SKF has been selected to deliver Nautilus bearings for Dongfang Electric New Energy Equipment (Hangzhou) Co Ltd.’s first order of wind turbines outside China. Dongfang Electric New Energy Equipment is a leading manufacturer of wind turbines to a broad range of customers in China…
Paradigm Flow Services has invested approximately US$7.2 million in a new headquarters and test center in Drumoak. The company has a 15-year lease on Paradigm House from MacDonald Properties (Aberdeen) Ltd., which will provide capacity…
A 2D seismic acquisition program has started in the Kara Sea, said Russia's Rosneft, a partner with ExxonMobil in the area. The program started 24 July using the research vessel Geolog Dmitry Nalivkin. The survey, covering 7000sq km…
Paradigm announced the release of the latest version of its Geolog formation evaluation and petrophysics analysis solution suite. The release includes a plug-in that enables direct data transfer from Geolog to Petrel seismic to simulation software…
Baker Hughes issued the June 2014 international rotary drilling rig count this week, showing a total of 1344 rigs operating outside the US & Canada in June. International activity was down 6 rigs from the 1350 rigs drilling in May 2014…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Paradigm announced that Mexico seismic services company, COMESA, has incorporated the full Paradigm software suite for seismic processing and imaging, interpretation and modeling and reservoir characterization, including: GeoDepth, SeisEarthand Geolog…
Offshore accommodation services provider OOS International BV secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras. The vessels are scheduled to be delivered early 2014. The…
Stephen M. Johnson will retire as McDermott International Inc.’s chairman of the board, president and chief executive officer— and as a director of McDermott this month. David Dickson will succeed Johnson as president and CEO. Dickson has…
TAM International marked its 45th anniversary and the opening of its recently-built manufacturing facility on October 18 with a tour of the facilities in Houston, Texas. The new site was open to employees in September. TAM specializes in inflatable packers…
Aker Solutions acquired Glasgow, Scotland-based International Design Engineering And Services Ltd. (I.D.E.A.S.), an engineering company that has developed software and technology to improve the quality and accuracy of integrity and life time analysis for oil and gas assets…
Devan International Ltd., a subsidiary of Keppel Corporation Ltd. (KCL), acquired a 20% shareholding interest in the enlarged share capital of KrisEnergy Ltd. KrisEnergy is currently an associated company of KCL. In connection with the acquisition…
CNR International signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CNR International will operate the block, located west of the company’s Espoir and Baobab fields, in 250-300m water depths…
DNO increases Tunisia acreage DNO International is increasing its acreage offshore Tunisia and plans to drill next year. Its subsidiary DNO Tunisia AS has entered a farm-in agreement with Atlas Petroleum National des Hydrocarbures et…
Peru launches offshore round Peru’s international bid round will offer offshore blocks Z-56 and Z-57 (Cuenca Salaverry-Trujillo); Z-53, Z-54, and Z-55 (Lima-Pisco Basins); and Z-58, Z-59, and Z-60 (Cuenca Mollendo). The blocks are within seven miles of the coast…