A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…
Statoil resumed drilling operations on 10 September at the oil-bearing strata in the exploration well 7319/12-1 Pingvin after receiving permission from the Norwegian Environment Agency. The Pingvin prospect is in production license 713 in the Norwegian Barents Sea…
Technip Umbilicals awarded Vallourec a contract for the Total-operated West of Shetland Edradour project in the UK. For the first industrial order, Vallourec will deliver super duplex welded tubes for umbilicals, a key component in subsea installations…
Roc Oil failed to find commercial hydrocarbons at the QK11-1-1 well in Bohai Bay, offshore China, reported joint venture partner AWE Ltd. The well was drilled to a total depth of 4377m measured depth and 3863 true vertical depth on 7…
GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…
Norwegian engineering and construction firm Kvaerner has announced plans to 'accelerate' the company's development, including looking at potential new partnerships and a change in ownership structure. Image: Kvaerner's Verdal yard. Kvaerner has appointed advsiry firm Greenhill & Co…
CGG has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over US$80 million. Three…
Statoil has brought on stream its two latest “Fast-track” fields, Fram H-North and Svalin C, in the North Sea. Fram H-North, north of Fram West in the Troll area, and Svalin C, in block 25/11 southwest of the Grane platform, are the eighth…
UK-based heavy oil explorer Xcite Energy has signed an agreement which could pave the way for a common gas export route for the Kraken, Bentley and Bressay heavy oil fields. The collaboration agreement is between with Statoil and a subsidiary of EnQuest…
Premier Oil's Solan facility, including subsea tank, jacket and topside, have now been installed west of Shetland. Hook up and commissioning will start on the development, which is in Block 205/26a, in 135m water depth, but first oil will be dependent on progress of this phase of work…
Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…
The ABS (American Bureau of Shipping) certified SKF USA Inc. with ‘External Specialist Recognition’ to provide condition monitoring services to the offshore industry. The recognition follows a practical demonstration of ‘Condition Monitoring…
3M added two rescue devices to its personal safety portfolio to help protect people working at height. The 3M and DEUS Escape and Rescue Systemenable workers to steadily control their descent from heights up to 590ft. The easy-to-use…
Belden Inc. introduces its Hirschmann Industrial Ethernet Network program to professionals responsible for industrial network infrastructures throughout North America. The program seeks to train, test and qualify individuals’ skills and…
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