Tenaris is launching its next generation of coiled tubing, BlueCoil. Tenaris developed BlueCoil technology using innovative steel designs and proprietary manufacturing processes. The end result is a coiled tubing string with a vastly…
Technip awarded UTEC Survey a three-year master service agreement (MSA). The award confirms a three-year extension to its current North America MSA with Technip, an agreement which encompasses a full range of survey services including…
Det norske oljeselskap ASA elected Kjell Pedersen to the company’s board of directors. As a consequence of this appointment, Pedersen decided to resign from his duty as chairman of the board for Aibel AS. Tom Røtjer has at the same time resigned from his duty as member of the board…
Independent Oil and Gas (IOG) announced that further to the award of Block 48/22c in the UK 28th offshore licensing round, the license area has been increased by 42sq km to the South and now contains the Hambleton discovery, in the North Sea…
For the 2014 financial year, VIKING Life-Saving Equipment A/S has again managed to lift both its top and bottom line to record levels. Turnover grew 7% to US$250 million, and pre-tax profits reached $26.5 million – an increase of 30%. VIKING’s…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
No hydrocarbons were intersected at Karoon Gas Australia’s Kangaroo West-1 offshore Brazil. Map from Karoon. The exploration well, located in exploration block S-M-1165, reached its planned total depth of 3170m…
The UK offshore industry’s new regulator is to be given powers to fine oil and gas producers up to £1 million, and potentially £5 million, and to revoke licenses, under certain circumstances, it has been announced. Under a string of new…
UK-based North Sea explorer Independent Oil and Gas (IOG) has added the Hambleton discovery to its assets after its license covering block 48/22c was extended by 42sq km. IOG was awarded the block, which also contains the Elgood discovery…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
Alphastrut has expanded its operations by opening an office in Busan, South Korea. The Scotland-headquartered company has already enjoyed success in having its weight-saving aluminum support system specified for use on major North Sea platform developments for BP…
BP finally has filed – and won approval for – its long-awaited revised Mad Dog 2 development plan, records at the US Bureau of Ocean Energy Management show. The new plan calls for a 140,000 b/d semisubmersible floating production platform in 4440ft of water in Green Canyon block 780…
In Transocean’s fleet update, the Switzerland-based company says it will be scrapping four of its rigs and 16 floaters that will cost up to US$325 million. The Sedco Express. From Transocean. The Deepwater Expedition…
DNV GL has released the new Sesam GeniE 7, with new meshing capabilities. When engineers use the finite element method (FEM) to calculate the strength needed for offshore and ship structures to withstand forces such as wind and waves…
Siem Offshore Inc. is making a move to streamline its business by dividing into separate organizations. The Siem Symphony. From Siem Offshore. Siem Offshore OSV will be dedicated for…