In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…
Express Energy Services has created a short film, Left Undone, as part of its contribution to safety in the energy industry. The movie aims to educate and inform oilfield workers on the hazards and safety procedures in the event of hydrogen sulfide (H2S) exposure while working on a well site…
The TUP (transfer under pressure) Diving System, designed and built in-house by N-Sea, has undergone a refit and been converted to allow it be used as a mobile system, deployable from most DPII support vessels and platforms. The system will be online August 2013…
The Obama administration selected Coast Guard veteran Brian Salerno as director of the US Bureau of Safety and Environmental Enforcement (BSEE). Salerno previously served as a former Vice Admiral in the US Coast Guard. He will take over the position from James Watson…
Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
AW-Lake Company launched its SABRE Turbine flowmeter for the subsea market. To keep the electronics dry and in a pressure-regulated environment, the meter was designed with integral, sealed electronics, allowing more valuable real estate in the subsea electronics module canister…
Autonomous Surface Vehicles (ASV) won the second phase of the recent SBRI competition to develop a long endurance marine unmanned surface vehicle (LEMUSV). ASV will undertake the detailed production design, build, commissioning and sea trials of a fully operational…
SPEX Group, an Aberdeen-based provider of technology solutions and services to the oil and gas industry, won an excellence award for its success in the Technology Innovation category and was jointly named rising star at the Scottish regional judging of the PwC / HSBC Private Business Awards 2013…
VIKING Life-Saving Equipment introduced a new dual-approved thermal lifejacket with broad appeal for the offshore and commercial shipping industries operating in harsh, cold environments. The PV9720 has been tested and approved according…
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…
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…
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)…
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…
Trans Adriatic Pipeline AG (TAP) announced today that BP Plc, Azeri SOCAR, France's Total SA, and Belgian Fluxys—members of the international consortium developing the giant Shah Deniz field in Azerbaijan—have exercised their option to join the Trans Adriatic Pipeline AG (TAP)…
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