With less than two weeks to go before SPE Offshore Europe 2015, we spoke with DNV GL Oil & Gas CEO Elizabeth Tørstad, who will be visiting the show, about technology trends and requirements in the offshore oil and gas sector. DNV…
Repsol and RSI have signed a three-year, US$11.5 million agreement under which they will co-develop a state-of-the-art platform for the integrated interpretation and joint inversion of seismic and CSEM data within a rock physics modeling framework…
A major cross-industry initiative led by Wärtsilä, MAN Diesel & Turbo and Winterthur Gas & Diesel to develop basic technologies for use in two-stroke and four-stroke marine engines has been officially launched. The Hercules-2 project is aimed…
Statoil will make adjustments to the company’s structure and operating model to become a more “cost- efficient and fit-for-the-future” organization, it reports. The changes are part of the ongoing Statoil Technical Efficiency Program (STEP) and Organizational Efficiency (OE) programs…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
The Research & Development Corp. (RDC) is investing US$4.9 million in a multi-purpose survey, support and research and development vessel to be stationed in St John’s. The total cost to design, build and operate such a vessel over a 10…
Eni and Galp Energia’s subsidiary Petrogal finalized a farm in agreement for Eni to acquire operatorship and 70% stake in three permits off Portugal. Map of Galp Energia Portugal blocks. From Galp Energia…
The Russian National Committee for United Nations Environment Programme (UNEPCOM) endorsed Rosneft and the Russian Geographical Society's initiative to continue its Arctic research program. This program will help define the principles of economic activity regulations in the region…
Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…
DeepFlex has signed an agreement with Offshore Inland Marine & Services, Inc. (OIMO) to set up a new unbonded flexible pipe manufacturing and qualification testing facility in the Port of Pensacola, Florida. The industrial complex will have direct access to the existing deep water quayside…
Norway's Kvaerner has been given backing from Newfoundland's Research & Development Corporation (RDC) and Statoil Canada to carry out a research and development project for subsea separation and storage facilities. The project's…
An Arctic petroleum research center has been launched in Tromso, Norway, to increase knowledge about hydrocarbon exploration in the region. The Research Centre for Arctic Petroleum Exploration (ARCEx) is funded by the Norwegian…
This Friday, 31 Jan, in Rio de Janeiro, Fiat Automóveis and Petrobras signed a memorandum of understanding to collaborate on research and development projects for innovative technologies and processes in the areas of fuels and motors. Teams…
The Statoil-operated Peregrino field, one of Brazil’s most significant offshore producers, is a wealth of resources, including Norwegian- developed technology. Sarah Parker Musarra chatted with Statoil Brazil Country President Thore E. Kristiansen…
Halliburton opened its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran Techno-Valley. The new center enables Halliburton to provide research and development…