Structural integrity monitoring should be a lifecycle tool and could make jackup moves safer. Meg Chesshyre reports from Oceanology International. Jackups. Photo by staff. A…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…
Mark Smith, Staci Stephenson and Brent Fergurson, of Oceaneering International, show how NASA’s neutral buoyancy lab is helping cut costs and cut risks involved in subsea initiatives. Deployment of MIL 27 ROV at the NBL…
Balmoral Offshore Engineering has introduced a range of high temperature thermal insulation systems suitable for use on subsea Christmas trees, manifolds, spool pieces and jumpers, etc. High temperature-rated silicone, urethane alloy…
Bosch Rexroth will exhibit its latest marine and offshore technologies at booth 4416 during Offshore Technology Conference (OTC) at NRG Park in Houston, 2-5 May 2016. Visitors will have the opportunity to learn more about Rexroth’s technologies…
Strategic Corrosion Management (SCM), an asset integrity firm, has joined with OES Oilfield Services Group, an oilfield inspection company, in a global strategic partnership, which will integrate the companies’ RISCm (Risk, Integrity, and…
Fugro will further reduce its workforce by an additional 600 jobs this year, as the company reported a 23% decline in revenue in Q1, and announced plans to stack and retire vessels. Image from Fugro…
UPDATE: According to Reuters, Statoil restarted production at Gullfaks B, as of 2 May, following a helicopter crash that killed 13 people. Read the latest here Statoil has released the names of several offshore workers who died on Friday…
US supermajor Chevron has taken a big fall in Q1 2016, reporting a loss of US$725 million, compared to earnings of $2.6 billion in the same period last year. Image of Jack/St. Malo, from Chevron…
ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
Key activities for the Ivar Aasen project are progressing according to plan and budget with first oil scheduled for Q4 2016, Det Norske said this morning. Topside construction at SMOE's yard in Singapore is now 98% complete, with sail-away from Singapore scheduled for the first week of June…
UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…
Two Namibia focused explorers have been granted permission to move into their next phases of exploration on blocks offshore Namibia by the country's authorities. Eco Atlantic has been allowed to move forward on licenses PEL 030 (Cooper Block)…
Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea. Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…
Subsea mooring specialist, First Subsea, has achieved American Bureau of Shipping ABS 2009 Approval for its larger R4 steel forgings up to 562mm diameter. According to First Subsea, these are the largest diameter forgings to have received the approval…
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