A new tapered-stress joint is under development by UK-based pipe design and manufacturing firm Magma Global. The company is working alongside major oil companies Chevron, ExxonMobil, Shell, Statoil, and Petrobras, to develop the joint using Magma’s m-pipe technology…
Dow Corning presented its new XTI-1003 RTV Silicone Rubber Insulation at the 2013 Subsea Tieback Forum & Exhibition held last month in San Antonio, Texas. The technology is a solid, non-syntactic thermal insulation solution designed for HPHT deepwater equipment applications…
Smith Bits, a Schlumberger company, introduced the Stinger conical diamond technology last month. The bit features an ultrathick polycrystalline diamond layer that is thicker than conventional PDC cutters. The Stinger element enables high-point loading to fracture rock more efficiently…
Oilfield services provider Oceaneering International is to provide a Transocean subsidiary with subsea blowout preventer control systems for three existing semisubmersibles. The contracts cover three discrete hydraulic systems. Transocean…
BP began production from the PSVM development in block 31, off Angola. Three wells at the Plutao field are expected to increase production at PSVM to about 70,000b/d of oil. Output will increase to 150,000b/d once Saturno, Venus, and Marte fields come online later this year and next…
Chevron Corp. Chairman and CEO John S. Watson will receive the Distinguished Business Leadership Award from the Atlantic Council, on 1 May 2013, in Washington, D.C. “These awards are designed to spotlight the inspired leadership our complex world requires…
API Director of Standards David Miller announced today the publication of two new oil and natural gas industry standards for well design and drilling operations.“Every industry standard we develop shares the goal of safely and responsibly producing more of the energy America needs…
IHC PackhorseNetherlands-based IHC Merwede introduced a new series of IHC Packhorse offshore support vessels last month. The vessels range from the Packhorse, a PSV, and the Packhorse-Maxi, which provides a 59-person accommodation unit, and options designed for subsea support on IRM work…
CM Labs Simulations launched a new simulation and visualization software called Vortex, designed to reduce cost and risks during offshore operations. It’s suitable for in engineering, testing, planning, and training. Vortex software can be used to simulate dynamics of virtual cranes…
Production has begun from BP and Sonangol’s PSVM development in block 31, off Angola. The PSVM development, BP’s second operated development in the country, consists of four oil fields: Plutão, Saturno,Vénus, and Marte. Three wells at the Plutão…
Seanic flex joint cleaning toolHouston-based Seanic Ocean Systems will design a second flex joint cleaning tool. The first was designed to remove excessive marine growth where the ball and socket meet, allowing for better inspection of elastomer material…
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…
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…
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…
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