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…
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 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 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 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 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…
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…
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…
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’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…
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…
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…
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…
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…
By Karen Parrish, American Forces Press Service The US Defense Department’s new Arctic strategy is an 8-point approach to maintaining peace and security in a new frontier that climatic forces are poised to open in the coming years…