Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…
Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
Brazilian independent OGX Petróleo e Gás Participações S.A. (OGX), has entered into an agreement with PETRONAS Brasil E&P Ltda (Petronas) to sell a 40% non-operating work interest in BM-C-39 and BM-C-40 blocks, located in the Campos Basin…
OTC is marking a milestone for Innovation Norway this year with not only its largest ever pavilion for Norway but also a celebration of 40 years of the country showing at Houston's annual global oil and gas showcase. The event was marked…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…
Produced Water Absorbents of Ohio yesterday commercially launched its 'break through' Osorb technology for the treatment of oil and gas waste water streams at OTC. Osorb is a regenerable granular media, which PWA says removes up to 99% of free…
Royal Boskalis Westminster N.V., has been awarded a contract by Shell Philippines Exploration B.V. for the installation of an offshore Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines…
Royal Boskalis Westminster N.V., has been awarded a contract by Shell Philippines Exploration B.V. for the installation of an offshore Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines…
One of Jumbo’s heavy lift & installation vessels, the Fairplayer, is in Rotterdam preparing for a subsea installation project. Jumbo’s Fairplayer will be executing the installation of the mooring spread for the EnQuest Producer FPSO. This FPSO will be operating at the Alma and Galia fields…
A new marine and offshore applications development, support, and certified service center is now operational in Houston, TX. This is Bosch Rexroth’s next step in a nationwide strategy to align technology hubs in key geographic markets. The company will officially open the facility in summer 2013…
Market leading joint integrity specialist Hydratight has added five distinct pneumatic torque tools to its range of hydraulic torque wrenches. When a powered bolting solution is needed for high torque fasteners, Hydratight’s pneumatic…