OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…
Petroceltic International has launched drilling campaigns offshore Romania and in Kurdistan. The Romanian campaign, in the Black Sea, started with the spudding of the Cobalcescu South exploration well using the GSP Prometeu jack-up drill rig…
Viper Subsea will unveil its latest innovation on its stand (6A20) at SPE Offshore Europe 2013. The V-LIFE provides a solution to one of subsea engineering’s most common problems – the degradation of insulation resistance in subsea cables and umbilicals…
New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…
There are many methods used to protect offshore pipelines: sand, grout or cement bags, burying, concrete or cathode coating, and trenching, to name a few. Most methods address ancillary issues like separation, support, erosion, expansion of infrastructure…
The Danish offshore is a mature oil and gas province with 40 years of production, but the Danish Energy Agency’s latest annual report,* says that the country is expected to remain a net exporter of oil through 2020, while gas production is…
Hydratight launched the quick release nut, which uses the latest technology to reduce disconnection times to less than five seconds per stud. The nut uses imbedded hydraulic cylinders and incorporates a unique three segment nut design, set into a cage…
The oil & gas industry is about people. Every human being on the planet has benefited from the work this industry does. People also represent one of the industry’s biggest challenges. There is a global shortage of staff. There are not enough qualified people to fill the many open positions…
Next Generation. Faced with global staffing shortages, OE asked: “How can the industry help foster an interest in engineering among children?” Math and science are a requirement for filling the pipeline of future engineers…
ION Geophysical established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia- Pacific region. The new center is staffed with geoscience professionals…
Accelerated Production Systems Inc. acquired Texas Systems & Controls, Inc., strengthening Accelerated’s capabilities in the design and manufacturing of well testing, artificial lift, pumping, and process and filtration equipment for their energy-industry customers…
Cubility’s MudCube shale shaker made a name for itself on its first commercial installation on Maersk Drilling’s Maersk Giant in the North Sea. The North Sea has long been a critical area of exploration and production within the oil and gas industry…
ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares…
Nexans has fine tuned its specialized facility at Halden in Norway, after a cable failed to meet the final acceptance test a couple of years ago and had to be remade. Meg Chesshyre visited the plant, which has a full order book and a more than two-year backlog…
Reservoir compaction and seafloor subsidence continue to be a significant concern for the oil and gas industry. Subsidence near oil and gas reservoirs is usually caused by a high production rates from multiple wells over many years. Production…
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