Latest News - page 2206


BHR opens downhole test facility

Dec 03, 2015

Fluid engineering firm BHR Group has launched a commercially available, open-access downhole test facility, based in Cranfield, UK. The onshore facility is the first of its kind in the UK, providing an easily-accessible, secure, flexible…

Australia clears Shell, BG merger

Dec 03, 2015

Shell's US$70 million BG Group merger deal has finally been approved by the Australia's Foreign Investment Review Board. The move had been delayed from mid-September to November by the Australian Australian Competition and Consumer Commission…

Marathon abandons Solomon in Gulf of Mexico

Dec 03, 2015

Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…

Providence to take North Celtic Sea stake

Dec 03, 2015

Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin.   Under the terms of the option…

EHL enters extension period

Dec 02, 2015

Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…

AVEVA releases Brownfield software

Dec 02, 2015

Image: AVEVA Everything 3D 2.1 /AVEVA AVEVA announced the commercial launch of AVEVA Everything3D 2.1 (AVEVA E3D). The software is designed to increase productivity for EPCs and owner operators…

Seanamic gets new manager

Dec 02, 2015

Image: David Henderson/ Seanamic Seanamic has appointed David Henderson as business development manager responsible for growing the company’s profile in the supply of integrated surface to seabed systems for offshore applications…

Hydratight seals deal with Subsea 7

Dec 02, 2015

Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…

North Energy sells PL 707 stake

Dec 02, 2015

North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…

Schlumberger set for Q4 job cuts, Cameron merger

Dec 02, 2015

Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…

Alba B3 platform leaves for African waters

Dec 02, 2015

Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…

Polarcus takes XArray offshore Auz

Dec 02, 2015

Polarcus recently completed its first commercial project offshore Australia utilizing the revolutionary XArray in a five source configuration known as Penta source. With XArray Penta source we are achieving unparalleled data density at 6…

Using asset integrity to enhance the bottom line

Dec 01, 2015

Gregory Hale discusses how operators can get more out of their current assets, and add more to the bottom line. All images from Honeywell. Systems on a platform floating in the…

Bumper crop

Dec 01, 2015

Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…

Getting smart about corrosion

Dec 01, 2015

Jerry Lee speaks with Olga Koper, business lead for Energy at Battelle, to find out more about the company’s corrosion resistant coating, which seeks to “heal” cracks in pipelines. Koper. Battling…

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