This event aired on January 29, 2013 Click to AccessIncreased automation offshore means oil & gas companies have far more systems that are vulnerable to computer viruses. Gregory Hale and Eric Byres discuss and answer questions on…
Subsea services specialist ROVOP has announced £4million of investment in two new ROVs (remotely operated vehicles). ROVOP, which also strengthened its management and onshore support team earlier this year, has invested in a 3,000m rated…
McDermott International Inc. announced that Tony Duncan will join the company as Vice President and General Manager, Subsea on 1 April 2013.Tony Duncan (Image: McDermott)“In this role, Tony is responsible for driving and growing our global Subsea business…
Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…
Norway-based oilfield services firm Aker Solutions has bought Managed Pressure Operations International (MPO).MPO, registered in Cyprus with operations in Singapore, Dubai, Jakarta and Houston, has developed a next generation of continuous circulation…
US President Barack Obama announced on Monday that he will nominate Ernest Moniz and Gina McCarthy to fill vacancies at the Department of Energy and the Environmental Protection Agency, respectively. Obama nominated Ernest Moniz to US Department…
Bremerhaven, 15 February 2013. Current measurements of the ESA ice thickness satellite CryoSat-2 have shown that the total mass of the Arctic sea ice was 36% smaller last autumn than during the same period in the years 2003 to 2008. Five years ago…
North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…
Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Technip picks up new 5-year PSVM Angola dealNew contract follows completion of Technip's previous 5-year pact for engineering services on the Greater Plutonio FPSO. (Image: BP)BP Angola awarded Technip a 5-year contract for engineering…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…
Eric Byres leads cyber security webinar Image: iStockphotoIn an OE exclusive webinar, readers were able to ask questions and listen to a live presentation with security expert Eric Byres, a SCADA specialist at Tofino Security. The forum…