During market downturns, collaboration across industry is critical in order to share best practice Lloyd’s Register Energy has spent this week at the Offshore Technology Conference (OTC) 2015 in Texas challenging oil and gas companies to re-think their approach to safety…
AGR and SP Offshore Energy Services signed a memorandum of understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra deepwater (UDW) well off the Comoros Islands, between Mozambique and the Comoros…
Wood Group Mustang (WGM) completed engineering services for the two Marine Well Containment Company (MWCC) vessels that can be deployed in the event of a deepwater well control incident in the US Gulf of Mexico. Services provided included the follow-on design engineering…
Eni's Goliat platform is being towed from Hammerfest in Finnmark to the field location in the Barents Sea. Goliat tow out. From Eni. The cylindrical platform – a so-called floating…
Bergen Group terminated a deal with Semco Maritime to sell the company’s yard facility just before closing occurred. The deal was announced on 13 April 2015 and the transaction was subject to final closing no later than 30 April 2015…
At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents. Safety model…
Gazprom and PetroVietnam entered into agreements to explore offshore Vietnam later this year, marking the first deepwater well in the area with a depth exceeding 1600m. Gazprom, PetroVietnam signing agreements…
Nanotechnology has an abundance of applications for the oil and gas industry, according to a group of research scientists who addressed attendees Offshore Technology Conference in Houston. From non-stick fluids to contamination warning systems…
The Jack/St. Malo development is a bellwether for the Lower Tertiary Trend, Stephen Thurston, vice president of deepwater exploration and projects for Chevron said at the Offshore Technology Conference (OTC) this week. The Jack and St. Malo fields…
Downhole Products secured US$19 million in contracts in Malaysia and Angola in a mixture of three and three to five-year projects. The Asia Pacific region remains an important part of the world for the company and, since the creation of regional headquarters in Kuala Lumpur five years ago…
Thrustmaster of Texas appointed Joshua Song as general manager of Thrustmaster Asia Pacific Pte Ltd. Thrustmaster Asia Pacific is based out of Singapore - the world’s leading hub for international and regional shipping with over 5000 maritime companies…
At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…
The International Drilling Associate of Contractors (IADC) introduced the newest well control training and assessment program WellSharp at this week’s Offshore Technology Conference (OTC) in Houston. Polk…
Qatar Petroleum has initiated an evaluation process for the selection of a partner to undertake the future development of the Maersk Oil-operated Al Shaheen field, as the current agreement expires mid-2017. Al Shaheen…
Balmoral Offshore Engineering (BOE) was presented with the UK Queen’s Award for Enterprise. It is the third time the company has won the international trade award, the first success coming in 2010. BOE saw overseas income increase by £20 million in the period 2012-14 with profits doubling…