Tata has marked an industry first, with its pipeline becoming the first to be laid at more than 3000ft water depth in the Mexican Gulf of Mexico. The ca.140km of 457mm (18in) outer diameter x 28.6mm WT API 5L PSL2 X65MO line pipe was…
Saipem has celebrated setting new milestones in the oil service industry with the installation of two gas export free standing hybrid risers (FSHR), 20in and 19in respectively, in the Pre-Salt area of Santos Basin about 300km from the Brazilian shoreline…
GE Oil & Gas is introducing a series of offshore solutions at this week's Offshore Technology Conference in Houston, aimed at increasing efficiencies and reducing costs. These include the SeaPrime I Subsea BOP Control System, which has…
Interventek Subsea Engineering is launching its new shear-and-seal Revolution Valve at OTC in Houston this week. Interventek claims that the patented Revolution Valve is the only valve on the market that does not compromise its ability…
Saipem and its consortium partners Bos Shelf and Star Gulf have been awarded call-off 007 under the Shah Deniz Stage 2 Master Agreement by BP, on behalf of the Shah Deniz partnership. The total value of the contract is approximately $1…
Keppel Offshore & Marine (Keppel O&M) has completed the acquisition of Cameron International Corporation's (Cameron) offshore product division, which comprises the LeTourneau jackup rig designs, rig kit business, as well as its aftersales and aftermarket services…
Baker Hughes says it expects to make some US$500 million annual savings by the end of 2016, as part of measures it is taking following the collapse of its proposed $34.6 billion merger with Halliburton. The initial phase of the cost reduction…
Oilfield services firm Proserv has won a multi-million dollar contract from Apache Corp for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells south of the Beryl Alpha platform…
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…
Dutch designer GustoMSC has launched its GustoMSC SmartCrane at this year's OTC in Houston. Gusto says the crane offers features to directly address the call for cost reduction from operators, while enabling increased efficiency and simultaneous operations (SIMOPS)…
UK-based procurement services firm Craig International has launched, at OTC, a new platform to help oil and gas companies offload surplus stock and buy other products and equipment they need at competitive prices. Craig Collaboration…
UK-based oilfield services firm Expro has completed an ultra-deep water plug and abandonment (P&A) project on in the Gulf of Mexico (GoM) for Apache. The work comprised the pre-abandonment and plugging of wells in the ultra-deep water Atwater Valley and Mississippi Canyon areas…
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 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…
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…