ABB Turbo Systems will acquire Swiss-based Tekomar Group, the company announced today. ABB said the by acquiring Tekomar, ABB will further develop Tekomar’s digital solution for engine analytics and advisory systems. 'Advancing ABB capabilities in performance modeling and analysis…
LQT Industries has been awarded the engineering and construction of a three story aluminum accommodations facility by a major oil and gas production company for a deepwater tension leg platform (TLP) in the Gulf of Mexico. The aluminum accommodations…
Oilfield services provider Halliburton announced today (25 October) the release of the Marine Sentry 3000, a rotating control device that provides a pressure control solution by creating a seal around the drill string and tool joints for…
Oilfield services firm Expro says it has performed the world’s first proven wireless transmission of reservoir pressure data to surface, from a recently abandoned subsea appraisal well, which incorporated a rock-to-rock cement plug. The…
Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East Unit fields are satellite fields, about 16km southeast of the Ula field in the Norwegian North Sea…
Houston Energy has been awarded the South Timbalier 235 (ST 235) lease in the US Gulf of Mexico Central Lease Sale 249, says partner Otto Energy. Houston Energy bid US$210,999 in relation to the ST 235 lease, which ajoins with and…
Norwegian investment firm Akastor and Japan's Mitsui have entered into a memorandum of understanding which could see the Japanese firm, together with potential partners, invest in oilfield services firm AKOFS Offshore. The move could…
Sparrows Group has won two crane contracts with Dubai Petroleum, one for maintenance services and the other for the delivery of rental cranes. The first contract, for five-year’s crane maintenance services, covers 76 cranes across all of Dubai Petroleum’s offshore fields…
Andrew Hodgson is stepping down as CEO of Tyneside-based subsea engineering firm Soil Machine Dynamics (SMD). He will be will be succeeded by his deputy Mike Jones from 23 October. Jones has worked for SMD for over 25 years. A director since 2004…
Statoil has branded its offshore New York wind site, Empire Wind. The 79,350 acre site is off the southern coast of Long Island, New York. The Norwegian operator said that the site has potential to generate up to 1GW of offshore wind power…
Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging exploration…
The US Department of the Interior (DOI) has released details about proposed Lease Sale 250, which would offer 76.9 million acres in federal waters offshore Texas, Louisiana, Mississippi, Alabama, and Florida. The sale, scheduled for March 2018…
Shell has submitted plans to develop the Fram gas and gas condensate field in the UK North Sea as a subsea tieback to the Shearwater platform. The project, in Blocks 29/3a, 29/4c, 29/8a, 29/9c in the Central North Sea, had been considered as a standalone development…
Heerema Marine Contractors (HMC) has said about 250 job losses will be made as a part of a restructuring caused by the downturn in the oil and gas industry. HMC, based in the Netherlands, says about 200 jobs will be lost onshore, with about 50 offshore fleet personnel jobs also being cut…
Oilfield services firm Expro has launched a new extreme high-pressure tubing conveyed perforating (TCP) gun system, delivering the largest perforation hole area available for frac and gravel pack completions. Designed specifically for challenging deepwater environments in the Gulf of Mexico…