Emerson said it has been awarded a five-year contract with BP to provide predictive maintenance and operational support services to ensure safe, optimized production from its Clair Ridge platform and Glen Lyon floating production, storage and offloading (FPSO) vessel…
A seismic survey segment which has seen its fortunes slashed heavily since 2015 and which isn’t expected to recover fully for at least another five years is starting to make waves as it navigates a still bumpy road marked by green shoots.First to feel the pinch when exploration slows…
Norwegian oil company Okea AS said on Tuesday it was planning an initial public offering by mid-2019, in a bid to raise funds to finance further expansions.The company, which is partly owned by Thailand's Bangchak Corporation and private equity firm Seacrest Capital…
Singapore-based Keppel FELS and Norway's Aibel have together secured a contract to build and install a new 900 MW offshore high voltage direct current (HVDC) converter station for the DolWin 5 cluster offshore wind farms. Under a contract from…
A Royal Boskalis Westminster heavy transport vessel has been recovered and the crew freed after being hijacked on Sunday about 80 miles offshore Equatorial Guinea.The 225m-long Blue Marlin semisubmersible heavy transport vessel had recently…
OMV has been given the green light to drill exploration wells 6506/11-11 S and 6506/11-11 A on the Halten Terrace in the Norwegian Sea. The wells are in production licence 644/644 B containing the high-pressure, high-temperature gas/condensate Hades and Iris discoveries…
UK small cap player Independent Oil and Gas (IOG) has signed a Letter of Intent to use Maersk Drilling's Maersk Resilient jack-up rig to drill the Harvey appraisal well in the southern sector of the UK North Sea. The well is expected to be started in July…
Norwegian offshore engineering company Aker Solutions has launched a new software and digital services company called ix3 that it says will enable operators to accelerate field development projects and optimize asset performance.At the core…
BP has awarded TechnipFMC an integrated engineering, procurement, construction and installation (iEPCI) contract subsea systems on its Thunder Horse South Expansion 2 Project located in the Gulf of Mexico.Project sanction on the Thunder Horse project…
The U.S. Department of the Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE) released what it said were “the final improved Blowout Preventer Systems and Well Control regulations”The Well Control Rule is a part of an ongoing…
EllaLink, a planned submarine cable linking Brazil and Portugal, announced that Alcatel Submarine Networks has finalized the Cable Route Study and mobilized the marine survey vessel for the EllaLink submarine cable system.The survey will be…
Oil and gas procurement specialist, Craig International has won a North Sea contract worth around GBP 20 million with BP.The Aberdeen-based oilfield services firm provide third party procurement services including equipment for maintenance…
Anasuria Hibiscus UK, a subsidiary of Hibiscus Petroleum, was informed by Cook JV operator Ithaca that the Cook water injection well was drilled to a total depth of 13,045 feet measured depth.'In drilling the water injection well, the reservoir…
The Irish-domiciled multinational oil and natural gas service company Weatherford International plc unveiled Victus intelligent managed pressure drilling (MPD), an Industry 4.0 solution that features intelligent control, equipment automation…
DNV GL has developed a solution that is designed to reduce the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time…