Latest News - page 2218

 

Hardide Coatings opens Virginia facility

Jan 08, 2016

Hardide Coatings, a UK-based provider of advanced surface coating technology, has announced the opening of its new Virginia production facility.   In January 2015 the company commenced an investment of up to US$7 million in Martinsville to expand its production operations to North America…

FPSO suffers mooring failure in storm

Jan 08, 2016

A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK.  The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…

Not all gloom, says Hannon Westwood

Jan 08, 2016

A year on since the oil price collapse and the effects are making themselves felt across Northwest Europe, particularly in the UK and Norwegian sectors.   The count of exploration and appraisal well spuds in the UK is an all-time low…

Lundin spuds Bombazon well

Jan 08, 2016

Lundin Petroleum has started drilling the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The Bambazon prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…

Aker, OneSubsea win Statoil EPC frame agreements

Jan 08, 2016

Statoil Petroleum has signed master service agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new engineering, procurement and construction (EPC) for subsea equipment in the medium term future…

Year in review: 2015

Jan 07, 2016

2015 truly was the year of ups and downs. At the start of the new year the price of oil tumbled to just below the US$50/bbl mark and by 31 December it rested at just under $40, at $37.04/bbl. However, it is not known what true bottom is for the market…

Trendsetter acquires Wiltor Machine

Jan 07, 2016

Trendsetter Engineering has announced the acquisition of Wiltor Machine, a 6000sq ft precision machine shop in north Houston specializing in complete turnkey, proto‐type, and production machining for the oil and gas industry. This machine shop has experience machining stainless steel…

CLNR in North Sea development search

Jan 07, 2016

UK-based underground coal gasification (UCG) firm Cluff Natural Resources (CLNR) is in the process of securing industry partners to fund and develop its North Sea work program. Map of CLNR's North Sea assets…

Borets names North America HSE manager

Jan 07, 2016

Borets has appointed David Langley as North American HSE manager. Langley. Image courtesy of Borets. Based at Borets’ US corporate office in Houston, Langley will be responsible…

Keaveney appointed ISA president

Jan 07, 2016

The International Society of Automation appointed James Keaveney as its 2016 president. Keaveney. Image courtesy of the ISA. Keaveney will work with Society leaders and staff…

GMB presses for decom

Jan 07, 2016

GMB, the union for workers in energy industries and the offshore supply chain, has told Amber Rudd, MP, secretary of state for energy and climate change, that delaying offshore installation decommissioning work any further would be catastrophic for jobs and investment…

Petronas in Tanjong Baram first oil

Jan 07, 2016

PETRONAS started oil production from the Tanjong Baram field, offshore Sarawak Malaysia.  The field, which is estimated to produce an average of 2000 b/d, consists of a platform with production tied into the West Lutong Drilling Platform A (WLDP-A) complex via a flexible production pipeline…

PetroRio selects Wood Group for Polvo A

Jan 07, 2016

Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100km off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract…

Petrobras axes Ensco rig deal

Jan 06, 2016

Houston-based Ensco received a cancelation notice from Brazilian giant Petrobras for the DS-5 drilling rig, citing improper payments. Image of the Ensco DS-5 drillship. Courtesy of Ensco. Last year…

M-I SWACO inks Statoil tank cleaning contract

Jan 06, 2016

Statoil has been looking for a way to make tank cleaning on supply vessels safer and more effective. M-I SWACO, a Schlumberger company, has developed a technological solution and has now been awarded a contract with Statoil that is valued at around US$55…

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