Activity News

 

Slick Innovation

Jan 10, 2012

The European Chapter of the Intervention & Coiled Tubing Association (ICoTA) recently presented is Innovation Award to Schlumberger Slickline’s global perforating and remedial services domain champion, Matthew Billingham, in recognition…

Wärtsilä

Jan 10, 2012

Wärtsilä will acquire marine oil & gas engineering firm Hamworthy in a £383 million cash deal. The merger ‘will allow both organisations to broaden and enhance their capabilities in rapidly evolving offshore and marine applications as well as environmental solutions markets…

Wood Group Kianda

Jan 10, 2012

Wood Group has launched a new company in Luanda in joint venture with its Angolan business partner Amílcar Nascimento. Wood Group Kianda, through which sister companies Mustang, Kenny and PSN will provide their services, kicks off with a contract…

Tapping hot, and cold, spots

Dec 01, 2011

With 2011 drawing to a close, it's time for OE to look afresh at the world's emerging hot spots. One of those generating the most interest, if not the most dollars yet, is also the coldest: the Arctic. Jennifer Pallanich asks a cross-section…

Rig building writ large

Dec 01, 2011

Despite a brief interruption post-Macondo, the rig newbuilding boom that started in 2005 is gathering momentum. Jennifer Pallanich talks to IHS about the latest trends in the drilling contractor market.One of the trends that Tom Kellock, Houston's head of consulting for IHS Petrodata…

Deeper and hotter

Dec 01, 2011

Baker Hughes continues to invest heavily in R&D, having reorganized itself along ‘geo-market' lines over the last couple of years. During the recent SPE ATCE gathering in Denver, Russell McCulley caught up with the oilfield services giant's president of products & technology…

Eaton is out there

Dec 01, 2011

Born in Houston, raised in London, Gardiner Henderson is no stranger to travel. Which is just as well, since his latest job has him in almost perpetual motion criss-crossing the globe to build business and raise awareness of a company he sees…

Firms & Faces December 2011

Dec 01, 2011

Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…

Braced for the North Sea bow wave

Nov 01, 2011

A growing belief that the ‘bow wave' of the long-awaited North Sea decommissioning market has now reached the industry was evident at last month's sell-out Offshore Decommissioning Conference† in Dunblane, Scotland. Meg Chesshyre reports.A plea…

Firms & Faces November 2011

Nov 01, 2011

FirmsGreatship Subsea Solutions and Gregg Marine formed an alliance to offer subsea geotechnical site investigation services globally. The venture plans to offer a DP2 geotechnical drillship with a seafloor drill capable of coring and sampling in 3000m water depth…

More blades give a closer [cost] shave

Oct 01, 2011

Responding to Professor Michael J Economides' recent condemnation of alternative energy efficiencies and economics (OE August), serial oil industry inventor Benton Baugh turns his attention to the renewables sector with this firmly tongue-in-cheek (‘but true…

Tax squeeze too saucy for America

Oct 01, 2011

After a trillion-plus dollar stimulus package that seems to have fizzled, after forays towards ‘bipartisanship’ which often meant agree with him or nothing, and after seeing his approval ratings drop like a rock, US president Barack Obama unveiled…

Firms & Faces - October 2011

Oct 01, 2011

FirmsTechnip acquired Global Industries in a deal worth $1.07 billion and expected to close early 2012. Technip sees the merger increasing its market reach in the Gulf of Mexico, Asia- Pacific and Middle East regions. Global Industries currently has about 2300 employees and operates 14 vessels…

European gas: running on empty?

Oct 01, 2011

The big news coming out of Europe is that it is running out of money, but is Europe also running out of gas? Infield Systems' Peter Kiernan(left) and Dr Roger Knight discuss the future of Europe's gas supply in the light of the growing need to secure energy from Russia and the Middle East…

The blowout school beckons

Oct 01, 2011

Petroleum engineering has once again become a popular course of study, perhaps nowhere more than in Louisiana. Russell McCulley looks at what its flagship university is doing to prepare the next generation of oil & gas professionals.In some respects…

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