In his opening address, Subsea UK CEO Neil Gordon said that the global subsea market was set to double from £20 to 40 billion over the next fi ve years. The big challenge for Subsea UK and for the subsea UK industry was how to retain one-third of that market and grow its global share…
Total inaugurates its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power…
FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…
Heerema Fabrication Group’s Zwijndrecht yard in the Netherlands officially started the construction of the integrated production Montrose BLP (bridge linked platform) topsides for client Talisman Sinopec Energy UK Ltd., the company announced on 21 March 2013…
MECO to build a second prototype Prototype system for Office of Naval Research to produce 4,000 g/d. Louisiana-based MECO has been selected by The Office of Naval Research (ONR) to construct a new prototype advanced desalination system…
Dr Premkumar Thodi, Mike Paulin, Duane DeGeer, and Glenn Lanan, INTECSEA Canada, examine examine the potential of external distributed sensors using fiber-optic cable systems. Multiple offshore Arctic fields have been developed over the past three decades…
In 2000, ONGC announced its plan for Mumbai High redevelopment, to arrest decline and increase the production by improving the field’s oil recovery factor. The redevelopment project was in two phases; the first began in 2000 and finished in 2006…
The last few months have been busy ones for Varel International. The Texas-based drill bit manufacturer celebrated the opening of its Houston technology center and also launched two drill bit lines, the Raider and the Voyager series…
Anadarko Petroleum Corp. encountered approximately 1,000 net feet of oil pay at its Shenandoah-2 well in deepwater Gulf of Mexico, the company announced on March 19, 2013.Ensco 8500 semisubmersible series (Image: Ensco) Anadarko discovered the…
Aberdeen-based Dana Petroleum is partnering with RWE to start drilling operations on a prospect in the Southern North Sea. The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones…
OE Magazine’s parent company, AtComedia, closed the acquisition of the annual oil and gas event, PECOM (Petroleum Exhibition and Conference of Mexico) from International Exhibitions, Inc., the company said on March 19, 2013. The conference…
FMC Technologies, Inc. signed a manufacturing and subsea equipment supply contract with BP in support of the Mad Dog Phase 2 field development, the company announced on 19 March 2013. Mad Dog Platform (Image: BP)The contract's scope includes the supply subsea trees…
Mexico's President Enrique Pena Nieto denied rumors that the state-owned oil company Pemex (Petroleos Mexicanos) will be privatized. Pena Nieto appeared at the 75th anniversary of the expropriation of the oil industry from foreign interests…
Andrew Long of Petroleum GeoServices provides a rough guide to the science behind broadband seismic and why it is transforming the possibilities for acquiring high resolution images of the subsurface using towed streamer marine seismic acquisition technology…
Wood Group PSN (WGPSN) is delivering operations and maintenance services to Chevron's offshore production facilities under a new $17.5 million (USD) contract. La Guajira map (Image: Ecopetrol)Wood Group PSN will provide services to Chevron's two offshore platforms (Chuchupa A and B)…