Latest News - page 2298

 

Accenture to buy Schlumberger unit

Aug 18, 2015

Global management consultancy and services firm Accenture has agreed to acquire Schlumberger Business Consulting (SBC), Schlumberger's management consulting unit. Accenture says the acquisition will expand its capabilities in helping…

Ampelmann supplies Gulf of Mexico

Aug 18, 2015

Dutch motion-compsenated gangway firm Ampelmann has been awarded a contract by Boa Marine Services (BMS) for a gangway solution for the ExxonMobil-operated Gulf of Mexico Julia project. The work scope of Ampelmann comprises transferring…

Amec inks Upper Zakum extension work

Aug 18, 2015

Amec Foster Wheeler has been awarded an extension to its existing project management consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, 84km northwest of Abu Dhabi.  The contract was award by the Zakum Development Co…

Wood Group revenues slide 20%

Aug 18, 2015

Engineering firm Wood Group has since its revenues slide 20% to US$3 billion as it suffers from the reduction in activity in the oil and gas sector caused by operators tightening their belts amid low oil prices. The firm, which has reduced its headcount 13% since December…

Shell, COSCOL sign transport contract

Aug 17, 2015

COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…

Shell approved to drill deeper in Arctic

Aug 17, 2015

The US Bureau of Safety and Environmental Enforcement (BSEE) has given Shell final approval to drill into deeper into hydrocarbon-bearing zones at its Burger J prospect in the Chukchi Sea, off Alaska, in the US Arctic. “After extensive review and under a robust array of safety requirements…

BP, Emerson extend contract

Aug 17, 2015

BP and Emerson have signed a global agreement for Emerson Process Management to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies…

Hawkeye-1 disappoints

Aug 17, 2015

Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…

SUT to host two sessions at Offshore Europe

Aug 17, 2015

The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…

Sonardyne opens French office

Aug 17, 2015

Sonardyne, a specialists in subsea navigation and positioning technology, has opened its first permanent office in France to expand its presence in the region. The announcement follows the opening of a second Sonardyne office in Brazil earlier this year…

Wassana achieves first oil

Aug 17, 2015

First oil has commenced from the Wassana oil field in the G10/48 concession in the Gulf of Thailand, operator KrisEnergy announced. Wassana is expected to achieve peak production of approximately 10,000 bo/d by year’s end. KrisEnergy…

Rosneft eyes Brazil's 13th round

Aug 17, 2015

Rosneft, via its subsidiary RN-Brasil, has registered as a participant in Brazil's 13th license round. The registration is subject to the approval of Brazil's Agencia Nacional do Petroleo ANP and will allow Rosneft to take part in the…

Helicopter pilots to ballot for strike action

Aug 17, 2015

Helicopter pilots in Aberdeen have agreed to run a ballot for strike action over offshore helicopter operator redundancies in the North Sea. Helicopter operators have been feeling the brunt of the oil market downturn, precipitated by low oil prices…

Positive MMO market fundamentals

Aug 17, 2015

Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current market conditions is expected to be slow…

Sparrows increases Middle East footprint

Aug 17, 2015

Lifting, handling and cable and pipeline and fluid power firm Sparrows Group has expanded its reach in the Middle East after forming a local partnership with Zamil Group in Saudi Arabia. The strategic alliance will see Sparrows Group’s…

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