Technip is investing more than US$84.7 million and more than four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. This plan focuses on the installation of new-generation machines and site optimization to fit 12m diameter reels…
Teekay Petrojarl has gone live with Petrotechnics' Proscient operational performance and predictive risk platform on its Voyageur Spirit asset in the North Sea. The Voyageur Spirit Proscient go-live kicks off the global deployment of…
An in-depth look at NOV’s closed-loop drilling automation system, which could help develop North Sea and Arctic assets. Automation is a growing force in the offshore oil and gas industry. Its potential to increase safety, optimize operations…
Statoil awarded Schlumberger Norway a contract to provide integrated drilling services and exploration drilling on the Norwegian continental shelf (NCS). Licenses are for Gullfaks, Gullfaks Satellites, Snorre, Statfjord, Tordis/Vigdis…
Iain Conn joins Centrica as chief executive effective 1 January 2015. Conn will also join the Centrica board, succeeding Sam Laidlaw who will retire from the board on 31 December 2014. Conn will also become chairman of the executive…
In today’s oil and gas markets, there are many drilling situations in which an operator faces adversity. A growing difficulty to successfully and economically drill and produce wells has created a global demand for proper well optimization…
Petroleum Geo-Services (PGS) announces the TRITON GeoStreamer® Full Azimuth survey, a new solution to complex imaging problems in the deepwater Gulf of Mexico. PGS offer this survey as the next important advance in tailored acquisition design…
2H Offshore, an Acteon company, has been appointed by Tullow Oil as lead riser engineering consultancy for the delivery of the flexible riser system for its Tweneboa, Enyenra and Ntomme (TEN) field development, offshore Ghana. The TEN development is located in the deepwater Tano block…
GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…
Drillinginfo Inc. acquired Denver-based Transform Software & Services Inc. Details of the transaction were not disclosed, but the transaction will bring immediate growth synergies to Drillinginfo in terms of skills, experience and momentum to the combined companies…
Carrolton, Texas,-based Varel International l a u n c h e d i t s Katana-series steel body polycrystalline diamond compact (PDC) drill bits. Varel’s PDC Product Manager Cary Maurstad describes the line as a definitive enhancement for the company’s fixed cutter…
The Evolution series conducts IMR operations in deep water.Bourbon took delivery of the Bourbon Evolution 803. It is the 3rd vessel in the 1st large IMR series for the offshore industry. Resource exploration is going into increasingly…
OneSubsea the new 60:40 joint venture announced last month by Cameron and Schlumberger, will manufacture and develop products, systems and services for the subsea oil & gas industry and offer ‘a step change in reservoir recovery’ through integration…
Houston-based Optimization Petroleum Technologies (OPT) has named DeepDraft Energy as agent to sell and implement OPT’s PEOffice software suite throughout Africa, with an exclusive focus on Nigeria and Ghana.
Norway’s SPT Group is hailing the next-generation release of its reservoir flow model optimization solution, the newly launched MEPO4, as the industry’s first model for rigorous optimization under uncertainty.Removing uncertainty is not possible…
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