Houston-based National Oilwell Varco (NOV) is to pay $2.5 billion for Robbins & Myers – a supplier of well-drilling equipment parts, including valve controls and grinders – adding three more businesses to its NOV Mono division: Moyno Inc…
Shell has contracted FMC Technologies to supply subsea equipment for its 100%-operated Stones field development in the US Gulf of Mexico. The contract’s scope includes the supply of eight subsea trees, a subsea manifold, topside, and subsea controls and associated equipment…
Brazil-Açu Superport, largest port infrastructure in Latin America, bets on Petrobras’ participation. Peter Wertheim provides the details. According to a recent study by Booz & Company cited by Brazil’s National Petroleum, Gas and Biofuels Agency (ANP)…
Baker Hughes participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…
Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign. The contract…
Aker Solutions laid the foundation stone of a new plant in Paraná that will double the company's subsea production capacity in Brazil.The plant in the city of São José dos Pinhais in the Paraná state will be operational in 2015. It will replace…
A new Russian oceanographic research vessel was launched at the JSC Yantar Shipyard in Kaliningrad, on the Baltic Sea. New research vessel in JSC Yantar Shipyard R/V Yantar is designed for deepwater research. The 107.8m-long vessel…
Qatar Petroleum International (QPI) and Total hwill sign a framework of agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. This participation reinforces Qatar’s…
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from September 1 2013 to March 1 2014. Furthermore, EMGS has agreed to charter…
Wood Group announced the acquisition of Intetech Limited ('Intetech'), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people…
Reamco, Inc. was presented with the President’s “E” Award for Exports by U.S. Acting Secretary of Commerce Rebecca Blank at a ceremony on May 20, 2013, in Washington, D.C. The “E” Awards are the highest recognition any U.S. entity may receive…
Saipem announced that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business…
Kongsberg has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned new-build drill ships, with an option for Kongsberg to deliver products and services for six more drill ships…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
Colorado School of Mines and the Universitas Indonesia named top award recipients Schlumberger announced today its contribution of five scholarships to the American Association of Petroleum Geologists’ (AAPG) Outstanding Student Chapter Awards…