US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million. The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…
Norway's PG Marine Group is to provide six of its PG-MACS tanks for a newbuild dual-fuel platform supply vessel (PSV). The vessel, to be built at the Remontowa Shipyward, Romania, will be operated by Siem Offshore on long term charter to Norske Shell…
GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…
Intervention & Coiled Tubing Association (ICoTA) is requesting nominations for its European Chapter Innovation Award, recognizing the application of technical innovation in the area of well intervention. Entrants will be judged by the ICoTA European Chapter Committee…
Reservoir Group affiliate, Omega Well Monitoring Canada (OWMC), acquired Planet Services Inc. This acquisition furthers OWMC’s plans to transition from a sales-based company, to a provider of installation and servicing. Planet Services has…
AnTech Ltd. secured an investment from Saudi Aramco Energy Ventures (SAEV) and Londonbased Calculus Capital. The funding is being used to launch AnTech’s new DCTD service capability so that it can use its bespoke systems to deliver cost-effective…
The Imaging Systems Group Inc. (iSys), developer and manufacturer of direct thermal, inkjet and digital printers & plotters for the oil and gas industry, is opening a new office location in Houston. The new facility will be used for training purposes…
Halliburton opened its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as the company works with…
Autonomous Surface Vehicles (ASV) won the second phase of the recent SBRI competition to develop a long endurance marine unmanned surface vehicle (LEMUSV). ASV will undertake the detailed production design, build, commissioning and sea trials of a fully operational…
AW-Lake Company launched its SABRE Turbine flowmeter for the subsea market. To keep the electronics dry and in a pressure-regulated environment, the meter was designed with integral, sealed electronics, allowing more valuable real estate in the subsea electronics module canister…
SPEX Group, an Aberdeen-based provider of technology solutions and services to the oil and gas industry, won an excellence award for its success in the Technology Innovation category and was jointly named rising star at the Scottish regional judging of the PwC / HSBC Private Business Awards 2013…
TAM International Inc. established a new line of TAM FastSwell™ elastomers, adding to their extensive FREECAP® swellable packer product offering. TAM FastSwell™ provides a fast, controlled swell time at lower temperatures and high salinities…
VIKING Life-Saving Equipment introduced a new dual-approved thermal lifejacket with broad appeal for the offshore and commercial shipping industries operating in harsh, cold environments. The PV9720 has been tested and approved according…
OceanTools Ltd. completed a redesign of their MA500 Precision Altimeter. DSP electronics combined with frequency swept CHIRP technology are housed in a hard anodized aluminium housing rated to 3000m as standard. The MA500 uses a new composite…