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TGS cuts staff, revalues some multi-client data

Nov 17, 2015

Geocsience firm TGS is to cut staffing by a further 130, or 16%, after continuing to review its cost base amid the ongoing weak market conditions. Image from TGS. The firm says…

NEL tackles heavy oil

Nov 17, 2015

NEL, the UK-based flow measurement research and development specialist, has launched a joint industry project (JIP) to meet an urgent industry requirement to address the challenges of accurately measuring highly viscous, multiphase flows…

Keeping up with safety valve reliability

Nov 17, 2015

Ben Lake, of Weatherford, discusses how rigorous testing and validation are essential for ensuring safety valve reliability and performance. As the last line of defense in protecting life, property, and the environment, subsurface safety…

New JV to develop Portuguese floating wind farm

Nov 16, 2015

EDP Renewables (EDPR), Mitsubishi (through its subsidiary Diamond Generating Europe), Chiyoda (through its subsidiary Chiyoda Generating Europe), Engie and Repsol entered into an agreement to implement a floating offshore wind farm off the coast of Northern Portugal…

Schlumberger in FIT takeover

Nov 16, 2015

Schlumberger is at it again with another acquisition, this time of US-based Fluid Inclusion Technologies (FIT), which specializes in laboratory analysis of trapped fluids in rock material, and advanced borehole gas analysis on drilling wells…

YFP completes Aje operations

Nov 16, 2015

Yinka Folawiyo Petroleum (YFP) completed well operations on the Aje field on the OML 113 license offshore Nigeria, according to partner Panoro Energy. The Aje-4 well, which was previously drilled in 2008, has been successfully completed as an oil production well…

CIS completes Technip subsea piling campaign

Nov 16, 2015

Conductor Installation Services (CIS) successfully completed its second subsea piling campaign for Technip in Norway.  Deck Layout close-up. Image from Technip. CIS used its remotely operated Subsea Piling System…

SBM receives Petrobras FPSO tenders

Nov 16, 2015

SBM Offshore received a formal invitation from Brazilian giant Petróleo Brasileiro (Petrobras) to tender for the Sépia and Libra floating production storage and offloading units (FPSOs). Brasa shipyard…

Turritella set sail for Stones

Nov 16, 2015

First oil at Shell’s Stones project in the Gulf of Mexico is on the horizon, as the Turritella floating production storage and offloading unit (FPSO) set sail from Singapore this month. The Turritella…

Airborne inks flexibles deal with Wild Well

Nov 16, 2015

Airborne Oil & Gas will supply non-collapsible flexible jumpers to Wild Well Control for the deepest riser less plug and abandonment in the Gulf of Mexico Wild Well Control awarded Airborne Oil & Gas (AOG) a contract for the supply of two flexible TCP Jumpers…

Magseis inks Shell ultra deepwater OBS pilot

Nov 16, 2015

Norwegian seismic technology firm Magseis has entered into an agreement with Shell Global Solutions International for the further joint development of a system to deploy Magseis’ MASS technology in ultra deepwater. The agreement regulates…

Green light for Edvard Grieg

Nov 16, 2015

Norway's Norwegian Petroleum Directorate (NPD) has given Lundin the green light to start production from the Edvard Grieg field. The field is in production license 338 in the Norwegian sector of the North Sea. According to the NPD, the…

Greater Stella remains on track

Nov 16, 2015

Ithaca Energy's delayed Greater Stella Area development remains on track for first production in Q2 next year. In a trading update this morning, Ithaca says sailaway of the FPF-1 floating production facility from the Remontowa Shipyard in Gdansk…

Premier Oil sells Norway business

Nov 16, 2015

Norway's Det Norske has bought UK-based independent explorer Premier Oil's Norwegian assets for US$120 million, just a month after agreeing to buy Svenksa Petroleum for $75 million. The Premier Oil assets include the Vette development…

Lundin gets Barents Sea consent

Nov 13, 2015

Image from Lundin Petroleum. Lundin Norway, as operator for production license 708, has received consent to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days…

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