Latest News - page 2194

 

Kvaerner steady but slim new contract pickings

Feb 16, 2016

Norwegian engineering and construction firm Kvaerner says it has a healthy backlog but that there are few opportunities for new contracts in 2016 and 2017 looks uncertain.  The firm, which only posted a relatively small drop in revenues in 2015…

Ocean Rig: No recovery until 2018, earliest

Feb 16, 2016

Drilling contractor Ocean Rig CEO George Economou has warned that a recovery for the oil and gas industry might not come until 2018, at the earliest.  Economou's comments were made as the Greece-based firm announced its second rig cancellation in the space of days…

Höegh LNG to drop LNG

Feb 16, 2016

Norway-based floating LNG specialist Höegh LNG says it will not engage in further new floating LNG (FLNG) developments, but focus on floating storage, and regasification units (FRSUs). The firm plans to have a fleet of 12 FRSUs by 2019…

Tower drops South African deep, but seeks shallow partner

Feb 16, 2016

New African Global Energy and Tower Resources have decided to drop their deep-water frontier acreage offshore offshore South Africa, but will be seeking a third partner for another exploration block. The firms were partners on the SW Orange Basin Technical Co-operation Permit (TCP)…

Research focuses on platforms' impacts on sea

Feb 16, 2016

Funding worth £1.8 million (c2.4 million euros) has been awarded to a group of European scientific institutions as part of a major initiative to improve the understanding of the influence of man-made structures, including oil and gas platforms and wind farms…

Aker, Total sign technology collaboration deal

Feb 16, 2016

Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…

TE unveils subsea CiA LVDT position transmitter

Feb 15, 2016

TE Connectivity (TE) announced a new Macro Sensors SSBR-937 Series CANBus LVDT Position Sensor with a  CANopen interface compliant to CiA 443 for subsea instruments. The subsea CiA 443 LVDT position sensor…

Dana Gas starts Zora

Feb 15, 2016

The Middle East’s Dana Gas started production at its Zora gas field last month, offshore the Sharjah coastline, United Arab Emirates. Image from Dana Gas. Zora is located in the Sharjah Western offshore concession…

N-KOM delivers first liftboat to GDI

Feb 15, 2016

Nakilat-Keppel Offshore & Marine (N-KOM), the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine (Keppel O&M), has successfully delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI)…

Byron to spud SM 6 #2 well in GoM

Feb 15, 2016

Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…

ABS appoints EVP, global marine

Feb 15, 2016

ABS has centralized its global marine strategic planning, client development, and product and service offerings to deliver enhanced classification services and joint technical projects.  Effective today (15 February), Dr. Kirsi Tikka is promoted…

Seatronics names new VP for US region

Feb 15, 2016

Seatronics, an Acteon company and part of its survey, monitoring and data business, has announced the recruitment of Janelle Pence as vice president for the US region. Pence will be responsible for managing and developing Seatronics’…

Dana Petroleum completes Lille John wells

Feb 15, 2016

Dana Petroleum has successfully completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea last week. Map from Dana Petroleum…

Atlantic Offshore inks Dana ERRV work

Feb 15, 2016

Dana Petroleum awarded Atlantic Offshore an emergency response rescue vessel (ERRV) contract to support the Ocean Guardian semisubmersible in the UK North Sea. Atlantic will use its Ocean Sprite ERVV in the contract, which is for two wells estimated at 70 days each…

NUTECH, WellDatabase introduce NuQuest

Feb 15, 2016

NUTECH has partnered with WellDatabase to launch NuQuest, the industry’s first comprehensive and intuitive digital platform providing standard well data coupled with corresponding reservoir characterization, and engineering expertise. The…

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