U.S. based tech conglomerate Teledyne has long supplied fuel cell technologies for NASA and other customers for space and terrestrial applications. Now its Teledyne Energy Systems, Inc. (TESI) arm is looking to take the technology to new depths…
While the term ‘innovation’ may have some running for the hills, a group of nondestructive testing (NDT) and asset management experts who will be speaking and exhibiting at the 2019 Australasian Oil & Gas Conference & Exhibition (AOG) are reaping…
UK-based subsea technology company C-Kore Systems has announced a new subsea testing tool, the C-Kore Sensor Monitor, which can be used in decommissioning, fault-finding and construction campaigns to provide feedback from subsea sensors, such as wellhead pressures and temperatures…
Germany's largest crude oil and natural gas producer Wintershall Holding has appointed Helge Beuthan as new general manager of its Middle East division in Abu Dhabi.Beuthan, the current vice president for global subsurface evaluation, would…
Australian company Talon Petroleum has agreed to buy 100% of EnCounter Oil in line with its target to scale-up its UK North Sea portfolio.The acquisition, which is for an undisclosed amount and subjected to shareholder approval, is more than doubling the size of Talo's North Sea portfolio…
A quick and easy solution can speed the certification of fiber optic cabling installed in explosive atmospheres including caustic marine environments.As automation continues to expand into diverse industrial sectors, the demand for multi-channel fiber optic cable is following suit…
Exxon Mobil Corp on Thursday outlined a major reorganization of its global exploration businesses aimed at reversing years of weak oil and gas output.Chief Executive Darren Woods, who took over the helm two years ago, has spent billions to buy production…
A newly introduced preservation fluid is designed to provide long-term protection for subsea equipment components and interface profiles.The environmentally friendly Defender Stasis LT from Universal Subsea Inc. (USI) is a lightweight, nontoxic…
Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras) said on Thursday that its board had approved the nominations of Eduardo Bacellar Leal Ferreira to be its chairman and João Cox as a board member.It also signed off on the nominations…
Once upon a time, visual inspection of subsea infrastructure meant divers taking still cameras down to the seafloor, hoping that the camera casing wouldn’t flood, or that the film wouldn’t be over exposed or destroyed during development. Even…
Tanzania could be preparing for yet another licensing round of its offshore oil and gas blocks in the second quarter of 2019, more than four years after the last auction did not yield the anticipated results on the back of the country's complex regulatory regime…
ConocoPhillips beat quarterly profit estimates on Thursday as the world's largest independent oil producer sold more oil at higher prices, sending its shares up 2 percent before the opening bell.Total production, excluding Libya, rose 94,000 barrels of oil equivalent per day (boe/d) to 1…
Floating production storage and offloading vessels (FPSO) are by far the most popular type of floating production system, accounting for two thirds of the oil and gas production floaters in service or available.Growth in FPSO inventoryThe number…
Offshore installation contractor Jan De Nul Group has selected the Tekmar cable protection system (CPS) TekLink Mechanical Latch for the Northwester 2 offshore wind farm 50 km off the coast of Ostend, Belgium in the North Sea.Tekmar said it…
Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted by surging demand for its services.Unlike rivals Schlumberger NV and Halliburton Co, Baker Hughes has less exposure to the North American pressure pumping sector…