Lundin Petroleum has agreed to acquire Statoil's 15% stake in the Edvard Grieg field in return for increasing its shareholding in Lundin. The deal, which inccreases Statoil's stake in Lundin from 11.93% to 20.1%, also includes Lundin…
Schlumberger launched the Maze microfluidic SARA analysis for reservoir fluids characterization at the 2016 Offshore Technology Conference in Houston. This is the first commercial application of microfluidic analysis technology in the oil and gas industry…
Houston-based Anadarko Petroleum has successfully drilled its first horizontal deepwater well offshore the Ivory Coast. The firm encountered 100ft net of true vertical thickness (TVT) pay on the Paon-5A well using Bolette Dolphin drillship…
TGS announces the expansion of its multi-client library offshore Eastern Canada with plans to acquire more than 36,000 km of 2D seismic data, in partnership with PGS, utilizing two vessels during the 2016 acquisition season. The M/V Sanco Spirit and M/V Atlantic Explorer…
Cyberhawk Innovations, an aerial inspection and survey provider, is set to establish a Houston office. The new office comes as a result of increasing demand from existing oil and gas customers who recognize the significant cost and time…
The development of the new, world-class Oil & Gas Technology Centre (OGTC) in Aberdeen has moved forward with the appointment of the board and recruitment is now underway for a chief executive officer and other senior posts. The project…
Schlumberger launched the MaxPull high-pull wireline conveyance system, capable of pulling from 18,000 lbf to 30,000 lbf in wells 40,000ft [12,192m] deep or more. The MaxPull system's engineered integration of wireline conveyance components brings efficiency…
Halliburton and Baker Hughes have terminated their proposed US$34.6 billion merger, both companies announced late Sunday, 1 May 2016. According to the terms of the merger proposal, Baker Hughes will receive $3.5 billion for the termination of the agreement…
There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT. Is it a bird, is it a plane…
While it offers a theoretically coherent concept, subsea processing can seem fragmented. Elaine Maslin spoke to Intecsea about how the company views the broader picture. Statoil’s Åsgard project…
Weatherford’s Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a last resort for wells defined as undrillable…
Structural integrity monitoring should be a lifecycle tool and could make jackup moves safer. Meg Chesshyre reports from Oceanology International. Jackups. Photo by staff. A…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…
Mark Smith, Staci Stephenson and Brent Fergurson, of Oceaneering International, show how NASA’s neutral buoyancy lab is helping cut costs and cut risks involved in subsea initiatives. Deployment of MIL 27 ROV at the NBL…
Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017. The…
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