Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
Global demand for energy and the technical challenges facing the oil and gas exploration and production industry means business as usual is no longer an option, Shell's chief technology officer says. Gerald Schotman said the industry…
“The South China Sea is not the new Persian Gulf. It should just be thought of as an important part of the supply picture of this region,” Alexander Metelitsa, an economist at the US Energy Information Administration (EIA), told delegates at IP Week in London…
Schlumberger announced that it has acquired Rock Deformation Research (RDR), a UK-based company specialized in geological software development and structural geology consultancy for the oil and gas industry. By integrating with the Petrel*…
BP announced the appointment of Angela Strank to the position of BP chief scientist. She succeeds Ellen Williams, who has been nominated asdirector of the Advanced Research Projects Agency – Energy, in the US Department of Energy. As chief scientist…
Dolphin Geophysical started mobilization for two new multi-client 3D projects in the Barents Sea off Norway using the newly launched, high-capacity 3D seismic vessel, Sanco Sword. The Gohta North and Maud Basin South 3D surveys, covering about 6200sq km…
Trelleborg’s offshore operation has been awarded one of its largest single orders for drill riser buoyancy modules (DRBM) by Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Consisting of RiserGuard and riser buoyancy, the contract…
John White has seen many changes in the oil and gas industry over his 40 years in the business. Subsea infrastructure has become increasingly diverless and remotely operated vehicles (ROVs) have enabled work in deeper, harsher environments…
Schematic of the Arctic surface circulation including the Transpolar Driftal. The Siberian shelves are vast and shallow, seasonally ice-covered, and receive more than 80% of the Arctic freshwater input…
Ceona Amazon (3D model) in full field development configuration with rigid and flexible pipe. A newbuild vessel, the Ceona Amazon, is due to enter the pipeline installation and construction market late in 2014…
The Oil Tool Grinder has now been upgraded by Dean, Smith & Grace and re-launched as the OTG2. MTTG companies have been manufacturing the original oil tool grinder since its introduction in 2004, and the latest machines now range from…
Getting offshore risk management wrong can prove disastrous, but how easy is it to get it right? Insurance professional Robert Armstrong is hoping to demystify some of the issues in a talk organised by Aberdeen’s SPE Young Professionals on 2 April…
Repsol and Indra have jointly developed a water-based hydrocarbon leak early detection system, the companies announced on 26 March 2014. The system, called HEADS (Hydrocarbon Early Automatic Detection System) has successfully completed testing at the Repsol Industrial Complex in Tarragon…
North Sea independent EnQuest plans to spend about US$1 billion on new projects in 2014, including about $400 million on the Kraken FPSO development. A further $200 million will be spend on the Alma/Galia development, due on stream in H2 this year…
Seaway Heavy Lifting signed a contract with Rhenus Logistics which will give it its own offshore yard facilities, warehouse and quayside on the Maasvlakte in Rotterdam (pictured) for 10 years. The contract, with Rhenus Logistics, started 1 March 2014…