Global owner and operator of floating production storage and offloading vessels (FPSO) BW Offshore, through its affiliate BW Energy, has announced a re-adjusted operational plan for its offshore Gabon operations after an outcome of drilling…
In the shale field that helped launch the U.S. natural gas boom a decade ago, Chesapeake Energy Corp this month set aside its last drilling rig. The problem for the once No. 2 U.S. gas producer was not a lack of gas, but too much of it.A long…
On September 29, a delivery ceremony for a new 3D geophysical seismic survey vessel was held at the port of Tokyo and attended by NYK chairman Tadaki Naito.The new vessel, Tansa, will be operated by Ocean Geo-Frontier Co. Ltd (OGF), a company jointly owned by NYK and others…
One of the world's largest crane vessels has set a new local heavy lift record of 11,100t for the Gulf of Mexico.The record lift, performed by the Saipem 7000 on October 7, took place during the installation of a gas compression module for the…
Partners in the Barossa project have taken another step toward a final investment decision (FID) with the awarding of the contract for the floating production, storage and offloading (FPSO) facility to MODEC International Inc., project partner Santos announced on Tuesday…
Gro Stakkestad, manager of subsea intervention and pipeline repair, Equinor, weighs in on her company’s thoughts on subsea resident vehicles.Why are subsea resident vehicles attractive now?The recent downturn in the oil price combined with ever…
Oil prices fell on Wednesday as worries over a possible delay in resolving the U.S.-China trade war which has hurt global oil demand competed with a drop in U.S. crude inventories which buoyed prices.Brent crude was up 4 cents, or 0.06%, at $61…
Baker Hughes Co reported a rise in quarterly adjusted profit on Wednesday, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors.The company's results contrasted with…
SamSam, Shamoon, Stuxnet and Triton are just some of the popular viruses that have been targeted at Industrial Control Systems (ICS). They have caused a lot of damage. Triton’s purpose was causing loss of life; now, that is serious. In the IT security environment…
Sean Halpin, Director, Product Management and Marketing, at relatively new entrant Houston Mechatronics, says that cost is driving a willingness to innovate. “Financial efficiency is a significant priority for the world’s oil companies in this…
ION Geophysical Corporation, the provider geophysical technology, services and solutions to the global oil and gas industry, announced a new 3D multi-client program in Argentina's Neuquén Basin.ION is nearly tripling the size of its Vaca Muerta program to 25…
Heavyweight oilfield service providers like Saipem and Baker Hughes are moving past just oil and gas projects and embracing more renewable energy projects going forward.In 2014, non-upstream oil and gas activities accounted for 22% of revenues among service suppliers…
Netherlands headquartered Royal Boskalis Westminster together with Taiwanese partner Hwa Chi Construction have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure Partners (CIP)…
Hermitage Offshore Services (HOS), the operator of platform supply vessels (PSV), has announced that it has raised $2.5 million via share sale.The Bermuda-headquartered company, formerly Nordic American Offshore Limited, informed that the proceeds…
Danish wind developer Ørsted A/S will enter into exclusive negotiations for Public Service Enterprise Group (PSEG) to potentially acquire a 25% interest in the proposed 1,100-MW Ocean Wind project.Subject to negotiations toward a joint venture agreement…
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