Commentary, 7/8 2011Aug 19, 2011
Cast a stone into still waters, and it can be quite fascinating to see how far the ripples will travel, ever outward.
In the North Sea, the “ripples” from other oil provinces began to arrive in the 1960s – and it’s good to remember that here on the Norwegian Continental Shelf, that Ekofisk was discovered in 1969 and the first production began in 1971 – and now, at 40, the field continues to produce.
From the Editor… 7/8 2011Aug 19, 2011
Early in August, 20 years ago the World Wide Web was born in the CERN laboratories in Geneva. We’ve all benefited from Tim Berners-Lee’s vision to bring together hypertext and the Internet together in a system where we make our thoughts and ideas (and products) available to the world – and that’s without taking into consideration other Internet tools such as email, instant messaging and video conferencing.
Lundin Leading the Way in NorwayAug 19, 2011
Lundin Norway had a “monumental” 2010 to grow its reserves by 18 percent. Since entering the North Sea by acquisition in 2003, company holdings here have grown to 47 licenses. Net reserves total 139.2 million barrels of oil equivalent (MM boe) – more than company reserves in nine other countries combined. Earnings are up 100 per cent, and net profit 293 percent. There’s a new listing in energy-focused capital market Toronto. We caught up with Lundin Norway director Torstein Sanness as he presided over 70 percent of the parent company’s exploration budget.
20 Years of Thermal Insulation in the North SeaAug 19, 2011
The Thermotite® polypropylene-based linepipe and field joint thermal insulation coating systems in 2011 celebrate 20 years since their first commercial application in the offshore oil and gas industry. Offshore operators and installation contractors worldwide continue to appreciate the long-term insulation performance of the Thermotite® insulation systems, as well as their flexibility in terms of operating conditions – water depth, operating temperature and offshore installation.
Visualisation, Simulation and Control in Subsea OperationsAug 19, 2011
Recovering offshore oil and gas reserves in water depths as great as 6,000 feet presents huge challenges for operators in the installation, inspection and maintenance of equipment on the seabed. These can only be addressed by the use of autonomous and remotely controlled equipment and techniques. Increasingly, visualisation, simulation and control technologies are playing a key role in the remote operation of subsea and ocean floor equipment.
Cenpes – Brazil’s Oil and Gas R&D Centre Largest in the Southern HemisphereAug 19, 2011
In an exclusive interview with Scandinavian Oil-Gas Magazine
, Dr. Carlos Tadeu da Costa Fraga, the executive manager of Cenpes, Brazil’s world-class Petrobras’ R&D centre says that since 2005, the installations were doubled at a cost of USD 700 million. “We became the largest research centre in the southern hemisphere and one of the five largest research centres in the area of oil and gas worldwide.”
Media: Debating the DebatesAug 19, 2011
After the terrorist attacks on Oslo and Utøya on July 22nd, it has become all too apparent how the Internet can also be an arena for truly hateful and twisted communication, and this needs to be addressed in a broader context. While this was an attack on a small country, the Internet is a global space, and the lessons we need to learn, and the changes we have to make, will be relevant all over the world.