Commentary – 3/4 2009Apr 24, 2009 The Squeeze is On
The oil industry is noted for long-term projects that can take years – sometimes more than a decade – to move from discovery to production. Here in our own backyard, we watched as Hydro used 10 years to go from discovery to production on the giant Ormen Lange field. A decade isn’t so long when you consider that the still-on-the-drawing-board Shtokman field on the Russian side of the Barents Sea was discovered in 1988.
From the Editor, 3/4 2009Apr 24, 2009 The Long View
The Offshore Technology Conference – OTC – is just around the corner, and in this issue we’ve worked to give you a little taste of what to expect as OTC celebrates its 40th anniversary. OTC focuses on the development of offshore resources in the fields of drilling, exploration, production and environmental protection – and we’ve highlighted some of the activities that make this conference one of the world’s foremost events.
Deep Challenges for Deep PocketsApr 24, 2009
In this article, Infield Systems examines the differing domestic challenges of the two largest US operators – ExxonMobil and Chevron. While Chevron is actively pushing frontiers as a lead operator ExxonMobil has become a strategic partner in many of the larger deepwater Gulf of Mexico projects.
Arctic Gas – No Stopping ShtokmanApr 24, 2009
The world’s largest undeveloped offshore gas field, Shtokman, is finally on track, and an assembled industry believes in it. It’s Game On for the 3.8-trillion-cubic metre Eastern Barents Sea prize, and neither bad press nor Cold War junkies can stop it. That’s the consensus found by a survey of those with good reasons for following Russia’s USD 15-billion gas project. Gas companies, commodity traders, brokerages, subsea players and those with a stake in regional gas projects, like shippers and shipbuilders, say Shtokman is on – whatever the price.
Global Partnership to Reduce Methane EmissionsApr 24, 2009
During her recent visit to Oslo, US Environmental Protection Agency (EPA) Program Manager Carey Bylin met with both industry and the authorities to discuss their possible involvement in the EPA’s Natural Gas Star Program and the Methane to Markets Partnership. Scandinavian Oil-Gas Magazine
met with Ms. Bylin to find out the EPA’s efforts to reduce methane emissions.
Media: Clouds on the HorizonApr 24, 2009
Business computing is finally getting as connected as it wants to be. Let’s look at one of the phenomena that claim to be able to revolutionise how you do business.