Latest News - page 2625


BSEE cites 12 for SEMS non-compliance

Nov 26, 2013

Brian Salerno, director of the Bureau of Safety and Environmental Enforcement (BSEE), cited 12 Gulf of Mexico (GOM) operators for failure to comply with the Safety and Environmental Management Systems (SEMS) requirements of the Workplace Safety Rule…

Fugro acquires Australia's Advanced Geomechanics

Nov 26, 2013

Fugro announced that it has wholly-acquired Advanced Geomechanics Pty Ltd. (AG) to become part of its global geoconsultancy practice. The nearly 20-year-old, Perth-based AG provides geotechnical and geophysical engineering and consulting services…

Voices: “What role should national governments have in funding research and development in the oil and gas industry?”

Nov 26, 2013

A helping hand. When it comes to new technology, OE asked: “What role should national governments have in funding research and development in the oil and gas industry?” Research and development is key to competition…

Schlumberger introduces multiphase flowmeter

Nov 26, 2013

Schlumberger released the Vx Spectra surface multiphase flowmeter. The new multiphase flowmeter enables operators to obtain flow rate measurements in production testing and permanent monitoring. “A precise production allocation requires…

Statoil EVP: Subsea factories are business critical

Nov 26, 2013

Statoil is targeting 2020 to deploy a subsea factory, or a fully-functioning process plant atop the sea floor, according to a technology briefing held by some of the Norwegian company’s top executives at its Houston headquarters in mid-November…

Cairn India plans buyback

Nov 26, 2013

Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…

PetroVietnam enters new partnerships

Nov 26, 2013

PetroVietnam has signed new agreements with India's ONGC Videsh, and Russia's Rosneft. PetroVietnam's new memorandum of understanding with ONGC Videsh extends one previously signed in 2011. The MOU covers the joint exploration of hydrocarbons in Vietnam and India…

Arctic seafloor releases considerable methane

Nov 26, 2013

The seafloor off the coast of Northern Siberia is releasing more than twice the amount of methane as previously estimated, according to new research results published in the Nov. 24 edition of the journal Nature Geoscience. The East Siberian…

Update: Delek reports ‘strong signs’ of gas in Tamar

Nov 26, 2013

Delek Group announced Tuesday that its partners in the southwest Tamar exploration well reported strong signs of natural gas were discovered based on logging tests conducted by operator Noble Energy Mediterranean Ltd.  As of Wednesday…

Ampelmann buys Offshore Solutions

Nov 26, 2013

Dutch walk-to-work technology company Ampelmann has acquired fellow Netherland’s based firm Offshore Solutions.  Delft-based Ampelmann provides systems to safely transfer people and cargo from ships to offshore oil rigs or wind turbines…

Denmark nears 7th round

Nov 26, 2013

Denmark’s Energy Agency (DEA) is due to launch its seventh licensing round for oil and gas exploration and production licenses in the Danish North Sea before the end of 2013, according to International Law Office.  Image: DONG Energy's Siri platform…

Offshore wind projects stall

Nov 26, 2013

More offshore wind projects could be scrapped in the UK, an official has warned, after it was announced that technical challenges had brought a halt to a 1200 MW project in the UK’s Bristol Channel.  RWE Innogy said its planned Atlantic…

Adyard awarded US$17 million contract for Zora

Nov 25, 2013

Dana Gas awarded Interserve plc’s Adyard Abu Dhabi a US$17 million contract to construct an offshore platform for the Zora offshore field development project. Zora is located in water depths of 24m and spans the territorial waters of Sharjah and Ajman…

Students present energy papers

Nov 25, 2013

The Aberdeen branch of the UK's Energy Institute will meet tomorrow night [Tuesday 26] to hear presentation on research carried out by energy students from the University of Aberdeen and Robert Gordon University. Six students, three from each university…

Fewer bidders for blocks offshore Myanmar

Nov 25, 2013

Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round, Reuters news service reported on Friday. The licensing round offers 30 offshore areas, including 11 shallow water blocks and 19 deepwater blocks…

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