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OE Activity: 2017 / June

Tuesday, 20 June 2017 09:43

PTTEP extends CGG processing contract

Thailand’s PTT Exploration & Production Public Co. (PTTEP) has renewed its contract with Paris-based geophysical firm CGG for CGG to continue operating PTTEP’s dedicated processing…
Statoil’s technology research and development efforts will focus on developing technology to reduce carbon dioxide emissions (CO2) from oil and gas operations, as well as…
The second phase of a joint industry project aiming to reduce subsea processing costs has been kicked off. Phase 2 of the Subsea Processing JIP…
Monday, 19 June 2017 04:52

Aquaterra inks subsea P&A project

UK-based engineering firm Aquaterra Energy has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project…
Monday, 19 June 2017 04:48

Claxton secures P&A work

Engineering and services firm Claxton Engineering has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern…
General Electric’s (GE) investment arm GE Ventures on Tuesday announced the startup of Avitas Systems, which will use predictive data analytics, robotics, and artificial intelligence…
Tuesday, 13 June 2017 11:49

Bureau Veritas approves FOWT foundation

Floating offshore wind turbines - Image from DCNS Energies - GE Bureau Veritas has issued a preliminary design approval for a floating offshore wind turbine…
ABS unveiled its Global Ship Systems Center and announced the formation of its Hellenic Technical Committee in Athens. Image of the Global Ship Systems Center, from…
Compared to the automotive and aerospace industries, the oil and gas sector has been slow in its uptake of optimization through analysis in the early…
Renewable energy development, including technologies which extract energy from the ocean need to be funded and accelerated to meet carbon reduction targets. Engineers and scientists…
Sercel’s multi-sensor solid streamer, the Sentinel MS, has been commercially deployed for the first time and is being operated on a large 3D CGG multi-client survey…
Thursday, 08 June 2017 13:00

BP Ventures awards AI funding

BP’s corporate investing arm BP Ventures has awarded US$20 million in Series B funding to artificial intelligence (AI) and cognitive computing firm Beyond Limits to…
The Bureau of Ocean Energy Management (BOEM) is funding and participating in a federal research partnership that has launched an intensive three-year program to improve…
Wednesday, 07 June 2017 13:01

MAN to acquire 40% stake in AKA

MAN Diesel & Turbo has agreed to acquire a 40% participation in Candian company Aspin Kemp & Associates (AKA). AKA based in Montague, Prince Edward…
Monday, 05 June 2017 09:39

Stress Engineering, DeepMar team up

Stress Engineering Services (SES) has teamed up with DeepMar Consulting to expand its existing upstream service offerings. The integrated team will work alongside clients to increase…
Friday, 02 June 2017 10:32

Solstad inks Conoco deal, sells vessel

Solstad Offshore has been awarded a contract with ConocoPhillips, in addition to selling a vessel this week. ConocoPhillips Skandinavia AS has hired the Normand Leader…
Thursday, 01 June 2017 10:30

LQT bags single lift project

LQT Industries was awarded the refurbishment and outfitting of a single lift accommodations facility for an oil and gas company. LQT is providing project management, procurement,…