First production from the southern North Sea Orca field is due to start late 2013 following the installation of a new platform at the field. The 1240-tonne D18a-A platform, to be normally unmanned, was installed using the installation…
A partner on the 44/23-1 Dunquin North exploration well being drilled by ExxonMobil offshore Ireland says the reservoir is water bearing. Providence Resources, which holds a 16% interest in frontier exploration license 3/04, containing Dunquin…
Baker Hughes Inc. has introduced the Baker Hughes Well Count, a new index that provides key U.S. onshore well count data. The proprietary count will be available on a quarterly basis. The Baker Hughes Well Count is a natural extension of the Baker Hughes Rig Count…
Statoil used the world’s second largest crane vessel, Saipem 7000, to lift and transport the 10,600-ton topsides module from Aibel’s shipyard in Haugesund, Norway on Wednesday, 17 July. Transit to the Gudrun field, in license area PL025 of the Norwegian North Sea…
A few good recruits. The oil and gas industry is the one, rare sector still hiring, but vacancies remain. We reached out to companies to ask, “Which is harder: recruitment or retention?” They go handin- hand…
Saudi Aramco Energy Ventures LLC (SAEV) closed on an equity investment in Zi-Lift AS, developer of through-tubing-deployed artificial lift systems using permanent magnet motors and transmissions. “Reliable and easily deployable artificial…
Howco Group PLC, has invested over US$4.6 million in new equipment and machinery at three of its UK plants, with $2 million spent at its facility in Sheffield. The company’s two aerospace-standard heat treatment furnaces offer precise temperature control throughout the operating range…
Praxair Offshore Services Ltd. acquired Scotland-based Dominion Technology Gases Investment Ltd., supplier of diving, welding, industrial, laboratory and calibration gases, and associated equipment to the offshore oil and gas industry. Through its acquisition…
TAM International, Inc., an inflatable and swellable packers provider, opened a new office in Dubai to support the company’s growth in the Middle East. The office offers state-of-the-art technology and is in a centralized area, enabling customers…
Teekay Offshore Partners L.P. has agreed to acquire a 50% interest in the Cidade de Itajai FPSO from Teekay Corporation (Teekay) for about US $204 million. The Cidade de Itajai FPSO is operating on the Baúna and Piracaba fields in the Santos basin off Brazil under a nine-year…
After closing its US$2.5 billion acquisition of well-drilling equipment parts provider Robbins & Myers, Houston-based National Oilwell Varco (NOV) adds three more businesses to its NOV Mono division: Moyno Inc., Chemineer Inc., and Tarby Inc…
Dassault Systèmes, moved to acquire manufacturing software solutions provider Apriso, for about US$205 million. The acquisition of California-based Apriso deepens the global manufacturing operations management capabilities of the 3DEXPERIENCE platform…
Foster Wheeler AG has acquired Monterrey, Mexico-based NorthAm Engineering. NorthAm is one of the largest Mexican engineering and project management companies, specializing in upstream, offshore and onshore, downstream, and power projects…
Royal Boskalis Westminster and Royal Volker Wessels Stevin (VolkerWessels) will establish a joint venture (JV) for carrying out offshore cable installation. Boskalis and VolkerWessels will each hold a 50% stake in Visser & Smit Marine Contracting…
Subsea 7 opened its Global Pipeline Welding Development Centre (GPWDC), the result of a US$15.6 million investment in its operations base at Clydebank, Glasgow. The center will develop welding technology for global deployment. The GPWDC is…
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