Brazilian independent OGX Petróleo e Gás Participações S.A. (OGX), has entered into an agreement with PETRONAS Brasil E&P Ltda (Petronas) to sell a 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin…
Husky Oil Operations awarded Technip two contracts for the planned subsea tieback of the South White Rose Extension field off Canada's eastern coast, Technip announced on 8 May 2013. The field is an extension of the White Rose field, located in the Jeanne d’Arc Basin…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
GE’s Power Conversion business (NYSE: GE) announces that they are bringing enhanced operability to the company’s Dynamic Positioning (DP) system. The latest version, being launched at OTC, is more energy-efficient, better integrated, and—most importantly—more ’mariner friendly’…
GE Oil & Gas is launching its next-generation SeaONYX blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment…
Success for Subsea Integrity Specialist’s Houston Operation Flexlife, a specialist provider of flexible pipe integrity and engineering services, is expanding into new premises in Houston and targeting US work with a value of nearly £2million in the next financial year…
Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ($20.2m) as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop,…
Royal Boskalis Westminster N.V., has been awarded a contract by Shell Philippines Exploration B.V. for the installation of an offshore Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines…
TRELLEBORG LAUNCHES INNOVATIVE NEW DBM CLAMP THAT IS QUICKER TO INSTALL AND LOWERS WEIGHT AT OTC 2013 Leading global manufacturer of polymer and syntactic foam-based solutions, Trelleborg, has developed an innovative new distributed buoyancy module (DBM) clamp that offers technical…
HRT Oil & Gas Ltda will purchase BP's 60% stake in the Polvo oil field, located 100km off Rio de Janeiro's coast, for US$135 million, the supermajor announced on 6 May 2013. BP said it expects the deal to close by 2H 2013, pending regulatory approvals…
Royal Boskalis Westminster N.V., has been awarded a contract by Shell Philippines Exploration B.V. for the installation of an offshore Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines…
Tendeka, the provider of completions systems and services to the upstream oil and gas industry, today announces plans to significantly grow its North and South American market presence by promoting its full portfolio of complementary completions products and services in the region…
OTC is marking a milestone for Innovation Norway this year with not only its largest ever pavilion for Norway but also a celebration of 40 years of the country showing at Houston's annual global oil and gas showcase. The event was marked…
Rigless abandonment of wells and use of downhole communications will be future trends, according to an OTC paper on well plugging and abandonment. Praful Desai, presenting for Schlumberger, outlined the large number of ageing and non producing wells globally…
Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…
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