gas industry

Oil & Gas

Oil&gas suppliers causing concern

RECORD activity levels, scarcity in personnel and resources, coupled with rising costs, have taken their toll on customer satisfaction levels, with some oilfield suppliers taking a hammering while others excel, according to Douglas-Westwood analysts.

Oil & Gas

$100million Pazflor win for BW Offshore

A CONSORTIUM comprising BW Offshore units Advanced Production & Loading (APL) and SBM Offshore have secured a contract with Total for the engineering, procurement, supply, construction and installation (EPSCI) of the oil loading system on the Pazflor project offshore Angola in deepwater block 17. The contract is worth about $100million and the project is due for delivery early-2011.

Oil & Gas

Offshore cardiac diagnosis saves lives


TELEMEDICAL electro-cardiongram (ECG) monitoring from Broomwell Healthwatch has cut the cost of healthcare for the North Sea oil and gas industry, improved patient care and helped save lives, by providing offshore cardiac diagnosis for the industry's oil and gas rig workers.

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.