Although Houston-based FMC Technologies fell 22% in its 3Q 2015 revenue, the company managed to book US$1 billion in subsea orders, and added US supermajor Chevron to its 20k JIP. FMC ROV. Image from FMC Twitter…
Matt Kirk has been appointed vice president of operations at Wood Group Kenny, joining the regional leadership team in the Americas. With 17 years’ experience in the oil and gas sector, Kirk joins Wood Group Kenny from Xodus Subsea where he was managing director…
UK-based Ophir Energy commenced its two-well drilling campaign in the Gulf of Thailand with the spudding of the G4/50-10 exploration well on the Soy Siam prospect. Image: Offshore Thailand / Ophir…
Operator Centrica Energy Norway and partners have decided that the Butch discovery in the Norwegian sector of the North Sea will be developed as a subsea tie-in to the Ula field. With the selected subsea tie-in concept the Butch well…
The European Marine Energy Centre (EMEC) based in Orkney, Scotland, has strengthened its ties with China having signed a Memorandum of Understanding with organizations based in Qingdao to support the development of a marine energy test site in the area…
Landmark, a Halliburton business line and provider of software for the upstream oil and gas industry, and French geoscience firm CGG, today announced a geosciences technology collaboration. The collaboration will allow shared customers…
Floating offshore wind has the potential to deliver cost effective, secure and safe low carbon energy for the UK from the mid 2020s according to the latest insights report published by the UK's Energy Technologies Institute (ETI). With…
An accident onboard the drillship Pacific Santa Ana has left one worker dead. The news was confirmed by the US Bureau of Safety and Environmental Enforcement (BSEE), operator Chevron, and the drillship's owner, Pacific Drilling. The Pacific…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
Flintstone Technology has launched its latest product, the pull through mooring connector system, which provides a method of connection and disconnection for mooring lines to midwater buoys or floating facilities. The pull through connector…
Helix Energy Solutions announced in its 3Q results that its net income fell nearly 87% from US$75.6 million in 3Q 2014 to only $9.9 million for 3Q 2015. However, the drop is all about perspective. The company reported a net loss of 2.6 million in 2Q 2015…
ABS entered into a memorandum of understanding with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with leading operators, drilling…
Following the fate of the global oil industry, the short-term outlook for the remotely operated vehicle (ROV) market is set to be sluggish – but long-term these machines will play a key role in deepwater development and the technology they use is set for a leap forward…
Rex International is withdrawing its 30% farm-in in WA-488-P exploration permit in the shallow water area of Western Austraila, in a new agreement with MEO Australia. Image from Rex International…
Low oil prices and demands for industry wide efficiencies are driving the need to make the most of offshore oil and gas assets. On 27 October, the Energy Institute (EI) will host a conference in Aberdeen to discuss Asset integrity, ageing…