Innovation, ingenuity and perseverance must take centre stage in the current oil and gas environment, attendees at a breakfast in Aberdeen heard this week. The event, jointly hosted by RBS and Scottish accountancy and business advisory firm…
Mexican operator Pemex has reassigned Pemex Exploration and Production (PEP) Director General Gustavo Hernandez and replaced him with chief of staff Juan Javier Hinojosa Puebla, several news wires report. Bloomberg said that Hernandez…
Unique Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, delivered two new dive systems and a diving vessel worth around £5million to global services provider, Vertech. The Hydracraft 1500 Daughter Craft vessel…
London-based Borders & Southern (B&S) completed a comprehensive seismic reservoir characterization study to investigate the Early Cretaceous shallow marine play fairway of its Darwin discovery offshore the Falkland Islands. The objective…
Cygnus Instruments has introduced a new range of thickness gauges, used for measuring remaining metal thickness without the need to remove protective coatings. The new range of thickness gauges now incorporated two additional measuring modes…
Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for Phase 3 of the DSO Escravos Gas Project; the operation’s first floatover in West Africa. Contracted by Hyundai Heavy Industries (HHI)…
Research and Markets issued a new report on the global subsea BOP market, and the analyst firm says that it expects the market to grow at a CAGR of 6.5% over the period 2014-2019. BOP is a high pressure mechanical safety valve system at the top of a well head…
Work on UK independent Ithaca Energy's Greater Stella Area (GSA) floating production unit is reaching a peak in Remontowa's Polish shipyard. Ithaca says manning levels on the FPF-1 vessel have been at historic highs over recent weeks…
BP has appointed a former MI6 chief to its board of directors, the firm announced this morning. Former Chief of UK Secrete Intelligence Service MI6, Macro Advisory Partners chairman Sir John Sawers (pictured left) has been appointed a non-executive director of the oil major…
Offshore Ireland focused Providence Resources is narrowing its focus on to the Polaris oil prospect after a survey over its Rathlin Basin license. The firm has relinquished some 70% of the 100% operated license, P1885, containing Polaris…
International testing, inspection, certification and consulting engineering group RINA has acquired Houston-based QIC as part of its strategy to expand and internationalise services to the oil and gas industries. QIC is a leading testing…
Drydocks World is to build an external turret mooring systems for JX Nippon’s Layang field floating production vessel offshore Malaysia. Under a contract with UK-based naval architects Orwell Offshore, Dubai-based Dydocks World is expected to supply the turret system by Q1 2016…
Shell’s Executive Vice President, Arctic, Ann Pickard discussed the supermajor’s investment and current challenges facing its Arctic exploration program at this year’s Offshore Technology Conference (OTC) in Houston on 5 May 2015. In the summer of 2015…
With West Texas Intermediate trading at US$60.13/bbl and NYME natural gas set at $2.94/MMBtu, hydrocarbon producers are looking for ways and means to survive the low price environment. Some of those that are best weathering the storm are those that made specific choices before the fall…
Mobile satellite communication services provider Inmarsat announced that the Global Xpress (GX) and FleetBroadband terminals –manufactured by Intellian – are approved for use with FleetBroadband Xtra. Designed to enable high-speed broadband connectivity…
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