Intervention and completions firm Welltec is to set up factory in Esbjerg, Denmark, as an offshore supply base for its operations in the Danish, German and Dutch sectors of the North Sea and onshore central Europe. The new facility, which will initially employ 25-35 people…
FMC wins TEN order FMC Technologies Inc. received an order from Tullow Ghana Ltd. to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order's estimated value is US$340 million. FMC Technologies’ scope of supply includes subsea trees…
Transocean Ltd. announced it has been awarded a five-year contract for a newbuild dynamically positioned, ultra-deepwater drillship by Chevron U.S.A. Inc. Shipyard delivery is scheduled for the second quarter of 2016. After customer acceptance…
Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…
Standard coring methods often yield incomplete reservoir fluid information. Doug Kinsella, managing director of Corpro, describes a new coring system that provides better information while saving rig time. Deepwater finds are now playing a crucial role in replacing global reserves…
Beach Energy announced that drilling is expected to begin on the 01RX Cobalcescu South exploration well in Block EX-28 offshore Romania. According to the company, the well will be spudded during Beach Energy’s August reporting period…
Rig design engineering firm RDS has been awarded two contracts valued at US $42,000,000 for engineering and design services in the North Sea and a global master services agreement (MSA). The first contract is for detailed design and…
TAM International Inc. established a new line of TAM FastSwell™ elastomers, adding to their extensive FREECAP® swellable packer product offering. TAM FastSwell™ provides a fast, controlled swell time at lower temperatures and high salinities…
Precision Polymer Engineering (PPE) broadened its range of advanced sealing. The new products are a range of spring seals—elastomer seals which incorporate a spring and are suitable for applications encountering high pressures, high temperatures or aggressive media and environments…
Baker Hughes launched their MPRESS™ drilling fluid system, which allows operators to reduce stand pipe pressure and apply more horsepower to the bottomhole assembly and drill bit, increasing rates of penetration and decreasing non-productive time…
Smith Bits, a Schlumberger company, released the ONYX 360° rolling polycrystalline diamond compact (PDC) cutter. This technology enables a PDC cutter to rotate 360° while drilling, improving drillbit durability in abrasive formations and extending drillbit life and footage drilled per run…
ESAB’s new Warrior cutting tool is a heavy-duty, multi-process welding machine with wire feeder. It was developed for reliability, minimal downtime, and maximum productivity. The machine will perform MIG/MAG (metal inert gas/metal active gas)…
Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…
GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…