Perceptions may not be as bad as reality in post-conflict Libya.Hundreds of billions of dollars are expected to be spent in the cash-rich country in coming years; westerners are welcome in Tripoli; security has improved, and organizations…
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog…
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3).The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea…
Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…
Seanic flex joint cleaning toolHouston-based Seanic Ocean Systems will design a second flex joint cleaning tool. The first was designed to remove excessive marine growth where the ball and socket meet, allowing for better inspection of elastomer material…
CM Labs Simulations launched a new simulation and visualization software called Vortex, designed to reduce cost and risks during offshore operations. It’s suitable for in engineering, testing, planning, and training. Vortex software can be used to simulate dynamics of virtual cranes…
IHC PackhorseNetherlands-based IHC Merwede introduced a new series of IHC Packhorse offshore support vessels last month. The vessels range from the Packhorse, a PSV, and the Packhorse-Maxi, which provides a 59-person accommodation unit, and options designed for subsea support on IRM work…
UK-based integrated drilling and environmental solution provider TWMA offers thermal processing technologies designed to treat oil mud contaminated by drilling wastes at the source. The thermal treatment process uses a cylindrical mill to convert mechanical energy into thermal energy…
Aker Solutions, the international oil services provider, has received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately NOK 4…
Ocean Installer has been awarded a major Engineering, Procurement, Construction, Installation (EPCI) contract for subsea installations and tie-in operations at the Statoil operated fields Gina Krog (former Dagny) and Eirin.The total contract value is approximately USD 85 million (NOK 500 million)…
Maritime Developments (MDL), a leading provider of back-deck equipment for the subsea sector of oil and gas industry sector, has secured its largest contract to date.MDL, based in Peterhead and Aberdeen, will provide a 400-tonne reel drive system…
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade.The 27th awards ceremony, which saw a record attendance of 530 guests…
ABB has been appointed the main electrical contractor (MEC) for a new semi-submersible central processing facility (CPF) at the Ichthys oil and gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…
Sembmarine SLP Ltd (SLP), a subsidiary of Sembcorp Marine, is pleased to announce that it has been awarded an exclusive license by Seahorse Platform Partners Ltd (SPPL) to use its patented SEAHARVESTERTM and SeaHorseTM technology in the design…
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