Tag Archives: subsea

With Brent trading at almost $80/bbl and Permian constraint friction heating up (pipe, diffs, trucks, etc), it feels like it’s time to start getting more constructive on the offshore recovery theme. But can long-cycle deepwater returns ever compete with short-cycle Permian returns again? An expert weighs in for our first …

On ExxonMobil’s conference call Friday, we will be listening for talking points on two key development areas in particular: the Permian Basin and the deepwater Liza development offshore Guyana. The Liza development is especially important as it is one of the first major deepwater projects that is moving forward since the …

This morning, the Norwegian Financial daily Finansavisen reported in no uncertain terms that Aker Group, owned by Kjell Inge Røkke, is about to sell Aker Solutions to Halliburton. We have detailed analysis of the possibility including a cliff hanger question you don’t want to miss… There’s a lot more to this story… Login …

Note: Each Friday in March, we are passing the keyboard to one of our readers to share perspective from the field. We hope you enjoy the thoughts these hand-picked contributors have to share. Here is this week’s story… Why am I sitting in a hotel in Midland? It seems a …

An internal challenge set by the Statoil front office this year tasked engineers with something that would have once been thought impossible: turn a profit on a major new Barents Sea field development, the Johan Castberg, at $40 oil. Is $40 is the new $70? Statoil’s internal hurdle was lowered earlier this …