Dutch firms Frames Group and Royal IHC have signed a joint development agreement to collaborate on the development of a compact subsea separator module. Royal IHC has experience in the design and supply of various subsea structures, equipment and modules…
Apache is moving ahead with its Callater development in the Beryl area despite spending cut backs in its North Sea business. The firm has awarded Subsea 7 an engineering, procurement, installation and commissioning (EPIC) contract as part of its Callater field development…
Scanning the newspapers, social media and analyst coverage this year, there is consensus that a recovery in oil prices is coming, as a function of a reduction in over-supply, and that we should expect upward movement in prices later this year…
ABS, a leading provider of classification and technical services to the global marine and offshore industries, has published two documents to help industry with condition monitoring. The new ABS Guidance Notes on Condition Monitoring…
The Cross Group has won a contract to assist in pulling five flexible flowlines and an umbilical, with a maximum expected load of 44-tonne, onto a jacketed platform. The work will be performed using one of Cross Group’s Hepburn 83-MPE…
Saipem has signed a memorandum of understanding (MOU) with DESFA, the national natural gas system operator in Greece, for cooperation on onshore and offshore gas projects within the Balkans and Eastern Mediterranean regions. Saipem and…
CGG GeoSoftware has released VelPro 9.5, a velocity modeling and depth conversion commercial software technology used by interpreters and velocity modeling experts to integrate seismic and well velocity information, horizons, faults, and well tops into velocity models…
Oil services giant Schlumberger has laid off 2000 employees as the company reports one of its steepest revenue declines since the downturn began, citing global activity decline and disruption that has reached unprecedented levels. Image…
Sandvik will offers weld-free coiled tubing in lengths exceeding 1000m. The first 1010m coiled tube reel is to be symbolically delivered on 10 October 2016 for a demanding offshore oil and gas customer. To meet a growing need for coiled tubing in very long lengths…
The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…
Wild Well Control’s DeepRange tool, in conjunction with its 7Series riserless intervention system, has successfully performed full plug and abandonment operations on four subsea wells in the Gulf of Mexico. These wells are a part of a larger…
Quadrant Energy has encountered natural gas at its Davis-1 near-field exploration well, off the coast of Western Australia, according to joint venture partner Santos. Davis-1 is located some 12km from the existing John Brookes platform…
Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says. Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…
Significant hydrocarbon potential has been outlined in the south Porcupine offshore Ireland, according to initial results of a collaboration project between operator Providence Resources and oilfield services firm Schlumberger. Two firms…
Transocean has listed one rig as held for sale and inked three new contracts, including a new contract for its Dhirubhai Deepwater KG2 ultra deepwater drillship, currently based offshore east India. The rate for the vessel is undisclosed…