Offshore Regions News - page 1369


OTC16: BuTech showcases HP relief valves

May 03, 2016

Californian high-pressure valves firm BuTech is showcasing a new line of high-pressure relief valves at this week's OTC in Houston. BuTech’s new relief valves feature a state-of-the-art repeatable release design that minimizes the need for frequent recalibration…

Funding awarded for Rockall exploration

May 03, 2016

The University of Aberdeen is to get a £250,000 grant from the Oil and Gas Authority (OGA) to investigate the potential for hydrocarbon exploration in the Rockall area of the North Atlantic. The funding is part of a package of measures…

Oil & Gas UK restructures

May 03, 2016

Oil & Gas UK has announced a new organisational structure, following a thorough business review. The revised business model is designed to make sure the leading trade association is in the best shape possible to promote and serve its…

Statoil increases Lundin stake to 20%

May 03, 2016

Lundin Petroleum has agreed to acquire Statoil's 15% stake in the Edvard Grieg field in return for increasing its shareholding in Lundin. The deal, which inccreases Statoil's stake in Lundin from 11.93% to 20.1%, also includes Lundin…

Anadarko hits off Ivory Coast

May 03, 2016

Houston-based Anadarko Petroleum has successfully drilled its first horizontal deepwater well offshore the Ivory Coast. The firm encountered 100ft net of true vertical thickness (TVT) pay on the Paon-5A well using Bolette Dolphin drillship…

Cyberhawk to establish Houston base

May 02, 2016

Cyberhawk Innovations, an aerial inspection and survey provider, is set to establish a Houston office. The new office comes as a result of increasing demand from existing oil and gas customers who recognize the significant cost and time…

Oil & Gas Technology Centre establishes board

May 02, 2016

The development of the new, world-class Oil & Gas Technology Centre (OGTC) in Aberdeen has moved forward with the appointment of the board and recruitment is now underway for a chief executive officer and other senior posts. The project…

Halliburton, Baker Hughes call off merger

May 02, 2016

Halliburton and Baker Hughes have terminated their proposed US$34.6 billion merger, both companies announced late Sunday, 1 May 2016. According to the terms of the merger proposal, Baker Hughes will receive $3.5 billion for the termination of the agreement…

Learning to be lean in the subsea sector

May 01, 2016

John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…

Are cyber security risks deterring digitalization?

May 01, 2016

With big data also comes big risks to security. DNV GL’s Nada Ahmed discusses how security standards can be raised within the oil and gas industry.   New IT infrastructures and technologies…

A new lease on life

May 01, 2016

Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo.  At a recent conference in Aberdeen…

How deep is your well?

May 01, 2016

This year, the deepwater drilling record could be broken not just once, but twice, breaking the last record, set back in 2013. Elaine Maslin takes a look. Total’s Raya-1 well is due to be drilled offshore Uruguay using Maersk Oil’s ultra…

French chemistry

May 01, 2016

Deepwater subsea tiebacks conjure up all manner of technical innovation requirements, and/or the need for complex subsea processing technologies. Yet, it’s not always so. Elaine Maslin explores the particulars of Total’s Laggan Tormore development…

Checking Mexico’s pulse

May 01, 2016

Much ado has been made over Mexico in the last three years as the country turned a new page and opened its industry to foreign investment. PECOM 2016 crowd. Images from OE Staff. Make no mistake…

The need for speed

May 01, 2016

There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT.  Is it a bird, is it a plane…

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