Scott Weeden drills down with NOV’s Hege Kverneland to find out why she is excited about using Big Data to predict component failures before they occur. Kverneland Just how exciting is Big Data…
Sand erosion can cost the industry tens of billions of dollars every year. NEL’s Marc Laing looks at what can be done to mitigate the issues. Changes to oil and gas production over past decades have brought about unprecedented challenges…
More than 100 companies and organizations form GCE Subsea: a cluster, representing a near complete cross-section of the subsea life of field supply chain. When coupled with the innovation ecosystem in the region of southwest Norway, it becomes even stronger…
Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area. Map of Gorgon…
US giant ExxonMobil announced it will start five major offshore projects in 2017-2018, in addition to a Q4 2016 earnings of US$3.7 billion, which took a $2 billion impairment charge from its upstream sector. Image from Exxon…
The NHV Group has been awarded a contract with Ithaca Energy UK (Ithaca) to provide helicopter services in support of their upcoming drilling project at the Harrier Well in Block 30/6. The operations are expected to start Q2 2017. Flights…
Statoil has awarded a subsidiary of Oceaneering International a technology development contract to provide the development, manufacturing, testing, and mobilization of a self-contained, battery-powered work class remotely operated vehicle (E-ROV) system deployed on the seabed of the North Sea…
DOF subsidiary Norskan Offshore has secured three contracts with Brazilian giant Petrobras. The first, is a one plus one year contract for the Skandi Botafogo, which is set to start 15 February. Skandi Botafogo is an anchor handling tug supply vessel…
Seadrill is aiming to raise US$1 billion in new capital for restructuring efforts that CEO Per Wulff says has been more complex than the company had anticipated. The West Tellus, from Seadrill…
NEL, the flow measurement research and development specialist, has been selected to lead the development of a new multiphase flow measurement standard for the oil and gas industry. Despite the growing use of multiphase meters to cope…
Italian giant Eni discovered pay at the first appraisal well of its Merakes discovery offshore Indonesia. Image from Eni. The company successfully drilled and tested the Merakes 2 well…
A contract for assembling pioneering suction bucket foundations for Vattenfall’s European Offshore Wind Deployment Centre (EOWDC) has helped safeguard around 35 jobs and create up to another 105 positions in Newcastle-upon-Tyne after being awarded to Smulders Projects…
Norwegian firms Aker Solutions and Aibel have won hook-up and commissioning contracts on Statoil's massive Johan Sverdrup field development offshore Norway. The contracts have a total value of slightly less than NOK 1.3 billion, excluding options…
Wood Group has been awarded a five-year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess’ newbuild fixed and floating offshore facilities in the North Malay Basin development…
Supermajor Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to US$3.8 billon. The packaged deal consists of Shell's interest in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Block, the Greater Armada cluster…