Searcher Seismic started the acquisition of the 11,000km Hahonua 2D Seismic Survey offshore Papua New Guinea. This new acquisition, in partnership with BGP, increases Searcher's total seismic data library in the region to over 70,000km…
After three weeks of strike, Norwegian workers union Industry Energy says its call for equal pay between operator, drilling, catering and oil service staff on the Norwegian Continental Shelf has been accepted, ending the strike. More…
Galp Energia has signed a memorandum of understanding (MoU) with Petrobras aimed at extending the cooperation between the two firms. Galp and Petrobras intend to further explore areas of cooperation, in potential oil and gas exploration…
Norwegian geoscience firm Electromagnetic Geoservices (EMGS) says it is to reduce its 'employee expenses' by about 20%, through temporary and permanent layoffs on shore and offshore and other measures, due to a reduced level of activity. Q2 'employee expenses' were US$5…
Technip and FMC Technologies have been picked by Hurricane Energy to be an exclusive provider of subsea equipment to the firm's fractured basement Lancaster development, west of Shetland. Under a provisional agreement, the firms, under their alliance…
Emerson Automation Solutions has introduced the Roxar MPFM 2600 M multiphase flow meter. The Roxar MPFM 2600 M is designed to be a flexible and easily manageable wellhead measurement solution based on a field-proven technology platform. The…
Optime Subsea Services, subsea technology company, will merge with engineering house Telemark Technologies to fast-track its subsea installation solution. Telemark Technologies is a supplier of pressurized vessel systems for testing operations of subsea…
DEA has awarded the engineering, procurement, construction and installation contract for the smaller structures and pipelines as well as the subsea installation work of the Dvalin development offshore Norway to Technip. The contract includes the fabrication of smaller structures…
In this video, US supermajor Chevron shows a 360° video tour of its Jack/St. Malo facility, its largest deepwater offshore platform, offshore the US Gulf of Mexico. The Jack and St. Malo fields were co-developed with subsea completions…
Aker Solutions and MAN Diesel & Turbo say they expect to cut the size and weight of subsea compression systems by at least 50%, just a year after the first such system successfully went on stream at Statoil’s Åsgard field. Image: Before and after…
Supermajor BP has dropped its deep water drilling plans in the Great Australian Bight, offshore South Australia. The project will not be able to compete for capital investment with other upstream opportunities in its global portfolio in the foreseeable future…
Teledyne Webb Research (TWR), a manufacturer of autonomous underwater vehicles (AUVs) including the Slocum G2 glider and Slocum hybrid glider, has released their new glider piloting software, the Slocum Fleet Mission Control Software (SFMC)…
Sevan Marine CEO Carl Lieungh will step down from the company, effective 1 January 2017. The company's board of directors has appointed current CFO, Reese McNeel, as the new CEO. He will carry out both functions in parallel, the firm said in a statement today (10 October)…
Airborne Oil & Gas (AOG) raised US$26 million (€23 million) in a series C investment round from both new and existing shareholders. (SAEV) joins the shareholder base with an investment of $11 million (€10 million). SAEV is the corporate venturing arm of Saudi Arabian Oil Co…
Jersey Oil & Gas (JOG), with its co-venturer, CIECO Exploration and Production (UK) Ltd. (CIECO), have completed the sale and purchase agreement with Statoil for the farm-out of a 70% working interest in UK Seaward License P.2170, Blocks 20/5b and 21/1d in the UK Central North Sea…
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