FMC Technologies and Technip executed a business combination agreement (BCA) on 14 June 2016 regarding their proposed merger announced on 19 May. The execution of the BCA follows conclusion of the required work council consultation process in Europe…
India's Oil and Natural Gas Corp. (ONGC) has set a new pre-monsoon rig move record offshore India, with the support of Aqualis Offshore, a specialized marine and offshore engineering consultancy. ONGC executed a total of 33 mobile offshore…
Hoover Container Solutions announced three new changes to its senior management team, supporting its continued global growth. Joseph Levy has been appointed senior vice president and chief financial officer; Johan Wramsby has been appointed senior vice president and chief operating officer…
MacGregor launched a fiber-rope retrofit option for its subsea cranes. The modular upgrade replaces the crane's original steel wire rope with high-performance synthetic fiber rope, using the same technology as MacGregor's fiber-rope crane…
Offshore mooring and subsea services supplier Delmar Systems has acquired privately-owned InterOcean Systems. InterOcean designs and manufactures oceanographic and environmental equipment and systems, including its proprietary rig anchor release (RAR)…
Rystad Energy’s new report claims that there is hope in the oilfield service industry despite the current downturn, with an expected US$30 billion growth to be seen in the next two years. Closed and abandoned service markets as well as…
Honeywell Process Solutions (HPS) now offers ControlEdge Programmable Logic Controller (PLC), a new addition to Honeywell’s next generation family of controllers leveraging the power of the Industrial Internet of Things (IIoT). ControlEdge PLC…
SDX Energy is dropping its 35% stake in the Dana Petroleum-operated Bakassi West block in the Rio Del Rey basin offshore Cameroon, after failing to make an oil discovery in late-March at the shallow-water Manatee-1X well. SDX’s decision…
Forum Energy Technologies (FET), a subsea technology provider, has unveiled a deepwater test facility and received industry accreditation for the calibration laboratory at its new European Operational Centre in Aberdeen. The primary purpose…
The Houston Technology Center (HTC) and the Society of Petroleum Engineers – Gulf Coast Section (SPE-GCS) are collaborating to promote the development and commercialization of technology developed by SPE-GCS members through SPE-GCS’s Ideas…
UK-based explorer Chariot Oil & Gas has opted not to renew the C-19 license offshore Mauritania, the company said today (16 June), because it was unable to find a partner for a drilling campaign on the license. The company had received an extension on the license last year…
NEL has completed the latest upgrade phase of its wet gas test facility, in response to increasing industry demand. The upgraded facility has been designed to more accurately simulate the increased flowrates experienced during production and processing…
Unmanned aerial vehicle (UAV) inspection and survey company Cyberhawk Innovations entered into an agreement with UK-based SSE last month for Cyberhawk to carry out close visual inspections of more than 600 blades using UAVs. Image…
Fugro has been awarded a three-year contract for integrity management support (IMS) and intervention works for Det norske in the Norwegian sector of the North Sea. The offshore scope covers subsea assets at Alvheim, Vilje, Volund and Bøyla field developments…
Faroe Petroleum hit an oil discovery at its Brasse exploration well in the Norwegian North Sea, with plans for a sidetrack to follow. The Transocean Arctic, from Transocean. The company encountered oil at the Brasse well 31/7-1…
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