At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents. Safety model…
Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…
Nanotechnology has an abundance of applications for the oil and gas industry, according to a group of research scientists who addressed attendees Offshore Technology Conference in Houston. From non-stick fluids to contamination warning systems…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
Downhole Products secured US$19 million in contracts in Malaysia and Angola in a mixture of three and three to five-year projects. The Asia Pacific region remains an important part of the world for the company and, since the creation of regional headquarters in Kuala Lumpur five years ago…
Thrustmaster of Texas appointed Joshua Song as general manager of Thrustmaster Asia Pacific Pte Ltd. Thrustmaster Asia Pacific is based out of Singapore - the world’s leading hub for international and regional shipping with over 5000 maritime companies…
At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…
The International Drilling Associate of Contractors (IADC) introduced the newest well control training and assessment program WellSharp at this week’s Offshore Technology Conference (OTC) in Houston. Polk…
Qatar Petroleum has initiated an evaluation process for the selection of a partner to undertake the future development of the Maersk Oil-operated Al Shaheen field, as the current agreement expires mid-2017. Al Shaheen…
Balmoral Offshore Engineering (BOE) was presented with the UK Queen’s Award for Enterprise. It is the third time the company has won the international trade award, the first success coming in 2010. BOE saw overseas income increase by £20 million in the period 2012-14 with profits doubling…
SBM Offshore released this video demonstrating its new ARCA (articulated rod connecting arm) chain connector. The ARCA won accolades at this year’s Offshore Technology Conference’s Spotlight on Technology Awards. SBM Offshore was…
FMC Technologies and Total signed a frame agreement for technology development on 5 May. The purpose of this agreement is to define the R&D relationship and to create a framework for collaborative and innovative projects. The goals of…
James Fisher and Sons completed the acquisition of Mojo Maritime Ltd. (MML), a specialist provider of project management, engineering and consultancy services to the offshore industry renewable energy sector. Founded in Falmouth 10 years ago by Richard Parkinson CEO…
Weatherford awarded Aberdeen-headquartered EFC Group multiple multi-million dollar contracts for managed pressure drilling equipment supply to support the Weatherford Secure Drilling services business. The contract wins include the design and supply of direct hydraulic controls…
Aibel was awarded a US$114.3 million engineering, procurement, construction and installation (EPCI) contract for work related to planned water injection from the Heidrun platform to the Wintershall Norge-operated Maria field. The Maria field is in the Norwegian Sea…
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