UK-based integrated drilling and environmental solution provider TWMA offers thermal processing technologies designed to treat oil mud contaminated by drilling wastes at the source. The thermal treatment process uses a cylindrical mill to convert mechanical energy into thermal energy…
OE Magazine’s parent company, AtComedia, closed the acquisition of the annual oil and gas event, PECOM (Petroleum Exhibition and Conference of Mexico) from International Exhibitions, Inc., the company said on March 19, 2013. The conference…
BP supports XACT R&D effort BP Ventures is investing in advanced acoustic telemetry technology developed by XACT Downhole Telemetry Inc. for drilling and completing difficult offshore wells. The technology provides high-speed, real-time…
IFS, the global enterprise applications company, announces that Sevan Drilling ASA, an international ultra-deepwater (UDW) drilling contractor, has chosen IFS Applications for Offshore Service to streamline its onshore and offshore operations…
The newbuild semisubmersible La Muralla IV arrived in Mexico waters after a 16,200-mile journey.Fairmount Marine’s tug Fairmount Glacier delivered the semisubmersible La Muralla IV to the Bay of Campeche, Mexico. The rig was towed from Okpo…
Keppel wins new business Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million (US$161.54 million) from repeat customers…
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…
WorleyParsons agreed to acquire 100% of the shares of Bergen Group Rosenberg AS for a cash consideration of NOK 1 billion (including more than NOK 200 million of acquired cash). Norwegian-listed Rosenberg is a wholly-owned subsidiary of Bergen Group ASA…
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…
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…
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…
Subsea 7 to install flowlines and umbilicals Seven Borealis (Image: Subsea 7) ExxonMobil subsidiary Esso E&P Nigeria awarded a consortium of Subsea 7's Nigerian subsidiary and West African Ventures Ltd. an development contract for its deepwater Erha North Field off Nigeria…
By 2015 production to top 110,000 b/d of oil The central processing platform of the Mafumeira Sul project offshore Angola (Image: Chevron)Chevron subsidiary Cabinda Gulf Oil Co. Ltd. will proceed with the development of the Mafumeira Sul project located offshore Angola…
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…
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