Baker Hughes announced the introduction of its Hammerhead system—the industry’s first fully integrated wellhead-to-reservoir ultra deepwater completion and production system. Hammerhead. From Baker Hughes…
UK based centranlizer specialist Centek is launching its Inter Casing Centralizer Sub (ICCS) at this week's Offshore Technology Conference. The ICCS is designed to be run as part of a tight tolerance casing string in deepwater, ultra-narrow annulus applications…
UK-based international oilfield services company Expro has won a four-year, US$45 million contract offshore Canada with Statoil in the Flemish Pass Basin. The contract, which includes options for two one-year extensions, will include…
Challenges in offshore oil and gas exploration and technology advances must not be an excuse to cut costs on safety, Lloyd’s Register Energy is warning at this year’s Offshore Technology Conference (OTC) in Houston. Lloyd’s Register Energy…
Tata Steel says it has become the first company to manufacture a submerged arc welded longitudinal (SAWL) line pipe installed through reeling method in the North Sea. Manufactured at Tata Steel’s Hartlepool 42in. UOE mill, the pipe was…
The oil and gas industry must rely on technology, collaboration and several industries, including academia to excel in the advances of emerging offshore technology trends, BP Chief Operating Officer of Reservoir Development and IT&S James…
James Fisher Offshore, part of James Fisher and Sons, announces that it has reached an agreement with administrators KPMG to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The investment compliments…
ABT Oil & Gas (ABTOG) has signed a Collaboration Agreement Aberdeen based engineering firm Apollo Offshore Engineering on its marginal field delivery consortium. Apollo will join the Marginal Field Delivery Consortium providing expertise…
Celebrating its 40th Anniversary, Offshore Engineer (OE) and Hasbro Inc, an American multinational toy and game company, teamed up to create a custom MONOPOLY Game for the offshore industry. The OE 40th Anniversary Collector’s Edition MONOPOLY…
Netherlands-based, Huisman announced today that André Meijer is appointed as CEO effective 1 August 2015. This appointment follows the decision of Joop Roodenburg to step down as the company’s CEO this year and become the company's chief technology officer…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
Siem Offshore (SIOFF) agreed to sell Siem Daya 1 to Daya for US$120 million. In addition, SIOFF is entitled to a 60/40 profit share in SIOFFs favor based on the profit Daya makes on the vessel limited to an additional $10 million…
In the words of a wildly popular weekly US television series: “BP, you are in danger. Hess…you’re safe!” Due to current low oil price realizations, BP's consolidated cash flows in 1Q fell to about US$1.9 billion, a significant fall from a year ago…
At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…
UK supermajor BP awarded Cape a US$153.5 million two-year contract to supply services on six North Sea assets and the Forties Pipeline Systems. According to Cape, the company will provide a range of core services, including access, insulation…