Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
Subsea UK is calling on the UK government to back plans for a national program that will support and fund subsea research, and a UK-wide skills program that will help the sector find the 10,000 people it needs to capitalize on current and future demand…
Nexans has fine tuned its specialized facility at Halden in Norway, after a cable failed to meet the final acceptance test a couple of years ago and had to be remade. Meg Chesshyre visited the plant, which has a full order book and a more than two-year backlog…
Reservoir compaction and seafloor subsidence continue to be a significant concern for the oil and gas industry. Subsidence near oil and gas reservoirs is usually caused by a high production rates from multiple wells over many years. Production…
ION Geophysical established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia- Pacific region. The new center is staffed with geoscience professionals…
Accelerated Production Systems Inc. acquired Texas Systems & Controls, Inc., strengthening Accelerated’s capabilities in the design and manufacturing of well testing, artificial lift, pumping, and process and filtration equipment for their energy-industry customers…
Emerson Process Management opened a new European education facility at the valve manufacturing center of excellence in Cernay, France, in May. A unique feature of the facility is its flow laboratory, which provides a training infrastructure for control valves and instrumentation…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
OMV New Zealand Ltd. awarded DOF Subsea Group a contract for subsea installation services to the Maari Field, Raroa FPSO offshore Taranaki, New Zealand. The project, worth approximately NOK 150 million, will be executed from DOF Subsea’s…
A consortium of Fistuca, Van Oord and TNO has performed a series of successful tests of BLUE Piling Technology (patented), an innovative technology to drive large piles offshore. At a shipyard of Van Oord in Zuilichem, The Netherlands…
Norway’s Minister of Petroleum and Energy has opened the Barents Sea southeast for exploration. Inviting oil companies to nominate the blocks they would like to have included in the country’s 23rd licensing round, minister of petroleum…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…