Steve Sasanow

If there is any figure of speech that is overused – not surprisingly! – it is the hyperbole. And so is the oft-used expression ‘the end of an era’, but it truly is as ExxonMobil, or Esso as it used to be called, has reportedly called time on its activities […]

A long time ago in a galaxy far, far away…the UK had offshore oversight authorities that could only remind you of Jaja Binks of Star Wars fame – fairly toothless and incapable of making any sensible judgments. A good deal of blubbering went on. Operators were allowed to abandon fields […]

The announcement this week that the entity created by the merger of drilling contractors Ensco and Rowan Drilling was to be named Valaris made me laugh. Yet another new company name that means absolutely nothing to its customers or to the marketplace in general. I recall going to Aberdeen in […]

After venturing recently somewhat off piste, I thought I would return to the heart of the matter – subsea engineering. It is quite interesting how quickly some technology innovations and ideas have gone from the realm of the Grimm Brothers, ie fairy tales, to mainstream thinking. To wit, Chariot Oil […]

One of the catchphrases of the modern computer-based, digitised world is ‘disruptive technology’ which for those unfamiliar with the term is an innovation that changes the way an industry or even the world in general does something or even the way it thinks. It is difficult to recall an oilfield […]

Few folks outside of the world of hacks know how we go about getting the news that everyone wants to read. Up until the year 2000, everything was copacetic – a lovely word that means absolutely nothing, but infers that all is well. Journalists like me had a Rollodex – […]

I mentioned in a blog or two back that I recently attended a Natural Resources Forum event in London on the future of the UK offshore sector. A most interesting – maybe astounding is the more correct adjective – statement made there was that the UK will be one of […]

OTC has come around again – it begins Monday – which always presents an opportunity for some navel-gazing about the state of the industry or whatever. I have to admit that I rather miss going to Houston – it has been five years now since my last visit – even […]

Here are a few names to conjour with: Ultramar Exploration, Thomson North Sea, Monument Resources, British Borneo Oil & Gas , Union Jack Oil, Westburne Oil, Pict Petroleum and Edinburgh Oil & Gas. These were some of the small, very small and minnow-like companies who were licence holders in earlier […]

I was at the Natural Resources Forum event in London recently which was a ‘talking heads’ on the future of the North Sea. One topic of focus was decommissioning and I was quite surprised to hear one of the speakers talking about ‘monetising’ the value of decommissioning. This seemed not […]

I have never been big on surveys – they are usually meant only to re-affirm what the client already knows or thinks they want to know. One I do rate, though, is a quite well known one done by McKinsey & Co at least 15 years ago about the uptake […]

Hello – I’m back – no, this is not an April Fool’s Day joke. I haven’t ever really been away, but when one’s former organ is now in someone else’s hand, it becomes a bit difficult to maintain the same profile. A long-time reader of the missives from my previous […]