Archive | Global and Regional Markets

Shale gas panel: Industry must engage, educate public to win trust

Posted on 11 April 2013 in Drilling It Safely, Global and Regional Markets, News

In the discussion of the environmental impact of shale gas development, the word “impact” has become more of a reference…

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Proposed 2014 budget for BSEE increased by $24.8 million over 2012 enacted levels

Posted on 10 April 2013 in Global and Regional Markets, News

US President Obama announced today that he has requested $222.1 million for the Bureau of Safety and Environmental…

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William Reilly weighs implications of energy efficiencies, shale development

Posted on 10 April 2013 in Global and Regional Markets, News

Recognizing the oil and gas industry for its collaborative work with scientists, the government, economists, environmental…

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Delays anticipated for BLM under US budget sequester; BOEM, BSEE also expect slower pace

Posted on 01 April 2013 in Global and Regional Markets, News

The US budget sequester, resulting in millions of dollars in cuts this year for key oil and gas regulatory…

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CEOs: Industry renaissance requires cooperation, technology to meet rising energy demand

Posted on 28 March 2013 in Global and Regional Markets, News

The oil and gas industry is entering a renaissance, but only if it can embrace a new paradigm of cooperation and technology…

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Petrobras announces US $236.7 billion business plan for 2013 – 2017

Posted on 20 March 2013 in Global and Regional Markets, News, Onshore Advances, The Offshore Frontier

Petrobras has announced a US $236.7 billion budget under a 2013-2017 Business & Management Plan (2013-17 BP)…

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Latin America: Growth expected across the board

Posted on 18 March 2013 in 2013, Features, Global and Regional Markets, March/April, The Offshore Frontier

Picture Latin America as a quilt. In unison, the pieces come together to form a vibrant and vast region, but separately, every patch tells a story all its own. “Each country has different needs and challenges regarding…

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Logging data linked in real time mitigate drilling complications

Posted on 18 March 2013 in 2013, Global and Regional Markets, March/April, The Offshore Frontier

he Brazilian petroleum industry has entered a new era of success exploiting shallow-water oil reserves in the Campos Basin, utilizing methods enhanced by advanced software…

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Macondo-related rulings complicate contractual indemnity questions

Posted on 07 March 2013 in Global and Regional Markets, IADC/SPE Drilling Conference

The Macondo incident has significantly impacted contracting considerations in the drilling industry and will continue to add complexity to contracts, Cary Moomjian, president of CAM OilServ Advisors, said at the 2013 SPE/IADC Conference & Exhibition in Amsterdam on 7 March. Court rulings in Macondo-related litigation have and will continue to impact operators, drillers, and service and supply companies, particularly in respect to pollution liability in…

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Report: Cost, lack of infrastructure present challenges to Arctic development

Posted on 21 February 2013 in Global and Regional Markets, News

The US, Norway and Russia are leading industry into the resource-rich Arctic, but economics, technical and infrastructure…

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