Vallourec will launch a new research center in Rio de Janeiro, expected to be operational next month. The Rio center will focus on all pre-salt activities. Located next to Petrobras’ CENPES research center in the Technological Park of Rio de Janeiro…
Aberdeen-based EnerMech acquired Australian industrial sector firm Vicon Services, and UK-based pump equipment specialist Total Reclaim Systems Ltd, for a combined US$15.34 million. EnerMech will introduce new business lines and significantly…
Technical consultancy NEL, a division of TÜV SÜD, invested US $767,700 in the development of a new high pressure multiphase flow facility at its Glasgow laboratories in the UK. The facility will operate at pressures up to 60 bar (equivalent…
Aker Solutions acquired Glasgow, Scotland-based International Design Engineering And Services Ltd. (I.D.E.A.S.), an engineering company that has developed software and technology to improve the quality and accuracy of integrity and life time analysis for oil and gas assets…
The UTV 1200 acquired by Pharos Offshore Group is a short and wide ROV designed to bury submarine power cables. Enhancements to the ROV will facilitate effective post- lay/ installation burial and improve the handling and stability of the vehicle…
Standard coring methods often yield incomplete reservoir fluid information. Doug Kinsella, managing director of Corpro, describes a new coring system that provides better information while saving rig time. Deepwater finds are now playing a crucial role in replacing global reserves…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
OMV New Zealand Ltd. awarded DOF Subsea Group a contract for subsea installation services to the Maari Field, Raroa FPSO offshore Taranaki, New Zealand. The project, worth approximately NOK 150 million, will be executed from DOF Subsea’s…
A consortium of Fistuca, Van Oord and TNO has performed a series of successful tests of BLUE Piling Technology (patented), an innovative technology to drive large piles offshore. At a shipyard of Van Oord in Zuilichem, The Netherlands…
Norway’s Minister of Petroleum and Energy has opened the Barents Sea southeast for exploration. Inviting oil companies to nominate the blocks they would like to have included in the country’s 23rd licensing round, minister of petroleum…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…
Electromagnetic Geoservices ASA (EMGS) provides this film featuring 3D EM vessels the BOA Thalassa and BOA Galatea at work as crews ready deployment of a receiver to the seabed surface.
Jiangsu Yangzijiang Offshore Engineering Co. Ltd. (YZJOE) is ready to “strike steel” on the construction of a US$170million Le Tourneau Super 116E, self-elevating jackup for drilling in 350ft water depths. The detailed engineering phase has…
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