The Steam Oil Production Company has entered into a cooperation agreement with FluidOil, an independent heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (VHTL) oil upgrading technology into an offshore steam flooding project…
Ophir Energy's Fortuna LNG development is a step closer to reality after signing an umbrella agreement, which sets out the legal and fiscal framework for the project. Ophir, the Republic of Equatorial Guinea, OneLNGSA and La Compañía…
4Subsea has been awarded a contract for integrity management with Shell, using the digitalized web solution FlexTrack for integrity monitoring on the operator's Draugen, Knarr and Ormen Lange fields. The contract is a continuation and…
Xvision Software has developed FieldAP, a 100% cloud-based technology for the energy industry providing offshore project managers with an online tool for visual field development, digital planning and cost containment. According to Xvision…
Darktrace, a provider of Enterprise and Industrial Immune System technology, and Siemens, a global engineering and technology provider, have entered into a strategic partnership to bring cyber defense for operational technology (OT) to the oil and gas industry and electric utilities…
Baker Hughes (BHI) has introduced its DEEPFRAC deepwater multistage fracturing service, which aims to save operators hundreds of millions of dollars in offshore developments through efficiency gains across the completion phase. Using multiposition sleeves and patented flowback control technology…
Six people have been killed and more injured after a crane fell down in a South Korean shipyard at the site of Total's Martin Linge platform construction. According to news agency Reuters, six people were killed in the accident and more than 20 injured…
Offshore Technical Compliance (OTC), a provider of compliance related services, has acquired Northwest Technical Solutions (NWTS) as a wholly-owned subsidiary, extending the efficiency and reach of its offshore services. The acquisition of NWTS…
Weatherford International (WFT) has released the RipTide RFID drilling reamer that incorporates advanced cutter technology at the 2017 Offshore Technology Conference. The RipTide RFID drilling reamer is a proven tool that has been deployed in deepwater fields throughout the world…
Lloyd’s Register (LR), a global provider of engineering and technology-centric professional services, has launched its Virtual Reality (VR) Safety Simulator at the Offshore Technology Conference 2017 in Houston, Texas, to help further support…
Lamprell has completed construction on the final jackup drilling rig in a series of nine, the Al Lulu, and delivered it to Abu Dhabi’s National Drilling Company (NDC), within budget and on schedules. The contract for the NDC Al Lulu rig was awarded in April 2015…
Mexico's Petroleos Mexicanos (Pemex) has signed an agreement to license data from the WesternGeco Campeche wide-azimuth (WAZ) multiclient seismic survey in the Salina del Istmo province of the southern Gulf of Mexico, said Schlumberger (SLB)…
The UK's Oil & Gas Technology Centre (OGTC) has launched its first 'Call for Ideas,' inviting innovative technology concepts and ideas to transform the way that offshore oil and gas wells are plugged and abandoned. The OGTC is planning to invest about US$1…
The oilfield service (OFS) industry can, at times, be intimidating in its complexity and depth. Furthermore, mega-mergers (e.g. GE – Baker, Technip – FMC, Wood Group – Amec Foster Wheeler) have created a supply chain that no-longer has homogenous…
Elaine Maslin looks at efforts to breathe new life into old oil and gas platforms, such as refitting for renewable energy, while also cutting CO2 emissions and cost. An illustration of the Win Win (wind-powered water injection) project…