Schlumberger (SLB) has introduced the ACTive Q CT real-time downhole flow measurement service, which delivers real-time injection diagnostics and treatment evaluation in one run in a well. “Fluid injection monitoring and placement often…
The US Bureau of Ocean Energy Management (BOEM) held two lease sales today (23 March) in New Orleans, amid loud protests from environmental groups. One lease sale (Lease Sale 241) attracted some US$156 million in high bids, the other sale (Lease Sale 226)…
ABB was awarded a five-year contract to deliver equipment and services for Shell’s Prelude floating liquefied natural gas (FLNG) facility. Illustration of the Shell FLNG, from Shell. The order includes the delivery of motors…
Cluff Natural Resources (CLNR) has signed heads of terms with Verus Petroleum UK for 25% participating interest in three licenses located in the Central North Sea and the Moray Firth. These licenses, two of which are effectively drill ready…
The government of Gabon has extended the deadline to submit bids for the country's 11th Licensing Round to 29 April 2016. Gabon is calling for international participation in the licensing round which will focus on five blocks, E-12, F-12…
The NG-3500X is the latest design in GustoMSC’s series of self-propelled jack-up designs – the NG series. Based on the NG-2500X and NG-1800X designs, the NG-3500X comes in two distinct versions for accommodation, services and well intervention…
After more than a year since Bumi Armada Berhad’s chief executive officer (CEO) Hassan Basma stepped down, the board has appointed Leon A. Harland as its new CEO. Harland. Image from Heerema. Harland…
Petrobras has awarded Seadrill an 18-month contract extension for the West Tellus drillship offshore Brazil, commencing in April 2018, and securing work for the unit through the end of October 2019. The total backlog for the contract extension is approximately US$164 million…
Woodside Petroleum and partners have scrapped its plans for the struggling Browse floating liquefied natural gas (FLNG) mega project offshore Western Australia, as a result of the current economic and market environment. Browse FLNG illustration…
Polarcus has announced the purchase of a complete marine seismic in-sea acquisition system (Streamer Package) from Dolphin Geophysical, for a price of US$11.5 million. The Streamer Package comprises 12 x 8100m active streamers and all peripheral in-sea equipment…
IHS and Markit has announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals. Based on the closing prices of IHS and Markit common stock on 18 March 2016, the implied equity value of the transaction is more than US$13 billion…
Aberdeen-based well intervention specialist READ Cased Hole launched its latest logging technology, ZeroTime, at the 2016 SPE ICoTA Coiled Tubing and Well Intervention Conference and Exhibition in Houston. As a logging while working solution…
France’s Total and China’s China National Petroleum Co. (CNPC) signed a strategic cooperation agreement to extend the two companies’ existing collaboration. The agreement was signed on 20 March between Patrick Pouyanné, chairman and CEO of Total…
Halliburton’s Production Solutions business line has introduced Spectrum Real-Time Coiled Tubing Services. Spectrum Real-Time Coiled Tubing Services comprises two complementary offerings: Spectrum Diagnostic Services and Spectrum Intervention Services…
Aquatic Engineering & Construction has expanded its team based in Houston. Bob Terrell joined Aquatic last month as regional manager, while Andrew Blaquiere has moved permanently from the Acteon group to Aquatic as proposals and project engineer…
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