The capability to benchmark the reliability of safety-critical well barrier components against a global component test database will enable oil and gas operators to optimize asset performance, Ged Lunt says. Optimizing asset performance…
NOV has restructured into three business segments: NOV Rig Systems, NOV Wellbore Technologies, and NOV Completion & Production Solutions. NOV Rig Systems makes and supports drilling solutions, designing and manufacturing drilling equipment components…
DNV GL is launching three new joint industry projects (JIPs) to advance the offshore pipeline industry. The three JIPs include free spans in trenches, pipeline repair and design of pipeline components. DNL GL says that with the oil and gas industry’s push into new energy frontiers…
Siemens is showing its software and hardware products for more cost-effective production and more efficient operation of wind turbines at the WindEnergy Hamburg 2014 trade fair. Siemens can offer an integrated protection concept made…
Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…
The Crossover ball joint is a new and efficient dredge ball joint that provides optimal flow performance. Through computational fluid dynamics (CFD) the frictional losses and turbulence have been reduced to a minimum. Conventional dredge ball joints act like a ball valve when tilted…
CDI Energy Products recently announced the official release of its updated OptiSeal design guide for spring-energized sealing solutions at OTC in Houston, Texas. The 23 page, full-color design guide aids in the design and configuration of OptiSeal systems…
Missed out on the top stories this week? Here are our top three most-viewed stories from the past week: OAA winners shine - More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen…
North Sea independent EnQuest plans to spend about US$1 billion on new projects in 2014, including about $400 million on the Kraken FPSO development. A further $200 million will be spend on the Alma/Galia development, due on stream in H2 this year…
CB&I announced it has been awarded a contract by Bechtel valued at about US$625 million to provide structural, mechanical and piping construction work for all outside battery limits modules and associated units for the Chevron-operated Wheatstone Project at Ashburton North in Western Australia…
ITF, the Industry Technology Facilitator, has started a joint industry pptoject (JIP) with Tullow Oil to establish a comprehensive, global wells and completions reliability database and is urging more operators to join the project. The…
The Kongsberg Maritime Ltd. Camera group Systems & Projects Team has delivered the first set of cabled IP Digital Still Camera Stations (CAMDS) to the University of Washington. The delivery is for the regional cabled observatory component…
Ocean Power Technologies, Inc. has received a US$2.6 million contract from Mitsui Engineering & Shipbuilding Co., Ltd. The contract is to provide the final design and supply of key components of a PowerBuoy system intended for deployment…
Howco Group PLC, has invested over US$4.6 million in new equipment and machinery at three of its UK plants, with $2 million spent at its facility in Sheffield. The company’s two aerospace-standard heat treatment furnaces offer precise temperature control throughout the operating range…
GE Oil & Gas is launching its next-generation SeaONYX blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment…