Peak Well Systems has made a further investment in its Aberdeen Technology Centre in support of ongoing research and development and commercialization of its newly launched SIMULTRA range. The range is a new generation of flow control…
Halliburton and Baker Hughes’ efforts to complete their US$34.6 billion mega merger hit a new snag with the Antitrust Division of the US Department of Justice (DOJ). Image from Baker Hughes. The…
The European Marine Energy Centre (EMEC) has signed Flemish wave energy developer Laminaria to test its innovative wave energy converter at EMEC's grid-connected wave test site at Billia Croo, off the west coast of Orkney, Scotland. Laminaria's technology…
Deepwater mooring specialist, First Subsea, has completed the installation of subsea mooring connectors for Anadarko Petroleum's Heidelberg truss spar platform moored in 5310ft (1620m) of water in field development in the Gulf of Mexico. The 23…
Rosneft has completed its 2015 geological exploration program at offshore licenses using 2D seismic survey methods that covered 20,434km in the Kara Sea, Chukchi Sea, and Laptev Sea. For the first time, 2D seismic exploration was carried out with support of an integrated information system…
W&T Offshore announced a 'significant discovery' at the Ewing Banks 954 A-8 exploratory well located in the deepwater Gulf of Mexico. The EW 954 A-8 well penetrated a total of 150ft of measured depth hydrocarbon pay contained in two sands…
Wood Group is continuing to expand its Automation and Control business, establishing automation capabilities at Wood Group Mustang’s Kuala Lumpur office to serve the Asia Pacific market. With this entry into the Asia Pacific markets,…
Saipem has been awarded new engineering and construction offshore contracts cumulatively valued at US$196 million (€180 million). The most significant initiatives are: Johan Sverdrup Export Pipelines Project Statoil, on behalf of the Johan Sverdrup partners…
Houston-based Schlumberger will issue five tranches of senior notes worth US$6 billion to help fund its pending $14.8 billion mega merger with Cameron International. Image from Schlumberger. Last week on 10 December…
Wellhead servicing specialist Well-Centric secured a US$12 million (£8 million) contract to provide offshore and onshore maintenance and repair services to Apache’s North Sea subsidiaries. The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services…
Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue, undergo workforce reductions, and an organizational restructure of its maintenance, modifications…
Technip has been awarded a lump sum contract by Deep Gulf Energy II for work on the ultra-deepwater Odd Job development. The Odd Job field is in the Mississippi Canyon, in the US Gulf of Mexico, in 1330-1825m water depth. The contract…
Ampelmann, the global leader in motion compensated access solutions, has been awarded its first contract in Brazil. Under the contract, Ampelmann will provide its E-Type system to Boskalis in support of an extended floating production…
Bibby Offshore's subsidiary Bibby Subsea has won a multi-million dollar decommissioning project in the US Gulf of Mexico, starting in 1H 2016. Bibby is mobilizing its dive support vessel Bibby Sapphire from the North Sea for the work…
Vaalco Energy’s North Tchibala 2-H well, the second development well drilled by Vaalco in the North Tchibala field, was brought online, offshore Gabon. The well was stabilized at rate of approximately 500 b/d, gross. The well was drilled to a measured depth of 16…
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