Shell Starts New Gulf of Mexico Field ahead of Plan
allow it to generate profit at less than $30 a barrel, the company said."We believe Kaikias is the most competitive subsea development in the Gulf of Mexico and a prime example of the deep-water opportunities we're able to advance with our technical expertise and capital discipline," said Andy Brown, Shell's Upstream Director.Following the collapse in oil prices in 2014, companies have sharply reduced costs for developing fields by slashing the cost of services, simplifying engineering plans and increasing the use of technology.Kaikias is located some 130 miles (210 kilometers) off the
Offshore Marriage of Interests Judged Successful
are the specialized vessels, drillships and rigs that conduct operations throughout the entire value chain offshore,” said Sturla Henriksen, Director General of the Norwegian Shipowners’ Association. “This is only the beginning of the offshore adventure,” he added. Andy Brown, Upstream International Director at Royal Dutch Shell, noted the need to work smartly together as the offshore industry pushes borders at new frontiers to meet the world’s insatiable appetite for energy. The global energy company also has a 120-year history in shipping. “The integration
Petrobas CEO to Deliver Keynote Address at Nor-Shipping 2013
– will be a keynote speaker for the New Frontiers roundtable at Nor-Shipping’s Agenda Offshore conference on June 5. Foster will be joined by top executives from two other world-leading oil and gas companies. Statoil CEO Helge Lund and Royal Dutch Shell Upstream International Director Andy Brown will speak at the event, the second time Nor-Shipping hosts a conference connecting the offshore industry and the maritime industry. This is a testament to the increasing interdependence of the offshore oil and gas industry and the maritime industry’s technology and equipment suppliers
February 2024
