Arctic drilling has made headlines since the announcement of Shell’s 2015 summer drilling campaign. Paired with the low oil prices due to a surplus of supply, many people wonder why we even need to drill in the Arctic when there is so much oil right now…
Petrobras has further revised down its investment plans for 2015 and 2016, opting to cut US$3 billion in spending in 2015, and $8 billion in 2016, the Brazilian state-owned firm announced on 5 October. In June, embattled operator approved a new five-year investment plan for 2015-2019…
Wood Group announces the appointment of Robin Watson as chief executive officer (CEO), effective 1 January 2016. Watson succeeds Bob Keiller who has decided to retire from Wood Group on 31 December 2015. Watson has served on the board since 2013…
Fugro (Mexico) in conjunction with long-time associates, Diavaz, has been awarded an extension of the ongoing offshore geophysical and geotechnical campaign by the Mexican national oil company, Pemex. Geotechnical field operations, laboratory…
The Global offshore support vessels industry is estimated to grow from US$39.4 billion in 2014 to $69.34 billion by the end of 2020 at a CAGR of 9.88%, according to a new report by Mordor Intelligence on the Global Offshore Support Vessel Market…
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with National Oilwell Varco (NOV) Arendal in Norway to provide an acoustic mooring line subsea monitoring system to measure mooring line inclination and tension…
Norway-based Dolphin Geophysical and Bergen-based GC Rieber Shipping entered into multi million-dollar deals that include an early redelivery and improved vessel terms of an overall restructuring agreement to improve Dolphin’s competitiveness in today’s challenging market…
Shell started production from its new offshore platform in the Malampaya natural gas field, off the Philippines. Malampaya. From Shell. The offshore platform known as the depletion…
Lundin Norway commenced drilling of exploration well 7220/6-2 in PL609, offshore Norway. The planned total depth is approximately 1350m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days…
GMC Ltd. has announced that they have received an award for their Intelligently Connected Pipe (ICP) technology from DeepStar as part of DeepStar Phase XII-B funding. The project titled ‘Testing of High-Strength Mechanically Connected Steel…
Fugro Scout, the new 83m geotechnical drilling vessel, has completed its maiden project in the Middle East. Since its maiden project in the Persian Gulf it has been successfully deployed in the Arabian Sea and the Red Sea, completing several…
In this video, EXMAR shows a time-lapse video of the construction of the Caribbean FLNG at Wilson Shipyard, located in Nantong China. In EXMAR's 2Q 2015 report, the company revealed that pre-commissioning of the Caribbean FLNG ws proceeded as planned for 3Q…
Total and its project partners have deployed the Sonardyne Fusion 6G technology offshore Angola at the Kaombo oil field. Using the technology’s Wideband 2 digital signal architecture, common tasks such as template installation, touch-down…
R. Scott Rowe has assumed the role of president and CEO of Cameron International, effective today, the oilfield equipment provider announced. Rowe has served with Cameron for 13 years, most recently as president and chief operating officer…
Honeywell's Spectra fiber will be used in ropes for new offshore oil and gas platforms for Petrobras, the company announced on 5 October. The high-performance fiber, also used extensively in body and vehicle armor, is being incorporated…
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