Petrobras appointed Luciano Galvao Coutinho as chairman of the board after receiving Guido Mantega’s resignation on 26 March. Image of Petrobras headquarters. From OE Staff. Coutinho…
Overwhelming support from stockholders at both sides of Halliburton and Baker Hughes approved the US$34.6 billion merger today (27 March). Lessar. From Halliburton Facebook. A total…
Schlumberger signed a long-term software contract with Chevron Energy Technology Company. The new contract provides universal access to the Petrel E&P software platform across Chevron’s entire earth sciences organization. 'We have…
Statoil started the first stage of the Polarled installation project with the Solitaire pipelaying vessel connecting the pipeline in the Norwegian Sea to Nyhamma. Solitaire. From Allseas. The…
Three university students studying topics relating to the oil and gas sector have been picked as the winners of the Offshore Mediterranean Conference 'five minute speech contest.' Out of about 20 technical papers presented in just five minutes…
Mediterranean countries cannot be naive about the industrial risks around oil and gas exploration and production, delegates at the Offshore Mediterranean Conference (OMC) in Ravenna were warned this morning. The region, which comprises EU member states as well as non-member states…
In this video, Tenaris shows how its next generation of coiled tubing, BlueCoil, works. Tenaris based its BlueCoil technology on new steel designs and manufacturing processes developed by the company to produce coiled tubing that is stronger…
Schlumberger released the ACTive Straddle coiled tubing real-time multiset inflatable packer, which provides all functions needed to isolate and treat multiple zones on a single run without coming out of the well, which reduces intervention time and optimizes production…
To meet the growing demands by operators for greater operational efficiency and public confidence in the integrity of offshore and onshore oil and gas structures, Lloyd’s Register Energy is increasing its structural engineering capabilities…
ConocoPhillips contracted SpeedCast International Ltd., over a multi-year, multi-million dollar agreement for the delivery of satellite communication services to the company’s down under operations. Located 250km southwest of Suai in…
Singapore’s Swiber Holdings clinched a sum of US$405.6 million for a series of contracts, including its latest $333 million agreement for engineering, procurement, installation and construction (EPIC) services in India. This contract…
Siemens signed a long-term agreement with Rhyl Flats Wind Farm Ltd., 50.1% owned by RWE AG, to continue providing service and maintenance at the Rhyl Flats wind farm off the coast of North Wales for the next 15 years. Image from Siemens…
Stavanger-based Ziebel announced that for the first time in oil and gas history, the Z-Line, a gravity-deployed slim carbon composite cable, was used to acquire meaningful distributed temperature and distributed acoustic fiber optic data during a commercial well intervention…
The oil and gas industry is responding to the low oil price environment with exploration budget cuts in 2015 which will average 30%, leading to suggestions that exploration activity could be significantly curtailed. However in an effort to drive value…
The Petroleum Safety Authority Norway (PSA) is investigating a fire that broke out on the Petrojarl Knarr floating production, storage and offloading (FPSO) in the Knarr field, North Sea. Petrojarl Knarr achieving first oil…
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