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Tercel launches premium roller cone bits at ADIPEC

Nov 11, 2014

Tercel Oilfield Products released its new premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has precision machined bearing races that are matched to provide the optimum fit and finish for extended operations…

Tri Tool introduces RBL-G2

Nov 11, 2014

Tri Tool Inc. announces the new RBL-G2, the next generation in clamshell lathes. Tri Tool designed the RBL-G2 to be faster, better and built it for safety, performance and speed. “We wanted to eliminate as many pinch points on the new RBL-G2 as possible…

Knowledge management – are we ready for change?

Nov 11, 2014

The future “digital oilfield” must be more than just a trendy buzz word, says Tim Marting, or we risk losing “lessons learned” in out-of-reach pockets of data. Major investment in new extraction technologies is made constantly to help…

PA Resources drops Dutch blocks

Nov 10, 2014

Tulip Oil will pick up partner PA Resources’ 30% equity in blocks Q7/Q10a off The Netherlands. Under the agreement, Tulip Oil will pay a consideration of almost US$1.6 million upon completion of the transaction; further payment is contingent on certain asset milestones being met…

BP introduces new EOR technology

Nov 10, 2014

BP has added to its portfolio of enhanced oil recovery (EOR) technologies with a robotic coreflooding system. 'It will give us ten times increase in capacity to test out new EOR techniques on core samples,' Bob Dudley, BP group chief executive…

Fugro wants to stay independent

Nov 10, 2014

Following Netherlands-based Royal Boskalis Westminster’s acquisition of 14.8% stake in Fugro on Friday, Fugro reaffirmed the company’s intent to stay independent on Monday, 10 November. “Fugro highly values its position as the world leading…

CalEnergy spuds Australian well

Nov 10, 2014

CalEnergy spudded the Pryderi-1 well in WA-424-P, off Australia. Stena Clyde. From Stena Drilling.   Pryderi lies in 75m of water and is located approximately 10km away from the joint venture’s existing Gwydion oil discovery…

RSI gets GDF Suez Norge geophysical contract

Nov 10, 2014

GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.

FMC Technologies appoints new board director

Nov 10, 2014

Peter Oosterveer joins FMC Technologies, Inc. as its new director of its Board of Directors. Oosterveer, chief operating officer of Fluor Corp. will join the board on 1 February 2015. He is a 25-year Fluor veteran. He previously served…

Schlumberger Mozambique 2D seismic data available

Nov 10, 2014

Schlumberger’s multiclient seismic survey offshore Mozambique is now available. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…

Wärtsilä 50DF engine to power icebreaking LNG carriers

Nov 10, 2014

South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) yard ordered a total of 54 Wärtsilä Corp. dual fuel engines to power 172,600cbm icebreaking LNG carriers. The icebreaking LNG carriers…

Intertek opens Abu Dhabi tech center

Nov 10, 2014

Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…

OGIC to address SPE ICoTA well intervention conference

Nov 10, 2014

Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…

Xcite selects AGR software for Bentley

Nov 10, 2014

Xcite Energy selected AGR's well construction planning software P1 to support the planning and development of the Bentley field, one of the largest in the United Kingdom Continental Shelf. The use of the software and the associated procedures…

Cairn makes second Senegal discovery

Nov 10, 2014

Cairn Energy strikes again in Senegal as its second find hit high quality oil at the SNE-1 well off West Africa. Map of Senegal. From Cairn.   SNE-1 is located approximately 100km offshore…

Current News

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Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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