In this video, Aibel shows the DolWin beta converter platform leaving Aibel's yard in Haugesund, Norway on its way to be installed in the DolWin wind cluster in the German North Sea. The platform concept is based on experience from the oil and gas sector…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Driven by the rapid expansion of shale oil and gas drilling, and production in North America, the world market for oil field specialty chemicals at the service company level reached US$25 billion in 2014, up from nearly $16 billion in 2010…
Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…
ABB Consulting launched a major study on behalf of Decom North Sea (DNS) and Zero Waste Scotland (ZWS) to look into ways of reducing the cost of decommissioning. Image from DNS. The…
Will subsea tech join fracking slowdown? There may be too much momentum. Bruce Nichols reports. Testing for Train 2 of the Asgard subsea compression system was completed in December at Aker Solutions’ dockside yard in Egersund…
JGC Corp awarded ABB a US$50 million contract to supply the electrical system for one of the world’s first commercial floating liquefied natural gas (FLNG) facilities, and the second to be owned by Malaysian oil and gas company Petronas, the PFLNG2…
A three phase asset management strategy could help counter costs, says ABB’s Will Leonard. In mid-December, the price of oil fell further after the International Energy Agency (IEA) forecast weaker demand in 2015. Brent crude fell to around US$60 a barrel…
Mumbai-based Essar Oil Ltd. announced the appointment of Manish Maheshwari as the new chief executive officer of the company’s exploration and production business. New CEO Manish Maheshwari. Photo from Essar…
Eni’s chemical company Versalis formed a partnership with Solazyme, Inc. to expand the commercial use of Encapso, a commercially-available, biodegradable encapsulated lubricant for drilling fluids. Versalis will expand market access and…
ABB’s Measurement Products’ laboratory in Germany received accreditation for independent testing and calibration of gas analyzers. The German Accreditation Service (DAkkS) awarded the accreditation. ABB’s laboratory in Frankfurt Praunheim…
ABB, the leading power and automation technology group, has won an order from Armada Kraken Pte, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating…
Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels. The first vessel, of ULSTEIN SX165 design (pictured), is being…
ABB has entered a joint industry program (JIP) with Statoil to develop solutions for transmission, distribution and power conversion systems designed to power and control subsea pumps and gas compressors at depths of 3000m and over vast distances…
Targeted maintenace could boost UK North Sewa production by 10%, equating to US$18 billion in annual revenue, suggests Alan D'Ambrogio, ABB Consulrung's vice president, oil and gas. Meg Chesshyre reports. In 2013, the industry invested £13…
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