Oil & Gas

Oil & Gas

Offshore Falklands hotting up

I have been quietly watching the Falkland Islands scene for a fair length of time and wrote about the first exploration programme 10 years ago. It was a drilling campaign that various industry rune readers have criticised over the years. I'm one of them.

Oil & Gas

Fugro-Rovtech gathering momentum

02/03/2008

FUGRO-ROVTECH, created as a result of the growth in the subsea sector and the strength in inspection services, is gathering momentum in its second year of operations.

Oil & Gas

Check for fraud, warns IMCA

THE International Marine Contractors Association (IMCA) has issued a warning about false diving qualifications and the threat this poses to safety. It says there is a growing number of cases where divers have used, or attempted to use, falsified qualifications to gain employment or as a prerequisite for further training.

Oil & Gas

Saudi thoughts on oil prices

I GAVE up forecasting oil prices a few years ago. From the economic perspective, the equilibrium price - with demand and supply in balance - was then about $15 per barrel. It fell to about $10, which caused serious problems for many producers, not least in the North Sea, but has never been near that level since.

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