Oil & Gas

Oil & Gas

Falklands make for interesting times

OVER recent weeks, the optimism that had driven commodity prices and equities higher disappeared. The escalation of the Greek debt problems has certainly highlighted the still significant issues facing the global economy. In broad terms, we believe that if the market is undergoing volatile movements in a possible sideways direction, then the quoted oil&gas sector may still outperform.

Oil & Gas

Fugro programme gets the thumbs-up

THE Institute of Marine Engineering, Science & Technology (IMarEST) has granted accreditation to the graduate training programme set up by Fugro GEOS. This programme aims to provide graduates with a blend of learning - e-learning, classroom learning and workshop training - to ensure that they develop the competencies they require for their job and also to ensure that their wider professional needs are met.

Oil & Gas

Just tell mum and dad to get a smaller car

DO YOU get chauffeured to school in mum or dad's massive lump of four-wheel-drive urban assault vehicle? There's a fair possibility as Aberdeen is stuffed with such vehicles. Or is the mode of transportation more responsible - a small hatchback perhaps? It seems blindly obvious, but the best way to reduce emissions in the short term is a "drastic downscaling of both size and weight' of conventional petrol and diesel cars", according to an Oxford University study.

Oil & Gas

Turning paper and textiles into batteries

BY DIPPING ordinary paper or fabric in a special ink infused with nano-particles, a Stanford University engineer has found a way to cheaply and efficiently manufacture lightweight paper batteries and super-capacitors as well as stretchable, conductive textiles known as "eTextiles".

Oil & Gas

First well spudded on Alborz acreage

A NEW rig, Iran Alborz, has started work in the Caspian. It is Iranian-built and has now started work on a well in the Iranian sector. Hedayatollah Khademi, managing director of the rig's owner, North Drilling, has been reported as saying this is the first of three wells scheduled to be drilled this year.

Oil & Gas

Contracts roll in for Italy’s Saipem

01/03/2010

ITALIAN company Saipem has secured four new drilling contracts for its jack-up drilling rig, Perro Negro 3, and semi-submersibles. The Perro Negro 3 has been hired by Harrington Dubai for a six-month campaign in the Persian Gulf, with an option for an additional 18 months. Scarabeo 4 has received an extension to its contract with International Egyptian Oil Company (IEOC) that began in 2007 and which will now keep the rig working in the Egyptian part of the Mediterranean Sea until June 2013.

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