FMC Technologies purchased 173 acres in Houston’s Generation Park. The Houston-based company said the purchase affords the firm flexibility and options as it assesses its future needs in the area.
Halliburton has added remote, open-close technology specialists Red Spider to its Halliburton Completion Tools product service line. The Aberdeen based Red Spider said the acquisition not only expands its geographical reach in Australasia, Brazil…
Ocean Installer and McDermott International struck an alliance to pursue and execute North Sea rigid pipelay projects. The new partnership paves the way for a more permanent relationship. Along with Ocean Installer’s expertise and North Sea organization…
Oil Spill Response has united with Fort Lauderdale, Florida based Clean Caribbean & Americas under the banner OSRL. The new organization will support adoption of best practices and will offer members enhanced response capability and equipment…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
Shell celebrated the relaunch of its Shell Technology Center Houston in January. The expanded facility contains one million square feet of laboratory and office space and houses 2000 Shell scientists and engineers, making it the largest of Shell’s three worldwide technology centers…
Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…
Weatherford has been mobilizing a bucking unit equipped with torque/turn process control systems to an operator’s onshore Australian support base and providing full pipe preparation. Weatherford’s Aaron Sinnott explains how these services significantly reduced operating costs…
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
BC Petroleum (a ROC, Dialog Group and Petronas venture) discovered 87m of hydrocarbon pay in multiple zones of the Balai-2 well off east Malaysia. Drilled to 2266m TD, Balai-2 targeted a shallow carbonate reservoir and a deeper series of stacked sandstone reservoirs…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Dolphin Drilling and Petrobras have agreed to a one-year contract extension for the semisubmersible Borgny Dolphin. The contract, worth US$90 million, extends its deployment until September 2014.GDF Suex E&P UK picked Technip to provide installation…
Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Case ACase BOn a separate but related theme, the Umbilical Manufacturer’s Federation has recently published a guidance note on the subject of free span analysis.The term ‘free span’ is used to refer to the scenario whereby a section of installed…
Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…
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