The Black Sea potentially holds vast oil and gas reserves. As the evolving energy industry encourages diversification, countries have turned to this untouched and untapped sea, with Shell planning to drill off Bulgaria, and Exxon’s deepwater prospects off Romania and Turkey. We discover the truth about what’s really out there, and the possibility of profitable developments.
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Also, we talk to The Subsea Systems Institute about developing technologies for sustainable deepwater projects, and hear the story of a saturation diver stranded under the North Sea with only minutes of air supply.
Plus, GlobalData gives us the latest on oil production growth in Brazil, we ask what lifting US oil export restrictions will do to the industry, and speak to Air Charter Service about the complexities of flying in offshore workforces.
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In this issue
Lifting the lid on US oil
As the conversation on whether or not to lift restrictions on US oil exports heats up, we ask what affect such a move will have on the offshore sector.
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By GlobalDataDrilling the depths
The Black Sea holds vast volumes of oil, much of it in deep water which is precisely where several companies have begun to look. We look into the abyss to find what’s really out there.
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Brazil: Challenges ahead
GlobalData discusses the outlook for production in Brazil over the next five years and analyses the impact of the recent Petrobras corruption scandal and continuing low oil prices.
Read the article here.
Lifeline lost
A near-fatal accident left a saturation diver stranded in the dark 90m under the North Sea with only minutes of air. We look at the ‘Lifeline’ documentary, which recounts lessons learned from the near-tragedy.
Read the article here.
Restoring faith in offshore
Houston’s Subsea Systems Institute develops technologies and techniques to carry out deepwater production projects safely and sustainably. We catch up with new director Bill Maddock to discuss the group’s upcoming priorities.
Read the article here.
Forging a flying workforce
Transporting seasonal workers is a painstaking task and Air Partner is a specialist in the field. We speak to the company about its new services specifically for the offshore industry.
Read the article here.
Next issue preview
Israel and a US-Israeli consortium plan to jointly develop the huge Leviathan gas field, as well as two other offshore wells. The controversial deal will allow US Noble Energy and Israeli Delek Group to retain ownership of Leviathan. We investigate the numerous concessions made in this deal, with the potential to transform Israel’s energy industry.
Also, we take a closer look at the hurdles overcome at Goliat oil field which led to its record-breaking ABB power connection, profile the birth of Uruguay’s offshore industry as its first oil well developed by Exxon Mobil and Total comes online, and examine Total and Amec Foster Wheeler’s joint billion-dollar savings plan for North Sea operations.
Plus, we speak to Aker Solutions on the difficulties of delivering top-class maintence services in the world’s most extreme environments, and hear the latest trends and events in the offshore oil and gas industry from GlobalData.
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