Latest News - page 1630


New Offshore/Subsea Lever Hoist Launched

Nov 11, 2019

Offshore lifting hoists and chains specialist William Hackett has launched SSL5 offshore and subsea lever hoist, incorporating its patented quad pawl (QP) mechanism.“It’s a piece of engineering innovation that will transform safety levels globally…

Halliburton Introduces PixStar

Nov 11, 2019

Oilfield services company Halliburton has unveiled a new logging-while-drilling technology that provides real-time images of the borehole to help operators identify fractures, improve wellbore stability and optimize completion design.When drilling with oil or water-based fluids…

Bourbon Commits 100+ Vessels to Fleet Xpress

Nov 11, 2019

Marine services firm Bourbon has signed a contract committing more than 100 offshore support vessels (OSVs) to Inmarsat’s Fleet Xpress, the maritime broadband service that combines the speed of Ka-band with continuous back up from Inmarsat’s FleetBroadband operating on L-band…

Spirit Energy Up for Sale

Nov 11, 2019

Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea's biggest oil and gas producers, according to a document sent to prospective buyers seen by Reuters.Spirit Energy currently produces around 130…

Africa Oil States Aim to Lure Investors

Nov 11, 2019

Lower prices and increasing competition for investment are driving many African states to make it easier and cheaper for overseas companies to keep their oil and gas output flowing.From Ghana to Gabon, governments are adjusting terms to lure…

Partners Green Light Ærfugl Phase 2

Nov 11, 2019

The Ærfugl partners have decided to proceed with Phase 2 of the Ærfugl project in the Norwegian Sea, three years ahead of the original plan, operator Aker BP announced on Monday.The Norwegian energy company and its partners Equinor, Wintershall…

Weatherford Unveils ForeSite Flow

Nov 11, 2019

Oilfield services firm Weatherford has introduced ForeSite Flow, a flow-measurement solution driven by Production 4.0 intelligence.Unveiled this week at ADIPEC 2019, ForeSite Flow is a full-range, non-nuclear multiphase flowmeter paired with Weatherford ForeSite intelligence…

Maersk Drilling Wins One-well Job from MOL

Nov 11, 2019

Maersk Drilling said it has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by MOL Norge in partnership with Wintershall Dea and OMV Norge…

DOF Subsea Bags Trinidad, GOM Contracts

Nov 10, 2019

Norwegean subsea operating company DOF Subsea announced that it has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico (GOM).The offshore services firm did not disclose the names of its clients.Skandi Neptune has been…

Poland Preps Offshore Wind Bill

Nov 10, 2019

Polish Ministry of Energy has finished internal work on draft 'offshore wind act'. The draft is to be further proceeded now by Government on the legislative path through public consultations.Dedicated offshore wind act is one of the most awaited…

Orsted Breaks Ground for Taiwan OWP

Nov 10, 2019

Construction of Taiwan's Formosa 2, an offshore wind power (OWP) development project, officially broke ground in Miaoli County.Orsted Taiwan said in a statement that it held a ground-breaking ceremony for the onshore substation works for the 900MW Greater Changhua 1&2a offshore wind farm off Taiwan…

Puma West Drilling Begins

Nov 10, 2019

BP has started drilling the deepwater Puma West prospect in the Green Canyon block in the U.S. Gulf of Mexico.Project partner Talos Energy, which sold an operating inetrest in the project to supermajor BP, said the well is being drilled by the…

Leviathan on Track for December Startup

Nov 10, 2019

The mega Leviathan gas field offshore Israel is on track to begin production in December, ahead of schedule and below budget, operator Noble Energy said.The Leviathan project is 96% complete after production decks were installed on the jacket in the third quarter…

Sandvik to Supply OCTG for ADNOC

Nov 10, 2019

Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its…

Delek Completes Chevron North Sea Acquisition

Nov 10, 2019

Israel's Delek Group said on Sunday its Ithaca subsidiary, which it plans to spin off via a London listing, completed a deal to buy most of Chevron's British North Sea oil and gas fields for $2 billion.Delek said the deal, backdated to Jan. 1…

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