1399050/industry-needs-to-seize-moment-on-costs Today's sharply lower oil prices allow a unique opportunity to challenge convention and drive down costs in how offshore fields are developed, top executives at Technip and FMC Technologies said at the Offshore Technology conference. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/sectors/politics/1399050/industry-needs-to-seize-moment-on-costs Tue, 05 May 2015 21:48:34 +0000 sectors sectors_politics Lack of standardisation 'destroys money' http://www.upstreamonline.com/live/1398966/lack-of-standardisation-destroys-money A reluctance to standardise engineering and procurement specifications for major projects is costing operators millions of dollars and compromising not only project schedules but worker safety as well, a BP executive said. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1398966/lack-of-standardisation-destroys-money Mon, 04 May 2015 22:02:30 +0000 live Newcomer UIS eyes acquisitions http://www.upstreamonline.com/live/1398963/newcomer-uis-eyes-acquisitions A new private equity-backed subsea services player is hitting the acquisitions trail with a $150 million kitty as it looks to plug what it sees as a gap in the global subsea integrity market. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1398963/newcomer-uis-eyes-acquisitions Mon, 04 May 2015 21:45:05 +0000 live GE continues R&D drive http://www.upstreamonline.com/live/1398959/ge-continues-randd-drive GE Oil & Gas is increasing its capital expenditure on product development despite the recent sharp decline in oil prices. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1398959/ge-continues-randd-drive Mon, 04 May 2015 19:56:58 +0000 live Tracerco takes CT pipe scanning subsea http://www.upstreamonline.com/live/1398958/tracerco-takes-ct-pipe-scanning-subsea The first deepwater commercial application of a new subsea pipeline inspection technology incorporating computerised tomography (CT) has been successfully completed on a Gulf of Mexico oil pipeline. Noah.Brenner@nhst.no (Noah Brenner) http://www.upstreamonline.com/live/1398958/tracerco-takes-ct-pipe-scanning-subsea Mon, 04 May 2015 19:43:03 +0000 live OTC kicks off in Houston http://www.upstreamonline.com/live/1398924/otc-kicks-off-in-houston The 2015 Offshore Technology Conference kicks off in Houston, Texas with everything veteran attendees have come to expect from the massive event as well as some new wrinkles for the latest edition. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1398924/otc-kicks-off-in-houston Mon, 04 May 2015 14:32:53 +0000 live Ferguson nets MacKellar Sub-Sea http://www.upstreamonline.com/live/1398818/ferguson-nets-mackellar-sub-sea Scotland’s Ferguson Marine Engineering has snapped up two compatriot companies that had gone into administration. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1398818/ferguson-nets-mackellar-sub-sea Fri, 01 May 2015 16:29:09 +0000 live Utah oil sands project receives permit http://www.upstreamonline.com/live/1398339/utah-oil-sands-project-receives-permit American Sands Energy (AMSE) has received ground water discharge and construction permits from the Utah Department of Environmental Quality (DEQ) for its Sunnyside development in Carbon County. caroline.evans@upstreamonline.com (Caroline Evans) http://www.upstreamonline.com/live/1398339/utah-oil-sands-project-receives-permit Tue, 28 Apr 2015 21:52:10 +0000 live Innovation touted as key to survival http://www.upstreamonline.com/live/1397557/innovation-touted-as-key-to-survival Oil and gas companies that react too quickly and predictably to industry headwinds will find themselves behind competitors who are willing to innovate even during hard times, a Saudi Aramco official said on Monday. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1397557/innovation-touted-as-key-to-survival Mon, 20 Apr 2015 21:11:16 +0000 live Heavy rotation http://www.upstreamonline.com/live/1397489/heavy-rotation Other options such as the spar, tension-leg platform or semi-submersible may be more handily symmetrical in the way they face the worst of oncoming weather. But when conditions get beyond the capabilities of a spread-moored “static” monohull production vessel, its weathervaning sister has gone on to vie with the best of the competition. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397489/heavy-rotation Mon, 20 Apr 2015 07:37:45 +0000 live Towering ambitions http://www.upstreamonline.com/live/1397357/towering-ambitions Huisman’s yard in Schiedam, Netherlands, is packed on a late winter day, as it has been for most of the past few years. Pipelay towers stand, sentry-like, on the dock just outside the company’s offices, awaiting installation on subsea construction vessels scheduled to arrive soon. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397357/towering-ambitions Fri, 17 Apr 2015 11:30:57 +0000 live GE in $13.6bn loss http://www.upstreamonline.com/live/1397383/ge-in-usd-136bn-loss GE ran up a loss of $13.61 billion in the first quarter as revenues fell slightly and it took a writedown on financing receivables. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1397383/ge-in-usd-136bn-loss Fri, 17 Apr 2015 11:13:43 +0000 live Siemens powers up subsea http://www.upstreamonline.com/live/1396769/siemens-powers-up-subsea Siemens is touting a new subsea hydraulic power unit developed in collaboration with Norway’s Statoil that can be used to provide local energy generation for facilities on the seafloor as an alternative to umbilicals. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1396769/siemens-powers-up-subsea Fri, 10 Apr 2015 09:50:45 +0000 live Gullfaks South unit in Statoil hands http://www.upstreamonline.com/live/1394650/gullfaks-south-unit-in-statoil-hands Statoil has taken delivery of the world’s first subsea multiphase wet gas compressor facility to be used on the Gullfaks South field off Norway and believes the ground-breaking technology could be a “game-changer” to boost recovery from existing fields – as well as develop new ones. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1394650/gullfaks-south-unit-in-statoil-hands Wed, 18 Mar 2015 13:31:00 +0000 live Statoil picks MCP to build 4G network at sea http://www.upstreamonline.com/incoming/1394243/statoil-picks-mcp-to-build-4g-network-at-sea Norwegian state-owned operator Statoil has chosen Maritime Communications Partner (MCP) to deploy and operate their high speed offshore 4G-network aimed at improving communications between platforms, rigs and supply-vessels on the country's continental shelf. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/incoming/1394243/statoil-picks-mcp-to-build-4g-network-at-sea Thu, 12 Mar 2015 09:20:37 +0000 ece_incoming Petro River unit buys GTL player http://www.upstreamonline.com/live/1392647/petro-river-unit-buys-gtl-player A subsidiary of US junior Petro River Oil has agreed to acquire the assets of chemical solutions provider Havelide GTL in a bid by the Texas-based company to build up its technological capabilities. Luke.Johnson@upstreamonline.com (Luke Johnson) http://www.upstreamonline.com/live/1392647/petro-river-unit-buys-gtl-player Tue, 24 Feb 2015 17:33:13 +0000 live UK centre joins international CCS project http://www.upstreamonline.com/live/1392604/uk-centre-joins-international-ccs-project A UK government-backed research and development project has joined an international collaborative group set up by Norway’s CO2 Technology Mongstad to collaborate on accelerating the commercialisation of carbon capture and storage technology. Bill.Lehane@upstreamonline.com (Bill Lehane) http://www.upstreamonline.com/live/1392604/uk-centre-joins-international-ccs-project Tue, 24 Feb 2015 10:39:51 +0000 live Badger set for next step http://www.upstreamonline.com/live/1390965/badger-set-for-next-step Norwegian technology developer Badger Explorer has successfully completed full system testing of its eponymous subsea drilling tool, bringing it a step closer to commercial realisation. Steve.Marshall@upstreamonline.com (Steve Marshall) http://www.upstreamonline.com/live/1390965/badger-set-for-next-step Fri, 06 Feb 2015 14:17:34 +0000 live Statoil, GE in efficiency drive http://www.upstreamonline.com/live/1389935/statoil-ge-in-efficiency-drive Statoil and GE are joining forces to develop sustainable energy solutions to drive down costs and cut emissions and energy usage in the oil and unconventional gas industry. Eoin.Ocinneide@upstreamonline.com (Eoin O'Cinneide) http://www.upstreamonline.com/live/1389935/statoil-ge-in-efficiency-drive Wed, 28 Jan 2015 16:42:00 +0000 live