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Over the next 5 years Douglas-Westwood (DW) expect USD 122 billion to be spent on global subsea vessel operations—an increase of 64% compared with the previous 5-year period.

Strong demand for natural gas is driving a recovery in liquefied natural gas (LNG) expenditures worldwide, with expenditures expected to reach USD 228 billion in the next five years.

A few weeks ago, I noticed that someone had viewed my LinkedIn profile. We all have had this happen, and often it will be recruiters or business development professionals looking for contacts, or people who wish to remain anonymous for some reason.

“Change” was the theme of Offshore Northern Seas (ONS) 2014 in Stavanger, Norway, in August. While commemorating the conference’s 40th anniversary, speakers called for changes in “business as usual.”

As the cost to source, transport, store, treat, and dispose of water remains relatively high, water management programs will become a greater priority in the coming year.

The amount of data within industry continues to grow. Information management is a significant challenge, but it provides an opportunity for improved project performance.

Panelists at CERAWeek discussed the numerous steps their companies are taking to achieve large-scale permanent, in addition to cyclical, capex reductions on major projects.

In maturing oil wells, oil production is often restricted as reservoir pressure depletes. Two case studies highlight the application of two-screw multiphase pump systems in to extend well life.

As operators look to reduce the time and cost for projects, adopting a modular approach to facility design. While this approach may provide some benefits, it may not be the most efficient path.

Many of the platforms in the North Sea are late in life, operating long past their initial design expectations due to costly life-extension work. Decommissioning has moved slowly, but the low price environment is likely to accelerate the trend.