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Jeremy Cresswell

Oil & Gas

Sand management for optimal output

Sand is part and parcel of hydrocarbons production. At best, it is a costly nuisance, but unchecked it is potentially dangerous and must be rigorously managed. But how, as this aspect of production management has traditionally been less of a priority than some others?

Oil & Gas

New report highlights supply-chain gaps

A new report confirms that there should be very strong future growth for renewables in the UK, but it highlights an overall gap between what is achievable under existing circumstances and the Renewables Advisory Board central estimate scenario target of 7.6GW (Gigawatts).

Oil & Gas

Time to change gas pricing system

Inflation in the UK has reached its highest level for many years. The latest estimates show the annual rate of growth in the consumer price index (CPI) reaching 3.8% and in the retail price index (RPI) 4.6%. The Government's official target is just 2%.

Oil & Gas

Keeping projects pipeline flowing

A CRUCIAL task for Curran and his team is ensuring a pipeline of North Sea drillable prospects, exploration successes, acquisitions and projects as they are currently responsible for about 25% of Lundin's current 180million boe global reserves base.

Oil & Gas

Brazil’s Petrobras gobbles up yet more drilling capacity

BRAZIL'S Petrobras has booked 22 years' worth of work with Transocean that will soak up four of the US group's rigs and bring in revenues estimated at some $3billion. And it has won a further $1billion of work in the US Gulf of Mexico. Rigs to go on long-term hire to Petrobras are the Sedco 707, Sedco 710, Deepwater Navigator and Transocean Driller.

Oil & Gas

Billions poured into new-builds

The deepwater rig construction boom seems unstoppable, with another crop of orders placed over the past few weeks in Singapore and with Norwegian names once again to the fore as clients, notably Sevan Marine, which has ordered another pair of Sevan 650 drilling units from COSCO of Singapore.