Impacting The Bottom Line News

 

Impact Monitoring: Cut Downtime and Cost

Mar 01, 2019

Anyone who works in business knows the importance of following processes to achieve successful outcomes. When it comes to the oil and gas industry, one misstep, change or delay can throw the entire process off, rendering resources useless and costing a company thousands…

Partners Designing Autonomous Seismic Nodes

Feb 12, 2019

Underwater sensor technology company Sonardyne International said it is partnering with Shell Brasil and Brazilian research institute Senai-Cimatec to develop autonomous technology to make the monitoring of Brazil’s deepwater pre-salt oil fields more efficient…

Schlumberger Names Olivier Le Peuch as COO

Feb 11, 2019

Schlumberger NV on Friday named Olivier Le Peuch as chief operating officer, setting him up as a possible successor to Paal Kibsgaard for the top role at the world's largest oilfield services company.Le Peuch has previously served as the president…

France's First Offshore Wind Project Launched

Feb 06, 2019

Offshore wind service provider LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project.LOC Renewables supplied marine warranty surveying services (MWS) across the project…

SeaBird Scoops Two Contract Extensions

Jan 24, 2019

Marine seismic surveyor SeaBird Exploration announced Thursday it has secured extensions for two existing contracts.The contract for the 2D/3D shallow water vessel Voyager Explorer, which is working on an ocean bottom node survey in the Far East…

Premier Oil Cuts More Debt than Forecast

Jan 10, 2019

Britain's Premier Oil cut debt to $2.3 billion at the end of 2018, below a previous forecast of $2.4 billion, it said in a trading update on Thursday.Premier's full-year production of 80,500 barrels of oil equivalent per day (boepd) came in…

ExxonMobil Shareholders Want GHG Reduction Goals

Dec 17, 2018

A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.The call, led by the New York State…

Magseis Inks MoU with Schlumberger

Nov 19, 2018

Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom…

Seismic From Below

Oct 08, 2018

Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…

CGG, Seabed Geosolutions ink Brazil OBN survey - industry's largest

Jul 19, 2017

Petrobras has awarded CGG a contract to process the seismic data from a 3D ocean bottom node (OBN) survey covering a full-fold area of 2180sq km in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry…

PJ Valves inks McDermott T&T contract

Jun 22, 2017

PJ Valves (PJV) and PJ Piping (PJP) have been awarded a contract by McDermott International to supply valves and piping elements for an offshore project in Trinidad and Tobago. Image from PJ Valves Twitter…

Geokinetics to acquire 3D seismic off Brunei

Mar 21, 2017

Brunei Shell Petroleum Co. (BSP) awarded Geokinetics a contract to acquire a high-resolution 3D seismic survey, offshore Brunei Darussalam. The acquisition is scheduled for Q2 2017 and involves the deployment of a hybrid recording solution…

Magseis, BGP ink Red Sea extension

Mar 17, 2017

Magseis and BGP have been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data block in the Red Sea. The project has an expected duration of six-seven months and is expected to start in April 2017…

Job cutting continues in UK

Nov 29, 2016

Two thirds of companies in north east Scotland have made job cuts in the past year, but optimism that the end could be in sight has risen, according to a survey.  The annual 25th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber…

SAE nets ocean bottom contract

Nov 09, 2016

Houston-headquartered SAExploration has won a ca.US$35 million contract to provide a 3D deepwater ocean-bottom marine project in West Africa. SAE expects to initiate this project in late 2016 and complete it in Q1 2017. The project will…

Current News

BP-Eni JV Azule Inks Deal for Namibia Offshore License

BP-Eni JV Azule Inks Deal for

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

NSTA Awards 31 More Licenses i

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

Höegh LNG Strikes Deal to Depl

BW Offshore Concludes Sale of FPSO Polvo

BW Offshore Concludes Sale of

Subscribe for OE Digital E‑News

Offshore Engineer Magazine