Lloyd’s Register has been tapped for its well management expertise by Ecopetrol Costa Afuera (Ecopetrol Offshore) for offshore exploration drilling operations in Colombia. Ecopetrol Costa Afuera, part of Colombia's state-owned oil company…
In just seven months since launching, The Oil & Gas Technology Centre (OGTC) has inked £12 million in investment in 21 projects, gained 40 members and is now set to open its Innovation hub, aimed at new breakthrough solutions, the centre revealed during SPE Offshore Europe on Tuesday…
A steering group of offshore companies working together to explore opportunities to maximize remaining gas reserves in the Southern North Sea (SNS) has been appointed. A mix of operators, duty holders, service businesses and supply chain…
Engineering, technical and business services organization Lloyds Register has acquired RTAMO, a software-enabled consultancy based in Aberdeen which provides data-driven solutions designed to reduce maintenance costs for asset owners. Murray Douglas…
WFS Technologies and TSC have launched Seatooth ACFM (alternating current field measurement), a wireless smart non-destructive testing monitoring solution designed to reduce subsea inspection costs. TSC‘s ACFM array probe is a well-established…
Petrobras has relaunched the bid process for its Libra Pilot floating production and storage offloading vessel (FPSO), following the cancelation of the previous bid process due to “an abnormally high price.” Image of Libra field operations…
Irish explorer Providence Resources has appointed a well management services contractor for its deepwater Druid well in the Porcupine Basin. The firm also expects to save 30% on drilling costs, thanks to a drop in rates in the last estimate…
The US Bureau of Safety and Environmental Enforcement (BSEE) has issued recommendations for safety measures developed from the investigations into two offshore incidents involving the use of hydraulic casing jacks, where one incident resulted in a fatality…
The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…
Following more than two years of cooperation, Lloyd's Register has awarded its first Technology Qualification certificate to a developer of ocean energy technology, AW-Energy in Finland. The Technology Qualification certificate was presented in person by the chairman of Lloyd's Register…
In the Commonwealth waters, there was a 49% increase in the number of injuries to the offshore workforce compared to 2014, says the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), Australia’s Commonwealth statutory agency…
Additive manufacturing and unmanned robotics have topped a list of key new technologies for the oil and gas industry. The two were identified as part of a survey of exhibitors at Offshore Technology Conference (OTC) in Houston by risk consultancy services group Lloyd’s Register…
Dallas Parker, Gabriel Salinas and Diego Perez, of law firm Mayer Brown, assess the terms of Mexico’s phase four bid round to be held in 2016. The Mexican National Hydrocarbons Commission…
ABS and Lloyds Register’s (LR) joint venture company Common Structural Rules Software (CSR Software) released new software tools for meeting the requirements of the IACS Common Structural Rules (CSR), which were put into effect on 1 July 2015…
Parker Bestobell Marine has completed a contract to supply cryogenic globe and check valves made in Sheffield, for Hoegh LNG’s series of five floating storage regasification units (FSRUs) that are being built at Hyundai shipyard (HHI) in South Korea…