UK-based engineering firm Wood Group will form a joint venture (JV) with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
TAM International marked its 45th anniversary and the opening of its recently-built manufacturing facility on October 18 with a tour of the facilities in Houston, Texas. The new site was open to employees in September. TAM specializes in inflatable packers…
ABB’s Luis Duran explains how proper asset integrity management can cut down human error, reduce risk, and make the offshore oil and gas industry a safer environment in which to work. Safety and asset integrity are costs that can pay…
Newpark Drilling Fluids celebrated the opening of its Technology Center in Katy, Texas on Oct. 30, located close to corporate headquarters. The project has been under development for nine months. Newpark President Bruce Smith said he…
Researchers from Robert Gordon University (RGU) in Scotland have created new software as part of a Knowledge Transfer Partnership (KTP) which helps pre-empt potential faults in subsea technology. Dr. Andrei Petrovski and Professor John McCall…
Wison Offshore & Marine Ltd. (WOM) successfully completed the installation of the three LNG storage tanks into the hull of the Caribbean FLNG project. The project’s barge deck and topsides will now be installed. The Caribbean FLNG project…
Eni Norge is testing an autonomous underwater vehicle (AUV) designed to carry out subsea environmental monitoring along predetermined tracks. The project is part of investment by Eni Norge in research and development linked to new and improved techniques for monitoring the marine environment…
Eni Norge has opened a new operations center in Hammerfest as part of its expansion in northern Norway and the Barents Sea. Eni has been active in the region since the start of the 1990s and is developing the Goliat oil field - the first oil field to be developed in the Barents Sea…
A partnership between companies is a lot like a marriage: some are good, some are strained. That was the tenor of a Wednesday morning panel discussing perspectives on E&P in the South Atlantic that included operators Petrobras, Total, Shell…
Bluestream Offshore has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000m-rated Cougar XT is the second of this model to be added to the fleet of 11 ROVs already operated by the offshore services company…
Statoil has completed an agreement with the Austrian oil and gas company OMV to divest shares in Gullfaks and Gudrun on the Norwegian Continental Shelf and exit Schiehallion and Rosebank fields West of Shetland. Statoil is reducing its…
Cargotec's MacGregor has entered into an agreement to acquire Aker Solutions' mooring and loading systems unit for an enterprise value of approximately EUR180 million. The unit, known by the Pusnes brand name, provides mooring equipment…
Ulstein has been awarded a ship design contract from Vroon Offshore Services, taking the total number of offshore ship designs it has sold in 14 years to more than 100. Of the designs sold, 74 were for Ulstein's X–BOW design, launched in 2005…
Tullow Ghana Limited has awarded two contracts for work on the TEN project worth about US$1.23 billion. The contracts will be shared between Technip and Subsea 7, who are working as part of a consortium on the project. The TEN project is in the Deepwater Tano contract area…
China’s CNOOC announced that the Suizhong 36-1 Phase II adjustment project has commenced production. The Suizhong 36-1 oil field is located in the south region of Liaodong Bay in Bohai in an average water depth of approximately 30m. Four…
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