Lloyd’s Register published a comprehensive rule set to guide the design, construction and operation of FLNG facilities to provide safer, cheaper and more environmentally friendly approaches to retrieving natural gas. “Natural gas is a…
Real-time analytics hikes collaboration and boosts profits, writes Carol Huff. Just spin it the right way, and digital technology working with standardized infrastructure, sprinkled with new age seismic sensors, analytics and algorithms produces Big Data…
Precision Polymer Engineering (PPE), opened its new Houston facility on May 30th. The facility is located on the Sam Houston Tollway, northwest of downtown. Brett Finley, VP of Fluid & Metering Technologies and PPE’s Managing Director Paul Gillyon…
Oil companies consistently underestimating the hacking risks they face. Richard Sale explains how underestimating the threat can be fatal to a company’s future. Globally-interconnected digital information and communications infrastructure…
Optimizing operational efficiencies by making critical asset information instantly searchable whenever and wherever from multiple devices, and secure. One of the many challenges faced by the offshore industry globally is effectively managing…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
Forum Energy Technologies, Inc. and Quantum Energy Partners have entered into a definitive agreement to jointly acquire Dayton, Texas based Global Tubing from ARC Financial Corp., a Calgary-based private equity firm, and a group of investors…
GDF Suez E&P UK Ltd. (GDF) has awarded a £1.4 million (US$ 2.17 million) joint study to Xodus Group and Atkins for Concept Select work in the Austen (formerly Jacqui) field in the Central North Sea, with an option to proceed into the Concept Definition phase…
Christophe Barnini has been appointed as Senior Vice President, group communications for CGG. Barnini will report to Jean-Georges Malcor, CEO of CGG, and has become a permanent member of CGG’s management committee. This appointment took effect on 15th May 2013…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement…
Off the coast of Summerland, California, they didn’t drill the first-ever offshore oil well. They hammered it. “Engineers” used a pile driver to pound a pipe 455ft into the seabed in about 30ft of water. Yield was moderate; the site shut down after several years…
FMC Technologies, Inc. received an order from Shell for subsea equipment for its portfolio of projects in the Gulf of Mexico. The scope includes the supply of 12 enhanced vertical deepwater trees and controls. 'FMC Technologies has been…
Bruce A. McCullough was selected to succeed Thomas K. Sneed (pictured) as VP and CIO of Marathon Oil, beginning June 17, 2013. McCullough joins Marathon Oil from Anadarko Petroleum Corp. where he is currently the director of Global Business Systems…
Chevron Corporation announced Jeff Shellebarger as the new president of Chevron North America Exploration and Production Company, beginning August 1, 2013. Shellebarger will succeed Gary Luquette, who will retire after working with the company for 35 years…
Statoil announced it will delay an investment decision on its Johan Castberg project in the Norwegian Barents Sea due to unease regarding recent move by the Norwegian government to increase taxes on oil and gas producers. In addition to the tax rise…