Commentary, 1/2 2009Feb 9, 2009
Business as Unusual
Oil prices continue to sink and the pace of activity has begun to wane. News reports talk of the deepening market slump, which traders take to mean further reductions in demand. And shrinking demand sends prices even lower.
From the Editor, 1/2 2009Feb 9, 2009
Yes, it’s a new year, and everyone is taking a deep breath and bracing themselves for what this year will bring. There seems to be an all-prevailing “wait and see” feeling throughout business world, especially in the energy-related industries. One thing is for sure. As always, things will change – we here at the magazine are of the mind that this means eventually for the better.
Efficient Management of Well Services Delivered to BP on Miller Decommissioning ProjectFeb 9, 2009
The North Sea decommissioning process is gathering momentum and will undoubtedly be a major challenge for operators in the North Sea over the coming decades. One of the biggest projects underway currently is the decommissioning of BP’s Miller field where well abandonment activity is at an advanced stage.
Asia Installation Marks New Age for Metal-To-Metal Seal TechnologyFeb 9, 2009
Over the past four years, Aberdeen based Caledyne, a leading specialist in innovative engineering services and products to the energy industry, has developed a product which has dramatically increased the safety and reliability of wells and downhole activity. In May 2007, Caledyne’s patented retrievable metalto- metal (MTM) downhole seal system was launched. MTM seals address many of the limitations of elastomeric seals allowing operators to confidently and cost effectively, develop their fields.