Kongsberg Maritime’s Hugin autonomous underwater vehicle (AUV) will provide offshore operation services to several survey providers including DOF Subsea of Norway, Fugro Geoservices of Lafayette US, Northwest Maritime of Norway and AXA Engehnaria Submarina of Brazil…
New York-based NEAH Global Energy Solutions (GES) USA Inc. announced its intention to acquire English maritime security specialist Graspan Frankton Maritime Ltd. Graspan Frankton is based in Newcastle upon Tyne and offers maritime security courses and services…
Singapore’s Swissco completed the acquisition of four additional mobile offshore drilling units, bringing their rig fleet to eight. Swissco’s previous four rigs have contracts for an oil major in Latin America worth approximately US$94…
Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…
ABB’s Measurement Products’ laboratory in Germany received accreditation for independent testing and calibration of gas analyzers. The German Accreditation Service (DAkkS) awarded the accreditation. ABB’s laboratory in Frankfurt Praunheim…
BP Egypt today (1 October) announced the start of drilling the Atoll-1 well offshore Egypt. The deepwater exploration well is the second exploration well in the North Demietta Offshore concession after the Salamat-1 significant discovery announced by BP in 2013…
The fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition is set to focus on sustaining production levels by challenging the limits with technology. This year’s conference…
Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
UK-based engineering and project management firm Atkins has acquired Houston-based Houston Offshore Engineering (HOE) for US$73 million (approximately £45 million). HOE has specialist experience in the design of offshore deepwater floating…
According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…
In July, total US exports of crude oil and petroleum liquids reached 138,838 thousand bbl, a 57-year high, according to monthly export data released by the US Energy Information Administration. The bulk of this, 89,241 thousand bbl (64…
The test frame for Allseas’ mega-vessel Pieter Schelte arrived at BOW Terminal in Vlissingen. The En Avant 20 tugging the test frame. From Muller. Volker Staal en Funderingen (VSF) awarded…
Mexico’s Petróleos Mexicanos (Pemex) has signed agreements with Malaysia’s Petroliam Nasional Berhad (Petronas) and with Argentina’s YPF, to take advantage of new opportunities opening through Mexican energy reform. Heads of the three national oil companies met last week in Cancún…
The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…
Enagás has joined the Trans Adriatic Pipeline (TAP) project as a new shareholder with a 16% stake in the company known as Trans Adriatic Pipeline AG. The company also announced that existing shareholder Fluxys increased its stake in TAP from 16% to 19%…
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