The offshore oil and gas industry is moving further into deeper and colder waters in remote locations thanks to advancing technologies. Ulstein provides products and solutions in support of safer, smarter and greener operations. The OCV/subsea vessel design SX121…
The FPSO Cidade de Paraty went onstream, beginning commercial production in the Santos Basin Lula Nordeste pre-salt, Petrobras announced on June 6 2013. The Cidade de Paraty FPSO is the second unit deployed on the giant Lula discovery and is located approximately 300km off Brazil…
API Director of Upstream & Industry Operations, Erik Milito, said in a Wednesday press conference that there is broad and bipartisan support from the U.S. public and policymakers to expand access to offshore oil and natural gas development…
Marin Teknikk AS has entered into a contract with China Merchants Heavy Industry (Shenzhen) Co. Ltd., for the design & engineering delivery of a large diving & construction vessel (DCSV) to Kreuz Subsea Marine Pte Ltd. in Singapore. The vessel will be a MT6024 DSCV design with an 18-man…
Over the past few years, the need to protect Industrial Control Systems (ICS) from cyber threats has greatly increased. The integration of industrial Ethernet infrastructure with business networks (and the outside world) has exposed once…
Maersk Drilling received a contract extension for its newbuild ultra-harsh environment jackup XL Enhanced 2 from Det norske oljeselskap ASA. The two-year extension allows the jackup to service the Ivar Aasen project for a total of five years…
BHP Billiton finalized a sale of its interests in the East and West Browse Joint Ventures off Australia that was previously announced in December. The company will receive US$1.63 billion from PetroChina International Investment (Australia)…
Lloyd’s Register published a comprehensive rule set to guide the design, construction and operation of FLNG facilities to provide safer, cheaper and more environmentally friendly approaches to retrieving natural gas. “Natural gas is a…
Real-time analytics hikes collaboration and boosts profits, writes Carol Huff. Just spin it the right way, and digital technology working with standardized infrastructure, sprinkled with new age seismic sensors, analytics and algorithms produces Big Data…
Precision Polymer Engineering (PPE), opened its new Houston facility on May 30th. The facility is located on the Sam Houston Tollway, northwest of downtown. Brett Finley, VP of Fluid & Metering Technologies and PPE’s Managing Director Paul Gillyon…
Oil companies consistently underestimating the hacking risks they face. Richard Sale explains how underestimating the threat can be fatal to a company’s future. Globally-interconnected digital information and communications infrastructure…
Optimizing operational efficiencies by making critical asset information instantly searchable whenever and wherever from multiple devices, and secure. One of the many challenges faced by the offshore industry globally is effectively managing…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
Forum Energy Technologies, Inc. and Quantum Energy Partners have entered into a definitive agreement to jointly acquire Dayton, Texas based Global Tubing from ARC Financial Corp., a Calgary-based private equity firm, and a group of investors…
GDF Suez E&P UK Ltd. (GDF) has awarded a £1.4 million (US$ 2.17 million) joint study to Xodus Group and Atkins for Concept Select work in the Austen (formerly Jacqui) field in the Central North Sea, with an option to proceed into the Concept Definition phase…
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