Latest News - page 2558


OTC14: DNV GL acquires Marine Cybernetics

May 07, 2014

DNV GL announced that it has acquired Norwegian firm Marine Cybernetics for an undisclosed amount during a press conference at the Offshore Technology Conference on 7 May.  Trondheim-based Marine Cybernetics is a third-party company offering…

OTC14: Milton Roy launches Primeroyal X pump

May 07, 2014

Milton Roy, manufacturer of controlled volume pumps, and a brand of Accudyne Industries, is launching the industry’s most powerful API 675 pump yet, Primeroyal X, during OTC this year. The addition of the Primeroyal X pump to the company’s…

OTC14: Statoil starts GOM campaign

May 07, 2014

Statoil has started its latest Gulf of Mexico exploration campaign with a well on Martin, a high-impact prospect, started on 20 April. The Martin prospect is in about 2916ft (890m) water depth in Mississippi Canyon 718, in the Greater Mars basin…

Petrobras inks Saipem contract

May 07, 2014

Brazil's Petrobras has awarded Saipem an EPCI contract for the Lula Norte, Lula Sul and Lula Extremo Sul Project, to be developed in the Santos Basin Pre-Salt region, about 300km off the coasts of the Rio de Janeiro and São Paulo States. The work scope includes engineering…

US crude to hit 1972 highs

May 07, 2014

The US Energy Information Administration (EIA) estimates US total crude oil production averaged 8.3MM bbl/d in April—making it the highest monthly average production since March 1988.  US total crude oil production, which averaged 7.4MM bbl/d in 2013…

Morocco well disappoints

May 07, 2014

The latest exploration well offshore Morocco has been plugged and abandoned after failing to find commercial hydrocarbons. The FA-1 well in the Foum Assaka offshore block was drilled by Kosmos Energy to a total depth of 3830m. The well…

Atwood inks Auz and Thai contracts

May 07, 2014

Houston-based drilling rig operator Atwood Oceanics has been awarded a drilling services contract by BHP Billiton Petroleum for the semisubmersible rig Atwood Falcon.    The contract is for 330 days and the work will be performed offshore Australia at a US$430…

Unique agrees Mid-East JV

May 07, 2014

Subsea and offshore solutions provider Unique Maritime Group has made a move into offshore containers by agreeing to form a joint venture with OEG Offshore (OEG), to offer the rental and sale of offshore equipment in the Middle East.      The new joint venture company…

OTC14: BSEE announces tech center

May 07, 2014

Bureau of Safety and Environmental Enforcement (BSEE) director Brian Salerno outlined plans to establish a Houston-based BSEE Technology Center during a panel discussion at the Offshore Technology Conference (OTC) in Houston. During the…

Wood Group/Siemens JV sealed

May 07, 2014

Wood Group and Siemens Energy Service have received all the necessary regulatory approvals to close the previously announced joint venture between the Gas Turbine Services (GTS) business of Wood Group and the Siemens Energy Service TurboCare business unit…

Eastern Canada seismic campaign boost

May 07, 2014

Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…

OTC14: Day one roundup

May 06, 2014

Monday morning's 'New Deepwater Construction Equipment Update' highlighted multiple vessels that can be used for operational assistance. Saipem discussed the merits of theCasterone DP pipelay vessel, which has a stinger that is designed against 1500Te pipe pull…

Hydrography as a career

May 06, 2014

Considering a career in hydrography? This video provides some information on what a career in the field may entail.

OTC14: McDermott to present at East Africa breakfast

May 06, 2014

McDermott International, Inc. announced today that Scott Munro, VP & general manager, North Sea and Africa, will speak at the Offshore Technology Conference (OTC) Industry Briefing on “Offshore and Subsea Solutions in Frontier Regions”, on 8 May…

RWE Dea, SOCAR to partner in Caspian

May 06, 2014

RWE Dea and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a joint study agreement to evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea. The agreement was regarding the joint evaluation…

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